Corpay hits 52-week high, outperforming S&P 500 as hedge fund boosts stake

Corpay (CPAY) reached a new 52-week high on July 28, 2026, joining a group of 25 mid-cap stocks hitting peak levels.

The stock surged 16.5% over the last month. This performance significantly outpaced the S&P 500, which returned 0.7% during the same period.

Financial data shows revenue grew 18.3% over the last twelve months. The company maintained an operating margin of 42.6%.

Hawk Ridge Capital Management LP increased its stake in Corpay by 20.5% during the first quarter. The company now represents the firm's third-largest holding.