1,891 Shares in Corpay, Inc. $CPAY Acquired by First Horizon Corp

First Horizon Corp bought a new stake in Corpay, Inc. (NYSE:CPAY) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,891 shares of the company’s stock, valued at approximately $545,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. CVA Family Office LLC grew 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 purchasing an additional 34 shares during the period. Hazlett Burt & Watson Inc. acquired a new position in Corpay in the 2nd quarter valued at about $33,000. Ameritas Advisory Services LLC purchased a new stake in shares of Corpay in the 2nd quarter valued at approximately $37,000. Mather Group LLC. acquired a new stake in shares of Corpay during the 3rd quarter worth approximately $49,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in shares of Corpay during the 2nd quarter valued at approximately $63,000. 98.84% of the stock is owned by institutional investors and hedge funds.

Corpay Stock Performance

Shares of CPAY opened at $331.26 on Wednesday. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $400.81. The stock has a market capitalization of $23.17 billion, a PE ratio of 22.49, a PEG ratio of 1.00 and a beta of 0.84. The company has a debt-to-equity ratio of 1.41, a quick ratio of 1.13 and a current ratio of 1.13. The stock has a 50-day simple moving average of $300.53 and a 200-day simple moving average of $306.03.

Corpay (NYSE:CPAY) last issued its earnings results 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. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter last year, the company earned $5.00 earnings per share. The firm’s revenue was up 13.9% compared to the same quarter last year. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, analysts predict that Corpay, Inc. will post 19.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on CPAY. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a research report on Saturday, October 11th. Weiss Ratings restated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. 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 decreased their target price on Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Corpay currently has an average rating of “Moderate Buy” and an average target price of $366.25.

Insiders Place Their Bets

In other Corpay news, Director Steven T. Stull purchased 8,000 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was bought at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the acquisition, the director directly owned 29,241 shares of the company’s stock, valued at approximately $9,210,330.18. This represents a 37.66% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 5.04% of the stock is currently owned by corporate insiders.

Corpay Company 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.