Corpay, Inc $CPAY Shares Bought by CenterBook Partners LP

CenterBook Partners LP lifted its stake in shares of Corpay, Inc (NYSE:CPAY) by 58.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,077 shares of the corporate payments company’s stock after purchasing an additional 4,104 shares during the quarter. CenterBook Partners LP’s holdings in Corpay were worth $4,112,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CPAY. Burkett Financial Services LLC bought a new position in Corpay in the 3rd quarter valued at about $30,000. Axiom Investment Management LLC acquired a new stake in shares of Corpay in the 1st quarter worth approximately $27,000. Strive Financial Group LLC acquired a new stake in shares of Corpay in the 2nd quarter worth approximately $35,000. Western Wealth Management LLC bought a new position in shares of Corpay in the first quarter valued at approximately $36,000. Finally, CoreCap Advisors LLC boosted its holdings in shares of Corpay by 1,246.2% in the second quarter. CoreCap Advisors LLC now owns 175 shares of the corporate payments company’s stock valued at $58,000 after acquiring an additional 162 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Stock Up 1.8%

NYSE CPAY opened at $455.13 on Friday. Corpay, Inc has a 12 month low of $271.22 and a 12 month high of $479.53. The company has a market capitalization of $29.88 billion, a P/E ratio of 25.03, a PEG ratio of 1.25 and a beta of 0.94. The company’s 50 day simple moving average is $405.04 and its 200 day simple moving average is $360.03. The company has a debt-to-equity ratio of 1.82, a current ratio of 0.95 and a quick ratio of 0.97.

Corpay (NYSE:CPAY) last issued its earnings results on Wednesday, November 4th. The corporate payments company reported $7.54 earnings per share for the quarter, topping analysts’ consensus estimates of $7.20 by $0.34. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. Corpay had a net margin of 23.73% and a return on equity of 46.94%. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period last year, the firm posted $5.70 earnings per share. Equities research analysts expect that Corpay, Inc will post 25.81 earnings per share for the current fiscal year.

Insider Buying and Selling at Corpay

In other news, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the sale, the chief executive officer 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Steven Stull sold 4,000 shares of the firm’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total value of $1,642,640.00. Following the sale, the director directly owned 23,598 shares of the company’s stock, valued at approximately $9,690,754.68. This represents a 14.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 220,860 shares of company stock worth $91,395,514 in the last ninety days. 5.19% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on CPAY shares. Wolfe Research raised their price objective on shares of Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Morgan Stanley upped their target price on Corpay from $455.00 to $460.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 28th. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. UBS Group increased their price target on Corpay from $415.00 to $465.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Cantor Fitzgerald lifted their price target on Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $469.00.

Key Corpay News

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

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.