111 Capital Invests $473,000 in Corpay, Inc. $CPAY

111 Capital acquired 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 (SEC). The fund acquired 1,641 shares of the company’s stock, valued at approximately $473,000.

A number of other hedge funds also recently added to or reduced their stakes in CPAY. Norges Bank purchased a new position in Corpay during the 2nd quarter valued at about $266,246,000. Vanguard Group Inc. lifted its position in shares of Corpay by 3.2% in the 2nd quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock worth $2,695,851,000 after purchasing an additional 251,651 shares during the period. Boston Partners boosted its stake in shares of Corpay by 5.8% during the second quarter. Boston Partners now owns 2,289,271 shares of the company’s stock valued at $758,536,000 after purchasing an additional 125,331 shares in the last quarter. Orbis Allan Gray Ltd increased its holdings in Corpay by 3.3% during the second quarter. Orbis Allan Gray Ltd now owns 3,855,589 shares of the company’s stock valued at $1,279,362,000 after buying an additional 124,368 shares during the period. Finally, Invesco Ltd. raised its stake in Corpay by 4.4% in the second quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock worth $656,649,000 after buying an additional 84,198 shares in the last quarter. 98.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CAO Alissa B. Vickery sold 1,701 shares of the company’s stock in a transaction on Tuesday, February 10th. The stock was 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 of the company’s stock, valued at $781,857. This represents a 43.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Steven T. Stull bought 8,000 shares of Corpay stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the purchase, the director directly 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 SEC filing for this purchase provides additional information. Company insiders own 5.04% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on CPAY. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Royal Bank Of Canada upped their price objective on Corpay from $344.00 to $363.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 5th. JPMorgan Chase & Co. lifted their target price on Corpay from $350.00 to $390.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Oppenheimer reiterated an “outperform” rating and issued a $378.00 target price on shares of Corpay in a report on Thursday, February 5th. Finally, Morgan Stanley increased their price target on shares of Corpay from $379.00 to $390.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Corpay has an average rating of “Moderate Buy” and a consensus target price of $379.79.

Corpay Trading Up 0.6%

Corpay stock opened at $333.84 on Wednesday. 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 stock has a market cap of $23.36 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 0.96 and a beta of 0.80. The stock has a 50-day moving average of $324.92 and a two-hundred day moving average of $306.70. Corpay, Inc. has a one year low of $252.84 and a one year high of $361.99.

Corpay (NYSE:CPAY) last posted its quarterly earnings data 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 firm 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 for the quarter was up 20.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $5.36 earnings per share. Corpay has set its FY 2026 guidance at 25.500-26.500 EPS and its Q1 2026 guidance at 5.380-5.520 EPS. On average, research analysts anticipate that Corpay, Inc. will post 19.76 EPS for the current fiscal year.

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.