2,233 Shares of Corpay, Inc $CPAY Purchased by MGO One Seven LLC

MGO One Seven LLC bought a new position in Corpay, Inc (NYSE:CPAY) during the 3rd quarter, HoldingsChannel reports. The fund bought 2,233 shares of the corporate payments company’s stock, valued at approximately $868,000.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new stake in shares of Corpay during the second quarter valued at approximately $107,805,000. Hawk Ridge Capital Management LP boosted its stake in shares of Corpay by 20.5% during 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 acquiring an additional 90,360 shares during the last quarter. Spruce House Investment Management LLC lifted its position in Corpay by 6.0% during the first quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company’s stock valued at $256,071,000 after purchasing an additional 50,000 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings 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 acquiring an additional 41,725 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its stake in shares of Corpay by 22.1% during the 2nd quarter. Wedge Capital Management L L P NC now owns 222,662 shares of the corporate payments company’s stock valued at $74,207,000 after buying an additional 40,321 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Corpay Price Performance

Shares of NYSE CPAY traded up $8.13 during mid-day trading on Friday, hitting $455.13. 1,077,901 shares of the company’s stock traded hands, compared to its average volume of 454,660. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.97 and a quick ratio of 0.97. Corpay, Inc has a 1 year low of $271.22 and a 1 year high of $479.53. The company’s 50-day moving average is $405.04 and its two-hundred day moving average is $360.03. The company has a market capitalization of $29.88 billion, a P/E ratio of 25.03, a PEG ratio of 1.12 and a beta of 0.94.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Wednesday, November 4th. The corporate payments company reported $7.54 EPS for the quarter, topping the consensus estimate of $7.20 by $0.34. Corpay had a return on equity of 42.18% and a net margin of 22.72%. The company had revenue of $1.38 billion during the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the business posted $5.70 earnings per share. The firm’s revenue was up 17.9% on a year-over-year basis. On average, equities analysts anticipate that Corpay, Inc will post 25.81 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

CPAY has been the topic of a number of research analyst reports. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Cantor Fitzgerald lifted their price objective on Corpay from $415.00 to $480.00 and gave the stock an “overweight” rating in a research note on Monday, August 10th. Keefe, Bruyette & Woods upped their price objective on Corpay from $470.00 to $525.00 and gave the stock an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. increased their target price on Corpay from $470.00 to $500.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Scotiabank raised their target price on shares of Corpay from $536.00 to $539.00 and gave the company a “sector outperform” rating in a report on Thursday. Eleven investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $469.00.

Key Headlines Impacting Corpay

Here are the key news stories impacting Corpay this week:

• Positive Sentiment: Corpay reported Q3 adjusted EPS of $7.54, above the roughly $7.20 consensus estimate, while revenue rose 18% year over year. Strength in Corporate Payments helped lift results. Corpay Q3 Earnings Beat Estimates, Revenues Increase 18% Y/Y
• Positive Sentiment: The company raised its 2026 outlook, projecting revenue of $5.34 billion–$5.36 billion, ahead of the cited FactSet estimate of $5.32 billion. It also forecast 9%–11% organic revenue growth in 2027 and plans to deploy about $2 billion of free cash flow, supporting its growth and capital-return case. Corpay’s 2027 growth outlook and free-cash-flow plans
• Positive Sentiment: Several analysts raised price targets after the results, including JPMorgan to $500, Keefe, Bruyette & Woods to $525, and Scotiabank to $539, reflecting improved expectations for Corpay’s prospects. Keefe, Bruyette & Woods raises Corpay price target
• Neutral Sentiment: Analyst views are not uniformly bullish: UBS lifted its target to $465 but maintained a neutral rating. Some coverage also asks whether the earnings-driven rally has already priced in much of the upside. Analysts’ opinions are mixed on Corpay

Insider Transactions at Corpay

In related news, CEO Ronald Clarke sold 119,486 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the transaction, the chief executive officer directly owned 2,354,330 shares in the company, valued at approximately $970,925,692. This represents a 4.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Steven Stull sold 4,000 shares of the stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the completion of the sale, the director directly owned 23,598 shares in the company, valued at $9,690,754.68. This trade represents a 14.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 220,860 shares of company stock valued at $91,395,514. 5.19% of the stock is owned by corporate insiders.

About Corpay

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.