Allspring Global Investments Holdings LLC Has $7.93 Million Stock Position in Corpay, Inc. $CPAY

Allspring Global Investments Holdings LLC lowered its holdings in shares of Corpay, Inc. (NYSE:CPAY) by 5.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 27,671 shares of the company’s stock after selling 1,636 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Corpay were worth $7,925,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Corpay by 54.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,590 shares of the company’s stock valued at $3,693,000 after acquiring an additional 3,739 shares in the last quarter. Nordea Investment Management AB grew 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 in the last quarter. Peak Financial Advisors LLC bought a new position in shares of Corpay in the second quarter worth approximately $2,518,000. Czech National Bank raised its stake 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 in the last quarter. Finally, Capital Impact Advisors LLC purchased a new stake in Corpay in the first quarter valued at approximately $8,177,000. Institutional investors own 98.84% of the company’s stock.

Corpay Stock Up 2.8%

CPAY stock opened at $317.24 on Wednesday. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $400.81. The company has a market capitalization of $22.19 billion, a price-to-earnings ratio of 21.54, a price-to-earnings-growth ratio of 0.94 and a beta of 0.84. The business’s 50 day moving average price is $293.78 and its two-hundred day moving average price is $305.93. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13.

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

Analyst Ratings Changes

CPAY has been the topic of a number of research reports. Jefferies Financial Group restated a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Royal Bank Of Canada increased their price target on shares of Corpay from $336.00 to $344.00 and gave the company a “sector perform” rating in a research report on Thursday, November 6th. UBS Group lowered their price objective 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Corpay in a research note on Monday, December 29th. Finally, Keefe, Bruyette & Woods reduced their target price on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a report on Wednesday, October 1st. Nine analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $375.43.

Insider Transactions at Corpay

In other news, Director Steven T. Stull acquired 8,000 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were bought at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the transaction, the director owned 29,241 shares of the company’s stock, valued at $9,210,330.18. This trade represents a 37.66% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 5.04% of the company’s stock.

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.