Dec. 11, 2025•
Neutral
Natixis significantly increased its stake in Paychex, Inc. (NASDAQ:PAYX) by 270.1% during the second quarter, bringing its total holdings to 20,669 shares valued at approximately $3.01 million. Other institutional investors like Vanguard Group Inc., Charles Schwab Investment Management Inc., and Geode Capital Management LLC also increased their positions in the business services provider. Despite institutional buying, analysts have a mixed outlook on Paychex, with an average rating of "Reduce" and a consensus target price of $131.87.
Dec. 11, 2025•
Neutral
State Street Corp increased its holdings in Paychex, Inc. by 2.6% during the second quarter, acquiring an additional 355,294 shares and bringing its total ownership to 14,066,067 shares worth over $2 billion. Other institutional investors also adjusted their positions in PAYX. Wall Street analysts have issued a "Reduce" consensus rating with an average price target of $131.87 for Paychex, which recently announced a quarterly dividend of $1.08 per share.
Dec. 10, 2025•
Neutral
Investment Management Corp of Ontario significantly increased its stake in Paychex, Inc. (NASDAQ:PAYX) by 31.4% in the second quarter, now owning 56,086 shares valued at $8.16 million. Other hedge funds also adjusted their holdings in PAYX. The article also provides a summary of recent analyst ratings, financial performance metrics, and dividend information for Paychex.
Dec. 10, 2025•
Somewhat-Bullish
Ossiam significantly increased its holdings in Paychex, Inc. (NASDAQ:PAYX) by 198.3% in the second quarter, bringing its total ownership to 17,702 shares valued at $2.575 million. Several other institutional investors also adjusted their positions in Paychex, indicating continued institutional interest in the business services provider. Despite recent analyst downgrades and a "Reduce" consensus rating, Paychex reported strong Q4 earnings, beating analyst estimates and announcing a quarterly dividend of $1.08 per share.
Dec. 10, 2025•
Somewhat-Bullish
Paylocity (PCTY) shares have experienced a significant pullback, trading well below past year highs despite steady demand for its software and ongoing revenue/profit growth. While some narratives suggest the company is undervalued with a fair value of $194.16 due to strong client retention and margin expansion, others point to a rich P/E ratio compared to peers, indicating potential downside risk if sentiment deteriorates. Investors are now re-evaluating Paylocity's growth story and valuation as momentum cools.
Dec. 10, 2025•
Neutral
Axa S.A. reduced its stake in Paychex, Inc. (NASDAQ:PAYX) by 29.6% during the second quarter, selling 87,111 shares and owning 207,388 shares valued at $30.17 million. Despite this reduction, other institutional investors like State Street Corp. and Lombard Odier Asset Management Switzerland SA increased their holdings in Paychex. The company reported strong quarterly earnings, topping analyst estimates, and announced a quarterly dividend of $1.08 per share.
Dec. 10, 2025•
Somewhat-Bearish
BMO Capital analyst Daniel Jester has lowered the price target for Paychex (PAYX) to $121.00 from $140.00, while maintaining a "Market Perform" rating. This move reflects a broader trend of analysts revising their outlooks for Paychex, with other firms like Jefferies and TD Cowen also reducing price targets. Despite these adjustments, the average target price from 14 analysts still implies a 15.78% upside from the current price, and GuruFocus estimates a 45.14% upside based on its GF Value.
Dec. 9, 2025•
Neutral
BMO Capital has reiterated its Market Perform recommendation for Paychex (PAYX) with an average one-year price target of $134.38, suggesting a 19.50% upside from its last closing price. Institutional holdings show a slight decrease in overall shares owned, though the put/call ratio indicates a bullish outlook for the stock. The company's projected annual revenue is expected to increase by 0.50%, while non-GAAP EPS is forecasted to decrease by 4.73%.
Dec. 9, 2025•
Somewhat-Bearish
BMO Capital has lowered its price target for Paychex (PAYX) from $140.00 to $121.00, while maintaining a "Market Perform" rating, reflecting a 13.57% decrease. This adjustment is consistent with recent revisions by other analysts. Paychex is a technology company offering human capital management solutions, with its cloud-based payroll and HCM software, as well as administrative and professional employer organization services, contributing significantly to its revenue.
