PaychexPAYX
PAYX
About: Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, founded in 1971, services over 745,000 clients and pays 1 in 12 US private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
Employees: 16,500
0
Funds holding %
of 7,425 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
156% more first-time investments, than exits
New positions opened: 182 | Existing positions closed: 71
44% more funds holding in top 10
Funds holding in top 10: 16 [Q3] → 23 (+7) [Q4]
9% more capital invested
Capital invested by funds: $36.8B [Q3] → $40.3B (+$3.47B) [Q4]
5% more funds holding
Funds holding: 1,520 [Q3] → 1,600 (+80) [Q4]
1.09% more ownership
Funds ownership: 76.51% [Q3] → 77.6% (+1.09%) [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: 580 | Existing positions reduced: 557
Research analyst outlook
5 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
5 analyst ratings
0 positive
0%
5 neutral
100%
0 negative
0%
Barclays Ramsey El-Assal 52% 1-year accuracy 34 / 65 met price target | 2%upside $155 | Equal-Weight Maintained | 31 Mar 2025 |
Morgan Stanley James Faucette 64% 1-year accuracy 14 / 22 met price target | 6%downside $142 | Equal-Weight Maintained | 27 Mar 2025 |
Citigroup Peter Christiansen 36% 1-year accuracy 5 / 14 met price target | 4%upside $158 | Neutral Maintained | 27 Mar 2025 |
Stifel Bryan Bergin 38% 1-year accuracy 8 / 21 met price target | 3%upside $156 | Hold Maintained | 27 Mar 2025 |
UBS Kevin Mcveigh 20% 1-year accuracy 3 / 15 met price target | 2%upside $155 | Neutral Maintained | 4 Mar 2025 |
Financial journalist opinion
Based on 7 articles about PAYX published over the past 30 days
Positive
Seeking Alpha
5 days ago
4 Upcoming Dividend Increases
I focus on dividend increases by quality companies, as they indicate strong financial health and stability, providing both income and total returns for investors. My list combines data from the “U.S. Dividend Champions” spreadsheet and NASDAQ, highlighting companies with at least 5 years of dividend growth history. I compare companies against the Schwab U.S. Dividend Equity ETF and only invest in stocks that significantly outperform this benchmark.
Neutral
The Motley Fool
5 days ago
With Paychex Near Its 52-Week High, Should Investors Buy It Right Now?
The payroll processing company is attracting investors because of its high retention ratio.
Neutral
Business Wire
1 week ago
Paychex Declares a 10% Increase to Quarterly Cash Dividend
ROCHESTER, N.Y.--(BUSINESS WIRE)--The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $1.08 per share, an increase of $0.10 (or 10%) from the prior quarterly dividend of $0.98 per share, payable on May 29, 2025 to shareholders of record as of May 12, 2025. “The increase to our dividend reflects the strength of our financial performance and free cash flow generation as well as the continued confidence in the future of our business,” said.
Neutral
Business Wire
2 weeks ago
U.S. Small Business Job Growth Remains Consistent in April
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, job growth in U.S. small businesses with fewer than 50 employees ticked up slightly in April, gaining 0.27 percentage points to an index level of 100.02. The Small Business Jobs Index, a primary component of the Employment Watch report, has averaged 99.99 over the past 12 months, indicating little change in small business labor market over the last year. Hourly earnings growth for U.S. small business wor.
Negative
Zacks Investment Research
2 weeks ago
Why Is Paychex (PAYX) Down 5% Since Last Earnings Report?
Paychex (PAYX) reported earnings 30 days ago. What's next for the stock?
Positive
PYMNTS
4 weeks ago
Paychex Acquires Paycor in $4.1 Billion Deal
Human capital management (HCM) firm Paychex has announced its acquisition of Paycor HCM, a software company providing HCM, payroll and talent services.
Neutral
Business Wire
4 weeks ago
Paychex Completes Acquisition of Paycor
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company, today announced the successful completion of its acquisition of Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of HCM, payroll and talent software. “The Paycor acquisition unites two industry leaders with unrivaled AI-enabled technology supported by world-class service and advisory capabilities,” said John Gibson, Paychex president and CEO. “Tog.
Neutral
Business Wire
1 month ago
Paychex, Inc. Announces Pricing of its Senior Notes
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) today announced the pricing of a public offering of $4.2 billion aggregate principal amount of senior notes, consisting of $1.5 billion aggregate principal amount of 5.100% notes due 2030, $1.5 billion aggregate principal amount of 5.350% notes due 2032, and $1.2 billion aggregate principal amount of 5.600% notes due 2035. The offering is expected to close on or about April 10, 2025, subject to the satisfaction of customary closing.
Neutral
Seeking Alpha
1 month ago
Automatic Data Processing Vs. Paychex: Recession Risk Tests Resilience
Automatic Data Processing and Paychex are high-quality payroll and HR service providers with strong client retention, but both face new macroeconomic risks. ADP's global scale, tech investments, and dividend growth appeal make it a reliable, cash-generating business, despite its persistently high valuation metrics. PAYX's Paycor acquisition will expand its mid-market reach and product depth, but integration and SMB reliance pose risks.
Neutral
Business Wire
1 month ago
Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--The Paychex Small Business Employment Watch, which includes the Paychex Small Business Jobs Index as a measure of employment growth among U.S. businesses with fewer than 50 employees, showed job growth continued at levels seen over the last several quarters at 99.75 in March. Meanwhile, Paychex wage data revealed the hourly earnings growth rate (2.91%) for workers in U.S. small businesses remained essentially unchanged in March from the previous month. “Accordi.
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