Semanteon Capital Management LP Acquires Shares of 7,696 Paylocity Holding Corporation $PCTY

Semanteon Capital Management LP bought a new position in shares of Paylocity Holding Corporation (NASDAQ:PCTY) during the second quarter, according to its most recent filing with the SEC. The fund bought 7,696 shares of the software maker’s stock, valued at approximately $1,394,000. Paylocity accounts for 2.1% of Semanteon Capital Management LP’s investment portfolio, making the stock its 17th largest holding.

A number of other large investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Paylocity by 7.0% in the first quarter. Vanguard Group Inc. now owns 4,312,832 shares of the software maker’s stock valued at $807,966,000 after acquiring an additional 283,430 shares during the last quarter. Zurich Insurance Group Ltd FI bought a new stake in shares of Paylocity in the 1st quarter worth approximately $47,998,000. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of Paylocity by 1,995.2% in the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 259,800 shares of the software maker’s stock worth $47,073,000 after purchasing an additional 247,400 shares during the period. American Century Companies Inc. lifted its stake in Paylocity by 47.0% in the first quarter. American Century Companies Inc. now owns 514,194 shares of the software maker’s stock valued at $96,329,000 after purchasing an additional 164,397 shares during the last quarter. Finally, AustralianSuper Pty Ltd purchased a new stake in Paylocity in the second quarter worth $28,760,000. Hedge funds and other institutional investors own 94.76% of the company’s stock.

Paylocity Price Performance

Shares of NASDAQ:PCTY opened at $148.05 on Monday. The firm has a fifty day moving average price of $154.87 and a two-hundred day moving average price of $174.16. The company has a market cap of $8.05 billion, a price-to-earnings ratio of 37.11, a PEG ratio of 4.44 and a beta of 0.58. Paylocity Holding Corporation has a one year low of $135.46 and a one year high of $223.80.

Paylocity (NASDAQ:PCTY) last issued its quarterly earnings data on Tuesday, November 4th. The software maker reported $1.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.52 by $0.23. The company had revenue of $408.17 million for the quarter, compared to the consensus estimate of $399.53 million. Paylocity had a return on equity of 22.07% and a net margin of 13.75%.The firm’s revenue was up 12.5% compared to the same quarter last year. During the same quarter last year, the business posted $1.66 earnings per share. Paylocity has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS. Equities research analysts expect that Paylocity Holding Corporation will post 4.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. JMP Securities set a $245.00 price target on Paylocity in a research note on Wednesday, November 5th. UBS Group dropped their price target on shares of Paylocity from $195.00 to $183.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 17th. KeyCorp raised their price objective on shares of Paylocity from $220.00 to $225.00 and gave the stock an “overweight” rating in a report on Wednesday, August 6th. Zacks Research raised shares of Paylocity from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Finally, Cantor Fitzgerald set a $190.00 price target on Paylocity in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, Paylocity currently has a consensus rating of “Moderate Buy” and an average price target of $207.83.

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.