Paycom Software, Inc. $PAYC Shares Bought by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Paycom Software, Inc. (NYSE:PAYC) by 5.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 102,666 shares of the software maker’s stock after buying an additional 4,958 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in Paycom Software were worth $15,646,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of PAYC. Allianz Asset Management GmbH boosted its holdings in Paycom Software by 10,106.6% during the third quarter. Allianz Asset Management GmbH now owns 486,957 shares of the software maker’s stock worth $101,355,000 after buying an additional 482,186 shares in the last quarter. Dillon & Associates Inc. boosted its stake in shares of Paycom Software by 10.9% during the 3rd quarter. Dillon & Associates Inc. now owns 68,153 shares of the software maker’s stock worth $14,176,000 after acquiring an additional 6,696 shares in the last quarter. Baader Bank Aktiengesellschaft grew its holdings in shares of Paycom Software by 37.1% in the 3rd quarter. Baader Bank Aktiengesellschaft now owns 60,390 shares of the software maker’s stock worth $12,570,000 after acquiring an additional 16,357 shares during the period. Rakuten Investment Management Inc. acquired a new stake in shares of Paycom Software in the 3rd quarter worth approximately $15,432,000. Finally, Sienna Gestion purchased a new stake in Paycom Software during the third quarter worth $4,515,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on PAYC shares. BMO Capital Markets upped their target price on Paycom Software from $137.00 to $145.00 and gave the company a “market perform” rating in a report on Thursday. BTIG Research boosted their price objective on shares of Paycom Software from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday. Weiss Ratings reissued a “sell (d+)” rating on shares of Paycom Software in a research note on Friday, May 1st. Mizuho raised their target price on shares of Paycom Software from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday. Finally, KeyCorp cut their target price on shares of Paycom Software from $250.00 to $195.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. Five equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Paycom Software currently has a consensus rating of “Hold” and a consensus target price of $159.67.

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

Paycom Software Stock Performance

NYSE PAYC opened at $136.75 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.83. Paycom Software, Inc. has a fifty-two week low of $104.90 and a fifty-two week high of $267.76. The business has a fifty day moving average of $125.83 and a 200-day moving average of $146.19. The stock has a market cap of $6.52 billion, a price-to-earnings ratio of 15.81, a price-to-earnings-growth ratio of 1.27 and a beta of 0.77.

Paycom Software (NYSE:PAYC) last posted its quarterly earnings data on Wednesday, May 6th. The software maker reported $3.15 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.16. The business had revenue of $571.80 million for the quarter, compared to analyst estimates of $564.37 million. Paycom Software had a return on equity of 28.34% and a net margin of 22.44%.The business’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same quarter last year, the company earned $2.80 earnings per share. As a group, analysts predict that Paycom Software, Inc. will post 8.57 earnings per share for the current fiscal year.

Paycom Software Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th will be paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, May 26th. Paycom Software’s dividend payout ratio (DPR) is currently 17.34%.

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.