Cantor Fitzgerald Cuts Paycom Software (NYSE:PAYC) Price Target to $115.00

Paycom Software (NYSE:PAYC) had its price objective trimmed by Cantor Fitzgerald from $135.00 to $115.00 in a research note released on Thursday morning,Benzinga reports. The firm currently has a neutral rating on the software maker’s stock.

A number of other brokerages have also weighed in on PAYC. UBS Group lowered their price objective on Paycom Software from $245.00 to $210.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Citigroup reduced their price target on Paycom Software from $191.00 to $185.00 and set a “neutral” rating for the company in a report on Tuesday, December 23rd. Jefferies Financial Group dropped their price objective on Paycom Software from $225.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, November 6th. BTIG Research cut their price objective on Paycom Software from $195.00 to $140.00 and set a “buy” rating for the company in a research report on Thursday. Finally, KeyCorp reduced their target price on Paycom Software from $250.00 to $195.00 and set an “overweight” rating for the company in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $168.57.

Paycom Software Stock Performance

Shares of PAYC opened at $125.56 on Thursday. The stock has a market capitalization of $7.07 billion, a P/E ratio of 15.52, a P/E/G ratio of 1.31 and a beta of 0.79. The company’s fifty day moving average is $150.22 and its two-hundred day moving average is $183.72. Paycom Software has a 1 year low of $104.90 and a 1 year high of $267.76.

Paycom Software (NYSE:PAYC) last released its earnings results on Wednesday, February 11th. The software maker reported $2.45 EPS for the quarter, topping the consensus estimate 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 last year, the business earned $2.32 EPS. Sell-side analysts predict that Paycom Software will post 7.15 EPS for the current year.

Paycom Software Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Monday, March 9th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.50 annualized dividend and a yield of 1.2%. Paycom Software’s dividend payout ratio is 18.54%.

Insider Activity

In other news, CFO Robert D. Foster sold 1,300 shares of Paycom Software stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $162.66, for a total transaction of $211,458.00. Following the completion of the transaction, the chief financial officer owned 14,747 shares of the company’s stock, valued at $2,398,747.02. The trade was a 8.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 10.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On Paycom Software

Hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in shares of Paycom Software in the fourth quarter valued at approximately $638,000. AQR Capital Management LLC raised its holdings in shares of Paycom Software by 23.7% in the first quarter. AQR Capital Management LLC now owns 19,155 shares of the software maker’s stock worth $4,136,000 after acquiring an additional 3,674 shares during the last quarter. United Services Automobile Association purchased a new stake in shares of Paycom Software in the first quarter valued at $215,000. Empowered Funds LLC boosted its stake in shares of Paycom Software by 22.8% during the first quarter. Empowered Funds LLC now owns 7,958 shares of the software maker’s stock valued at $1,739,000 after acquiring an additional 1,480 shares during the last quarter. Finally, Focus Partners Wealth increased its position in Paycom Software by 220.8% during the 1st quarter. Focus Partners Wealth now owns 3,940 shares of the software maker’s stock worth $861,000 after purchasing an additional 2,712 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

More Paycom Software News

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

• Positive Sentiment: Q4 results topped estimates: PAYC reported $2.45 EPS and revenue up ~10% y/y, beating consensus and showing margin expansion — supportive near‑term fundamentals. Article Title
• Positive Sentiment: Independent study highlights product ROI: A Forrester‑commissioned study found Paycom’s IWant AI delivers significant three‑year ROI for clients — a credibility boost for growth/product story. Article Title
• Positive Sentiment: Some analysts remain bullish: Guggenheim, KeyCorp and BTIG maintained buy/overweight views (despite trimming targets), signaling pockets of conviction that upside remains for longer‑term investors. Article Title
• Neutral Sentiment: Market commentary and idea pieces: Several outlets (Zacks, Seeking Alpha, Barchart) frame PAYC as a potential value/recovery play after the selloff — useful for investors assessing risk/reward but not immediate catalysts. Article Title
• Negative Sentiment: Weak 2026 revenue guidance spooked investors: Paycom’s FY‑2026 revenue outlook was perceived as conservative/short of consensus, which triggered the initial selloff and remains the primary negative catalyst. Article Title
• Negative Sentiment: Multiple analyst price‑target cuts and neutral/hold moves: Several firms (Citigroup, Jefferies, Cantor Fitzgerald, Mizuho, BMO and others) lowered targets and moved to neutral/hold — increasing selling pressure and signaling reduced near‑term expectations. Article Title
• Negative Sentiment: Shares reached a fresh near‑term low after guidance and analyst reactions, amplifying momentum selling and headline sensitivity. Article Title

About Paycom Software

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.