1,398 Corpay, Inc $CPAY Shares Acquired by Quadrant Capital Group LLC

Quadrant Capital Group LLC raised its position in shares of Corpay, Inc (NYSE:CPAY) by 42.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,722 shares of the corporate payments company’s stock after acquiring an additional 1,398 shares during the period. Quadrant Capital Group LLC’s holdings in Corpay were worth $1,849,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Bank of New York Mellon Corp bought a new position in shares of Corpay during the 2nd quarter valued at approximately $107,805,000. Hawk Ridge Capital Management LP increased its position in Corpay by 20.5% in the first quarter. Hawk Ridge Capital Management LP now owns 532,180 shares of the corporate payments company’s stock worth $154,859,000 after purchasing an additional 90,360 shares during the last quarter. SG Americas Securities LLC increased its position in Corpay by 211.2% in the first quarter. SG Americas Securities LLC now owns 75,549 shares of the corporate payments company’s stock worth $21,984,000 after purchasing an additional 51,273 shares during the last quarter. Spruce House Investment Management LLC increased its position in Corpay by 6.0% in the first quarter. Spruce House Investment Management LLC now owns 880,000 shares of the corporate payments company’s stock worth $256,071,000 after purchasing an additional 50,000 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its stake in Corpay by 5,288.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 42,514 shares of the corporate payments company’s stock valued at $15,122,000 after purchasing an additional 41,725 shares in the last quarter. 98.84% of the stock is currently owned by institutional investors.

Corpay Stock Performance

NYSE CPAY opened at $415.17 on Friday. The company has a market cap of $27.26 billion, a P/E ratio of 25.27, a P/E/G ratio of 1.12 and a beta of 0.89. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.97 and a current ratio of 0.97. The business’s 50 day moving average price is $404.78 and its 200-day moving average price is $371.28. Corpay, Inc has a fifty-two week low of $252.84 and a fifty-two week high of $427.46.

Corpay (NYSE:CPAY) last issued its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.58 by $0.42. The company had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.30 billion. Corpay had a return on equity of 42.18% and a net margin of 22.72%. Corpay’s revenue was up 21.5% on a year-over-year basis. During the same period last year, the company earned $5.13 earnings per share. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Sell-side analysts predict that Corpay, Inc will post 25.79 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CPAY has been the subject of several research reports. Robert W. Baird set a $475.00 price objective on shares of Corpay in a research report on Thursday, August 6th. Morgan Stanley set a $455.00 target price on shares of Corpay in a report on Friday, August 7th. Scotiabank initiated coverage on shares of Corpay in a report on Wednesday, September 2nd. They issued an “outperform” rating and a $536.00 target price on the stock. Weiss Ratings upgraded shares of Corpay from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. Finally, Wall Street Zen raised shares of Corpay from a “hold” rating to a “buy” rating in a report on Sunday, September 6th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $438.93.

Insiders Place Their Bets

In other news, Director Steven Stull sold 4,000 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total value of $1,642,640.00. Following the sale, the director owned 23,598 shares of the company’s stock, valued at approximately $9,690,754.68. This represents a 14.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Ronald Clarke sold 119,486 shares of the stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the sale, the chief executive officer directly owned 2,354,330 shares in the company, valued at approximately $970,925,692. This represents a 4.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 220,860 shares of company stock worth $91,395,514 in the last quarter. Company insiders own 5.19% of the company’s stock.

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.