Paychex (PAYX)

• Market cap: $54.7B
• 1 day: 1.09%
• 5 days: 5.35%
• 1 month: 2.06%
• 3 months: 7.48%
• 6 months: 14.17%
• Year to date: 9.62%
• 1 year: 24.93%
• 5 years: 152.34%
• 10 years: 206.42%
• Sector: Industrials
• Industry: Engineering, Accounting, Research, Management

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

154% more first-time investments, than exits

New positions opened: 178 | Existing positions closed: 70

44% more funds holding in top 10

Funds holding in top 10: 16 [Q3] → 23 (+7) [Q4]

8% more capital invested

Capital invested by funds: $37.3B [Q3] → $40.3B (+$2.97B) [Q4]

5% more funds holding

Funds holding: 1,520 [Q3] → 1,596 (+76) [Q4]

4% more call options, than puts

Call options by funds: $349M | Put options by funds: $334M

4% more repeat investments, than reductions

Existing positions increased: 579 | Existing positions reduced: 558

0.06% more ownership

Funds ownership: 77.55% [Q3] → 77.61% (+0.06%) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $142 6% downside
• Avg. target: $153 1% upside
• High target: $158 4% upside

4 analyst ratings

• positive: 0 0%
• neutral: 4 100%
• negative: 0 0%

Morgan Stanley James Faucette 67% 1-year accuracy 16 / 24 met price target	6% downside $142	Equal-Weight Maintained	27 Mar 2025
Citigroup Peter Christiansen 60% 1-year accuracy 9 / 15 met price target	4% upside $158	Neutral Maintained	27 Mar 2025
Stifel Bryan Bergin 70% 1-year accuracy 19 / 27 met price target	3% upside $156	Hold Maintained	27 Mar 2025
UBS Kevin Mcveigh 29% 1-year accuracy 4 / 14 met price target	2% upside $155	Neutral Maintained	4 Mar 2025