17 Capital Partners LLC Purchases 415 Shares of Corpay, Inc. $CPAY

17 Capital Partners LLC raised its position in Corpay, Inc. (NYSE:CPAY) by 29.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,807 shares of the company’s stock after purchasing an additional 415 shares during the quarter. 17 Capital Partners LLC’s holdings in Corpay were worth $600,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Corpay by 54.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,590 shares of the company’s stock worth $3,693,000 after acquiring an additional 3,739 shares during the last quarter. Nordea Investment Management AB lifted its holdings in shares of Corpay by 50.1% during the second quarter. Nordea Investment Management AB now owns 20,297 shares of the company’s stock worth $6,670,000 after purchasing an additional 6,775 shares during the period. Peak Financial Advisors LLC bought a new stake in shares of Corpay in the second quarter worth $2,518,000. Czech National Bank increased its holdings in Corpay by 7.6% in the second quarter. Czech National Bank now owns 17,230 shares of the company’s stock valued at $5,717,000 after purchasing an additional 1,219 shares during the period. Finally, Capital Impact Advisors LLC bought a new position in Corpay during the 1st quarter worth $8,177,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on CPAY shares. Keefe, Bruyette & Woods reduced their price target on Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 1st. Jefferies Financial Group reiterated a “buy” rating on shares of Corpay in a report on Monday, November 3rd. UBS Group lowered their price target on shares of Corpay from $340.00 to $315.00 and set a “neutral” rating for the company in a report on Thursday, November 6th. Royal Bank Of Canada upped their price objective on shares of Corpay from $336.00 to $344.00 and gave the company a “sector perform” rating in a research note on Thursday, November 6th. Finally, JPMorgan Chase & Co. decreased 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. Nine analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $379.71.

Corpay Price Performance

Corpay stock opened at $276.30 on Thursday. The stock has a market capitalization of $19.33 billion, a price-to-earnings ratio of 18.77, a PEG ratio of 1.02 and a beta of 0.95. Corpay, Inc. has a 52-week low of $252.84 and a 52-week high of $400.81. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.12 and a current ratio of 1.12. The stock’s 50 day moving average price is $286.09 and its two-hundred day moving average price is $313.18.

Corpay (NYSE:CPAY) last released its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, beating the consensus estimate of $5.63 by $0.07. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Corpay had a net margin of 25.17% and a return on equity of 39.13%. Corpay’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, equities analysts predict that Corpay, Inc. will post 19.76 earnings per share for the current year.

Corpay Profile

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.