Paycom Software (NYSE:PAYC) Given New $140.00 Price Target at BTIG Research

Paycom Software (NYSE:PAYC) had its target price reduced by BTIG Research from $195.00 to $140.00 in a research report released on Thursday morning,Benzinga reports. They currently have a buy rating on the software maker’s stock.

PAYC has been the topic of a number of other research reports. UBS Group decreased their price target on shares of Paycom Software from $245.00 to $210.00 and set a “buy” rating on the stock in a report on Monday, January 26th. Cantor Fitzgerald cut their target price on Paycom Software from $170.00 to $135.00 and set a “neutral” rating on the stock in a research report on Thursday, January 29th. Mizuho lowered their price target on Paycom Software from $220.00 to $180.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Barclays dropped their target price on shares of Paycom Software from $210.00 to $185.00 and set an “equal weight” rating for the company in a research report on Monday, January 12th. Finally, Jefferies Financial Group cut their price target on shares of Paycom Software from $225.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, November 6th. Five research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Paycom Software currently has a consensus rating of “Hold” and a consensus target price of $172.64.

Paycom Software Trading Up 0.6%

Paycom Software stock opened at $119.46 on Thursday. The stock has a 50-day moving average price of $151.02 and a 200 day moving average price of $184.86. The stock has a market cap of $6.72 billion, a PE ratio of 14.77, a P/E/G ratio of 1.25 and a beta of 0.79. Paycom Software has a 52 week low of $104.90 and a 52 week high of $267.76.

Paycom Software (NYSE:PAYC) last released its earnings results on Wednesday, February 11th. The software maker reported $2.45 EPS for the quarter, topping the consensus estimate of $2.44 by $0.01. Paycom Software had a net margin of 22.10% and a return on equity of 24.21%. The firm had revenue of $544.30 million during the quarter, compared to analysts’ expectations of $542.79 million. During the same period in the previous year, the company earned $2.32 EPS. Paycom Software’s revenue for the quarter was up 10.2% on a year-over-year basis. On average, equities analysts predict that Paycom Software will post 7.15 EPS for the current year.

Paycom Software Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Monday, March 9th will be paid a $0.375 dividend. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Monday, March 9th. Paycom Software’s dividend payout ratio is 18.66%.

Insider Buying and Selling at Paycom Software

In related news, CFO Robert D. Foster sold 1,300 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $162.66, for a total transaction of $211,458.00. Following the sale, the chief financial officer directly owned 14,747 shares of the company’s stock, valued at approximately $2,398,747.02. This represents a 8.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 10.90% of the company’s stock.

Hedge Funds Weigh In On Paycom Software

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Reinhart Partners LLC. boosted its stake in Paycom Software by 887.4% during the 4th quarter. Reinhart Partners LLC. now owns 598,323 shares of the software maker’s stock valued at $95,351,000 after purchasing an additional 537,726 shares during the period. Allianz Asset Management GmbH raised its stake in 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 acquiring an additional 482,186 shares in the last quarter. Two Sigma Investments LP lifted its holdings in Paycom Software by 228.7% in the third quarter. Two Sigma Investments LP now owns 532,124 shares of the software maker’s stock worth $110,756,000 after purchasing an additional 370,219 shares during the period. Woodline Partners LP bought a new position in Paycom Software in the 3rd quarter valued at about $58,452,000. Finally, Robeco Institutional Asset Management B.V. increased its stake in 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 buying an additional 238,155 shares during the period. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Paycom Software News Summary

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

• Positive Sentiment: Q4 results modestly beat expectations — EPS $2.45 vs. $2.44 consensus and revenue $544.3M (up 10% Y/Y). The beat and margin expansion are supportive of the share price. Paycom’s Q4 Earnings Surpass Expectations
• Positive Sentiment: Independent Forrester study published by Paycom finds IWant™ (Paycom’s AI engine) delivers strong projected 3‑year ROI for clients — a product win that could support longer‑term revenue/upsell potential. New Study Finds Paycom’s IWant Has Delivered Significant ROI
• Positive Sentiment: Board declared a regular quarterly cash dividend (0.375 per share); modest yield but signals shareholder return discipline. Paycom Board Declares Regular Quarterly Cash Dividend
• Neutral Sentiment: Company issued FY‑2026 revenue guidance around ~$2.2B (reported roughly in line with consensus in some feeds), creating uncertainty about growth cadence — the number itself is mixed in interpretation and the market reaction depends on sales cadence assumptions. Paycom FY2026 Guidance (press release)
• Neutral Sentiment: Some analysts remain constructive despite cuts — Guggenheim (buy, PT $180), KeyCorp (overweight, PT $195) and BTIG (buy, PT $140) still see material upside versus the current price, which can cap downside if positive execution continues. Analyst Notes (Benzinga roundup)
• Negative Sentiment: Multiple firms lowered price targets and tone after the results/guidance (examples: Jefferies cut to $130/hold, Cantor Fitzgerald to $115/neutral, Mizuho to $120/neutral, BMO to $137/market perform). Those cuts amplify selling pressure and raise expectations reset risk. Paycom Price Target Cuts (Benzinga)
• Negative Sentiment: Market commentary and news coverage highlighted that Paycom’s 2026 revenue guidance missed some Street models; that miss prompted a notable intraday selloff and a new 52‑week low in some sessions. Guidance concerns are the main catalyst for the decline. Payroll software maker Paycom forecasts weak 2026 revenue

About Paycom Software

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.