Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on March 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paychex stock on February 24th.
Representative April McClain Delaney also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 2/27/2026.
- Sold $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 2/27/2026.
- Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 2/27/2026.
- Sold $1,001 – $15,000 in shares of Morningstar (NASDAQ:MORN) on 2/25/2026.
- Sold $1,001 – $15,000 in shares of Fortune Brands Innovations (NYSE:FBIN) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of CDW (NASDAQ:CDW) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/23/2026.
- Purchased $15,001 – $50,000 in shares of Clean Harbors (NYSE:CLH) on 2/23/2026.
Paychex Stock Up 1.1%
PAYX traded up $1.07 on Thursday, hitting $95.07. The company had a trading volume of 837,774 shares, compared to its average volume of 3,806,545. The stock has a fifty day simple moving average of $101.21 and a 200-day simple moving average of $114.57. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.27 and a quick ratio of 1.27. The firm has a market capitalization of $34.13 billion, a P/E ratio of 21.60 and a beta of 0.91. Paychex, Inc. has a 52-week low of $86.89 and a 52-week high of $161.24.
Paychex announced that its Board of Directors has approved a stock buyback program on Friday, January 16th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the business services provider to repurchase up to 2.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.
Paychex Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, January 28th were paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, January 28th. Paychex’s dividend payout ratio is presently 97.96%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. ABC Arbitrage SA raised its holdings in shares of Paychex by 61.4% in the third quarter. ABC Arbitrage SA now owns 28,208 shares of the business services provider’s stock valued at $3,576,000 after acquiring an additional 10,726 shares in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Paychex during the third quarter worth $1,877,000. Summit Global Investments grew its holdings in shares of Paychex by 1,938.2% during the third quarter. Summit Global Investments now owns 48,143 shares of the business services provider’s stock valued at $6,103,000 after buying an additional 45,781 shares during the last quarter. Alps Advisors Inc. raised its stake in Paychex by 20.6% in the 3rd quarter. Alps Advisors Inc. now owns 240,564 shares of the business services provider’s stock worth $30,494,000 after acquiring an additional 41,114 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Paychex by 6.0% during the second quarter. Invesco Ltd. now owns 4,384,846 shares of the business services provider’s stock worth $637,820,000 after purchasing an additional 249,550 shares during the period. 83.47% of the stock is owned by institutional investors.
Analyst Ratings Changes
PAYX has been the subject of a number of recent research reports. BMO Capital Markets lowered their price objective on Paychex from $140.00 to $121.00 and set a “market perform” rating for the company in a research note on Tuesday, December 9th. Morgan Stanley reduced their price target on Paychex from $133.00 to $123.00 and set an “equal weight” rating for the company in a report on Monday, December 22nd. Citigroup dropped their price target on shares of Paychex from $139.00 to $120.00 and set a “neutral” rating on the stock in a research note on Monday, December 22nd. JPMorgan Chase & Co. cut their price objective on shares of Paychex from $140.00 to $125.00 and set an “underweight” rating on the stock in a research report on Monday, December 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Paychex in a report on Monday, December 29th. One research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Paychex has a consensus rating of “Reduce” and an average price target of $123.94.
Get Our Latest Stock Analysis on PAYX
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
Paychex Company Profile
Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.
Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.
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