Rep. Rick W. Allen Sells Off Shares of Paychex, Inc. (NASDAQ:PAYX)

Representative Rick W. Allen (Republican-Georgia) recently sold shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on February 17th, the Representative disclosed that they had sold between $15,001 and $50,000 in Paychex stock on January 14th. The trade occurred in the Representative’s “LIVTR” account.

Representative Rick W. Allen also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of American Water Works (NYSE:AWK) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of S&P Global (NYSE:SPGI) on 1/14/2026.
• Purchased $15,001 – $50,000 in shares of Ferguson (NYSE:FERG) on 12/12/2025.
• Sold $1,001 – $15,000 in shares of Netflix (NASDAQ:NFLX) on 12/12/2025.

Paychex Stock Performance

Paychex stock opened at $87.39 on Tuesday. The company has a market cap of $31.37 billion, a price-to-earnings ratio of 19.82 and a beta of 0.90. Paychex, Inc. has a 12 month low of $87.04 and a 12 month high of $161.24. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.27 and a quick ratio of 1.27. The stock’s 50-day moving average is $105.82 and its 200-day moving average is $118.08.

Paychex (NASDAQ:PAYX) last posted its earnings results on Friday, December 19th. The business services provider reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.23 by $0.03. Paychex had a net margin of 26.45% and a return on equity of 46.38%. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.55 billion. During the same quarter in the prior year, the company earned $1.14 EPS. The company’s revenue was up 18.3% on a year-over-year basis. Paychex has set its FY 2026 guidance at 5.480-5.530 EPS. Equities analysts anticipate that Paychex, Inc. will post 4.99 earnings per share for the current year.

Paychex Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Wednesday, January 28th will be issued a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date is Wednesday, January 28th. Paychex’s dividend payout ratio is presently 97.96%.

Paychex announced that its Board of Directors has approved a stock buyback program on Friday, January 16th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the business services provider to repurchase up to 2.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

PAYX has been the subject of several recent research reports. Morgan Stanley dropped their price objective on shares of Paychex from $133.00 to $123.00 and set an “equal weight” rating for the company in a research report on Monday, December 22nd. Citigroup lowered their price target on Paychex from $139.00 to $120.00 and set a “neutral” rating for the company in a report on Monday, December 22nd. TD Cowen reissued a “hold” rating on shares of Paychex in a research report on Monday, December 1st. JPMorgan Chase & Co. decreased their target price on Paychex from $140.00 to $125.00 and set an “underweight” rating for the company in a research report on Monday, December 22nd. Finally, BMO Capital Markets lowered their target price on Paychex from $140.00 to $121.00 and set a “market perform” rating for the company in a research note on Tuesday, December 9th. One investment analyst has rated the stock with a Buy rating, thirteen have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Reduce” and a consensus price target of $123.94.

Institutional Trading of Paychex

Hedge funds and other institutional investors have recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Paychex by 26.3% in the 4th quarter. Brighton Jones LLC now owns 5,710 shares of the business services provider’s stock valued at $801,000 after acquiring an additional 1,190 shares during the last quarter. Bison Wealth LLC boosted its holdings in Paychex by 3.0% in the fourth quarter. Bison Wealth LLC now owns 4,035 shares of the business services provider’s stock worth $566,000 after purchasing an additional 117 shares during the period. Woodline Partners LP bought a new stake in Paychex during the first quarter valued at $3,333,000. Mutual Advisors LLC increased its stake in Paychex by 38.2% during the second quarter. Mutual Advisors LLC now owns 3,374 shares of the business services provider’s stock valued at $499,000 after purchasing an additional 932 shares during the last quarter. Finally, Quotient Wealth Partners LLC raised its holdings in shares of Paychex by 12.4% during the second quarter. Quotient Wealth Partners LLC now owns 1,822 shares of the business services provider’s stock worth $265,000 after purchasing an additional 201 shares during the period. 83.47% of the stock is owned by institutional investors.

About Representative Allen

Rick Allen (Republican Party) is a member of the U.S. House, representing Georgia’s 12th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Allen (Republican Party) ran for re-election to the U.S. House to represent Georgia’s 12th Congressional District. He won in the general election on November 5, 2024.

Allen was born in Augusta, Georgia, in 1951. He attended Auburn University in Alabama, graduating in 1973 with a B.S. in building construction.

After earning his degree, Allen worked as an estimator, project administrator and assistant to the president with a construction firm in Augusta. In 1976, he founded his own construction business, R. W. Allen & Associates, Inc. The company operates in six states across the country. In 2008, Allen was presented with the Augusta Metro Chamber of Commerce’s Small Business Person of the Year award.

Paychex Company Profile

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.