Corpay (NYSE:CPAY) Reaches New 12-Month High on Analyst Upgrade

Corpay, Inc (NYSE:CPAY) shares reached a new 52-week high during trading on Tuesday after Cantor Fitzgerald raised their price target on the stock from $415.00 to $480.00. Cantor Fitzgerald currently has an overweight rating on the stock. Corpay traded as high as $407.71 and last traded at $406.8220, with a volume of 67996 shares trading hands. The stock had previously closed at $400.88.

Several other equities analysts have also recently weighed in on CPAY. Weiss Ratings reiterated a “buy (b-)” rating on shares of Corpay in a report on Friday, July 24th. UBS Group increased their price objective on shares of Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a research report on Thursday. Keefe, Bruyette & Woods boosted their price objective on shares of Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Wolfe Research reiterated an “outperform” rating and set a $475.00 target price on shares of Corpay in a report on Thursday, August 6th. Finally, Raymond James Financial restated an “outperform” rating and issued a $442.00 price target on shares of Corpay in a report on Thursday, August 6th. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $426.08.

Insider Transactions at Corpay

In related news, Director Steven T. Stull sold 1,000 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total transaction of $360,780.00. Following the sale, the director owned 28,241 shares in the company, valued at approximately $10,188,787.98. This represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Armando Lins Netto sold 70,476 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $352.13, for a total value of $24,816,713.88. Following the transaction, the insider directly owned 11,274 shares of the company’s stock, valued at $3,969,913.62. This trade represents a 86.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 88,677 shares of company stock worth $31,304,091. 5.19% of the stock is owned by company insiders.

Institutional Trading of Corpay

Large investors have recently added to or reduced their stakes in the company. HB Wealth Management LLC raised its holdings in shares of Corpay by 1.9% in the 4th 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 period. KBC Group NV raised its stake in Corpay by 0.4% in the fourth quarter. KBC Group NV now owns 9,318 shares of the corporate payments company’s stock valued at $2,804,000 after buying an additional 36 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in Corpay by 4.4% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 883 shares of the corporate payments company’s stock valued at $254,000 after buying an additional 37 shares during the period. Harbour Investments Inc. lifted its position in shares of Corpay by 35.5% in the fourth quarter. Harbour Investments Inc. now owns 149 shares of the corporate payments company’s stock valued at $45,000 after buying an additional 39 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake 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 acquiring an additional 39 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Price Performance

The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.98 and a current ratio of 0.97. The firm has a market capitalization of $26.65 billion, a price-to-earnings ratio of 24.80, a price-to-earnings-growth ratio of 1.09 and a beta of 0.87. The business has a fifty day moving average of $359.52 and a two-hundred day moving average of $338.81.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter last year, the firm posted $5.13 EPS. The company’s quarterly revenue 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. As a group, research analysts predict that Corpay, Inc will post 25.49 EPS for the current fiscal year.

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.