Corpay, Inc $CPAY Shares Bought by NEOS Investment Management LLC

NEOS Investment Management LLC increased its position in shares of Corpay, Inc (NYSE:CPAY) by 14.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,921 shares of the corporate payments company’s stock after purchasing an additional 1,390 shares during the period. NEOS Investment Management LLC’s holdings in Corpay were worth $3,640,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new stake in shares of Corpay in the first quarter valued at about $207,000. Woodline Partners LP grew its holdings in Corpay by 39.3% during the 1st quarter. Woodline Partners LP now owns 5,890 shares of the corporate payments company’s stock valued at $2,054,000 after buying an additional 1,661 shares during the last quarter. Intech Investment Management LLC boosted its stake in shares of Corpay by 30.4% during the first quarter. Intech Investment Management LLC now owns 3,341 shares of the corporate payments company’s stock valued at $1,165,000 after acquiring an additional 778 shares during the last quarter. Marshall Wace LLP boosted its stake in shares of Corpay by 128.6% during the 2nd quarter. Marshall Wace LLP now owns 1,600 shares of the corporate payments company’s stock worth $531,000 after purchasing an additional 900 shares during the last quarter. Finally, Brown Advisory Inc. boosted its position in Corpay by 16.0% during the second quarter. Brown Advisory Inc. now owns 1,670 shares of the corporate payments company’s stock worth $554,000 after acquiring an additional 230 shares during the last quarter. Hedge funds and other institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the company. Morgan Stanley set a $455.00 price target on Corpay in a report on Friday, August 7th. Keefe, Bruyette & Woods increased their price target on Corpay from $400.00 to $470.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Scotiabank set a $536.00 price objective on shares of Corpay and gave the company an “outperform” rating in a research note on Wednesday. Weiss Ratings reiterated a “buy (b-)” rating on shares of Corpay in a research note on Friday, July 24th. Finally, Royal Bank Of Canada upped their price target on shares of Corpay from $423.00 to $438.00 and gave the company a “sector perform” rating in a report on Monday, August 31st. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, Corpay currently has an average rating of “Moderate Buy” and an average target price of $438.93.

Insider Transactions at Corpay

In other news, CEO Ronald Clarke sold 119,486 shares of the firm’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $412.40, for a total transaction of $49,276,026.40. Following the transaction, the chief executive officer directly owned 2,354,330 shares of the company’s stock, valued at approximately $970,925,692. This trade represents a 4.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven Stull sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $410.66, for a total transaction of $1,642,640.00. Following the transaction, the director directly owned 23,598 shares in the company, valued at approximately $9,690,754.68. The trade was a 14.49% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 291,336 shares of company stock valued at $116,212,228. 5.19% of the stock is currently owned by corporate insiders.

Corpay Trading Down 0.1%

Shares of NYSE CPAY opened at $416.09 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.70. The company has a market cap of $27.32 billion, a price-to-earnings ratio of 25.33, a price-to-earnings-growth ratio of 1.14 and a beta of 0.87. Corpay, Inc has a 12-month low of $252.84 and a 12-month high of $427.46. The stock’s 50 day simple moving average is $386.15 and its 200 day simple moving average is $349.20.

Corpay (NYSE:CPAY) last released its quarterly earnings results on Wednesday, August 5th. The corporate payments company reported $7.00 EPS for the quarter, topping the consensus estimate of $6.58 by $0.42. Corpay had a net margin of 22.72% and a return on equity of 42.18%. The business had revenue of $1.34 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the prior year, the firm earned $5.13 earnings per share. The company’s quarterly revenue 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. Equities research analysts expect that Corpay, Inc will post 25.75 EPS for the current year.

About Corpay

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.