Corpay, Inc. $CPAY Shares Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. increased its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 33.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,682 shares of the company’s stock after purchasing an additional 1,909 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Corpay were worth $2,213,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of Corpay in the second quarter valued at $266,246,000. Vanguard Group Inc. boosted its holdings in Corpay by 3.2% during the 2nd quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock valued at $2,695,851,000 after acquiring an additional 251,651 shares during the period. Boston Partners grew its position in Corpay by 5.8% in the 2nd quarter. Boston Partners now owns 2,289,271 shares of the company’s stock valued at $758,536,000 after acquiring an additional 125,331 shares in the last quarter. Orbis Allan Gray Ltd increased its stake in Corpay by 3.3% during the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock worth $1,279,362,000 after purchasing an additional 124,368 shares during the period. Finally, Invesco Ltd. increased its stake in Corpay by 4.4% during the second quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock worth $656,649,000 after purchasing an additional 84,198 shares during the period. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Insider Activity

In other Corpay news, Director Steven T. Stull bought 8,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the purchase, the director directly owned 29,241 shares in the company, valued at $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Alissa B. Vickery sold 1,701 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the completion of the transaction, the chief accounting officer directly owned 2,180 shares of the company’s stock, valued at $781,857. This trade represents a 43.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 5.04% of the stock is currently owned by company insiders.

Corpay Price Performance

Shares of CPAY opened at $321.56 on Friday. The firm has a market capitalization of $22.50 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 1.00 and a beta of 0.82. The firm’s fifty day simple moving average is $317.68 and its 200-day simple moving average is $305.04. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $386.88. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, February 4th. The company reported $6.04 EPS for the quarter, beating the consensus estimate of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The firm had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the company posted $5.36 earnings per share. Corpay’s revenue for the quarter was up 20.7% compared to the same quarter last year. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Equities analysts forecast that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on CPAY. Mizuho lifted their price objective on shares of Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a report on Friday, February 6th. JPMorgan Chase & Co. boosted their price target on shares of Corpay from $350.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Scotiabank raised Corpay to a “sector outperform” rating in a research report on Monday, January 26th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Finally, Royal Bank Of Canada boosted their target price on Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $379.79.

Corpay Profile

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.