Corpay, Inc $CPAY is Vantage Investment Partners LLC’s 8th Largest Position

Vantage Investment Partners LLC increased its holdings in Corpay, Inc (NYSE:CPAY) by 2.7% during the 1st quarter, Holdings Channel reports. The firm owned 171,571 shares of the corporate payments company’s stock after buying an additional 4,577 shares during the period. Corpay makes up approximately 3.4% of Vantage Investment Partners LLC’s investment portfolio, making the stock its 8th biggest position. Vantage Investment Partners LLC’s holdings in Corpay were worth $49,925,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of CPAY. HB Wealth Management LLC grew its position 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 worth $524,000 after buying an additional 33 shares during the last quarter. KBC Group NV raised its holdings in shares of Corpay by 0.4% during the fourth quarter. KBC Group NV now owns 9,318 shares of the corporate payments company’s stock valued at $2,804,000 after acquiring an additional 36 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted 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 worth $254,000 after acquiring an additional 37 shares during the period. Harbour Investments Inc. lifted its stake in Corpay by 35.5% in the fourth quarter. Harbour Investments Inc. now owns 149 shares of the corporate payments company’s stock worth $45,000 after acquiring an additional 39 shares during the period. Finally, Thrivent Financial for Lutherans boosted its holdings in Corpay by 1.4% in the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the corporate payments company’s stock valued at $919,000 after acquiring an additional 39 shares in the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Corpay Stock Up 0.8%

Shares of NYSE CPAY traded up $2.70 on Friday, reaching $353.86. 419,700 shares of the company’s stock traded hands, compared to its average volume of 715,017. The business’s 50 day simple moving average is $348.23 and its two-hundred day simple moving average is $330.32. Corpay, Inc has a 12 month low of $252.84 and a 12 month high of $367.43. The company has a market cap of $23.13 billion, a price-to-earnings ratio of 21.18, a price-to-earnings-growth ratio of 0.97 and a beta of 0.88. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.86.

Corpay (NYSE:CPAY) last issued its quarterly earnings results on Thursday, May 14th. The corporate payments company reported ($0.01) EPS for the quarter. The company had revenue of $5.63 million during the quarter. Corpay had a return on equity of 38.68% and a net margin of 24.60%. As a group, equities research analysts forecast that Corpay, Inc will post 25.49 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CPAY. Morgan Stanley reissued an “overweight” rating and set a $400.00 price objective on shares of Corpay in a research report on Sunday, May 10th. Robert W. Baird cut their target price on shares of Corpay from $440.00 to $380.00 and set an “outperform” rating on the stock in a research note on Tuesday, March 31st. Weiss Ratings upgraded shares of Corpay from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, April 27th. Wolfe Research reissued an “outperform” rating and issued a $450.00 target price on shares of Corpay in a research report on Wednesday, June 3rd. Finally, Oppenheimer restated an “outperform” rating and set a $388.00 target price on shares of Corpay in a report on Friday, May 8th. Thirteen equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Corpay presently has a consensus rating of “Moderate Buy” and a consensus target price of $383.07.

Insiders Place Their Bets

In other news, Director Steven T. Stull sold 1,000 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $360.78, for a total transaction of $360,780.00. Following the completion of the transaction, the director directly owned 28,241 shares in the company, valued at $10,188,787.98. This trade represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Armando Lins Netto sold 70,476 shares of Corpay stock in a transaction dated 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 directly owned 11,274 shares of the company’s stock, valued at approximately $3,969,913.62. This represents a 86.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 88,677 shares of company stock valued at $31,304,091 in the last quarter. 5.19% of the stock is owned by company insiders.

Corpay Profile

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.