Paycom Software (NYSE:PAYC) Price Target Cut to $120.00 by Analysts at Mizuho

Paycom Software (NYSE:PAYC) had its price objective decreased by Mizuho from $180.00 to $120.00 in a research report released on Thursday,Benzinga reports. Mizuho currently has a neutral rating on the software maker’s stock.

A number of other brokerages also recently issued reports on PAYC. JPMorgan Chase & Co. lowered their price target on Paycom Software from $235.00 to $220.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Zacks Research cut shares of Paycom Software from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. KeyCorp dropped their price target on shares of Paycom Software from $290.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. TD Cowen decreased their price objective on shares of Paycom Software from $200.00 to $184.00 and set a “buy” rating for the company in a report on Thursday, January 8th. Finally, Barclays lowered their price objective on shares of Paycom Software from $210.00 to $185.00 and set an “equal weight” rating on the stock in a research report on Monday, January 12th. Five equities 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. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $172.64.

Paycom Software Stock Up 0.6%

NYSE:PAYC opened at $119.46 on Thursday. The stock has a market cap of $6.72 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 1.25 and a beta of 0.79. The company’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 announced its quarterly earnings data on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.01. The company had revenue of $544.30 million during the quarter, compared to analyst estimates of $542.79 million. Paycom Software had a net margin of 22.10% and a return on equity of 24.21%. The firm’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same period in the previous year, the business earned $2.32 EPS. As a group, sell-side analysts anticipate that Paycom Software will post 7.15 earnings per share for the current year.

Paycom Software Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Stockholders of record on Monday, March 9th will be paid a dividend of $0.375 per share. 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 currently 18.66%.

Insider Activity

In other news, CFO Robert D. Foster sold 1,300 shares of the company’s 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 sale, the chief financial officer directly owned 14,747 shares in the company, valued at $2,398,747.02. This represents a 8.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 10.90% of the stock is currently owned by insiders.

Institutional Trading of Paycom Software

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. raised 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 during the period. State Street Corp increased its holdings in Paycom Software by 2.8% in the 3rd quarter. State Street Corp now owns 2,157,127 shares of the software maker’s stock worth $448,984,000 after acquiring an additional 59,217 shares in the last quarter. Baillie Gifford & Co. raised its stake in Paycom Software by 10.3% during the 3rd quarter. Baillie Gifford & Co. now owns 1,708,662 shares of the software maker’s stock worth $355,641,000 after acquiring an additional 158,967 shares during the period. Geode Capital Management LLC lifted its holdings in Paycom Software by 5.3% during the second quarter. Geode Capital Management LLC now owns 1,661,685 shares of the software maker’s stock valued at $383,265,000 after purchasing an additional 83,154 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Paycom Software by 9.3% in the third 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 period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

More Paycom Software News

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.