Anchor Capital Advisors LLC Increases Stake in Corpay, Inc. $CPAY

Anchor Capital Advisors LLC increased its position in shares of Corpay, Inc. (NYSE:CPAY) by 27.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 116,637 shares of the company’s stock after purchasing an additional 25,047 shares during the period. Anchor Capital Advisors LLC owned approximately 0.17% of Corpay worth $33,598,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in CPAY. CVA Family Office LLC lifted its stake in Corpay by 56.7% in the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock worth $31,000 after purchasing an additional 34 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in shares of Corpay in the second quarter worth approximately $33,000. Ameritas Advisory Services LLC bought a new stake in shares of Corpay during the 2nd quarter worth approximately $37,000. Root Financial Partners LLC purchased a new position in Corpay during the 3rd quarter valued at $40,000. Finally, Mather Group LLC. purchased a new position in Corpay during the 3rd quarter valued at $49,000. 98.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CPAY shares. JPMorgan Chase & Co. reduced their target price on Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a research note on Thursday, November 6th. Williams Trading set a $300.00 price target on shares of Corpay in a report on Monday, November 3rd. UBS Group decreased 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. Jefferies Financial Group reissued a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Finally, Royal Bank Of Canada upped their target price on shares of Corpay from $336.00 to $344.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 6th. Seven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Corpay currently has an average rating of “Moderate Buy” and an average price target of $366.25.

Corpay Price Performance

Shares of CPAY opened at $305.75 on Wednesday. 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 company has a 50 day moving average price of $304.90 and a 200-day moving average price of $305.47. Corpay, Inc. has a fifty-two week low of $252.84 and a fifty-two week high of $400.81. The stock has a market capitalization of $21.39 billion, a PE ratio of 20.76, a PEG ratio of 0.98 and a beta of 0.84.

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

Insider Activity at Corpay

In related news, Director Steven T. Stull purchased 8,000 shares of Corpay stock in a transaction dated Friday, December 12th. The stock was purchased 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 in the company, valued at approximately $9,210,330.18. The trade was a 37.66% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 5.04% of the company’s stock.

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.