Cantor Fitzgerald Boosts Paylocity (NASDAQ:PCTY) Price Target to $165.00

Paylocity (NASDAQ:PCTY) had its target price upped by investment analysts at Cantor Fitzgerald from $140.00 to $165.00 in a research note issued to investors on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the software maker’s stock. Cantor Fitzgerald’s price target would suggest a potential upside of 15.13% from the stock’s previous close.

Other equities analysts have also issued reports about the stock. Weiss Ratings reissued a “sell (d+)” rating on shares of Paylocity in a report on Tuesday, July 21st. Citigroup upped their price target on shares of Paylocity from $133.00 to $136.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Citizens Jmp reduced their price target on shares of Paylocity from $170.00 to $150.00 and set a “market outperform” rating on the stock in a research report on Friday, May 8th. Truist Financial decreased their price objective on shares of Paylocity from $180.00 to $165.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. Finally, Jefferies Financial Group restated a “buy” rating and set a $165.00 price objective on shares of Paylocity in a research report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Paylocity has an average rating of “Moderate Buy” and an average target price of $157.71.

Paylocity Price Performance

Shares of NASDAQ PCTY opened at $143.32 on Wednesday. The business has a fifty day moving average price of $116.80 and a two-hundred day moving average price of $114.33. The stock has a market capitalization of $7.67 billion, a PE ratio of 30.56 and a beta of 0.48. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.08 and a quick ratio of 1.08. Paylocity has a fifty-two week low of $92.99 and a fifty-two week high of $197.78.

Paylocity (NASDAQ:PCTY) last released its earnings results on Tuesday, August 4th. The software maker reported $1.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.22. Paylocity had a return on equity of 25.63% and a net margin of 14.94%.The company had revenue of $444.73 million for the quarter, compared to analyst estimates of $431.46 million. During the same period in the prior year, the firm posted $1.56 EPS. Paylocity’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, equities analysts predict that Paylocity will post 5.8 earnings per share for the current fiscal year.

Insider Activity

In related news, SVP Andrew Cappotelli sold 899 shares of Paylocity stock in a transaction that occurred on Tuesday, May 19th. The shares were sold at an average price of $115.05, for a total transaction of $103,429.95. Following the sale, the senior vice president directly owned 17,679 shares of the company’s stock, valued at approximately $2,033,968.95. The trade was a 4.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 19.40% of the company’s stock.

Institutional Investors Weigh In On Paylocity

Hedge funds have recently modified their holdings of the company. Optiver Holding B.V. increased its holdings in Paylocity by 5,925.0% in the 1st quarter. Optiver Holding B.V. now owns 241 shares of the software maker’s stock worth $26,000 after purchasing an additional 237 shares in the last quarter. Flagship Harbor Advisors LLC acquired a new stake in shares of Paylocity during the fourth quarter valued at about $27,000. Basecamp Wealth Advisors LLC grew its holdings in shares of Paylocity by 4,250.0% during the first quarter. Basecamp Wealth Advisors LLC now owns 261 shares of the software maker’s stock worth $28,000 after purchasing an additional 255 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of Paylocity during the fourth quarter worth about $30,000. Finally, Elevation Wealth Partners LLC increased its stake in shares of Paylocity by 500.0% in the second quarter. Elevation Wealth Partners LLC now owns 342 shares of the software maker’s stock valued at $36,000 after buying an additional 285 shares during the period. Institutional investors and hedge funds own 94.76% of the company’s stock.

Trending Headlines about Paylocity

Here are the key news stories impacting Paylocity this week:

• Positive Sentiment: Quarterly earnings and revenue exceeded expectations: Paylocity reported fiscal Q4 adjusted earnings of $1.84 per share, above estimates ranging from $1.54 to $1.62 and up from $1.56 a year earlier. Revenue reached $444.73 million, beating the $431.46 million consensus estimate and increasing 11% year over year. Paylocity Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Forward revenue guidance topped expectations: Management forecast first-quarter fiscal 2027 revenue of $439.5 million to $444.5 million, compared with the $438.6 million analyst consensus. The above-consensus outlook supports expectations for continued business momentum. Paylocity exceeds expectations and provides guidance
• Positive Sentiment: BMO Capital Markets raised its price target: BMO increased its target from $143 to $175 and assigned an “outperform” rating, implying substantial upside from the referenced trading level. The upgrade indicates improved confidence in Paylocity’s earnings growth and valuation potential.
• Neutral Sentiment: Investor focus now turns to management commentary: The fiscal Q4 earnings call addressed the results, outlook and operating trends, which may provide additional insight into demand, margins and Paylocity’s growth strategy. Paylocity Q4 2026 Earnings Call Transcript

About Paylocity

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based payroll and human capital management (HCM) software designed to streamline workforce administration for mid-sized organizations. The company’s integrated platform automates core functions such as payroll processing, benefits administration, time and labor tracking, and compliance management, enabling employers to manage employee data more efficiently and reduce administrative burdens.

In addition to payroll and HR capabilities, Paylocity offers talent management solutions including recruiting, onboarding, performance tracking, and learning management.