Rep. April McClain Delaney Buys Paychex, Inc. (NASDAQ:PAYX) Stock

Representative April McClain Delaney (D-Maryland) recently bought shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on May 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Paychex stock on April 9th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Toro (NYSE:TTC) on 4/29/2025.
• Purchased $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 4/29/2025.
• Sold $1,001 – $15,000 in shares of Dayforce (NYSE:DAY) on 4/28/2025.
• Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 4/24/2025.
• Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 4/16/2025.
• Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of Toro (NYSE:TTC) on 4/10/2025.
• Purchased $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of IDEXX Laboratories (NASDAQ:IDXX) on 4/9/2025.
• Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 4/9/2025.

Paychex Stock Down 0.4 %

Shares of NASDAQ:PAYX traded down $0.59 during trading on Tuesday, hitting $148.86. 164,177 shares of the company were exchanged, compared to its average volume of 1,916,277. The firm’s 50 day moving average price is $147.15 and its 200-day moving average price is $145.07. Paychex, Inc. has a 12-month low of $115.40 and a 12-month high of $158.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.39. The stock has a market capitalization of $53.62 billion, a P/E ratio of 31.35, a PEG ratio of 4.10 and a beta of 0.88.

Paychex (NASDAQ:PAYX) last released its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.01. Paychex had a net margin of 32.02% and a return on equity of 45.28%. The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the firm posted $1.38 earnings per share. Paychex’s revenue for the quarter was up 4.8% on a year-over-year basis. On average, research analysts predict that Paychex, Inc. will post 4.99 earnings per share for the current fiscal year.

Paychex Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 29th. Shareholders of record on Monday, May 12th will be paid a $1.08 dividend. This is a positive change from Paychex’s previous quarterly dividend of $0.98. This represents a $4.32 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Monday, May 12th. Paychex’s dividend payout ratio is currently 81.67%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on PAYX shares. Cfra Research raised Paychex to a “hold” rating in a report on Thursday, March 27th. UBS Group lifted their price objective on shares of Paychex from $152.00 to $155.00 and gave the company a “neutral” rating in a research note on Tuesday, March 4th. Barclays increased their target price on shares of Paychex from $140.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Monday, March 31st. Citigroup upped their price objective on Paychex from $145.00 to $158.00 and gave the company a “neutral” rating in a research note on Thursday, March 27th. Finally, Stifel Nicolaus lifted their target price on Paychex from $141.00 to $156.00 and gave the company a “hold” rating in a research note on Thursday, March 27th. Two analysts have rated the stock with a sell rating and ten have given a hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $141.00.

Insider Buying and Selling at Paychex

In related news, Director Joseph M. Velli sold 3,650 shares of the firm’s stock in a transaction that occurred on Tuesday, April 15th. The shares were sold at an average price of $149.25, for a total value of $544,762.50. Following the sale, the director now directly owns 78,455 shares of the company’s stock, valued at approximately $11,709,408.75. This trade represents a 4.45 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 11.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PAYX. Meeder Asset Management Inc. increased its position in Paychex by 220.7% during the fourth quarter. Meeder Asset Management Inc. now owns 186 shares of the business services provider’s stock worth $26,000 after buying an additional 128 shares in the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of Paychex during the fourth quarter worth $28,000. WealthTrak Capital Management LLC purchased a new stake in shares of Paychex in the fourth quarter valued at $28,000. Millstone Evans Group LLC acquired a new position in Paychex in the fourth quarter valued at $33,000. Finally, Avion Wealth lifted its position in Paychex by 469.8% during the fourth quarter. Avion Wealth now owns 245 shares of the business services provider’s stock worth $34,000 after buying an additional 202 shares during the period. 83.47% of the stock is owned by hedge funds and other institutional investors.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Paychex Company Profile

Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.