Intech Investment Management LLC Increases Stake in Corpay, Inc. $CPAY

Intech Investment Management LLC lifted its position in Corpay, Inc. (NYSE:CPAY) by 51.3% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 4,773 shares of the company’s stock after buying an additional 1,619 shares during the period. Intech Investment Management LLC’s holdings in Corpay were worth $1,375,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd raised its holdings in shares of Corpay by 1,513.1% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 25,891 shares of the company’s stock valued at $7,458,000 after purchasing an additional 24,286 shares in the last quarter. Hussman Strategic Advisors Inc. boosted its stake in shares of Corpay by 100.0% during the third quarter. Hussman Strategic Advisors Inc. now owns 8,400 shares of the company’s stock valued at $2,420,000 after purchasing an additional 4,200 shares in the last quarter. Hendershot Investments Inc. boosted its stake in shares of Corpay by 11.8% during the second quarter. Hendershot Investments Inc. now owns 37,651 shares of the company’s stock valued at $12,493,000 after purchasing an additional 3,970 shares in the last quarter. Kestra Investment Management LLC increased its holdings in Corpay by 55,800.0% during the second quarter. Kestra Investment Management LLC now owns 3,354 shares of the company’s stock valued at $1,113,000 after buying an additional 3,348 shares during the period. Finally, Anchor Capital Advisors LLC increased its holdings in Corpay by 27.3% during the third quarter. Anchor Capital Advisors LLC now owns 116,637 shares of the company’s stock valued at $33,598,000 after buying an additional 25,047 shares during the period. 98.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CPAY. Wall Street Zen upgraded Corpay from a “hold” rating to a “buy” rating in a report on Saturday. Oppenheimer reissued an “outperform” rating and issued a $378.00 price target on shares of Corpay in a research report on Thursday, February 5th. Morgan Stanley upped their price objective on Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. Cantor Fitzgerald raised their price objective on Corpay from $385.00 to $415.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Finally, Royal Bank Of Canada lifted their target price on Corpay from $344.00 to $363.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $377.57.

Insider Activity

In other Corpay news, Director Steven T. Stull purchased 8,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were acquired at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the completion of the purchase, the director owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Alissa B. Vickery sold 1,701 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the transaction, the chief accounting officer owned 2,180 shares in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their position. The SEC filing for this sale provides additional information. 5.04% of the stock is currently owned by company insiders.

Corpay Stock Performance

Shares of CPAY stock opened at $314.57 on Friday. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $361.99. The business’s fifty day simple moving average is $325.63 and its 200-day simple moving average is $306.97. The company has a current ratio of 0.98, a quick ratio of 1.13 and a debt-to-equity ratio of 1.70. The company has a market cap of $22.01 billion, a PE ratio of 20.92, a PEG ratio of 0.94 and a beta of 0.80.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share for the quarter, topping the consensus estimate of $5.93 by $0.11. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The firm had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the business earned $5.36 EPS. The firm’s revenue for the quarter was up 20.7% on a year-over-year basis. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Analysts expect that Corpay, Inc. will post 19.76 earnings per share for the current fiscal year.

Corpay Profile

Corpay (NYSE:CPAY) is a global payments and fintech company that provides businesses with tools to manage, move and optimize corporate spend. The company focuses on commercial payments, foreign exchange and cross-border transactions, aiming to simplify treasury operations and reduce friction in business-to-business payments through technology-driven solutions.

Its product offering includes payment processing and accounts payable automation, corporate and virtual card programs, expense management tools, and foreign-exchange hedging and execution services for international payments.