Key Points
- Director Steven Stull sold 4,000 Corpay shares at an average price of $410.66, generating $1.64 million and reducing his direct holdings by 14.49% to 23,598 shares.
- Corpay reported strong quarterly results, with EPS of $7.00 beating estimates by $0.42 and revenue of $1.34 billion rising 21.5% year over year. The company issued third-quarter EPS guidance of $7.05–$7.25 and full-year guidance of $27.15–$27.55.
- Analysts maintain a favorable outlook, with a consensus “Moderate Buy” rating and an average price target of $426.08; institutional investors own 98.84% of Corpay’s stock.
Corpay, Inc (NYSE:CPAY - Get Free Report) Director Steven Stull sold 643 shares of the company's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $410.68, for a total transaction of $264,067.24. Following the sale, the director directly owned 27,598 shares in the company, valued at $11,333,946.64. This represents a 2.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Corpay Trading Up 1.4%
Shares of CPAY opened at $412.75 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market cap of $27.10 billion, a price-to-earnings ratio of 25.12, a PEG ratio of 1.12 and a beta of 0.87. The stock has a fifty day moving average price of $371.71 and a two-hundred day moving average price of $342.63. Corpay, Inc has a 52-week low of $252.84 and a 52-week high of $425.95.
Corpay (NYSE:CPAY - Get Free Report) last announced its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, topping the consensus estimate of $6.58 by $0.42. Corpay had a return on equity of 42.18% and a net margin of 22.72%.The company had revenue of $1.34 billion for the quarter, compared to analysts' expectations of $1.30 billion. During the same quarter in the prior year, the business earned $5.13 earnings per share. The business's revenue for the quarter was up 21.5% on a year-over-year basis. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Analysts predict that Corpay, Inc will post 25.75 EPS for the current fiscal year.
Analyst Ratings Changes
A number of brokerages have recently issued reports on CPAY. Morgan Stanley set a $455.00 target price on shares of Corpay in a research report on Friday, August 7th. UBS Group upped their price objective on Corpay from $385.00 to $415.00 and gave the stock a "neutral" rating in a report on Thursday, August 6th. Wall Street Zen lowered Corpay from a "buy" rating to a "hold" rating in a research report on Saturday, August 15th. Keefe, Bruyette & Woods boosted their target price on Corpay from $400.00 to $470.00 and gave the stock an "outperform" rating in a research report on Thursday, August 6th. Finally, Robert W. Baird set a $475.00 price target on Corpay in a research note on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $426.08.
Check Out Our Latest Research Report on Corpay
Institutional Trading of Corpay
A number of institutional investors have recently bought and sold shares of CPAY. HB Wealth Management LLC increased its holdings in Corpay by 1.9% in the fourth quarter. HB Wealth Management LLC now owns 1,741 shares of the corporate payments company's stock valued at $524,000 after purchasing an additional 33 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in Corpay by 4.4% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the corporate payments company's stock worth $254,000 after buying an additional 37 shares during the last quarter. Thrivent Financial for Lutherans grew its position in shares of Corpay by 1.4% during the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the corporate payments company's stock worth $919,000 after buying an additional 39 shares during the period. Harbour Investments Inc. grew its position in shares of Corpay by 35.5% during the 4th quarter. Harbour Investments Inc. now owns 149 shares of the corporate payments company's stock worth $45,000 after buying an additional 39 shares during the period. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Corpay by 1.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 4,043 shares of the corporate payments company's stock valued at $1,176,000 after acquiring an additional 41 shares during the last quarter. Institutional investors and hedge funds own 98.84% of the company's stock.
About Corpay
(
Get Free Report)
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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