Corpay, Inc. $CPAY Shares Bought by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. grew its position in shares of Corpay, Inc. (NYSE:CPAYFree Report) by 33.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 7,682 shares of the company’s stock after buying an additional 1,909 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in Corpay were worth $2,213,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Atria Wealth Solutions Inc. grew its stake in Corpay by 4.7% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 695 shares of the company’s stock worth $231,000 after buying an additional 31 shares during the last quarter. CVA Family Office LLC boosted 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 acquiring an additional 34 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Corpay by 4.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 846 shares of the company’s stock worth $281,000 after acquiring an additional 39 shares during the last quarter. Thrivent Financial for Lutherans increased its holdings in shares of Corpay by 1.4% in the 2nd quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock valued at $919,000 after acquiring an additional 39 shares during the period. Finally, Blue Trust Inc. raised its position in Corpay by 19.4% in the 2nd quarter. Blue Trust Inc. now owns 246 shares of the company’s stock valued at $82,000 after purchasing an additional 40 shares during the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Corpay

In other Corpay news, CAO Alissa B. Vickery sold 1,701 shares of the firm’s stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $358.65, for a total value of $610,063.65. Following the completion of the sale, the chief accounting officer owned 2,180 shares of the company’s stock, valued at approximately $781,857. This trade represents a 43.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Steven T. Stull bought 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 completion of the transaction, the director directly owned 29,241 shares in the company, valued at approximately $9,210,330.18. This represents a 37.66% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 5.04% of the company’s stock.

Corpay Trading Down 7.2%

NYSE CPAY opened at $321.56 on Friday. The company has a quick ratio of 1.13, a current ratio of 0.98 and a debt-to-equity ratio of 1.70. The stock has a market capitalization of $22.50 billion, a P/E ratio of 21.38, a P/E/G ratio of 1.00 and a beta of 0.82. Corpay, Inc. has a 52-week low of $252.84 and a 52-week high of $386.88. The firm has a 50-day moving average price of $317.68 and a 200 day moving average price of $305.04.

Corpay (NYSE:CPAYGet Free Report) last issued its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.93 by $0.11. The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The company’s revenue for the quarter was up 20.7% on a year-over-year basis. During the same period in the prior year, the business posted $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. Equities research analysts expect that Corpay, Inc. will post 19.76 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on CPAY shares. Williams Trading set a $300.00 price objective on shares of Corpay in a research report on Monday, November 3rd. Oppenheimer reissued an “outperform” rating and set a $378.00 price target on shares of Corpay in a report on Thursday, February 5th. Mizuho boosted their price target on Corpay from $320.00 to $340.00 and gave the company a “neutral” rating in a research report on Friday, February 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Finally, Scotiabank raised Corpay to a “sector outperform” rating in a report on Monday, January 26th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $379.79.

Get Our Latest Analysis on Corpay

Corpay Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding CPAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corpay, Inc. (NYSE:CPAYFree Report).

Institutional Ownership by Quarter for Corpay (NYSE:CPAY)

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