Sen. Shelley Moore Capito Unloads Paychex, Inc. (NASDAQ:PAYX) Stock

Senator Shelley Moore Capito (Republican-West Virginia) recently sold shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on March 04th, the Senator disclosed that they had sold between $1,001 and $15,000 in Paychex stock on February 20th.

Senator Shelley Moore Capito also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Illinois Tool Works (NYSE:ITW) on 2/24/2026.
  • Sold $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 2/10/2026.
  • Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 2/10/2026.
  • Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 2/9/2026.
  • Sold $1,001 – $15,000 in shares of Starbucks (NASDAQ:SBUX) on 1/28/2026.
  • Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 12/16/2025.
  • Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 12/16/2025.
  • Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/16/2025.
  • Sold $1,001 – $15,000 in shares of Kellanova (NYSE:K) on 12/11/2025.

Paychex Trading Up 0.2%

Shares of PAYX opened at $95.79 on Thursday. The stock has a fifty day moving average price of $102.85 and a two-hundred day moving average price of $116.02. The company has a debt-to-equity ratio of 1.17, a quick ratio of 1.27 and a current ratio of 1.27. Paychex, Inc. has a 52-week low of $86.89 and a 52-week high of $161.24. The company has a market cap of $34.39 billion, a price-to-earnings ratio of 21.72 and a beta of 0.91.

Paychex (NASDAQ:PAYXGet Free Report) last announced its earnings results on Friday, December 19th. The business services provider reported $1.26 EPS for the quarter, topping the consensus estimate of $1.23 by $0.03. Paychex had a return on equity of 46.38% and a net margin of 26.45%.The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the prior year, the business earned $1.14 earnings per share. The business’s revenue for the quarter was up 18.3% on a year-over-year basis. Paychex has set its FY 2026 guidance at 5.480-5.530 EPS. Analysts predict that Paychex, Inc. will post 4.99 EPS for the current fiscal year.

Paychex announced that its board has authorized a share buyback plan on Friday, January 16th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the business services provider to repurchase up to 2.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Paychex Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, January 28th were given a dividend of $1.08 per share. The ex-dividend date was Wednesday, January 28th. This represents a $4.32 dividend on an annualized basis and a yield of 4.5%. Paychex’s dividend payout ratio is 97.96%.

Hedge Funds Weigh In On Paychex

Institutional investors and hedge funds have recently made changes to their positions in the company. Heartwood Wealth Advisors LLC acquired a new stake in shares of Paychex in the third quarter valued at approximately $25,000. Vermillion & White Wealth Management Group LLC bought a new position in Paychex in the third quarter valued at $27,000. Cornerstone Planning Group LLC increased its stake in Paychex by 957.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 296 shares of the business services provider’s stock valued at $30,000 after buying an additional 268 shares during the last quarter. NewSquare Capital LLC increased its stake in Paychex by 83.8% in the 2nd quarter. NewSquare Capital LLC now owns 215 shares of the business services provider’s stock valued at $31,000 after buying an additional 98 shares during the last quarter. Finally, Stance Capital LLC bought a new stake in Paychex during the 3rd quarter worth about $31,000. Institutional investors and hedge funds own 83.47% of the company’s stock.

Wall Street Analysts Forecast Growth

PAYX has been the subject of a number of research analyst reports. JPMorgan Chase & Co. dropped their target price on shares of Paychex from $140.00 to $125.00 and set an “underweight” rating for the company in a research note on Monday, December 22nd. Cantor Fitzgerald upgraded shares of Paychex to a “strong sell” rating in a research report on Tuesday, January 27th. Citigroup reduced their price objective on Paychex from $139.00 to $120.00 and set a “neutral” rating on the stock in a report on Monday, December 22nd. Jefferies Financial Group set a $110.00 target price on Paychex in a research note on Friday, December 19th. Finally, Wolfe Research dropped their target price on Paychex from $130.00 to $115.00 and set an “underperform” rating for the company in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and a consensus price target of $123.94.

View Our Latest Analysis on Paychex

About Senator Capito

Shelley Moore Capito (Republican Party) is a member of the U.S. Senate from West Virginia. She assumed office on January 3, 2015. Her current term ends on January 3, 2027. Capito (Republican Party) ran for re-election to the U.S. Senate to represent West Virginia. She won in the general election on November 3, 2020. Capito was first elected to the Senate in 2014, becoming the first female U.S. Senator in the state’s history. Prior to serving in the Senate, Capito was a member of the West Virginia House of Representatives from 1997 to 2001 and a member of the United States House of Representatives from 2001 to 2015. At the start of the 116th Congress, Capito was a member of the U.S. Senate committees on Appropriations, Commerce, Science, and Transportation, Environment and Public Works, and Rules and Administration. As of a 2014 analysis of multiple outside rankings, Capito is a more moderate right of center Republican Party vote. As a result, she may break with the Republican Party line more than her fellow members. Capito earned her bachelor’s degree from Duke University. After earning her M.Ed. from the University of Virginia, Capito was a college counselor and then director of an educational information center. She was the only Republican in the West Virginia congressional delegation until the 2010 elections and is the first Republican woman elected to Congress from West Virginia. Capito is a former chairwoman of the Congressional Caucus for Women’s Issues, as well as a member of the Congressional Arts Caucus. After an explosion responsible for the death of 29 coal workers, Capito founded the Congressional Coal Caucus. Prior to her election to the U.S. House, Capito served in the West Virginia House of Delegates.

Paychex Company Profile

(Get Free Report)

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.

Recommended Stories

Receive News & Ratings for Paychex Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Paychex and related companies with MarketBeat.com's FREE daily email newsletter.