Janus Henderson Group PLC Has $2.82 Million Stock Holdings in Paycom Software, Inc. $PAYC

Janus Henderson Group PLC grew its holdings in Paycom Software, Inc. (NYSE:PAYC) by 467.2% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 23,200 shares of the software maker’s stock after purchasing an additional 19,110 shares during the period. Janus Henderson Group PLC’s holdings in Paycom Software were worth $2,819,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Brown Brothers Harriman & Co. lifted its position in shares of Paycom Software by 190.6% during the 4th quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker’s stock worth $25,000 after buying an additional 101 shares during the last quarter. Clearstead Advisors LLC raised its stake in Paycom Software by 140.3% during the fourth quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock worth $26,000 after acquiring an additional 94 shares in the last quarter. CYBER HORNET ETFs LLC acquired a new position in Paycom Software during the second quarter worth about $29,000. MUFG Securities EMEA plc bought a new position in shares of Paycom Software in the second quarter worth about $33,000. Finally, Palisade Asset Management LLC bought a new position in shares of Paycom Software in the third quarter worth about $33,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

Key Paycom Software News

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.

Wall Street Analyst Weigh In

PAYC has been the topic of several research reports. Citigroup lifted their price target on shares of Paycom Software from $136.00 to $194.00 and gave the company a “neutral” rating in a report on Friday. BMO Capital Markets raised their target price on shares of Paycom Software from $145.00 to $208.00 and gave the company a “market perform” rating in a research report on Thursday. Zacks Research raised shares of Paycom Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. BTIG Research upped their price target on shares of Paycom Software from $160.00 to $230.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Mizuho increased their price target on Paycom Software from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $204.69.

Paycom Software Stock Down 0.7%

NYSE:PAYC opened at $214.52 on Friday. The firm’s 50 day simple moving average is $144.49 and its 200 day simple moving average is $134.69. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.08. Paycom Software, Inc. has a one year low of $104.90 and a one year high of $234.60. The company has a market cap of $10.22 billion, a PE ratio of 22.80, a P/E/G ratio of 1.81 and a beta of 0.76.

Paycom Software (NYSE:PAYC) last posted 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. Paycom Software had a net margin of 22.78% and a return on equity of 37.06%. The firm had revenue of $531.20 million for the quarter, compared to analyst estimates of $513.12 million. During the same period in the previous year, the firm posted $2.06 EPS. The company’s revenue for the quarter was up 9.8% compared to the same quarter last year. On average, research analysts anticipate that Paycom Software, Inc. will post 9.53 earnings per share for the current year.

Paycom Software Dividend Announcement

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