Lafayette Investments Inc. Purchases 12,565 Shares of Paycom Software, Inc. $PAYC

Posted by George Bondi on Jul 4th, 2026

Lafayette Investments Inc. increased its position in shares of Paycom Software, Inc. (NYSE:PAYC – Free Report) by 38.4% in the first quarter, Holdings Channel.com reports. The firm owned 45,308 shares of the software maker’s stock after purchasing an additional 12,565 shares during the quarter. Paycom Software comprises approximately 1.1% of Lafayette Investments Inc.’s investment portfolio, making the stock its 22nd biggest position. Lafayette Investments Inc.’s holdings in Paycom Software were worth $5,507,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Reinhart Partners LLC. raised its position in 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 period. Contour Asset Management LLC bought a new stake in Paycom Software in the fourth quarter worth about $60,333,000. Two Sigma Investments LP boosted its position in shares of 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 buying an additional 370,219 shares during the period. Invesco Ltd. boosted its position in shares of Paycom Software by 28.2% during the fourth quarter. Invesco Ltd. now owns 1,559,682 shares of the software maker’s stock valued at $248,551,000 after buying an additional 343,494 shares during the period. Finally, River Road Asset Management LLC boosted its position in shares of Paycom Software by 481.9% during the fourth quarter. River Road Asset Management LLC now owns 392,403 shares of the software maker’s stock valued at $62,533,000 after buying an additional 324,970 shares during the period. 87.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on PAYC shares. Weiss Ratings reiterated a “sell (d+)” rating on shares of Paycom Software in a report on Friday, May 1st. Citigroup raised their price target on Paycom Software from $120.00 to $136.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. BTIG Research boosted their price objective on Paycom Software from $140.00 to $160.00 and gave the company a “buy” rating in a report on Thursday, May 7th. BMO Capital Markets upped their price objective on Paycom Software from $137.00 to $145.00 and gave the company a “market perform” rating in a research report on Thursday, May 7th. Finally, UBS Group reduced their target price on Paycom Software from $210.00 to $183.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. One investment 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 assigned a Sell rating to the company. Based on data from MarketBeat, Paycom Software currently has a consensus rating of “Hold” and an average price target of $159.25.

View Our Latest Analysis on Paycom Software

Paycom Software Price Performance

Paycom Software stock opened at $138.88 on Friday. The stock has a market cap of $6.61 billion, a price-to-earnings ratio of 16.06, a price-to-earnings-growth ratio of 1.19 and a beta of 0.80. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.08 and a quick ratio of 1.08. Paycom Software, Inc. has a 1 year low of $104.90 and a 1 year high of $248.95. The firm has a 50-day moving average of $132.99 and a two-hundred day moving average of $135.12.

Paycom Software (NYSE:PAYC – Get Free Report) last issued its earnings results on Wednesday, May 6th. The software maker reported $3.15 EPS for the quarter, topping analysts’ consensus estimates of $2.99 by $0.16. The business 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 for the quarter was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.80 EPS. On average, research analysts forecast that Paycom Software, Inc. will post 9.32 earnings per share for the current year.

Paycom Software Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were issued a $0.375 dividend. 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 presently 17.34%.

Paycom Software Company 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.