Corpay, Inc. $CPAY Shares Purchased by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its stake in Corpay, Inc. (NYSE:CPAY) by 3.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 76,770 shares of the company’s stock after acquiring an additional 2,529 shares during the period. Envestnet Asset Management Inc. owned 0.11% of Corpay worth $22,115,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in CPAY. Penserra Capital Management LLC lifted its holdings in shares of Corpay by 10.2% in the 3rd quarter. Penserra Capital Management LLC now owns 39,423 shares of the company’s stock worth $11,355,000 after purchasing an additional 3,653 shares during the last quarter. Callan Family Office LLC increased its position in Corpay by 41.5% in the third quarter. Callan Family Office LLC now owns 879 shares of the company’s stock worth $253,000 after buying an additional 258 shares during the period. Atlantic Union Bankshares Corp bought a new stake in Corpay in the third quarter valued at $288,000. State of Wyoming acquired a new position in shares of Corpay during the third quarter valued at $417,000. Finally, Hazlett Burt & Watson Inc. boosted its holdings in shares of Corpay by 100.0% during the third quarter. Hazlett Burt & Watson Inc. now owns 200 shares of the company’s stock valued at $58,000 after acquiring an additional 100 shares during the period. 98.84% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

CPAY has been the topic of several recent research reports. UBS Group lifted their price objective on shares of Corpay from $315.00 to $380.00 and gave the company a “neutral” rating in a research report on Tuesday. Scotiabank raised Corpay to a “sector outperform” rating in a report on Monday, January 26th. Cantor Fitzgerald boosted their price objective on Corpay from $385.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Jefferies Financial Group restated a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. Finally, Oppenheimer reiterated an “outperform” rating and set a $378.00 price target on shares of Corpay in a research report on Thursday, February 5th. Ten investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $379.79.

Corpay Stock Up 5.1%

Shares of NYSE:CPAY opened at $337.65 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 1.13 and a current ratio of 0.98. The company has a market cap of $23.62 billion, a PE ratio of 22.45, a price-to-earnings-growth ratio of 0.93 and a beta of 0.82. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $386.88. The firm has a 50 day simple moving average of $318.22 and a 200 day simple moving average of $305.06.

Corpay (NYSE:CPAY) last announced its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $5.93 by $0.11. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. Corpay had a net margin of 23.62% and a return on equity of 37.13%. The company’s revenue was up 20.7% on a year-over-year basis. During the same period in the previous year, the business earned $5.36 EPS. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. As a group, research analysts expect that Corpay, Inc. will post 19.76 earnings per share for the current year.

Insider Activity

In other Corpay news, Director Steven T. Stull acquired 8,000 shares of Corpay stock in a transaction that occurred on 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 purchase, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total value of $610,063.65. Following the transaction, the chief accounting officer directly owned 2,180 shares in the company, valued at approximately $781,857. This trade represents a 43.83% decrease in their position. The SEC filing for this sale provides additional information. 5.04% of the stock is currently owned by corporate insiders.

About Corpay

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.