Paylocity Holding Corporation $PCTY Position Trimmed by Blair William & Co. IL

Blair William & Co. IL decreased its holdings in shares of Paylocity Holding Corporation (NASDAQ:PCTY) by 4.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 101,966 shares of the software maker’s stock after selling 4,282 shares during the period. Blair William & Co. IL owned about 0.18% of Paylocity worth $18,475,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. TCTC Holdings LLC increased its stake in Paylocity by 115.9% during the first quarter. TCTC Holdings LLC now owns 149 shares of the software maker’s stock valued at $28,000 after purchasing an additional 80 shares during the last quarter. Hughes Financial Services LLC bought a new position in shares of Paylocity during the first quarter worth about $48,000. Bayforest Capital Ltd increased its holdings in shares of Paylocity by 69.1% in the 1st quarter. Bayforest Capital Ltd now owns 296 shares of the software maker’s stock worth $55,000 after acquiring an additional 121 shares during the period. SVB Wealth LLC acquired a new stake in shares of Paylocity in the 1st quarter worth about $61,000. Finally, UMB Bank n.a. increased its holdings in shares of Paylocity by 89.1% in the 1st quarter. UMB Bank n.a. now owns 467 shares of the software maker’s stock worth $87,000 after acquiring an additional 220 shares during the period. Institutional investors own 94.76% of the company’s stock.

Paylocity Stock Performance

Shares of PCTY opened at $150.49 on Friday. The firm has a 50-day moving average price of $170.17 and a 200 day moving average price of $180.96. The firm has a market capitalization of $8.30 billion, a PE ratio of 37.53, a P/E/G ratio of 2.94 and a beta of 0.53. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.13. Paylocity Holding Corporation has a 52-week low of $150.47 and a 52-week high of $223.80.

Paylocity (NASDAQ:PCTY) last announced its earnings results on Tuesday, August 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.18. The firm had revenue of $400.74 million during the quarter, compared to analyst estimates of $388.25 million. Paylocity had a net margin of 14.24% and a return on equity of 22.08%. Paylocity’s revenue was up 12.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.48 EPS. Paylocity has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. On average, sell-side analysts anticipate that Paylocity Holding Corporation will post 4.36 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on PCTY. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Paylocity in a report on Wednesday. Zacks Research raised shares of Paylocity from a “strong sell” rating to a “hold” rating in a report on Thursday, September 11th. Citigroup dropped their price objective on shares of Paylocity from $225.00 to $218.00 and set a “buy” rating on the stock in a report on Monday, July 21st. Stephens began coverage on shares of Paylocity in a report on Monday, July 21st. They issued an “equal weight” rating and a $200.00 price objective on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $250.00 price objective on shares of Paylocity in a report on Friday, July 18th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Paylocity has an average rating of “Moderate Buy” and an average price target of $221.59.

Paylocity Profile

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.