Corpay (NYSE:CPAY) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Corpay (NYSE:CPAY) from a hold rating to a buy rating in a report released on Saturday,Wall Street Zen reports.

CPAY has been the topic of several other research reports. Royal Bank Of Canada upped their price objective on shares of Corpay from $363.00 to $423.00 and gave the stock a “sector perform” rating in a report on Thursday, August 6th. Cantor Fitzgerald raised their target price on shares of Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Oppenheimer reiterated an “outperform” rating and set a $388.00 target price on shares of Corpay in a report on Friday, May 8th. Keefe, Bruyette & Woods boosted their price target on Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Corpay in a research note on Friday, July 24th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Corpay currently has an average rating of “Moderate Buy” and an average target price of $431.46.

Corpay Stock Performance

Shares of Corpay stock opened at $405.23 on Friday. Corpay has a 12 month low of $252.84 and a 12 month high of $425.95. The firm has a market capitalization of $26.61 billion, a P/E ratio of 24.66, a P/E/G ratio of 1.12 and a beta of 0.87. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. The business has a fifty day simple moving average of $381.33 and a two-hundred day simple moving average of $346.68.

Corpay (NYSE:CPAY) last released its earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The company’s revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $5.13 EPS. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. On average, equities analysts forecast that Corpay will post 25.75 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Corpay news, CEO Ronald Clarke sold 119,486 shares of Corpay stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total value of $49,276,026.40. Following the completion of the transaction, the chief executive officer directly owned 2,354,330 shares of the company’s stock, valued at approximately $970,925,692. The trade was a 4.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Steven T. Stull sold 4,000 shares of Corpay stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the completion of the transaction, the director directly owned 23,598 shares of the company’s stock, valued at $9,690,754.68. This trade represents a 14.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 291,336 shares of company stock worth $116,212,228 in the last quarter. Corporate insiders own 5.19% of the company’s stock.

Institutional Investors Weigh In On Corpay

Institutional investors have recently made changes to their positions in the company. Empowered Funds LLC increased its holdings in shares of Corpay by 141.3% in the 1st quarter. Empowered Funds LLC now owns 5,490 shares of the corporate payments company’s stock worth $1,598,000 after purchasing an additional 3,215 shares in the last quarter. Moran Wealth Management LLC raised its stake in shares of Corpay by 77.9% in the first quarter. Moran Wealth Management LLC now owns 37,869 shares of the corporate payments company’s stock worth $11,020,000 after purchasing an additional 16,586 shares during the last quarter. Procyon Advisors LLC lifted its holdings in shares of Corpay by 78.0% during the first quarter. Procyon Advisors LLC now owns 6,357 shares of the corporate payments company’s stock valued at $1,850,000 after purchasing an additional 2,786 shares in the last quarter. Louisiana State Employees Retirement System bought a new position in shares of Corpay during the first quarter valued at $1,048,000. Finally, Anchor Capital Advisors LLC boosted its position in shares of Corpay by 6.9% during the fourth quarter. Anchor Capital Advisors LLC now owns 124,731 shares of the corporate payments company’s stock valued at $37,535,000 after buying an additional 8,094 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Corpay Company 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.