Paycom Software (NYSE:PAYC) Given New $195.00 Price Target at KeyCorp

Paycom Software (NYSE:PAYC) had its price objective reduced by KeyCorp from $250.00 to $195.00 in a research note published on Thursday morning,Benzinga reports. They currently have an overweight rating on the software maker’s stock.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. reduced their target price on shares of Paycom Software from $235.00 to $220.00 and set a “neutral” rating on the stock in a report on Thursday, November 6th. Weiss Ratings lowered Paycom Software from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, February 3rd. TD Cowen decreased their price objective on Paycom Software from $200.00 to $184.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Jefferies Financial Group lowered their price objective on Paycom Software from $225.00 to $190.00 and set a “hold” rating for the company in a research note on Thursday, November 6th. Finally, Barclays cut their target price on 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 research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $172.64.

Paycom Software Price Performance

Shares of PAYC opened at $119.46 on Thursday. The stock has a market capitalization of $6.72 billion, a price-to-earnings ratio of 14.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.79. Paycom Software has a 1 year low of $104.90 and a 1 year high of $267.76. The business’s 50 day simple moving average is $151.02 and its 200-day simple moving average is $184.86.

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

Paycom Software Dividend Announcement

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

Insider Buying and Selling

In other Paycom Software 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 sale, the chief financial officer owned 14,747 shares in the company, valued at $2,398,747.02. This trade represents a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.90% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. DRW Securities LLC purchased a new position in Paycom Software in the 4th quarter worth about $385,000. Cibc World Markets Corp bought a new position in Paycom Software in the 4th quarter worth about $1,093,000. Dimensional Fund Advisors LP increased its position in shares of Paycom Software by 17.2% during the fourth quarter. Dimensional Fund Advisors LP now owns 488,916 shares of the software maker’s stock worth $77,919,000 after acquiring an additional 71,731 shares during the period. California Public Employees Retirement System raised its stake in shares of Paycom Software by 26.4% during the fourth quarter. California Public Employees Retirement System now owns 127,855 shares of the software maker’s stock valued at $20,375,000 after acquiring an additional 26,741 shares in the last quarter. Finally, Federated Hermes Inc. raised its stake in shares of Paycom Software by 12.7% during the fourth quarter. Federated Hermes Inc. now owns 624,371 shares of the software maker’s stock valued at $99,500,000 after acquiring an additional 70,208 shares in the last quarter. 87.77% of the stock is currently owned by institutional investors.

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.