Paycom Software (NYSE:PAYC) Given New $195.00 Price Target at KeyCorp

Paycom Software (NYSE:PAYC) had its target price dropped by equities researchers at KeyCorp from $250.00 to $195.00 in a report released on Thursday,Benzinga reports. The brokerage currently has an “overweight” rating on the software maker’s stock. KeyCorp’s price target would suggest a potential upside of 64.77% from the company’s previous close.

Other analysts also recently issued reports about the company. Barclays reduced their price target on Paycom Software from $210.00 to $185.00 and set an “equal weight” rating for the company in a research note on Monday, January 12th. TD Cowen decreased their price objective on Paycom Software from $200.00 to $184.00 and set a “buy” rating for the company in a report on Thursday, January 8th. BMO Capital Markets lowered their price objective on Paycom Software from $175.00 to $137.00 and set a “market perform” rating for the company in a research report on Thursday. UBS Group reduced their price target on shares of Paycom Software from $245.00 to $210.00 and set a “buy” rating for the company in a report on Monday, January 26th. Finally, Weiss Ratings downgraded shares of Paycom Software from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 3rd. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $188.00.

Paycom Software Price Performance

Shares of NYSE PAYC traded down $0.36 during trading hours on Thursday, reaching $118.35. The stock had a trading volume of 898,525 shares, compared to its average volume of 1,194,737. The company has a market cap of $6.66 billion, a price-to-earnings ratio of 14.73, a PEG ratio of 1.31 and a beta of 0.79. Paycom Software has a twelve month low of $104.90 and a twelve month high of $267.76. The business’s fifty day moving average is $151.96 and its two-hundred day moving average is $185.32.

Paycom Software (NYSE:PAYC) last issued its quarterly earnings data on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.01. The firm had revenue of $517.10 million for the quarter, compared to analysts’ expectations of $542.79 million. Paycom Software had a net margin of 22.65% and a return on equity of 24.79%. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.32 earnings per share. Sell-side analysts forecast that Paycom Software will post 7.15 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Paycom Software news, CFO Robert D. Foster sold 1,300 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $162.66, for a total value of $211,458.00. Following the completion of the transaction, the chief financial officer owned 14,747 shares in the company, valued at approximately $2,398,747.02. This represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.90% of the company’s stock.

Institutional Trading of Paycom Software

Several institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. increased its position in shares of Paycom Software by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,802,788 shares of the software maker’s stock valued at $1,207,792,000 after purchasing an additional 179,218 shares during the last quarter. State Street Corp lifted its stake in Paycom Software by 2.8% in the third quarter. State Street Corp now owns 2,157,127 shares of the software maker’s stock worth $448,984,000 after acquiring an additional 59,217 shares during the period. Baillie Gifford & Co. lifted its holdings in Paycom Software by 10.3% during the third quarter. Baillie Gifford & Co. now owns 1,708,662 shares of the software maker’s stock worth $355,641,000 after buying an additional 158,967 shares during the period. Geode Capital Management LLC grew its stake in Paycom Software by 5.3% in the second quarter. Geode Capital Management LLC now owns 1,661,685 shares of the software maker’s stock valued at $383,265,000 after purchasing an additional 83,154 shares during the last quarter. Finally, Invesco Ltd. lifted its position in Paycom Software by 9.3% during the third quarter. Invesco Ltd. now owns 1,216,188 shares of the software maker’s stock valued at $253,137,000 after acquiring an additional 103,801 shares during the last quarter. Hedge funds and other institutional investors 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: Q4 EPS narrowly beat consensus — Paycom reported $2.45 EPS vs. a $2.44 consensus and showed year‑over‑year EPS growth, which limits the downside from the print. Zacks: Q4 Earnings and Revenues Beat
• Positive Sentiment: Board declared a regular quarterly cash dividend (0.375 per share), which supports shareholder income and may attract income‑oriented holders. Globe and Mail: Dividend Announcement
• Positive Sentiment: Some brokers remain constructive — BTIG reiterated a buy rating with a $140 target (still implying material upside from current levels), signaling at least some investor support. Benzinga
• Neutral Sentiment: Full Q4 earnings call transcript and company release are available for detail review; investors can use these to parse management commentary on bookings, churn and margin trends. Seeking Alpha: Q4 Earnings Call Transcript
• Neutral Sentiment: Official press release with full results and supplemental materials posted by the company for investor review. BusinessWire: Q4 Results
• Negative Sentiment: Revenue missed estimates — Q4 revenue was $517.1M vs. consensus near $542.8M, raising questions about demand momentum. Paycom Q4 Press Release
• Negative Sentiment: FY‑2026 revenue guidance was viewed as weak/underwhelming (management cited roughly $2.2B range), which fell short of some sell‑side expectations and triggered the selloff. Reuters: Forecasts Weak 2026 Revenue
• Negative Sentiment: Several analysts cut targets and/or trimmed estimates after the print (Mizuho to $120/neutral; BMO to $137/market perform; broader note on analysts lowering forecasts), increasing selling pressure. Benzinga: Analysts Lower Forecasts
• Negative Sentiment: Stock hit a 52‑week low amid the guidance and target cuts, reflecting deteriorating near‑term sentiment and prompting technical selling. Investing.com: 52‑Week Low

Paycom Software Company Profile

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.