Oak Thistle LLC Purchases New Position in Corpay, Inc. $CPAY

Oak Thistle LLC purchased a new stake in shares of Corpay, Inc. (NYSE:CPAY) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 2,492 shares of the company’s stock, valued at approximately $718,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of CPAY. CVA Family Office LLC grew its holdings in shares of Corpay by 56.7% in the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after purchasing an additional 34 shares in the last quarter. Hazlett Burt & Watson Inc. bought a new position in Corpay during the second quarter valued at $33,000. Ameritas Advisory Services LLC purchased a new position in shares of Corpay in the 2nd quarter worth $37,000. CYBER HORNET ETFs LLC purchased a new position in shares of Corpay in the 2nd quarter worth $63,000. Finally, MUFG Securities EMEA plc bought a new stake in shares of Corpay in the 2nd quarter worth about $68,000. 98.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on CPAY. Royal Bank Of Canada lifted their price target on Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 6th. JPMorgan Chase & Co. lowered their price objective on Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Oppenheimer raised Corpay from a “market perform” rating to an “outperform” rating and set a $380.00 target price on the stock in a research report on Friday, December 5th. Williams Trading set a $300.00 price target on Corpay in a report on Monday, November 3rd. Finally, Keefe, Bruyette & Woods lowered their price target on Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Nine equities research 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.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $375.43.

Corpay Trading Up 1.1%

Shares of NYSE CPAY opened at $309.74 on Friday. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13. The business’s 50 day moving average price is $288.18 and its 200-day moving average price is $308.25. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $400.81. The company has a market cap of $21.67 billion, a price-to-earnings ratio of 21.03, a PEG ratio of 1.08 and a beta of 0.85.

Corpay (NYSE:CPAY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.63 by $0.07. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Corpay had a return on equity of 37.83% and a net margin of 24.37%.Corpay’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, sell-side analysts expect that Corpay, Inc. will post 19.76 earnings per share for the current 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.