Paycom Software (NYSE:PAYC) Price Target Raised to $145.00 at BMO Capital Markets

Paycom Software (NYSE:PAYC) had its price objective increased by research analysts at BMO Capital Markets from $137.00 to $145.00 in a research note issued to investors on Thursday. The firm presently has a “market perform” rating on the software maker’s stock. BMO Capital Markets’ target price indicates a potential upside of 14.92% from the company’s current price.

Several other equities analysts also recently commented on PAYC. KeyCorp cut their target price on Paycom Software from $250.00 to $195.00 and set an “overweight” rating for the company in a research report on Thursday, February 12th. UBS Group lowered their price target on Paycom Software from $210.00 to $183.00 and set a “buy” rating on the stock in a research report on Tuesday, April 21st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Paycom Software in a report on Friday, May 1st. Jefferies Financial Group cut their price target on Paycom Software from $190.00 to $130.00 and set a “hold” rating for the company in a report on Thursday, February 12th. Finally, Guggenheim decreased their price objective on shares of Paycom Software from $210.00 to $180.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Five analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $169.36.

Paycom Software Price Performance

PAYC opened at $126.18 on Thursday. The company has a market capitalization of $6.01 billion, a P/E ratio of 15.60, a P/E/G ratio of 1.39 and a beta of 0.77. The firm’s fifty day moving average price is $125.45 and its two-hundred day moving average price is $146.62. Paycom Software has a fifty-two week low of $104.90 and a fifty-two week high of $267.76.

Paycom Software (NYSE:PAYC) last announced its quarterly earnings data on Wednesday, February 11th. The software maker reported $2.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.44 by $0.01. The company had revenue of $544.30 million during the quarter, compared to analysts’ expectations of $542.79 million. Paycom Software had a net margin of 22.10% and a return on equity of 24.25%. The business’s revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.32 EPS. On average, equities research analysts expect that Paycom Software will post 8.59 EPS for the current fiscal year.

Institutional Trading of Paycom Software

Several institutional investors and hedge funds have recently made changes to their positions in PAYC. Brighton Jones LLC bought a new position in Paycom Software during the fourth quarter worth about $638,000. AQR Capital Management LLC boosted its position in shares of Paycom Software by 23.7% during the first quarter. AQR Capital Management LLC now owns 19,155 shares of the software maker’s stock worth $4,136,000 after purchasing an additional 3,674 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Paycom Software in the 1st quarter valued at $215,000. Empowered Funds LLC grew its holdings in shares of Paycom Software by 22.8% in the 1st quarter. Empowered Funds LLC now owns 7,958 shares of the software maker’s stock valued at $1,739,000 after buying an additional 1,480 shares during the period. Finally, Focus Partners Wealth increased its position in shares of Paycom Software by 220.8% in the 1st quarter. Focus Partners Wealth now owns 3,940 shares of the software maker’s stock valued at $861,000 after buying an additional 2,712 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Paycom Software News Roundup

Here are the key news stories impacting Paycom Software this week:

• Positive Sentiment: Paycom announced a quarterly cash dividend of $0.375 per share and a new $2.0 billion share‑repurchase program, which boosts capital-return potential and supports per‑share metrics. Article Title
• Positive Sentiment: Separately reported authorization of a $2.0B repurchase program was highlighted by MarketWatch, signaling management confidence and potential support for the stock over time. Article Title
• Positive Sentiment: Paycom expanded a $2.13 billion credit facility, improving liquidity and optionality to fund buybacks/dividends or other corporate uses — a factor that earlier lifted the stock. Article Title
• Neutral Sentiment: The company published its Q1 2026 results and commentary; management described execution on its strategy but guidance language in filings/updates was ambiguous in the feeds provided (revenue referenced around $2.2B, EPS guidance not clearly reported). Investors will watch the formal 10-Q/earnings transcript for clarity. Article Title
• Negative Sentiment: Reported EPS of $2.87 for the quarter missed consensus ($2.99), which, combined with any unclear forward EPS commentary, likely pressured the stock as investors reassessed near‑term growth and margins. Full release and metrics here. Press Release PDF

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.