Corpay, Inc. $CPAY Position Raised by Atria Investments Inc

Atria Investments Inc grew its position in shares of Corpay, Inc. (NYSE:CPAY) by 25.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,446 shares of the company’s stock after acquiring an additional 496 shares during the quarter. Atria Investments Inc’s holdings in Corpay were worth $812,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of CPAY. Cerity Partners LLC boosted its holdings in shares of Corpay by 6.2% in the first quarter. Cerity Partners LLC now owns 33,385 shares of the company’s stock valued at $11,642,000 after acquiring an additional 1,942 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Corpay by 54.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,590 shares of the company’s stock worth $3,693,000 after purchasing an additional 3,739 shares during the period. Nordea Investment Management AB lifted its position in Corpay by 50.1% in 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 during the period. Peak Financial Advisors LLC bought a new position in Corpay during the 2nd quarter valued at $2,518,000. Finally, Czech National Bank increased its position in shares of Corpay by 7.6% during the 2nd quarter. Czech National Bank now owns 17,230 shares of the company’s stock valued at $5,717,000 after purchasing an additional 1,219 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on CPAY. Morgan Stanley dropped their price objective on Corpay from $360.00 to $356.00 and set an “equal weight” rating on the stock in a research note on Monday, August 11th. Raymond James Financial set a $392.00 price target on shares of Corpay and gave the stock an “outperform” rating in a research report on Thursday, August 7th. Weiss Ratings restated a “buy (b-)” rating on shares of Corpay in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Finally, Royal Bank Of Canada increased their target price on shares of Corpay from $336.00 to $344.00 and gave the company a “sector perform” rating in a research note on Thursday. Ten investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $379.71.

Corpay Stock Performance

Corpay stock opened at $276.15 on Friday. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $400.81. The firm’s 50 day simple moving average is $291.81 and its 200-day simple moving average is $315.48. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.12 and a quick ratio of 1.12. The company has a market cap of $19.50 billion, a P/E ratio of 18.76, a price-to-earnings-growth ratio of 1.02 and a beta of 0.95.

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

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.