Corpay (NYSE:CPAY – Get Free Report) had its price objective increased by Cantor Fitzgerald from $415.00 to $480.00 in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the corporate payments company’s stock. Cantor Fitzgerald’s price target suggests a potential upside of 22.01% from the company’s previous close.
Other analysts have also recently issued reports about the stock. Oppenheimer reissued an “outperform” rating and set a $388.00 price target on shares of Corpay in a research note on Friday, May 8th. Royal Bank Of Canada boosted their price objective on shares of Corpay from $363.00 to $423.00 and gave the stock a “sector perform” rating in a research report on Thursday. Loop Capital began coverage on Corpay in a research report on Monday, May 18th. They issued a “buy” rating and a $406.00 price objective on the stock. Morgan Stanley set a $455.00 target price on Corpay in a research note on Friday. Finally, UBS Group boosted their target price on Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a research report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $426.08.
Get Our Latest Stock Analysis on CPAY
Corpay Stock Up 0.1%
Corpay (NYSE:CPAY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The company’s revenue was up 21.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, research analysts expect that Corpay will post 25.49 earnings per share for the current fiscal year.
Insider Activity at Corpay
In other news, Director Steven T. Stull sold 1,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total value of $360,780.00. Following the transaction, the director owned 28,241 shares of the company’s stock, valued at $10,188,787.98. This represents a 3.42% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Armando Lins Netto sold 70,476 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $352.13, for a total value of $24,816,713.88. Following the completion of the transaction, the insider owned 11,274 shares in the company, valued at $3,969,913.62. This represents a 86.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 88,677 shares of company stock valued at $31,304,091. 5.19% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Corpay
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its stake in shares of Corpay by 168,603.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,489,655 shares of the corporate payments company’s stock valued at $448,282,000 after acquiring an additional 1,488,772 shares during the last quarter. M&T Bank Corp grew its holdings in Corpay by 4,657.7% during the fourth quarter. M&T Bank Corp now owns 1,044,074 shares of the corporate payments company’s stock valued at $314,193,000 after purchasing an additional 1,022,129 shares during the period. Norges Bank bought a new stake in Corpay in the fourth quarter valued at approximately $266,190,000. Orbis Allan Gray Ltd raised its holdings in Corpay by 20.8% in the fourth quarter. Orbis Allan Gray Ltd now owns 4,987,968 shares of the corporate payments company’s stock worth $1,501,029,000 after purchasing an additional 859,854 shares during the period. Finally, Spruce House Investment Management LLC grew its holdings in shares of Corpay by 95.3% in the 4th quarter. Spruce House Investment Management LLC now owns 830,000 shares of the corporate payments company’s stock valued at $249,772,000 after buying an additional 405,000 shares during the period. Institutional investors own 98.84% of the company’s stock.
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.
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