Corient Private Wealth LLC Sells 4,829 Shares of Corpay, Inc. $CPAY

Corient Private Wealth LLC reduced its stake in shares of Corpay, Inc. (NYSE:CPAY) by 6.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 73,145 shares of the company’s stock after selling 4,829 shares during the period. Corient Private Wealth LLC owned about 0.10% of Corpay worth $24,271,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of CPAY. Thrivent Financial for Lutherans grew its holdings in Corpay by 1.4% during the second quarter. Thrivent Financial for Lutherans now owns 2,771 shares of the company’s stock valued at $919,000 after purchasing an additional 39 shares during the period. Capital Impact Advisors LLC lifted its position in shares of Corpay by 1.9% during the 2nd quarter. Capital Impact Advisors LLC now owns 23,905 shares of the company’s stock valued at $8,010,000 after buying an additional 455 shares during the last quarter. Kestra Investment Management LLC lifted its position in shares of Corpay by 55,800.0% during the 2nd quarter. Kestra Investment Management LLC now owns 3,354 shares of the company’s stock valued at $1,113,000 after buying an additional 3,348 shares during the last quarter. CYBER HORNET ETFs LLC bought a new position in shares of Corpay during the 2nd quarter worth $63,000. Finally, Parr Mcknight Wealth Management Group LLC grew its stake in shares of Corpay by 3.5% during the 2nd quarter. Parr Mcknight Wealth Management Group LLC now owns 3,867 shares of the company’s stock worth $1,283,000 after acquiring an additional 131 shares during the period. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on CPAY. Williams Trading set a $300.00 price objective 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 on the stock in a research report on Thursday, November 6th. JPMorgan Chase & Co. dropped their price target on shares of Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Jefferies Financial Group reiterated a “buy” rating on shares of Corpay in a research note on Monday, November 3rd. Finally, Keefe, Bruyette & Woods dropped their target price on Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 1st. Nine investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $375.43.

Corpay Price Performance

Shares of NYSE:CPAY opened at $308.75 on Thursday. The company has a 50 day moving average of $287.27 and a 200 day moving average of $308.35. 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 stock has a market cap of $21.60 billion, a P/E ratio of 20.96, a P/E/G ratio of 1.10 and a beta of 0.85. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $400.81.

Corpay (NYSE:CPAY) last announced 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. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period last year, the firm earned $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. As a group, sell-side analysts forecast that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

About Corpay

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.