Generate Investment Management Ltd Purchases 24,751 Shares of Corpay, Inc. $CPAY

Generate Investment Management Ltd lifted its position in Corpay, Inc. (NYSE:CPAY) by 49.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 75,000 shares of the company’s stock after purchasing an additional 24,751 shares during the quarter. Generate Investment Management Ltd’s holdings in Corpay were worth $21,604,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Vanguard Group Inc. raised its stake in shares of Corpay by 3.2% during the second quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock worth $2,695,851,000 after acquiring an additional 251,651 shares in the last quarter. Orbis Allan Gray Ltd boosted its holdings in Corpay by 3.3% in the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after acquiring an additional 124,368 shares in the last quarter. Boston Partners increased its position in shares of Corpay by 5.8% during the second quarter. Boston Partners now owns 2,289,271 shares of the company’s stock valued at $758,536,000 after buying an additional 125,331 shares during the period. Invesco Ltd. raised its position in shares of Corpay by 4.4% in the 2nd quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock worth $656,649,000 after acquiring an additional 84,198 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in Corpay by 3.5% in the second quarter. Geode Capital Management LLC now owns 1,871,511 shares of the company’s stock worth $619,643,000 after purchasing an additional 63,287 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on CPAY. UBS Group lowered their price target on Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Keefe, Bruyette & Woods cut their price objective on Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a report on Wednesday, October 1st. Weiss Ratings reissued a “hold (c+)” rating on shares of Corpay in a research report on Monday. Oppenheimer upgraded Corpay from a “market perform” rating to an “outperform” rating and set a $380.00 price objective for the company in a research note on Friday, December 5th. Finally, Royal Bank Of Canada increased their price target on Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 6th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Corpay currently has an average rating of “Moderate Buy” and an average target price of $375.43.

Corpay Trading Down 1.2%

Shares of NYSE:CPAY opened at $305.15 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 1.41. The company has a market capitalization of $21.35 billion, a PE ratio of 20.72, a P/E/G ratio of 1.09 and a beta of 0.84. The business’s fifty day simple moving average is $291.66 and its 200-day simple moving average is $306.48. Corpay, Inc. has a 12-month low of $252.84 and a 12-month high of $400.81.

Corpay (NYSE:CPAY) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, topping the consensus estimate of $5.63 by $0.07. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Corpay had a return on equity of 37.83% and a net margin of 24.37%.The company’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the company earned $5.00 earnings per share. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. As a group, equities research analysts predict that Corpay, Inc. will post 19.76 earnings per share for the current fiscal year.

About Corpay

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.