Barclays Lowers Paycom Software (NYSE:PAYC) Price Target to $148.00

Paycom Software (NYSE:PAYC) had its price target reduced by analysts at Barclays from $150.00 to $148.00 in a report released on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the software maker’s stock. Barclays‘s price target points to a potential upside of 8.23% from the company’s previous close.

Several other equities analysts have also commented on the company. BTIG Research upped their target price on Paycom Software from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday. Citigroup lowered their price target on Paycom Software from $185.00 to $128.00 and set a “neutral” rating for the company in a research report on Friday, February 13th. Zacks Research raised Paycom Software from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 18th. KeyCorp lowered their price target 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. Finally, Jefferies Financial Group lowered their price target on Paycom Software from $190.00 to $130.00 and set a “hold” rating for the company in a research report on Thursday, February 12th. Five research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $159.67.

Paycom Software Stock Performance

Paycom Software stock opened at $136.75 on Thursday. The firm has a market capitalization of $6.52 billion, a P/E ratio of 15.81, a PEG ratio of 1.46 and a beta of 0.77. The stock has a fifty day moving average price of $125.83 and a 200 day moving average price of $146.19. Paycom Software has a 52 week low of $104.90 and a 52 week high of $267.76. The company has a current ratio of 1.08, a quick ratio of 1.09 and a debt-to-equity ratio of 0.83.

Paycom Software (NYSE:PAYC) last released its earnings results on Wednesday, May 6th. The software maker reported $3.15 EPS for the quarter, beating the consensus estimate of $2.99 by $0.16. The firm had revenue of $571.80 million during the quarter, compared to analyst estimates of $564.37 million. Paycom Software had a return on equity of 28.34% and a net margin of 22.44%.The business’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.80 earnings per share. Equities research analysts anticipate that Paycom Software will post 8.59 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PAYC. Reinhart Partners LLC. lifted its stake in shares of Paycom Software by 887.4% during the fourth quarter. Reinhart Partners LLC. now owns 598,323 shares of the software maker’s stock worth $95,351,000 after purchasing an additional 537,726 shares in the last quarter. Allianz Asset Management GmbH lifted its stake in shares of Paycom Software by 10,106.6% during the third quarter. Allianz Asset Management GmbH now owns 486,957 shares of the software maker’s stock worth $101,355,000 after purchasing an additional 482,186 shares in the last quarter. Contour Asset Management LLC acquired a new position in shares of Paycom Software during the fourth quarter worth about $60,333,000. Two Sigma Investments LP lifted its stake in shares of Paycom Software by 228.7% during the third quarter. Two Sigma Investments LP now owns 532,124 shares of the software maker’s stock worth $110,756,000 after purchasing an additional 370,219 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Paycom Software by 28.2% during the fourth quarter. Invesco Ltd. now owns 1,559,682 shares of the software maker’s stock worth $248,551,000 after purchasing an additional 343,494 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Key Paycom Software News

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

• Positive Sentiment: Paycom reported Q1 earnings and revenue ahead of expectations, with revenue up 7.8% year over year and margins improving, supporting the case that operating performance is still solid. Article Title
• Positive Sentiment: The company reaffirmed its 2026 outlook for revenue and adjusted EBITDA, which can reassure investors looking for visibility after earnings. Article Title
• Positive Sentiment: Paycom’s board approved a new $2 billion share repurchase authorization, and the company already bought back a large block of shares in Q1, signaling confidence in cash generation and potentially boosting per-share earnings. Article Title
• Positive Sentiment: Several firms raised price targets after the results, including TD Cowen, BTIG, Barclays, and Mizuho, reflecting improved analyst sentiment even though ratings remained mixed. Article Title
• Neutral Sentiment: Paycom’s annual meeting results showed shareholders backed the board, auditor, and executive pay, removing a potential governance overhang but not materially changing the business outlook. Article Title
• Neutral Sentiment: Analyst price-target changes were mixed overall, with some firms lifting targets while others, including Citigroup and Barclays, maintained more cautious stances. Article Title

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.