Paycom Software (NYSE:PAYC) Price Target Raised to $130.00

Paycom Software (NYSE:PAYC) had its target price raised by Mizuho from $120.00 to $130.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a neutral rating on the software maker’s stock.

Other analysts also recently issued reports about the stock. BTIG Research increased their price target on shares of Paycom Software from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday. Weiss Ratings restated a “sell (d+)” rating on shares of Paycom Software in a research note on Friday, May 1st. Guggenheim dropped their price objective on shares of Paycom Software from $210.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Barclays increased their price objective on shares of Paycom Software from $140.00 to $150.00 and gave the company an “equal weight” rating in a research note on Friday, March 6th. Finally, TD Cowen dropped their price objective on shares of Paycom Software from $200.00 to $184.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. Five investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $159.67.

Paycom Software Price Performance

Shares of Paycom Software stock opened at $136.75 on Thursday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.08 and a quick ratio of 1.09. Paycom Software has a fifty-two week low of $104.90 and a fifty-two week high of $267.76. The firm has a fifty day moving average price of $125.83 and a two-hundred day moving average price of $146.19. The company has a market cap of $6.52 billion, a PE ratio of 15.81, a price-to-earnings-growth ratio of 1.44 and a beta of 0.77.

Paycom Software (NYSE:PAYC) last issued its quarterly earnings results on Wednesday, May 6th. The software maker reported $3.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.99 by $0.16. Paycom Software had a net margin of 22.44% and a return on equity of 28.34%. The firm had revenue of $571.80 million during the quarter, compared to the consensus estimate of $564.37 million. During the same period in the prior year, the firm earned $2.80 EPS. The business’s revenue was up 7.8% on a year-over-year basis. Analysts expect that Paycom Software will post 8.57 EPS for the current year.

Paycom Software Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be paid a $0.375 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.1%. Paycom Software’s dividend payout ratio is currently 17.34%.

Institutional Investors Weigh In On Paycom Software

A number of hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. increased its position in shares of Paycom Software by 165.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 14,472 shares of the software maker’s stock worth $1,759,000 after purchasing an additional 9,028 shares in the last quarter. Florida Financial Advisors LLC acquired a new stake in shares of Paycom Software during the 1st quarter worth about $286,000. Dimensional Fund Advisors LP increased its position in shares of Paycom Software by 10.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 538,376 shares of the software maker’s stock worth $65,435,000 after purchasing an additional 49,460 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Paycom Software by 102.5% during the 1st quarter. Parallel Advisors LLC now owns 1,776 shares of the software maker’s stock worth $216,000 after purchasing an additional 899 shares in the last quarter. Finally, Aurora Investment Counsel increased its position in shares of Paycom Software by 59.6% during the 1st quarter. Aurora Investment Counsel now owns 10,230 shares of the software maker’s stock worth $1,243,000 after purchasing an additional 3,819 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Key Headlines Impacting Paycom Software

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

• Positive Sentiment: Paycom reported Q1 earnings and revenue ahead of expectations, with revenue up 7.8% year over year and margins improving, supporting the case that operating performance is still solid. Article Title
• Positive Sentiment: The company reaffirmed its 2026 outlook for revenue and adjusted EBITDA, which can reassure investors looking for visibility after earnings. Article Title
• Positive Sentiment: Paycom’s board approved a new $2 billion share repurchase authorization, and the company already bought back a large block of shares in Q1, signaling confidence in cash generation and potentially boosting per-share earnings. Article Title
• Positive Sentiment: Several firms raised price targets after the results, including TD Cowen, BTIG, Barclays, and Mizuho, reflecting improved analyst sentiment even though ratings remained mixed. Article Title
• Neutral Sentiment: Paycom’s annual meeting results showed shareholders backed the board, auditor, and executive pay, removing a potential governance overhang but not materially changing the business outlook. Article Title
• Neutral Sentiment: Analyst price-target changes were mixed overall, with some firms lifting targets while others, including Citigroup and Barclays, maintained more cautious stances. Article Title

About Paycom Software

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.