Paycom Software (NYSE:PAYC) Price Target Cut to $115.00 by Analysts at Cantor Fitzgerald

Paycom Software (NYSE:PAYC) had its price target lowered by Cantor Fitzgerald from $135.00 to $115.00 in a research note released on Thursday,Benzinga reports. Cantor Fitzgerald currently has a neutral rating on the software maker’s stock.

A number of other brokerages have also recently commented on PAYC. JPMorgan Chase & Co. dropped their price objective on shares of Paycom Software from $235.00 to $220.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. UBS Group dropped their price target on shares of Paycom Software from $245.00 to $210.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Mizuho cut their price objective on shares of Paycom Software from $180.00 to $120.00 and set a “neutral” rating for the company in a report on Thursday. TD Cowen lowered their target price on shares of Paycom Software from $200.00 to $184.00 and set a “buy” rating on the stock in a research note on Thursday, January 8th. Finally, Weiss Ratings cut Paycom Software from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 3rd. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $172.64.

Paycom Software Stock Up 0.6%

PAYC opened at $119.46 on Thursday. The company has a market cap of $6.72 billion, a P/E ratio of 14.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.79. The firm’s 50-day moving average price is $151.02 and its 200-day moving average price is $184.86. Paycom Software has a 52-week low of $104.90 and a 52-week high of $267.76.

Paycom Software (NYSE:PAYC) last issued its earnings results on Wednesday, February 11th. The software maker reported $2.45 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.44 by $0.01. Paycom Software had a return on equity of 24.21% and a net margin of 22.10%.The company had revenue of $544.30 million during the quarter, compared to analyst estimates of $542.79 million. During the same quarter last year, the business posted $2.32 EPS. The firm’s quarterly revenue was up 10.2% on a year-over-year basis. On average, research analysts anticipate that Paycom Software will post 7.15 EPS for the current fiscal year.

Paycom Software Announces Dividend

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

Insider Activity at Paycom Software

In related news, CFO Robert D. Foster sold 1,300 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $162.66, for a total value of $211,458.00. Following the completion of the transaction, 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 10.90% of the company’s stock.

Institutional Investors Weigh In On Paycom Software

Several institutional investors and hedge funds have recently added to or reduced their stakes in PAYC. Vanguard Group Inc. lifted its stake in shares of Paycom Software by 3.2% in the third quarter. Vanguard Group Inc. now owns 5,802,788 shares of the software maker’s stock worth $1,207,792,000 after buying an additional 179,218 shares in the last quarter. State Street Corp grew its stake in Paycom Software by 2.8% during the 3rd quarter. State Street Corp now owns 2,157,127 shares of the software maker’s stock valued at $448,984,000 after acquiring an additional 59,217 shares in the last quarter. Baillie Gifford & Co. raised its holdings in Paycom Software by 10.3% in the 3rd quarter. Baillie Gifford & Co. now owns 1,708,662 shares of the software maker’s stock valued at $355,641,000 after acquiring an additional 158,967 shares during the last quarter. Geode Capital Management LLC lifted its stake in Paycom Software by 5.3% in the 2nd quarter. Geode Capital Management LLC now owns 1,661,685 shares of the software maker’s stock worth $383,265,000 after purchasing an additional 83,154 shares in the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Paycom Software by 9.3% during the 3rd quarter. Invesco Ltd. now owns 1,216,188 shares of the software maker’s stock worth $253,137,000 after purchasing an additional 103,801 shares during the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

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.