Sei Investments Co. Lowers Position in Paycom Software, Inc. $PAYC

Sei Investments Co. lessened its stake in shares of Paycom Software, Inc. (NYSE:PAYC) by 89.8% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 15,510 shares of the software maker’s stock after selling 136,359 shares during the period. Sei Investments Co.’s holdings in Paycom Software were worth $1,885,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Berkeley Inc increased its holdings in Paycom Software by 47.5% in the 4th quarter. Berkeley Inc now owns 40,794 shares of the software maker’s stock worth $6,501,000 after acquiring an additional 13,140 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Paycom Software by 1,151.4% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 170,854 shares of the software maker’s stock valued at $27,227,000 after purchasing an additional 157,201 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Paycom Software by 290.5% in the first quarter. Principal Financial Group Inc. now owns 243,762 shares of the software maker’s stock worth $29,627,000 after purchasing an additional 181,346 shares during the period. Robeco Institutional Asset Management B.V. boosted its position in shares of Paycom Software by 230.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 341,286 shares of the software maker’s stock worth $54,387,000 after purchasing an additional 238,155 shares during the period. Finally, Vest Financial LLC increased its stake in shares of Paycom Software by 32.6% in the fourth quarter. Vest Financial LLC now owns 163,012 shares of the software maker’s stock worth $25,978,000 after purchasing an additional 40,108 shares in the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

PAYC has been the topic of several recent analyst reports. Guggenheim raised their price objective on shares of Paycom Software from $180.00 to $225.00 and gave the company a “buy” rating in a research report on Thursday. Stifel Nicolaus upped their target price on shares of Paycom Software from $120.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday. Citigroup increased their price target on Paycom Software from $136.00 to $194.00 and gave the stock a “neutral” rating in a research note on Friday. Cantor Fitzgerald raised their price target on Paycom Software from $135.00 to $195.00 and gave the company a “neutral” rating in a report on Thursday. Finally, UBS Group boosted their price objective on Paycom Software from $195.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Paycom Software presently has a consensus rating of “Hold” and a consensus price target of $204.69.

Paycom Software News Summary

Here are the key news stories impacting Paycom Software this week:

• Positive Sentiment: Q2 results exceeded expectations: Paycom reported $531.2 million in revenue, up 9.8% year over year, and $2.78 in non-GAAP EPS, beating consensus estimates. Recurring sales growth and expanding margins added to the positive reaction. Paycom’s Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: Management raised its 2026 forecast: Paycom now expects revenue of approximately $2.197 billion to $2.212 billion and adjusted EBITDA of $1.007 billion to $1.022 billion. Free cash flow is expected to exceed $650 million, supporting the improved earnings outlook. Paycom forecasts 2026 revenue and EBITDA
• Positive Sentiment: Automation and AI are improving profitability: Management highlighted savings from automation, internally hosted AI models, and new product releases as drivers of operating leverage and demand for Paycom’s employee-management services. Paycom raises annual forecast on AI-driven demand
• Positive Sentiment: Analysts lifted price targets: KeyBanc raised its target to $270 with an overweight rating, while TD Cowen raised its target to $244 and upgraded the stock to buy. BTIG also increased its target to $230 and maintained a buy rating. Paycom Software analysts boost forecasts
• Neutral Sentiment: Capital returns remain supportive: Paycom repurchased roughly 2.57 million shares for $345.9 million during the quarter, which may enhance per-share results but also reflects substantial cash deployment.
• Negative Sentiment: Some analysts remain cautious at the higher valuation: Barclays, BMO, Stifel, UBS, and Cantor Fitzgerald raised targets but retained neutral or hold-equivalent ratings, with targets ranging from $195 to $210—below the recent market level. Mixed institutional positioning also suggests not all investors share the bullish view.

Paycom Software Trading Down 0.2%

Paycom Software stock opened at $214.52 on Monday. Paycom Software, Inc. has a 1 year low of $104.90 and a 1 year high of $234.60. The firm’s 50 day moving average price is $144.49 and its 200-day moving average price is $134.60. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market cap of $9.67 billion, a P/E ratio of 22.80, a PEG ratio of 1.33 and a beta of 0.75.

Paycom Software (NYSE:PAYC) last issued its earnings results on Wednesday, August 5th. The software maker reported $2.78 earnings per share for the quarter, topping analysts’ consensus estimates of $2.38 by $0.40. The firm had revenue of $531.20 million during the quarter, compared to analyst estimates of $513.12 million. Paycom Software had a net margin of 22.78% and a return on equity of 37.06%. Paycom Software’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.06 earnings per share. On average, equities analysts predict that Paycom Software, Inc. will post 9.53 earnings per share for the current fiscal year.

Paycom Software Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $0.375 dividend. The ex-dividend date is Monday, August 24th. This represents a $1.50 annualized dividend and a yield of 0.7%. Paycom Software’s payout ratio is presently 15.94%.

Paycom Software Profile

Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.

The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.