Russell Investments Group Ltd. Decreases Stake in Corpay, Inc. $CPAY

Russell Investments Group Ltd. lessened its stake in Corpay, Inc. (NYSE:CPAY) by 5.6% in the second quarter, HoldingsChannel.com reports. The firm owned 97,330 shares of the company’s stock after selling 5,752 shares during the quarter. Russell Investments Group Ltd.’s holdings in Corpay were worth $32,276,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in CPAY. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Corpay by 54.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,590 shares of the company’s stock worth $3,693,000 after acquiring an additional 3,739 shares during the period. Nordea Investment Management AB boosted its position in Corpay by 50.1% during the second quarter. Nordea Investment Management AB now owns 20,297 shares of the company’s stock worth $6,670,000 after purchasing an additional 6,775 shares in the last quarter. Peak Financial Advisors LLC acquired a new stake in Corpay in the second quarter valued at $2,518,000. Czech National Bank increased its position in shares of Corpay by 7.6% in the second quarter. Czech National Bank now owns 17,230 shares of the company’s stock valued at $5,717,000 after buying an additional 1,219 shares in the last quarter. Finally, Capital Impact Advisors LLC acquired a new position in shares of Corpay during the 1st quarter worth $8,177,000. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Stock Up 0.8%

CPAY stock opened at $295.80 on Friday. The company has a 50 day moving average price of $283.66 and a two-hundred day moving average price of $311.30. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.12 and a current ratio of 1.12. The stock has a market capitalization of $20.69 billion, a P/E ratio of 20.10, a PEG ratio of 1.02 and a beta of 0.95. Corpay, Inc. has a one year low of $252.84 and a one year high of $400.81.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.63 by $0.07. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Corpay had a return on equity of 39.13% and a net margin of 25.17%.The business’s revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the firm earned $5.00 earnings per share. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. As a group, sell-side analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.

Analyst Upgrades and Downgrades

CPAY has been the topic of a number of research reports. Williams Trading set a $300.00 price objective on shares of Corpay in a research note on Monday, November 3rd. Royal Bank Of Canada raised their price objective on shares of Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Morgan Stanley dropped their price target on Corpay from $360.00 to $356.00 and set an “equal weight” rating for the company in a research report on Monday, August 11th. Finally, Raymond James Financial set a $392.00 price target on Corpay and gave the stock an “outperform” rating in a report on Thursday, August 7th. Nine analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $379.71.

Corpay Company Profile

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.