Paycom Software (NYSE:PAYC) Price Target Raised to $210.00

Paycom Software (NYSE:PAYC) had its price target lifted by Barclays from $154.00 to $210.00 in a research report sent to investors on Thursday morning,Benzinga reports. They currently have an equal weight rating on the software maker’s stock.

A number of other equities analysts have also recently commented on PAYC. Citigroup boosted their price target on Paycom Software from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. BTIG Research raised their price objective on Paycom Software from $160.00 to $230.00 and gave the company a “buy” rating in a research note on Thursday. Mizuho lifted their target price on Paycom Software from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Weiss Ratings raised Paycom Software from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 16th. Finally, Guggenheim increased their target price on shares of Paycom Software from $180.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $204.69.

Paycom Software Stock Performance

Shares of NYSE:PAYC opened at $214.52 on Thursday. The company’s 50 day simple moving average is $144.49 and its 200 day simple moving average is $134.69. The stock has a market capitalization of $10.22 billion, a price-to-earnings ratio of 22.80, a price-to-earnings-growth ratio of 1.81 and a beta of 0.76. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.08. Paycom Software has a 1 year low of $104.90 and a 1 year high of $234.60.

Paycom Software (NYSE:PAYC) last released its earnings results on Wednesday, August 5th. The software maker reported $2.78 earnings per share for the quarter, topping the consensus estimate of $2.38 by $0.40. Paycom Software had a return on equity of 37.06% and a net margin of 22.78%.The firm had revenue of $531.20 million during the quarter, compared to analysts’ expectations of $513.12 million. During the same period in the prior year, the company earned $2.06 earnings per share. The company’s quarterly revenue was up 9.8% on a year-over-year basis. As a group, research analysts predict that Paycom Software will post 9.53 EPS for the current fiscal year.

Paycom Software Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.50 annualized dividend and a dividend yield of 0.7%. Paycom Software’s dividend payout ratio (DPR) is 15.94%.

Hedge Funds Weigh In On Paycom Software

Institutional investors and hedge funds have recently bought and sold shares of the company. CYBER HORNET ETFs LLC bought a new position in Paycom Software in the 2nd quarter valued at approximately $29,000. MUFG Securities EMEA plc acquired a new stake in Paycom Software during the 2nd quarter worth approximately $33,000. Brown Brothers Harriman & Co. grew its holdings in Paycom Software by 190.6% during the 4th quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker’s stock worth $25,000 after acquiring an additional 101 shares during the last quarter. Palisade Asset Management LLC bought a new stake in Paycom Software during the 3rd quarter worth approximately $33,000. Finally, Clearstead Advisors LLC increased its position in Paycom Software by 140.3% in the 4th quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock valued at $26,000 after acquiring an additional 94 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Paycom Software News Summary

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

• Positive Sentiment: Q2 results exceeded expectations: Paycom reported $531.2 million in revenue, up 9.8% year over year, and $2.78 in non-GAAP EPS, beating consensus estimates. Recurring sales growth and expanding margins added to the positive reaction. Paycom’s Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: Management raised its 2026 forecast: Paycom now expects revenue of approximately $2.197 billion to $2.212 billion and adjusted EBITDA of $1.007 billion to $1.022 billion. Free cash flow is expected to exceed $650 million, supporting the improved earnings outlook. Paycom forecasts 2026 revenue and EBITDA
• Positive Sentiment: Automation and AI are improving profitability: Management highlighted savings from automation, internally hosted AI models, and new product releases as drivers of operating leverage and demand for Paycom’s employee-management services. Paycom raises annual forecast on AI-driven demand
• Positive Sentiment: Analysts lifted price targets: KeyBanc raised its target to $270 with an overweight rating, while TD Cowen raised its target to $244 and upgraded the stock to buy. BTIG also increased its target to $230 and maintained a buy rating. Paycom Software analysts boost forecasts
• Neutral Sentiment: Capital returns remain supportive: Paycom repurchased roughly 2.57 million shares for $345.9 million during the quarter, which may enhance per-share results but also reflects substantial cash deployment.
• Negative Sentiment: Some analysts remain cautious at the higher valuation: Barclays, BMO, Stifel, UBS, and Cantor Fitzgerald raised targets but retained neutral or hold-equivalent ratings, with targets ranging from $195 to $210—below the recent market level. Mixed institutional positioning also suggests not all investors share the bullish view.

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.