Sovereign s Capital Management LLC Grows Stock Position in Paycom Software, Inc. $PAYC

Posted by Francis Steltz on Jun 17th, 2026

Sovereign s Capital Management LLC grew its holdings in shares of Paycom Software, Inc. (NYSE:PAYC – Free Report) by 90.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 25,786 shares of the software maker’s stock after purchasing an additional 12,241 shares during the quarter. Paycom Software makes up approximately 2.5% of Sovereign s Capital Management LLC’s investment portfolio, making the stock its 17th largest position. Sovereign s Capital Management LLC’s holdings in Paycom Software were worth $4,109,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sienna Gestion purchased a new stake in shares of Paycom Software during the 3rd quarter valued at about $4,515,000. Berkeley Inc increased its position in shares of Paycom Software by 47.5% during the 4th quarter. Berkeley Inc now owns 40,794 shares of the software maker’s stock valued at $6,501,000 after purchasing an additional 13,140 shares during the last quarter. Willis Investment Counsel increased its position in shares of Paycom Software by 122.2% during the 4th quarter. Willis Investment Counsel now owns 22,100 shares of the software maker’s stock valued at $3,522,000 after purchasing an additional 12,156 shares during the last quarter. Nordea Investment Management AB increased its position in shares of Paycom Software by 203.1% during the 4th quarter. Nordea Investment Management AB now owns 190,276 shares of the software maker’s stock valued at $30,336,000 after purchasing an additional 127,493 shares during the last quarter. Finally, Harbor Capital Advisors Inc. purchased a new stake in shares of Paycom Software during the 4th quarter valued at about $1,911,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Paycom Software Trading Down 4.0%

Paycom Software stock opened at $129.32 on Wednesday. The firm has a 50 day moving average of $131.69 and a 200 day moving average of $138.16. The firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 14.95, a P/E/G ratio of 1.17 and a beta of 0.79. Paycom Software, Inc. has a 12-month low of $104.90 and a 12-month high of $248.95. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.83.

Paycom Software (NYSE:PAYC – Get Free Report) last released its earnings results on Wednesday, May 6th. The software maker reported $3.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.16. The company had revenue of $571.80 million during the quarter, compared to analyst estimates of $564.37 million. Paycom Software had a net margin of 22.44% and a return on equity of 28.34%. The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.80 EPS. As a group, research analysts predict 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. Shareholders of record on Tuesday, May 26th were paid a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.2%. The ex-dividend date was Tuesday, May 26th. Paycom Software’s dividend payout ratio is presently 17.34%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. BTIG Research upped their price target on shares of Paycom Software from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Thursday, May 7th. UBS Group reduced their target price on shares of Paycom Software from $210.00 to $183.00 and set a “buy” rating for the company in a report on Tuesday, April 21st. Citigroup increased their target price on shares of Paycom Software from $120.00 to $136.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. BMO Capital Markets increased their target price on shares of Paycom Software from $137.00 to $145.00 and gave the stock a “market perform” rating in a report on Thursday, May 7th. Finally, Cantor Fitzgerald increased their target price on shares of Paycom Software from $115.00 to $135.00 and gave the stock a “neutral” rating in a report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $159.67.

View Our Latest Research Report on Paycom Software

About Paycom Software

(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.