Paymentus Holdings, Inc. $PAY Position Lowered by Sterling Capital Management LLC

Sterling Capital Management LLC cut its position in shares of Paymentus Holdings, Inc. (NYSE:PAY) by 94.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,981 shares of the business services provider’s stock after selling 32,893 shares during the period. Sterling Capital Management LLC’s holdings in Paymentus were worth $61,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PAY. Nisa Investment Advisors LLC raised its holdings in Paymentus by 71.9% in the third quarter. Nisa Investment Advisors LLC now owns 1,435 shares of the business services provider’s stock worth $44,000 after purchasing an additional 600 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new position in Paymentus during the third quarter valued at $721,000. State of Alaska Department of Revenue purchased a new position in Paymentus during the third quarter valued at $63,000. Seelaus Asset Management LLC purchased a new position in Paymentus during the third quarter valued at $272,000. Finally, Engineers Gate Manager LP bought a new stake in shares of Paymentus during the 2nd quarter valued at $367,000. 78.38% of the stock is owned by hedge funds and other institutional investors.

Paymentus Stock Down 11.3%

Paymentus stock opened at $31.07 on Wednesday. The company has a market capitalization of $3.91 billion, a P/E ratio of 42.57 and a beta of 1.35. The stock’s 50 day moving average is $33.46 and its 200 day moving average is $28.84. Paymentus Holdings, Inc. has a twelve month low of $20.11 and a twelve month high of $45.31.

Paymentus (NYSE:PAY) last announced its quarterly earnings data on Monday, November 2nd. The business services provider reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.04. The business had revenue of $372.18 million during the quarter, compared to analysts’ expectations of $358.87 million. Paymentus had a return on equity of 16.54% and a net margin of 6.65%. The firm’s quarterly revenue was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 earnings per share. As a group, equities analysts expect that Paymentus Holdings, Inc. will post 0.77 EPS for the current year.

Paymentus News Roundup

Here are the key news stories impacting Paymentus this week:

• Positive Sentiment: For Q3 2026, Paymentus reported adjusted earnings of $0.25 per share, above estimates of roughly $0.21–$0.22, and revenue of $372.2 million, exceeding the $358.9 million consensus estimate. Revenue rose 19.8% year over year, while adjusted EBITDA increased 38.6% to $49.7 million. Paymentus Reports Third Quarter 2026 Financial Results
• Positive Sentiment: Paymentus forecast Q4 revenue of $373 million to $378 million, a range whose midpoint is slightly above analysts’ $374.4 million estimate. Its full-year revenue outlook was reported at $1.464 billion to $1.469 billion—approximately $1.5 billion when rounded—and the company pointed to potential revenue of about $2 billion and backlog opportunities in the next 18–24 months. Paymentus revenue outlook
• Positive Sentiment: The company was named a best-in-class billing and payments solution provider in a Datos Insights market evaluation, a third-party recognition of its competitive position. Paymentus named best-in-class provider
• Negative Sentiment: Despite the earnings beat, coverage highlighted a potential sharp growth slowdown as a key issue for investors. With the revenue outlook near consensus rather than a substantial upside surprise, concerns about the pace of future growth could limit enthusiasm for the results. Paymentus growth outlook analysis

Analyst Ratings Changes

A number of research firms have recently weighed in on PAY. Yorkville Ives started coverage on shares of Paymentus in a research report on Tuesday, October 6th. They issued an “outperform” rating and a $40.00 target price on the stock. Weiss Ratings lowered shares of Paymentus from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Freedom Broker raised shares of Paymentus to a “strong-buy” rating in a research report on Tuesday, September 15th. The Goldman Sachs Group lifted their price target on shares of Paymentus from $32.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday, August 4th. Finally, Robert W. Baird boosted their price objective on shares of Paymentus from $34.00 to $38.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 4th. Two research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Paymentus presently has a consensus rating of “Moderate Buy” and an average target price of $38.86.

Paymentus Profile

Paymentus Holdings, Inc is a technology company that provides cloud-based bill payment and electronic billing solutions. Its platform enables organizations to present bills, collect payments and communicate with customers through digital channels, including web and mobile applications, text messaging, interactive voice response, payment kiosks and customer service representatives.

The company primarily serves billers in industries such as utilities, financial services, government, telecommunications, insurance and other recurring-payment sectors.