Intellectus Partners LLC Invests $1.07 Million in Paychex, Inc. $PAYX

Posted by Brenda Bartman on Jun 4th, 2026

Intellectus Partners LLC bought a new position in Paychex, Inc. (NASDAQ:PAYX – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 9,505 shares of the business services provider’s stock, valued at approximately $1,066,000.

Several other large investors have also added to or reduced their stakes in the company. 44 Wealth Management LLC raised its holdings in Paychex by 2.7% in the 2nd quarter. 44 Wealth Management LLC now owns 3,290 shares of the business services provider’s stock worth $479,000 after purchasing an additional 86 shares during the period. Smartleaf Asset Management LLC increased its position in shares of Paychex by 3.5% in the second quarter. Smartleaf Asset Management LLC now owns 2,645 shares of the business services provider’s stock valued at $381,000 after buying an additional 89 shares in the last quarter. JPL Wealth Management LLC raised its stake in shares of Paychex by 0.3% during the 3rd quarter. JPL Wealth Management LLC now owns 27,686 shares of the business services provider’s stock worth $3,509,000 after buying an additional 92 shares during the period. Greenleaf Trust lifted its position in shares of Paychex by 1.7% during the 4th quarter. Greenleaf Trust now owns 5,834 shares of the business services provider’s stock valued at $654,000 after buying an additional 95 shares in the last quarter. Finally, Moment Partners LLC lifted its position in shares of Paychex by 1.4% during the 3rd quarter. Moment Partners LLC now owns 6,911 shares of the business services provider’s stock valued at $876,000 after buying an additional 98 shares in the last quarter. Hedge funds and other institutional investors own 83.47% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PAYX. Morgan Stanley reduced their target price on Paychex from $123.00 to $107.00 and set an “equal weight” rating for the company in a report on Tuesday, April 28th. Guggenheim started coverage on shares of Paychex in a research note on Thursday, March 19th. They set a “neutral” rating on the stock. TD Cowen raised shares of Paychex to a “hold” rating in a research report on Monday, May 18th. Argus upgraded Paychex to a “strong-buy” rating in a research note on Friday, March 27th. Finally, Wells Fargo & Company lowered their price target on Paychex from $116.00 to $95.00 and set an “underweight” rating for the company in a report on Thursday, March 26th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Reduce” and an average target price of $106.38.

Get Our Latest Analysis on PAYX

Paychex Trading Down 2.3%

Shares of Paychex stock opened at $98.45 on Thursday. Paychex, Inc. has a fifty-two week low of $85.45 and a fifty-two week high of $161.24. The business’s fifty day moving average is $92.85 and its two-hundred day moving average is $100.51. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.13. The firm has a market cap of $35.27 billion, a PE ratio of 21.69 and a beta of 0.84.

Paychex (NASDAQ:PAYX – Get Free Report) last released its earnings results on Wednesday, March 25th. The business services provider reported $1.71 EPS for the quarter, beating the consensus estimate of $1.67 by $0.04. The firm had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.78 billion. Paychex had a return on equity of 48.52% and a net margin of 25.84%.The business’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 earnings per share. Analysts anticipate that Paychex, Inc. will post 5.5 earnings per share for the current year.

Paychex Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Wednesday, May 13th were given a $1.19 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This is an increase from Paychex’s previous quarterly dividend of $1.08. This represents a $4.76 annualized dividend and a dividend yield of 4.8%. Paychex’s dividend payout ratio (DPR) is currently 104.85%.

Paychex Company Profile

(Free Report)

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.