Jefferies Financial Group Cuts Paycom Software (NYSE:PAYC) Price Target to $130.00

Paycom Software (NYSE:PAYC) had its target price cut by Jefferies Financial Group from $190.00 to $130.00 in a report issued on Thursday,Benzinga reports. They currently have a hold rating on the software maker’s stock.

Other analysts have also issued reports about the company. Zacks Research lowered Paycom Software from a “hold” rating to a “strong sell” rating in a research report on Tuesday, January 20th. BTIG Research dropped their price objective on Paycom Software from $195.00 to $140.00 and set a “buy” rating on the stock in a report on Thursday. Guggenheim cut their target price on Paycom Software from $210.00 to $180.00 and set a “buy” rating on the stock in a research report on Thursday. TD Cowen decreased their price target on shares of Paycom Software from $200.00 to $184.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Finally, BMO Capital Markets dropped their price target on shares of Paycom Software from $175.00 to $137.00 and set a “market perform” rating for the company in a research note on Thursday. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Paycom Software presently has a consensus rating of “Hold” and an average target price of $168.57.

Paycom Software Stock Up 4.8%

PAYC opened at $125.56 on Thursday. The firm’s 50 day moving average is $150.22 and its 200-day moving average is $183.72. Paycom Software has a 52-week low of $104.90 and a 52-week high of $267.76. The firm 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.

Paycom Software (NYSE:PAYC) last announced its earnings results on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.01. Paycom Software had a net margin of 22.10% and a return on equity of 24.25%. The business had revenue of $544.30 million during the quarter, compared to the consensus estimate of $542.79 million. During the same period in the prior year, the firm earned $2.32 earnings per share. The business’s quarterly revenue was up 10.2% compared to the same quarter last year. Equities analysts expect that Paycom Software will post 7.15 earnings per share for the current fiscal year.

Paycom Software Announces Dividend

The firm 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 dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Monday, March 9th. Paycom Software’s dividend payout ratio is 18.54%.

Insider Activity at Paycom Software

In related news, CFO Robert D. Foster sold 1,300 shares of the business’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $162.66, for a total transaction of $211,458.00. Following the completion of the sale, the chief financial officer owned 14,747 shares of the company’s stock, valued at $2,398,747.02. This represents a 8.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 10.90% of the company’s stock.

Hedge Funds Weigh In On Paycom Software

A number of hedge funds and other institutional investors have recently bought and sold shares of PAYC. Marshall Wace LLP acquired a new stake in shares of Paycom Software during the 4th quarter worth approximately $17,624,000. Bridgewater Associates LP increased its position in Paycom Software by 588.3% in the fourth quarter. Bridgewater Associates LP now owns 40,295 shares of the software maker’s stock worth $6,421,000 after buying an additional 34,441 shares during the period. Bridgefront Capital LLC bought a new stake in Paycom Software in the fourth quarter valued at $324,000. Bank of Nova Scotia boosted its holdings in shares of Paycom Software by 26.1% during the fourth quarter. Bank of Nova Scotia now owns 7,904 shares of the software maker’s stock valued at $1,260,000 after acquiring an additional 1,634 shares during the period. Finally, Public Sector Pension Investment Board grew its position in shares of Paycom Software by 48.4% during the fourth quarter. Public Sector Pension Investment Board now owns 6,111 shares of the software maker’s stock worth $974,000 after acquiring an additional 1,993 shares during the last quarter. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Paycom Software News Summary

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

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.