Rhumbline Advisers Has $48.26 Million Stock Position in Corpay, Inc. $CPAY

Rhumbline Advisers cut its stake in Corpay, Inc. (NYSE:CPAY) by 0.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 145,454 shares of the company’s stock after selling 1,357 shares during the period. Rhumbline Advisers owned about 0.21% of Corpay worth $48,264,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CPAY. CVA Family Office LLC raised its stake in Corpay by 56.7% during the second quarter. CVA Family Office LLC now owns 94 shares of the company’s stock worth $31,000 after acquiring an additional 34 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new stake in shares of Corpay in the 2nd quarter valued at $33,000. Ameritas Advisory Services LLC bought a new stake in shares of Corpay in the 2nd quarter worth about $37,000. Zions Bancorporation National Association UT acquired a new stake in shares of Corpay during the 1st quarter worth about $41,000. Finally, Allworth Financial LP increased its position in shares of Corpay by 37.4% during the 2nd quarter. Allworth Financial LP now owns 239 shares of the company’s stock worth $79,000 after purchasing an additional 65 shares in the last quarter. Institutional investors and hedge funds own 98.84% of the company’s stock.

Corpay Stock Down 0.8%

Shares of CPAY opened at $286.43 on Tuesday. The firm has a market capitalization of $20.04 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 1.02 and a beta of 0.95. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.12 and a current ratio of 1.12. The business’s fifty day moving average price is $284.62 and its two-hundred day moving average price is $312.18. Corpay, Inc. has a 52 week low of $252.84 and a 52 week high of $400.81.

Corpay (NYSE:CPAY) last released its earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, topping analysts’ consensus estimates of $5.63 by $0.07. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Corpay had a return on equity of 39.13% and a net margin of 25.17%.The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $5.00 earnings per share. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, analysts predict that Corpay, Inc. will post 19.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on CPAY shares. Williams Trading set a $300.00 price target on shares of Corpay in a research report on Monday, November 3rd. Raymond James Financial set a $392.00 price target on Corpay and gave the stock an “outperform” rating in a research report on Thursday, August 7th. Jefferies Financial Group reiterated a “buy” rating on shares of Corpay in a research report on Monday, November 3rd. UBS Group decreased their target price on Corpay from $340.00 to $315.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Finally, Royal Bank Of Canada raised their target price on Corpay from $336.00 to $344.00 and gave the company a “sector perform” rating in a research note on Thursday, November 6th. Nine equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Corpay has a consensus rating of “Moderate Buy” and an average price target of $379.71.

Corpay Company Profile

Corpay, Inc operates as a payments company that helps businesses and consumers manage vehicle-related expenses, lodging expenses, and corporate payments in the United States, Brazil, the United Kingdom, and internationally. The company offers vehicle payment solutions, which include fuel, tolls, parking, fleet maintenance, and long-haul transportation services, as well as prepaid food and transportation vouchers and cards.