Paycom Software (NYSE:PAYC) Price Target Raised to $160.00 at BTIG Research

Paycom Software (NYSE:PAYC) had its price objective raised by BTIG Research from $140.00 to $160.00 in a research note issued to investors on Thursday,Benzinga reports. The firm currently has a buy rating on the software maker’s stock.

Several other equities analysts have also issued reports on the company. Guggenheim reduced their target price on Paycom Software from $210.00 to $180.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Weiss Ratings reissued a “sell (d+)” rating on shares of Paycom Software in a report on Friday, May 1st. TD Cowen reduced their price target on shares of Paycom Software from $200.00 to $184.00 and set a “buy” rating for the company in a research report on Thursday, January 8th. Cantor Fitzgerald boosted their target price on shares of Paycom Software from $115.00 to $135.00 and gave the company a “neutral” rating in a research note on Friday, March 6th. Finally, UBS Group decreased their price target on shares of Paycom Software from $210.00 to $183.00 and set a “buy” rating for the company in a research note on Tuesday, April 21st. Five analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $159.67.

Paycom Software Stock Down 3.0%

NYSE:PAYC traded down $4.10 during trading hours on Thursday, reaching $134.33. The company had a trading volume of 418,837 shares, compared to its average volume of 1,603,797. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 15.53, a P/E/G ratio of 1.33 and a beta of 0.77. The business’s 50-day simple moving average is $125.83 and its two-hundred day simple moving average is $146.19. Paycom Software has a twelve month low of $104.90 and a twelve month high of $267.76.

Paycom Software (NYSE:PAYC) last issued its earnings results on Wednesday, May 6th. The software maker reported $3.15 EPS for the quarter, beating analysts’ consensus estimates of $2.99 by $0.16. The business had revenue of $571.80 million during the quarter, compared to analyst estimates of $564.37 million. Paycom Software had a return on equity of 24.55% and a net margin of 22.44%.The firm’s revenue was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.80 EPS. As a group, equities analysts predict that Paycom Software will post 8.59 earnings per share for the current year.

Paycom Software Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Shareholders of record on Tuesday, May 26th will be given a $0.375 dividend. The ex-dividend date is Tuesday, May 26th. This represents a $1.50 annualized dividend and a yield of 1.1%. Paycom Software’s payout ratio is presently 17.34%.

Institutional Trading of Paycom Software

A number of hedge funds have recently modified their holdings of the business. Reinhart Partners LLC. raised its holdings in Paycom Software by 887.4% in the fourth quarter. Reinhart Partners LLC. now owns 598,323 shares of the software maker’s stock worth $95,351,000 after buying an additional 537,726 shares during the last quarter. Allianz Asset Management GmbH boosted its stake in Paycom Software by 10,106.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 486,957 shares of the software maker’s stock valued at $101,355,000 after purchasing an additional 482,186 shares during the last quarter. Contour Asset Management LLC purchased a new position in shares of Paycom Software in the fourth quarter worth $60,333,000. Two Sigma Investments LP lifted its stake in Paycom Software by 228.7% during the 3rd quarter. Two Sigma Investments LP now owns 532,124 shares of the software maker’s stock valued at $110,756,000 after acquiring an additional 370,219 shares during the period. Finally, Invesco Ltd. boosted its holdings in Paycom Software by 28.2% in the fourth quarter. Invesco Ltd. now owns 1,559,682 shares of the software maker’s stock worth $248,551,000 after purchasing an additional 343,494 shares during the last quarter. Institutional investors own 87.77% of the company’s stock.

Trending Headlines about Paycom Software

Here are the key news stories impacting Paycom Software this week:

• Positive Sentiment: Q1 results beat expectations: Paycom reported $3.15 EPS and revenue of $571.9M (up 7.8% Y/Y); margins expanded and management reaffirmed FY?2026 revenue of $2.175B–$2.195B and adjusted EBITDA of $950M–$970M — a clear operational beat that supports earnings stability. Paycom Reports First Quarter 2026 Results
• Positive Sentiment: Aggressive capital return: the company repurchased ~8.38M shares for ~$1.06B during the quarter and the board approved a new $2B buyback program — reduces share count and can materially boost EPS per share going forward. Paycom jumps after Q1 results, 2026 outlook reiteration, and a sizable share repurchase
• Positive Sentiment: Wall Street reactions include several bullish moves — TD Cowen and BTIG raised targets and kept buy ratings (TD Cowen to $154, BTIG to $160), and several firms lifted price targets or raised views after the print, providing support for medium?term upside. Analyst reactions and price targets
• Neutral Sentiment: Shareholder governance: shareholders re-elected the board, approved the auditor and executive pay at the annual meeting — removes governance uncertainty but has limited immediate price impact. Paycom Shareholders Back Board, Auditor and Executive Pay
• Negative Sentiment: Mixed/less?bullish analyst moves: some firms left neutral ratings or trimmed targets (Barclays set $148 equal?weight, Mizuho to $130 neutral) — the dispersion in PTs and neutral calls can encourage profit?taking and weigh on momentum. Barclays price target Mizuho price target
• Negative Sentiment: Insider selling and volume dynamics: recent insider sales and below?average trading volume during the pullback can amplify downward moves as buyers wait for confirmation. Insider and volume details

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.