Anchor Capital Advisors LLC Grows Stock Holdings in Corpay, Inc. $CPAY

Anchor Capital Advisors LLC grew its position in Corpay, Inc. (NYSE:CPAY) by 27.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 116,637 shares of the company’s stock after buying an additional 25,047 shares during the period. Anchor Capital Advisors LLC’s holdings in Corpay were worth $33,598,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of CPAY. Nordea Investment Management AB increased its stake in Corpay by 50.1% during the 2nd quarter. Nordea Investment Management AB now owns 20,297 shares of the company’s stock valued at $6,670,000 after purchasing an additional 6,775 shares in the last quarter. Vantage Investment Partners LLC lifted its stake in shares of Corpay by 28.4% during the second quarter. Vantage Investment Partners LLC now owns 119,272 shares of the company’s stock worth $39,577,000 after buying an additional 26,400 shares during the period. Hendershot Investments Inc. grew its holdings in shares of Corpay by 11.8% during the second quarter. Hendershot Investments Inc. now owns 37,651 shares of the company’s stock valued at $12,493,000 after buying an additional 3,970 shares during the last quarter. Kestra Investment Management LLC increased its position in shares of Corpay by 55,800.0% in the 2nd quarter. Kestra Investment Management LLC now owns 3,354 shares of the company’s stock valued at $1,113,000 after acquiring an additional 3,348 shares during the period. Finally, Vanderbilt University acquired a new position in shares of Corpay in the 2nd quarter valued at $1,614,000. Institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

CPAY has been the subject of a number of research reports. Williams Trading set a $300.00 price target on Corpay in a research report on Monday, November 3rd. Keefe, Bruyette & Woods reduced their price objective on Corpay from $445.00 to $400.00 and set an “outperform” rating for the company in a research note on Wednesday, October 1st. Wall Street Zen downgraded Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. JPMorgan Chase & Co. dropped 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. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Corpay in a report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $366.25.

Insider Buying and Selling at Corpay

In other news, Director Steven T. Stull bought 8,000 shares of the stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost 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 position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 5.04% of the company’s stock.

Corpay Price Performance

Shares of NYSE CPAY opened at $305.75 on Wednesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 1.13 and a quick ratio of 1.13. The stock has a market capitalization of $21.39 billion, a price-to-earnings ratio of 20.76, a PEG ratio of 0.98 and a beta of 0.84. The firm’s 50 day simple moving average is $304.90 and its 200-day simple moving average is $305.47. Corpay, Inc. has a 12 month low of $252.84 and a 12 month high of $400.81.

Corpay (NYSE:CPAY) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.63 by $0.07. The firm had revenue of $1.17 billion for 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 quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $5.00 earnings per share. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. Analysts expect that Corpay, Inc. will post 19.76 EPS for the current 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.