Dynamic Technology Lab Private Ltd Acquires Shares of 1,970 Corpay, Inc. $CPAY

Dynamic Technology Lab Private Ltd bought a new position in Corpay, Inc. (NYSE:CPAY) during the second quarter, HoldingsChannel.com reports. The fund bought 1,970 shares of the company’s stock, valued at approximately $654,000.

A number of other institutional investors have also recently made changes to their positions in CPAY. Atria Wealth Solutions Inc. grew its position in Corpay by 4.7% in the second quarter. Atria Wealth Solutions Inc. now owns 695 shares of the company’s stock worth $231,000 after acquiring an additional 31 shares in the last quarter. Meeder Advisory Services Inc. lifted its stake in shares of Corpay by 5.0% in the 1st quarter. Meeder Advisory Services Inc. now owns 678 shares of the company’s stock valued at $236,000 after purchasing an additional 32 shares during the last quarter. Townsquare Capital LLC boosted its holdings in shares of Corpay by 0.7% in the 1st quarter. Townsquare Capital LLC now owns 4,520 shares of the company’s stock worth $1,576,000 after purchasing an additional 32 shares during the period. CVA Family Office LLC increased its position in shares of Corpay by 56.7% during the 2nd quarter. CVA Family Office LLC now owns 94 shares of the company’s stock valued at $31,000 after purchasing an additional 34 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its holdings in Corpay by 0.3% during the 1st quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 12,666 shares of the company’s stock valued at $4,417,000 after buying an additional 35 shares during the period. Institutional investors own 98.84% of the company’s stock.

Analyst Ratings Changes

CPAY has been the subject of several recent analyst reports. Wall Street Zen lowered shares of Corpay from a “buy” rating to a “hold” rating in a research note on Saturday, October 11th. Morgan Stanley dropped their price target on shares of Corpay from $360.00 to $356.00 and set an “equal weight” rating for the company in a research note on Monday, August 11th. Keefe, Bruyette & Woods reduced their price objective on shares of Corpay from $445.00 to $400.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 1st. JPMorgan Chase & Co. decreased their price objective on shares of Corpay from $400.00 to $350.00 and set an “overweight” rating for the company in a research note on Thursday, November 6th. Finally, Royal Bank Of Canada upped 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 investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $379.71.

Corpay Price Performance

Corpay stock opened at $288.82 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.12 and a quick ratio of 1.12. The stock has a market cap of $20.21 billion, a price-to-earnings ratio of 19.62, a price-to-earnings-growth ratio of 1.02 and a beta of 0.95. The firm has a 50-day moving average of $285.01 and a two-hundred day moving average of $312.56. Corpay, Inc. has a 1 year low of $252.84 and a 1 year high of $400.81.

Corpay (NYSE:CPAY) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $5.70 earnings per share for the quarter, beating the consensus estimate 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 25.17% and a return on equity of 39.13%. The company’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $5.00 earnings per share. Corpay has set its Q4 2025 guidance at 4.600-4.800 EPS. On average, research analysts forecast that Corpay, Inc. will post 19.76 earnings per share for the current year.

Corpay 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.