Corpay, Inc. $CPAY Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC reduced its stake in Corpay, Inc. (NYSE:CPAY) by 9.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,458 shares of the company’s stock after selling 259 shares during the period. Metis Global Partners LLC’s holdings in Corpay were worth $816,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its position in shares of Corpay by 1.5% during the 1st quarter. Vanguard Group Inc. now owns 7,872,786 shares of the company’s stock worth $2,745,398,000 after purchasing an additional 119,987 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Corpay by 11.1% during the first quarter. JPMorgan Chase & Co. now owns 4,728,635 shares of the company’s stock worth $1,648,970,000 after acquiring an additional 472,147 shares during the last quarter. Boston Partners increased its stake in Corpay by 5.8% in the first quarter. Boston Partners now owns 2,163,940 shares of the company’s stock valued at $751,371,000 after purchasing an additional 118,542 shares during the period. Invesco Ltd. increased its position in Corpay by 12.3% in the 1st quarter. Invesco Ltd. now owns 1,894,732 shares of the company’s stock valued at $660,731,000 after acquiring an additional 208,067 shares during the period. Finally, Wellington Management Group LLP increased its holdings in shares of Corpay by 30.7% in the first quarter. Wellington Management Group LLP now owns 1,275,059 shares of the company’s stock valued at $444,639,000 after purchasing an additional 299,452 shares during the period. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Corpay Trading Up 3.4%

Shares of CPAY stock opened at $290.65 on Wednesday. The firm’s 50 day moving average price is $290.38 and its two-hundred day moving average price is $315.03. The stock has a market cap of $20.52 billion, a price-to-earnings ratio of 19.75, a price-to-earnings-growth ratio of 1.02 and a beta of 0.95. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 1.48. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $400.81.

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on CPAY shares. Keefe, Bruyette & Woods cut their price target on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. Deutsche Bank Aktiengesellschaft began coverage on Corpay in a research note on Thursday, July 17th. They set a “buy” rating and a $390.00 price target for the company. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. JPMorgan Chase & Co. decreased their price target on shares of Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Finally, Morgan Stanley lowered their price objective 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. Nine equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $379.71.

About Corpay

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.