Corpay, Inc. $CPAY Shares Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd boosted its stake in shares of Corpay, Inc. (NYSE:CPAY) by 133.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,600 shares of the company’s stock after purchasing an additional 2,630 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Corpay were worth $1,325,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new stake in shares of Corpay during the 2nd quarter worth $266,246,000. Vanguard Group Inc. boosted its holdings in Corpay by 3.2% in the second quarter. Vanguard Group Inc. now owns 8,124,437 shares of the company’s stock valued at $2,695,851,000 after acquiring an additional 251,651 shares during the last quarter. Boston Partners boosted its holdings in Corpay by 5.8% in the second quarter. Boston Partners now owns 2,289,271 shares of the company’s stock valued at $758,536,000 after acquiring an additional 125,331 shares during the last quarter. Orbis Allan Gray Ltd grew its position 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 acquiring an additional 124,368 shares during the period. Finally, Invesco Ltd. grew its position in Corpay by 4.4% during the second quarter. Invesco Ltd. now owns 1,978,930 shares of the company’s stock valued at $656,649,000 after acquiring an additional 84,198 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Insider Activity at Corpay

In other news, Director Steven T. Stull acquired 8,000 shares of the stock in a transaction on Friday, December 12th. The stock was bought at an average price of $314.98 per share, with a total value of $2,519,840.00. Following the completion of the transaction, the director directly owned 29,241 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through the SEC website. Also, CAO Alissa B. Vickery sold 1,701 shares of Corpay stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $358.65, for a total transaction of $610,063.65. Following the sale, the chief accounting officer owned 2,180 shares in the company, valued at $781,857. This represents a 43.83% decrease in their position. The disclosure for this sale is available in the SEC filing. 5.04% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

CPAY has been the topic of a number of research reports. Mizuho raised their price objective on Corpay from $320.00 to $340.00 and gave the stock a “neutral” rating in a report on Friday, February 6th. UBS Group boosted their target price on Corpay from $315.00 to $380.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Morgan Stanley increased their target price on shares of Corpay from $379.00 to $390.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Raymond James Financial reaffirmed an “outperform” rating and set a $361.00 price target on shares of Corpay in a research report on Thursday. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Corpay in a research report on Monday, December 29th. Ten equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Corpay presently has a consensus rating of “Moderate Buy” and an average target price of $377.57.

Corpay Trading Down 3.0%

Shares of CPAY opened at $314.57 on Monday. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $361.99. The stock’s 50-day moving average is $325.63 and its two-hundred day moving average is $306.81. The company has a debt-to-equity ratio of 1.70, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market cap of $22.01 billion, a PE ratio of 20.92, a P/E/G ratio of 0.91 and a beta of 0.80.

Corpay (NYSE:CPAY) last posted its earnings results on Wednesday, February 4th. The company reported $6.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $5.93 by $0.11. The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Corpay had a return on equity of 37.13% and a net margin of 23.62%.The company’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter last year, the firm earned $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. Equities analysts forecast that Corpay, Inc. will post 19.76 earnings per share for the current fiscal year.

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.