Boston Trust Walden Corp Sells 11,170 Shares of Paycom Software, Inc. $PAYC

Boston Trust Walden Corp reduced its stake in Paycom Software, Inc. (NYSE:PAYC) by 3.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 295,322 shares of the software maker’s stock after selling 11,170 shares during the period. Boston Trust Walden Corp owned about 0.66% of Paycom Software worth $64,277,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in PAYC. BlackRock Inc. purchased a new stake in Paycom Software in the second quarter worth about $632,460,000. Bank of New York Mellon Corp purchased a new stake in shares of Paycom Software in the second quarter worth $42,858,000. Equity Investment Corp bought a new stake in Paycom Software during the 2nd quarter valued at about $37,085,000. Bank of America Corp DE bought a new stake in shares of Paycom Software during the second quarter valued at approximately $34,146,000. Finally, Reinhart Partners LLC. raised its stake in shares of Paycom Software by 20.1% in the second quarter. Reinhart Partners LLC. now owns 1,219,906 shares of the software maker’s stock worth $153,320,000 after purchasing an additional 204,191 shares during the last quarter. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Wall Street Analysts Forecast Growth

PAYC has been the subject of a number of research reports. Stifel Nicolaus boosted their target price on shares of Paycom Software from $120.00 to $200.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. JPMorgan Chase & Co. increased their target price on Paycom Software from $140.00 to $264.00 and gave the company a “neutral” rating in a report on Tuesday, August 25th. TD Cowen raised their target price on Paycom Software from $244.00 to $286.00 and gave the stock a “buy” rating in a research report on Friday, October 2nd. Jefferies Financial Group boosted their price target on Paycom Software from $160.00 to $300.00 and gave the company a “hold” rating in a research note on Tuesday, October 27th. Finally, Zacks Research downgraded Paycom Software from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Five analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $256.21.

Insider Buying and Selling at Paycom Software

In related news, insider Shane Hadlock sold 2,577 shares of the firm’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $237.60, for a total transaction of $612,295.20. Following the completion of the transaction, the insider directly owned 70,152 shares of the company’s stock, valued at approximately $16,668,115.20. This trade represents a 3.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 13.20% of the company’s stock.

Paycom Software Trading Up 2.1%

Shares of PAYC stock opened at $268.39 on Thursday. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.07 and a current ratio of 1.07. The stock has a fifty day simple moving average of $237.97 and a two-hundred day simple moving average of $165.78. The firm has a market capitalization of $12.10 billion, a PE ratio of 28.52, a PEG ratio of 1.41 and a beta of 0.75. Paycom Software, Inc. has a 52-week low of $104.90 and a 52-week high of $275.22.

Paycom Software (NYSE:PAYC) last announced its quarterly earnings data on Wednesday, November 4th. The software maker reported $3.37 EPS for the quarter, beating the consensus estimate of $2.81 by $0.56. Paycom Software had a return on equity of 37.06% and a net margin of 22.78%. The business had revenue of $543.80 million for the quarter, compared to the consensus estimate of $535.26 million. During the same period in the previous year, the business earned $1.94 earnings per share. The business’s revenue was up 10.2% on a year-over-year basis. On average, analysts predict that Paycom Software, Inc. will post 10.80 EPS for the current fiscal year.

Paycom Software Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 7th. Investors of record on Monday, November 23rd will be given a dividend of $0.3750 per share. The ex-dividend date is Monday, November 23rd. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.6%. Paycom Software’s dividend payout ratio is currently 15.94%.

Paycom Software News Roundup

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

• Positive Sentiment: Paycom reported earnings per share of $3.37, topping the $2.81 consensus estimate by $0.56. Revenue was $543.8 million, above the $535.26 million forecast and up 10.2% from a year earlier. The earnings and revenue beats, along with higher year-over-year profit, may support investor sentiment. Paycom Software, Inc. Reports Third Quarter 2026 Results
• Neutral Sentiment: Paycom declared a quarterly dividend of $0.375 per share, payable December 7 to shareholders of record November 23. The payout is unchanged, equivalent to $1.50 annually and a yield of about 0.6%, offering a modest income component but no increase in the dividend. Paycom Software Keeps Quarterly Dividend at $0.375 a Share

Paycom Software Company Profile

Paycom Software, Inc is a provider of cloud-based human capital management (HCM) software designed to help businesses manage employee-related processes through a unified platform. Its solutions support payroll, human resources, talent acquisition and management, time and labor management, compliance, and employee engagement.

The company’s software is intended to allow employers and employees to enter and manage workforce information within a single system. Its offerings include payroll processing, benefits administration, expense management, scheduling, performance management, learning, and recruiting tools.