Cwm LLC Grows Holdings in Paylocity Holding Corporation $PCTY

Cwm LLC raised its stake in Paylocity Holding Corporation (NASDAQ:PCTY) by 257.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 6,822 shares of the software maker’s stock after buying an additional 4,916 shares during the period. Cwm LLC’s holdings in Paylocity were worth $1,236,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. TCTC Holdings LLC grew its position in Paylocity by 115.9% in the first quarter. TCTC Holdings LLC now owns 149 shares of the software maker’s stock worth $28,000 after acquiring an additional 80 shares in the last quarter. Hughes Financial Services LLC bought a new stake in Paylocity during the first quarter worth about $48,000. Bayforest Capital Ltd boosted its holdings in shares of Paylocity by 69.1% in the 1st quarter. Bayforest Capital Ltd now owns 296 shares of the software maker’s stock worth $55,000 after purchasing an additional 121 shares in the last quarter. SVB Wealth LLC bought a new position in shares of Paylocity during the 1st quarter valued at about $61,000. Finally, IFP Advisors Inc raised its holdings in shares of Paylocity by 248.5% during the 2nd quarter. IFP Advisors Inc now owns 338 shares of the software maker’s stock valued at $61,000 after buying an additional 241 shares in the last quarter. 94.76% of the stock is owned by institutional investors.

Paylocity Trading Up 0.9%

PCTY opened at $151.71 on Tuesday. Paylocity Holding Corporation has a one year low of $147.60 and a one year high of $223.80. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.14 and a quick ratio of 1.14. The business has a 50 day simple moving average of $166.54 and a two-hundred day simple moving average of $179.34. The firm has a market capitalization of $8.37 billion, a price-to-earnings ratio of 37.83, a PEG ratio of 2.89 and a beta of 0.53.

Paylocity (NASDAQ:PCTY) last posted its earnings results on Tuesday, August 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.38 by $0.18. The firm had revenue of $400.74 million for the quarter, compared to analysts’ expectations of $388.25 million. Paylocity had a return on equity of 22.08% and a net margin of 14.24%.The business’s revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.48 earnings per share. Paylocity has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Analysts predict that Paylocity Holding Corporation will post 4.36 EPS for the current year.

Analyst Ratings Changes

PCTY has been the subject of several research reports. KeyCorp upped their target price on Paylocity from $220.00 to $225.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 6th. Stephens started coverage on shares of Paylocity in a research note on Monday, July 21st. They issued an “equal weight” rating and a $200.00 price objective for the company. Cantor Fitzgerald raised shares of Paylocity to a “strong-buy” rating in a report on Thursday, September 11th. Citigroup lowered their price target on shares of Paylocity from $225.00 to $218.00 and set a “buy” rating for the company in a research note on Monday, July 21st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $250.00 price objective on shares of Paylocity in a research note on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Paylocity has an average rating of “Moderate Buy” and an average price target of $221.59.

Paylocity Profile

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.