ING Groep NV Buys New Position in Paycom Software, Inc. $PAYC

Posted by Geri Gentry on Jun 11th, 2026

ING Groep NV purchased a new position in Paycom Software, Inc. (NYSE:PAYC – Free Report) during the 4th quarter, HoldingsChannel reports. The firm purchased 6,315 shares of the software maker’s stock, valued at approximately $1,006,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Reinhart Partners LLC. grew its stake in shares of Paycom Software by 887.4% in the 4th quarter. Reinhart Partners LLC. now owns 598,323 shares of the software maker’s stock worth $95,351,000 after purchasing an additional 537,726 shares during the last quarter. Two Sigma Investments LP lifted its stake in Paycom Software by 228.7% during the third quarter. Two Sigma Investments LP now owns 532,124 shares of the software maker’s stock valued at $110,756,000 after purchasing an additional 370,219 shares during the last quarter. Woodline Partners LP acquired a new stake in Paycom Software during the third quarter valued at approximately $58,452,000. Robeco Institutional Asset Management B.V. boosted its holdings in Paycom Software by 230.9% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 341,286 shares of the software maker’s stock worth $54,387,000 after buying an additional 238,155 shares in the last quarter. Finally, Freestone Grove Partners LP bought a new stake in Paycom Software during the third quarter worth approximately $42,414,000. 87.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on PAYC shares. BTIG Research upped their price target on Paycom Software from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Mizuho lifted their target price on Paycom Software from $120.00 to $130.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. TD Cowen boosted their target price on Paycom Software from $148.00 to $154.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Citigroup upped their target price on Paycom Software from $120.00 to $136.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Guggenheim decreased their price target on Paycom Software from $210.00 to $180.00 and set a “buy” rating for the company in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $159.67.

View Our Latest Stock Analysis on PAYC

Paycom Software Stock Up 0.7%

Shares of NYSE:PAYC opened at $137.09 on Thursday. The firm has a 50 day simple moving average of $130.85 and a 200 day simple moving average of $138.97. Paycom Software, Inc. has a 52 week low of $104.90 and a 52 week high of $255.46. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market cap of $6.53 billion, a PE ratio of 15.85, a price-to-earnings-growth ratio of 1.18 and a beta of 0.79.

Paycom Software (NYSE:PAYC – Get Free Report) last announced its earnings results on Wednesday, May 6th. The software maker reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.99 by $0.16. The company had revenue of $571.80 million for the quarter, compared to the consensus estimate of $564.37 million. Paycom Software had a net margin of 22.44% and a return on equity of 28.34%. The company’s revenue was up 7.8% on a year-over-year basis. During the same period in the previous year, the business earned $2.80 EPS. As a group, research analysts expect that Paycom Software, Inc. will post 9.16 earnings per share for the current year.

Paycom Software Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th were issued a dividend of $0.375 per share. The ex-dividend date was Tuesday, May 26th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.1%. Paycom Software’s payout ratio is currently 17.34%.

Paycom Software Profile

(Free Report)

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.