Wilkins Investment Counsel Inc. Increases Stock Holdings in Corpay, Inc. $CPAY

Wilkins Investment Counsel Inc. lifted its position in shares of Corpay, Inc. (NYSE:CPAY) by 12.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 35,951 shares of the company’s stock after buying an additional 4,091 shares during the quarter. Corpay makes up about 1.5% of Wilkins Investment Counsel Inc.’s holdings, making the stock its 28th largest position. Wilkins Investment Counsel Inc.’s holdings in Corpay were worth $10,356,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. CVA Family Office LLC increased its holdings in Corpay by 56.7% during the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after acquiring an additional 34 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new stake in shares of Corpay in the second quarter valued at approximately $33,000. Ameritas Advisory Services LLC purchased a new position in shares of Corpay during the 2nd quarter worth approximately $37,000. Root Financial Partners LLC acquired a new position in shares of Corpay during the 3rd quarter worth approximately $40,000. Finally, Mather Group LLC. purchased a new stake in Corpay in the 3rd quarter valued at approximately $49,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Steven T. Stull purchased 8,000 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were bought at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the acquisition, the director directly owned 29,241 shares in the company, valued at $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. 5.04% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have weighed in on CPAY shares. Royal Bank Of Canada raised 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. Keefe, Bruyette & Woods dropped their price objective on Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Jefferies Financial Group restated a “buy” rating on shares of Corpay in a report on Monday, November 3rd. Wall Street Zen cut shares of Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a research report on Thursday, November 6th. Seven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $366.25.

Corpay Stock Performance

NYSE CPAY opened at $316.59 on Thursday. The business’s 50-day moving average price is $305.51 and its 200 day moving average price is $305.55. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $400.81. The company has a market capitalization of $22.15 billion, a PE ratio of 21.49, a price-to-earnings-growth ratio of 0.94 and a beta of 0.84. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.41.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $5.70 EPS for the quarter, beating the consensus estimate of $5.63 by $0.07. Corpay had a return on equity of 37.83% and a net margin of 24.37%.The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the previous year, the business earned $5.00 EPS. The firm’s revenue was up 13.9% on a year-over-year basis. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, research analysts predict 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.