Quadrant Capital Group LLC lifted its position in Corpay, Inc (NYSE:CPAY – Free Report) by 42.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,722 shares of the corporate payments company’s stock after purchasing an additional 1,398 shares during the period. Quadrant Capital Group LLC’s holdings in Corpay were worth $1,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds have also recently modified their holdings of CPAY. Bank of New York Mellon Corp bought a new stake in shares of Corpay during the 2nd quarter valued at $107,805,000. Hawk Ridge Capital Management LP boosted its holdings in Corpay by 20.5% in the 1st quarter. Hawk Ridge Capital Management LP now owns 532,180 shares of the corporate payments company’s stock worth $154,859,000 after buying an additional 90,360 shares during the period. SG Americas Securities LLC boosted its holdings in Corpay by 211.2% in the 1st quarter. SG Americas Securities LLC now owns 75,549 shares of the corporate payments company’s stock worth $21,984,000 after buying an additional 51,273 shares during the period. Spruce House Investment Management LLC boosted its holdings in Corpay by 6.0% in the 1st quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company’s stock worth $256,071,000 after buying an additional 50,000 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its stake in Corpay by 5,288.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 42,514 shares of the corporate payments company’s stock worth $15,122,000 after buying an additional 41,725 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors.
Corpay Price Performance
CPAY stock opened at $415.17 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The company’s fifty day moving average price is $404.78 and its 200-day moving average price is $371.28. Corpay, Inc has a one year low of $252.84 and a one year high of $427.46. The company has a market capitalization of $27.26 billion, a PE ratio of 25.27, a price-to-earnings-growth ratio of 1.12 and a beta of 0.89.
Corpay (NYSE:CPAY – Get Free Report) last posted its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating the consensus estimate of $6.58 by $0.42. The company had revenue of $1.34 billion during the quarter, compared to analysts’ expectations of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. Corpay’s quarterly revenue was up 21.5% on a year-over-year basis. During the same period last year, the company posted $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, equities analysts anticipate that Corpay, Inc will post 25.79 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research firms have commented on CPAY. Raymond James Financial reissued an “outperform” rating and set a $442.00 price target on shares of Corpay in a report on Thursday, August 6th. Keefe, Bruyette & Woods upped their price objective on Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. UBS Group upped their price objective on Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a research note on Thursday, August 6th. Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a research report on Sunday, September 6th. Finally, Robert W. Baird set a $475.00 target price on Corpay in a research note on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $438.93.
Check Out Our Latest Stock Analysis on CPAY
Insider Buying and Selling at Corpay
In other Corpay news, CEO Ronald Clarke sold 119,486 shares of the business’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total value of $49,276,026.40. Following the sale, the chief executive officer owned 2,354,330 shares in the company, valued at $970,925,692. The trade was a 4.83% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Steven Stull sold 2,357 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $413.62, for a total transaction of $974,902.34. Following the transaction, the director directly owned 21,241 shares of the company’s stock, valued at $8,785,702.42. This trade represents a 9.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 220,860 shares of company stock worth $91,395,514. Corporate insiders own 5.19% of the company’s stock.
Corpay Profile
Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.
The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.
Corpay operates as part of the broader financial technology and payment processing sector.
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