4,446 Shares in Paylocity Holding Corporation $PCTY Acquired by 111 Capital

111 Capital acquired a new position in shares of Paylocity Holding Corporation (NASDAQ:PCTY) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,446 shares of the software maker’s stock, valued at approximately $806,000.

Several other hedge funds and other institutional investors have also bought and sold shares of PCTY. Vanguard Group Inc. boosted its stake in Paylocity by 7.0% during the 1st quarter. Vanguard Group Inc. now owns 4,312,832 shares of the software maker’s stock worth $807,966,000 after acquiring an additional 283,430 shares during the last quarter. Zurich Insurance Group Ltd FI acquired a new stake in Paylocity during the 1st quarter worth approximately $47,998,000. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in Paylocity by 1,995.2% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 259,800 shares of the software maker’s stock worth $47,073,000 after buying an additional 247,400 shares during the period. TimesSquare Capital Management LLC acquired a new stake in Paylocity during the 1st quarter worth approximately $37,085,000. Finally, American Century Companies Inc. raised its holdings in Paylocity by 47.0% during the 1st quarter. American Century Companies Inc. now owns 514,194 shares of the software maker’s stock worth $96,329,000 after buying an additional 164,397 shares during the period. Institutional investors own 94.76% of the company’s stock.

Paylocity Trading Up 0.4%

PCTY stock opened at $155.65 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.14 and a quick ratio of 1.14. The company has a fifty day moving average price of $173.41 and a two-hundred day moving average price of $182.26. Paylocity Holding Corporation has a one year low of $151.71 and a one year high of $223.80. The stock has a market cap of $8.59 billion, a price-to-earnings ratio of 38.82, a price-to-earnings-growth ratio of 2.96 and a beta of 0.53.

Paylocity (NASDAQ:PCTY) last released its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.56 EPS for the quarter, topping analysts’ consensus estimates of $1.38 by $0.18. Paylocity had a net margin of 14.24% and a return on equity of 22.08%. The firm had revenue of $400.74 million during the quarter, compared to analysts’ expectations of $388.25 million. During the same period in the previous year, the business posted $1.48 earnings per share. The company’s revenue for the quarter was up 12.2% compared to the same quarter last year. Paylocity has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Equities analysts anticipate that Paylocity Holding Corporation will post 4.36 EPS for the current year.

Analyst Ratings Changes

PCTY has been the topic of several research analyst reports. Jefferies Financial Group dropped their target price on shares of Paylocity from $235.00 to $225.00 and set a “buy” rating on the stock in a report on Wednesday, August 6th. Weiss Ratings restated a “hold (c)” rating on shares of Paylocity in a report on Saturday, September 27th. Raymond James Financial set a $220.00 target price on shares of Paylocity and gave the stock an “outperform” rating in a report on Wednesday, July 30th. Barclays dropped their target price on shares of Paylocity from $209.00 to $190.00 and set an “equal weight” rating on the stock in a report on Monday, July 21st. Finally, KeyCorp raised their target price on shares of Paylocity from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Paylocity currently has an average rating of “Moderate Buy” and an average target price of $221.59.

Paylocity Profile

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.