Swedbank AB Trims Stock Holdings in Paycom Software, Inc. $PAYC

Swedbank AB trimmed its holdings in Paycom Software, Inc. (NYSE:PAYC) by 14.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 67,024 shares of the software maker’s stock after selling 11,700 shares during the quarter. Swedbank AB’s holdings in Paycom Software were worth $10,681,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Allianz Asset Management GmbH grew its position in shares of Paycom Software by 10,106.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 486,957 shares of the software maker’s stock valued at $101,355,000 after purchasing an additional 482,186 shares in the last quarter. Two Sigma Investments LP grew its position in shares of Paycom Software by 228.7% during the 3rd quarter. Two Sigma Investments LP now owns 532,124 shares of the software maker’s stock valued at $110,756,000 after purchasing an additional 370,219 shares in the last quarter. Woodline Partners LP purchased a new position in shares of Paycom Software during the 3rd quarter valued at $58,452,000. Robeco Institutional Asset Management B.V. grew its position in shares of Paycom Software by 230.9% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 341,286 shares of the software maker’s stock valued at $54,387,000 after purchasing an additional 238,155 shares in the last quarter. Finally, Freestone Grove Partners LP purchased a new position in shares of Paycom Software during the 3rd quarter valued at $42,414,000. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Paycom Software

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

• Positive Sentiment: Paycom reported Q1 earnings and revenue ahead of expectations, with revenue up 7.8% year over year and margins improving, supporting the case that operating performance is still solid. Article Title
• Positive Sentiment: The company reaffirmed its 2026 outlook for revenue and adjusted EBITDA, which can reassure investors looking for visibility after earnings. Article Title
• Positive Sentiment: Paycom’s board approved a new $2 billion share repurchase authorization, and the company already bought back a large block of shares in Q1, signaling confidence in cash generation and potentially boosting per-share earnings. Article Title
• Positive Sentiment: Several firms raised price targets after the results, including TD Cowen, BTIG, Barclays, and Mizuho, reflecting improved analyst sentiment even though ratings remained mixed. Article Title
• Neutral Sentiment: Paycom’s annual meeting results showed shareholders backed the board, auditor, and executive pay, removing a potential governance overhang but not materially changing the business outlook. Article Title
• Neutral Sentiment: Analyst price-target changes were mixed overall, with some firms lifting targets while others, including Citigroup and Barclays, maintained more cautious stances. Article Title

Analyst Ratings Changes

A number of research firms have recently commented on PAYC. Guggenheim reduced their price target on shares of Paycom Software from $210.00 to $180.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. Citigroup boosted their price target on shares of Paycom Software from $120.00 to $136.00 and gave the company a “neutral” rating in a research report on Thursday. TD Cowen boosted their price target on shares of Paycom Software from $148.00 to $154.00 and gave the company a “buy” rating in a research report on Thursday. UBS Group reduced their price target on shares of Paycom Software from $210.00 to $183.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Jefferies Financial Group reduced their price target on shares of Paycom Software from $190.00 to $130.00 and set a “hold” rating for the company in a research report on Thursday, February 12th. Five research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $159.67.

Paycom Software Stock Down 1.2%

Shares of NYSE:PAYC opened at $136.75 on Friday. Paycom Software, Inc. has a 52-week low of $104.90 and a 52-week high of $267.76. The firm has a fifty day moving average of $125.83 and a 200 day moving average of $146.19. The firm has a market capitalization of $6.52 billion, a PE ratio of 15.81, a price-to-earnings-growth ratio of 1.44 and a beta of 0.77. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.09 and a current ratio of 1.08.

Paycom Software (NYSE:PAYC) last announced its earnings results on Wednesday, May 6th. The software maker reported $3.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.16. Paycom Software had a net margin of 22.44% and a return on equity of 28.34%. The company had revenue of $571.80 million during the quarter, compared to analyst estimates of $564.37 million. During the same period in the previous year, the business earned $2.80 earnings per share. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. As a group, research analysts anticipate that Paycom Software, Inc. will post 8.57 EPS for the current fiscal year.

Paycom Software Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be given a $0.375 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $1.50 annualized dividend and a yield of 1.1%. Paycom Software’s payout ratio is 17.34%.

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.