Dynasty Wealth Management LLC trimmed its stake in Corpay, Inc. (NYSE:CPAY – Free Report) by 39.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,770 shares of the company’s stock after selling 2,469 shares during the period. Dynasty Wealth Management LLC’s holdings in Corpay were worth $1,086,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new stake in shares of Corpay in the 3rd quarter valued at $40,000. Arkadios Wealth Advisors bought a new position in Corpay during the 3rd quarter valued at about $233,000. Allstate Corp bought a new position in Corpay during the 3rd quarter valued at about $675,000. Inspire Advisors LLC grew its stake in Corpay by 10.2% during the third quarter. Inspire Advisors LLC now owns 1,746 shares of the company’s stock worth $503,000 after buying an additional 161 shares during the last quarter. Finally, Quantum Portfolio Management LLC increased its holdings in shares of Corpay by 45.1% during the third quarter. Quantum Portfolio Management LLC now owns 2,131 shares of the company’s stock worth $614,000 after buying an additional 662 shares in the last quarter. 98.84% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other Corpay news, Director Steven T. Stull acquired 8,000 shares of Corpay stock in a transaction on Friday, December 12th. The shares were purchased at an average cost of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the purchase, the director owned 29,241 shares in the company, valued at $9,210,330.18. The trade was a 37.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.04% of the stock is owned by corporate insiders.
Corpay Price Performance
Corpay (NYSE:CPAY – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, topping the consensus estimate of $5.63 by $0.07. The firm had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Corpay had a return on equity of 37.83% and a net margin of 24.37%.The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the previous year, the business posted $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. As a group, research analysts anticipate that Corpay, Inc. will post 19.76 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. JPMorgan Chase & Co. decreased their target price on Corpay from $400.00 to $350.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Williams Trading set a $300.00 target price on Corpay in a research note on Monday, November 3rd. Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Finally, Keefe, Bruyette & Woods lowered their price objective on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research report on Wednesday, October 1st. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $366.25.
Check Out Our Latest Stock Analysis on Corpay
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.
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