Corpay, Inc $CPAY Shares Newly Purchased by Hiddenite Capital Partners LP

Hiddenite Capital Partners LP purchased a new stake in shares of Corpay, Inc (NYSE:CPAY) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 44,000 shares of the corporate payments company’s stock, valued at approximately $17,098,000. Corpay accounts for about 3.0% of Hiddenite Capital Partners LP’s holdings, making the stock its 6th biggest holding.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Axiom Investment Management LLC purchased a new stake in Corpay in the 1st quarter worth approximately $27,000. Burkett Financial Services LLC bought a new position in shares of Corpay during the third quarter valued at approximately $30,000. Strive Financial Group LLC bought a new position in shares of Corpay during the second quarter valued at approximately $35,000. Western Wealth Management LLC bought a new position in shares of Corpay during the first quarter valued at approximately $36,000. Finally, CoreCap Advisors LLC lifted its stake in Corpay by 1,246.2% in the second quarter. CoreCap Advisors LLC now owns 175 shares of the corporate payments company’s stock worth $58,000 after acquiring an additional 162 shares during the period. Institutional investors own 98.84% of the company’s stock.

Corpay Price Performance

Shares of CPAY stock opened at $409.08 on Tuesday. The business’s fifty day moving average is $403.25 and its 200 day moving average is $358.45. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 1.70. The stock has a market cap of $26.86 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 1.09 and a beta of 0.89. Corpay, Inc has a twelve month low of $256.17 and a twelve month high of $427.46.

Corpay (NYSE:CPAY) last announced its quarterly earnings data on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, beating the consensus estimate of $6.58 by $0.42. Corpay had a return on equity of 42.18% and a net margin of 22.72%. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter last year, the firm posted $5.13 earnings per share. The company’s revenue for the quarter was up 21.5% on a year-over-year basis. Corpay has set its Q3 2026 guidance at 7.050-7.250 EPS and its FY 2026 guidance at 27.150-27.550 EPS. Research analysts expect that Corpay, Inc will post 25.81 EPS for the current fiscal year.

Wall Street Analyst Weigh In

CPAY has been the topic of several recent analyst reports. Wall Street Zen cut shares of Corpay from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Keefe, Bruyette & Woods raised their target price on shares of Corpay from $400.00 to $470.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. UBS Group raised their target price on shares of Corpay from $385.00 to $415.00 and gave the stock a “neutral” rating in a research report on Thursday, August 6th. Scotiabank began coverage on shares of Corpay in a research note on Wednesday, September 2nd. They set an “outperform” rating and a $536.00 target price on the stock. Finally, Cantor Fitzgerald boosted their price target on shares of Corpay from $415.00 to $480.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, Corpay presently has a consensus rating of “Moderate Buy” and a consensus price target of $450.00.

Insider Transactions at Corpay

In related news, CEO Ronald Clarke sold 119,486 shares of Corpay stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the completion of the transaction, the chief executive officer directly owned 2,354,330 shares of the company’s stock, valued at $970,925,692. This trade represents a 4.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Steven Stull sold 4,000 shares of the business’s stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the sale, the director directly owned 23,598 shares in the company, valued at $9,690,754.68. The trade was a 14.49% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 220,860 shares of company stock valued at $91,395,514. 5.19% of the stock is currently owned by corporate insiders.

Corpay Company Profile

Corpay is a global corporate payments company that provides businesses with a range of payment and expense management solutions. Its services are designed to help organizations manage payables, card programs, travel and fleet-related expenses, and cross-border transactions more efficiently.

The company serves customers across a variety of industries and geographies, offering software and payment tools that streamline accounts payable, vendor payments, and workforce payments. Corpay also provides specialized solutions for fleet management and international payments, helping businesses control costs and simplify financial operations.

Corpay operates as part of the broader financial technology and payment processing sector.