NEOS Investment Management LLC Increases Stake in Corpay, Inc $CPAY

NEOS Investment Management LLC boosted its position in Corpay, Inc (NYSE:CPAY) by 14.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,921 shares of the corporate payments company’s stock after purchasing an additional 1,390 shares during the period. NEOS Investment Management LLC’s holdings in Corpay were worth $3,640,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Integrated Wealth Concepts LLC purchased a new stake in shares of Corpay in the first quarter valued at approximately $207,000. Woodline Partners LP increased its position in Corpay by 39.3% during the 1st quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock valued at $2,054,000 after buying an additional 1,661 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Corpay by 30.4% during the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock valued at $1,165,000 after acquiring an additional 778 shares in the last quarter. Marshall Wace LLP lifted its stake in shares of Corpay by 128.6% during the second quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock worth $531,000 after buying an additional 900 shares during the period. Finally, Brown Advisory Inc. raised its stake in Corpay by 16.0% in the 2nd quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock worth $554,000 after acquiring an additional 230 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Corpay Stock Down 0.1%

CPAY stock opened at $416.09 on Monday. Corpay, Inc has a fifty-two week low of $252.84 and a fifty-two week high of $427.46. The company’s 50 day moving average price is $386.15 and its 200 day moving average price is $349.20. 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 firm has a market capitalization of $27.32 billion, a price-to-earnings ratio of 25.33, a PEG ratio of 1.14 and a beta of 0.87.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 earnings per share for the quarter, beating analysts’ consensus estimates of $6.58 by $0.42. The business had revenue of $1.34 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the business 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 research analysts anticipate that Corpay, Inc will post 25.75 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on CPAY. Robert W. Baird set a $475.00 price objective on shares of Corpay in a research note on Thursday, August 6th. Scotiabank set a $536.00 price target on Corpay and gave the stock an “outperform” rating in a research report on Wednesday. Keefe, Bruyette & Woods lifted their target price on shares of Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Wolfe Research upped their price objective on shares of Corpay from $475.00 to $530.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Finally, JPMorgan Chase & Co. raised their price target on shares of Corpay from $400.00 to $470.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $438.93.

Insider Buying and Selling at Corpay

In other Corpay news, CEO Ronald Clarke sold 119,486 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 2,354,330 shares of the company’s stock, valued at approximately $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Armando Netto sold 70,476 shares of Corpay stock in a transaction on Monday, June 15th. The stock was sold at an average price of $352.13, for a total transaction of $24,816,713.88. Following the sale, the insider owned 11,274 shares in the company, valued at $3,969,913.62. This represents a 86.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 291,336 shares of company stock worth $116,212,228 over the last three months. Insiders own 5.19% of the company’s stock.

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.