Robeco Institutional Asset Management B.V. Trims Position in Corpay, Inc. $CPAY

Robeco Institutional Asset Management B.V. decreased its position in shares of Corpay, Inc. (NYSE:CPAY) by 61.9% during the third quarter, Holdings Channel reports. The institutional investor owned 12,365 shares of the company’s stock after selling 20,077 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Corpay were worth $3,562,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of CPAY. CVA Family Office LLC raised its holdings in Corpay by 56.7% during the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after acquiring an additional 34 shares during the period. Hazlett Burt & Watson Inc. bought a new stake in Corpay during the 2nd quarter valued at approximately $33,000. Ameritas Advisory Services LLC bought a new stake in Corpay during the 2nd quarter valued at approximately $37,000. Mather Group LLC. purchased a new position in Corpay in the 3rd quarter worth approximately $49,000. Finally, CYBER HORNET ETFs LLC bought a new position in Corpay in the 2nd quarter worth approximately $63,000. Institutional investors own 98.84% of the company’s stock.

Wall Street Analysts Forecast Growth

CPAY has been the topic of several recent analyst reports. UBS Group reduced their price objective on shares of Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a research report on Thursday, November 6th. Oppenheimer upgraded shares of Corpay from a “market perform” rating to an “outperform” rating and set a $380.00 price target on the stock in a report on Friday, December 5th. Royal Bank Of Canada increased their price objective on shares of Corpay from $336.00 to $344.00 and gave the company a “sector perform” rating in a report on Thursday, November 6th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Corpay in a report on Monday, November 3rd. Finally, 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 research report on Thursday, November 6th. Eight investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $372.00.

Insider Activity

In related news, Director Steven T. Stull bought 8,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was purchased at an average price of $314.98 per share, for a total transaction of $2,519,840.00. Following the acquisition, the director owned 29,241 shares in the company, valued at $9,210,330.18. This trade represents a 37.66% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 5.04% of the stock is owned by insiders.

Corpay Stock Performance

Corpay stock opened at $331.49 on Friday. The company’s 50-day moving average price is $297.78 and its 200-day moving average price is $306.12. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 1.41. The company has a market cap of $23.19 billion, a PE ratio of 22.50, a price-to-earnings-growth ratio of 1.01 and a beta of 0.84. Corpay, Inc. has a twelve month low of $252.84 and a twelve month high of $400.81.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $5.70 EPS for the quarter, beating analysts’ consensus estimates of $5.63 by $0.07. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Corpay had a net margin of 24.37% and a return on equity of 37.83%. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter last year, the firm earned $5.00 EPS. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, equities research analysts forecast 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.