Skandinaviska Enskilda Banken AB publ Has $35.79 Million Stock Holdings in Paylocity Holding Corporation $PCTY

Skandinaviska Enskilda Banken AB publ lifted its position in Paylocity Holding Corporation (NASDAQ:PCTY) by 0.2% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 197,515 shares of the software maker’s stock after buying an additional 456 shares during the quarter. Skandinaviska Enskilda Banken AB publ owned about 0.36% of Paylocity worth $35,789,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Associated Banc Corp raised its holdings in Paylocity by 4.5% in the 1st quarter. Associated Banc Corp now owns 1,207 shares of the software maker’s stock worth $226,000 after acquiring an additional 52 shares during the period. DekaBank Deutsche Girozentrale grew its position in shares of Paylocity by 0.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 6,148 shares of the software maker’s stock valued at $1,097,000 after purchasing an additional 54 shares during the last quarter. Cresset Asset Management LLC increased its stake in shares of Paylocity by 2.4% in the first quarter. Cresset Asset Management LLC now owns 2,613 shares of the software maker’s stock worth $490,000 after purchasing an additional 62 shares during the period. Verdence Capital Advisors LLC lifted its position in shares of Paylocity by 5.7% during the 2nd quarter. Verdence Capital Advisors LLC now owns 1,205 shares of the software maker’s stock worth $218,000 after purchasing an additional 65 shares during the last quarter. Finally, ProShare Advisors LLC boosted its stake in Paylocity by 3.3% during the 2nd quarter. ProShare Advisors LLC now owns 2,055 shares of the software maker’s stock valued at $372,000 after purchasing an additional 65 shares during the period. 94.76% of the stock is owned by institutional investors.

Insider Buying and Selling at Paylocity

In other Paylocity news, CFO Ryan Glenn sold 1,737 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $143.65, for a total value of $249,520.05. Following the transaction, the chief financial officer directly owned 77,229 shares in the company, valued at $11,093,945.85. The trade was a 2.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 19.40% of the company’s stock.

Paylocity Stock Up 0.3%

NASDAQ PCTY opened at $147.33 on Friday. Paylocity Holding Corporation has a 1-year low of $135.46 and a 1-year high of $223.80. The company has a market capitalization of $8.01 billion, a price-to-earnings ratio of 36.93, a PEG ratio of 4.40 and a beta of 0.58. The stock’s 50 day moving average is $150.44 and its two-hundred day moving average is $171.29. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.07.

Paylocity (NASDAQ:PCTY) last issued its earnings results on Tuesday, November 4th. The software maker reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.23. Paylocity had a return on equity of 22.07% and a net margin of 13.75%.The business had revenue of $408.17 million during the quarter, compared to analysts’ expectations of $399.53 million. During the same period in the prior year, the firm posted $1.66 EPS. Paylocity’s quarterly revenue was up 12.5% compared to the same quarter last year. Paylocity has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities analysts forecast that Paylocity Holding Corporation will post 4.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on PCTY shares. Guggenheim upgraded Paylocity from a “neutral” rating to a “buy” rating and set a $180.00 price target for the company in a report on Monday, November 10th. Citizens Jmp cut their target price on shares of Paylocity from $270.00 to $245.00 and set a “market outperform” rating for the company in a research note on Wednesday, November 5th. Cowen restated a “buy” rating on shares of Paylocity in a research report on Monday, October 6th. Barclays cut their price objective on shares of Paylocity from $195.00 to $175.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 21st. Finally, Jefferies Financial Group lowered their price target on Paylocity from $225.00 to $180.00 and set a “buy” rating on the stock in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Paylocity has a consensus rating of “Moderate Buy” and a consensus price target of $207.83.

About Paylocity

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.