Paycom Software, Inc. $PAYC Shares Sold by Riverbridge Partners LLC

Riverbridge Partners LLC decreased its holdings in Paycom Software, Inc. (NYSE:PAYC) by 5.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 444,764 shares of the software maker’s stock after selling 25,317 shares during the quarter. Paycom Software accounts for about 1.6% of Riverbridge Partners LLC’s investment portfolio, making the stock its 20th largest position. Riverbridge Partners LLC owned approximately 0.77% of Paycom Software worth $92,573,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the stock. Ethic Inc. acquired a new stake in Paycom Software during the 2nd quarter worth about $566,000. Aviva PLC boosted its holdings in shares of Paycom Software by 65.2% in the second quarter. Aviva PLC now owns 34,129 shares of the software maker’s stock worth $7,897,000 after buying an additional 13,473 shares during the period. United Asset Strategies Inc. purchased a new position in shares of Paycom Software in the second quarter worth approximately $877,000. Hussman Strategic Advisors Inc. acquired a new stake in shares of Paycom Software during the second quarter valued at approximately $2,916,000. Finally, Nisa Investment Advisors LLC lifted its position in shares of Paycom Software by 88.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 14,658 shares of the software maker’s stock valued at $3,392,000 after acquiring an additional 6,866 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Paycom Software Stock Performance

NYSE:PAYC opened at $162.70 on Monday. The company has a market capitalization of $9.16 billion, a P/E ratio of 20.24, a P/E/G ratio of 1.77 and a beta of 0.84. The stock’s 50 day moving average price is $175.19 and its 200 day moving average price is $208.46. Paycom Software, Inc. has a 52 week low of $156.50 and a 52 week high of $267.76.

Paycom Software (NYSE:PAYC) last issued its quarterly earnings data on Wednesday, November 5th. The software maker reported $1.94 earnings per share for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.02). The company had revenue of $493.30 million during the quarter, compared to the consensus estimate of $492.62 million. Paycom Software had a net margin of 22.65% and a return on equity of 24.79%. The firm’s revenue was up 9.2% on a year-over-year basis. During the same period in the previous year, the business posted $1.67 earnings per share. As a group, sell-side analysts forecast that Paycom Software, Inc. will post 7.15 earnings per share for the current fiscal year.

Paycom Software Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 8th. Shareholders of record on Monday, November 24th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, November 24th. This represents a $1.50 dividend on an annualized basis and a yield of 0.9%. Paycom Software’s payout ratio is currently 18.66%.

More Paycom Software News

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

• Positive Sentiment: BTIG initiated coverage of Paycom with a “strong-buy” rating — fresh institutional coverage and a strong-buy stamp can attract buyers and support the stock. Paycom Software (NYSE:PAYC) Coverage Initiated at BTIG Research
• Positive Sentiment: KeyCorp maintains an Overweight rating and $250 price target while publishing raised near-term EPS forecasts (Q1–Q4 2026 and FY2025–FY2026 estimates). Analyst model upgrades and a higher target give fundamental support and a clear upside thesis for investors. KeyCorp research / MarketBeat summary
• Neutral Sentiment: Coverage pieces note PAYC has underperformed the S&P 500 over the past year even as analysts remain moderately optimistic — this frames the rally as analyst-driven rather than broad-market-led. Is Paycom Software Stock Underperforming the S&P 500?
• Neutral Sentiment: Another market write-up reiterates the underperformance vs. the S&P but highlights analyst optimism, underscoring mixed investor sentiment (some see value, others worry about momentum). Barchart: Is Paycom Software Stock Underperforming the S&P 500?
• Neutral Sentiment: Paycom appeared on “stocks making big moves” lists recently — media attention can boost short-term trading interest but doesn’t necessarily change fundamentals. MSN: Stocks making big moves yesterday
• Negative Sentiment: Despite analyst optimism, PAYC’s recent price trend (below its 50- and 200-day averages) and its year-to-date underperformance could keep momentum traders sidelined; higher-than-normal volume on down days suggests some distribution. MSN: Paycom (PAYC) stock is up, what you need to know

Analyst Upgrades and Downgrades

Several research firms have weighed in on PAYC. Zacks Research upgraded shares of Paycom Software from a “strong sell” rating to a “hold” rating in a research report on Thursday, November 20th. JPMorgan Chase & Co. lowered their price target on Paycom Software from $235.00 to $220.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Guggenheim assumed coverage on Paycom Software in a research note on Friday, September 26th. They issued a “buy” rating and a $270.00 price objective for the company. Mizuho decreased their price objective on Paycom Software from $220.00 to $180.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Finally, UBS Group dropped their target price on Paycom Software from $285.00 to $245.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and twelve have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $223.57.

Insider Transactions at Paycom Software

In other news, CFO Robert D. Foster sold 1,300 shares of the firm’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $162.66, for a total value of $211,458.00. Following the sale, the chief financial officer directly owned 14,747 shares of the company’s stock, valued at approximately $2,398,747.02. This trade represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 10.90% of the stock is owned by company insiders.

Paycom Software Company 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.