The Manufacturers Life Insurance Company Purchases Shares of 12,539 Paycom Software, Inc. $PAYC

Posted by Brenda Bartman on Sep 4th, 2026

The Manufacturers Life Insurance Company purchased a new stake in Paycom Software, Inc. (NYSE:PAYC – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 12,539 shares of the software maker’s stock, valued at approximately $1,576,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. CYBER HORNET ETFs LLC bought a new position in shares of Paycom Software during the second quarter worth about $29,000. MUFG Securities EMEA plc acquired a new stake in Paycom Software in the 2nd quarter valued at approximately $33,000. Brown Brothers Harriman & Co. lifted its stake in Paycom Software by 190.6% in the 4th quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker’s stock valued at $25,000 after acquiring an additional 101 shares in the last quarter. Palisade Asset Management LLC bought a new stake in Paycom Software in the 3rd quarter valued at approximately $33,000. Finally, Clearstead Advisors LLC boosted its position in Paycom Software by 140.3% during the 4th quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock worth $26,000 after acquiring an additional 94 shares during the last quarter. 87.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently weighed in on PAYC. Mizuho raised their price target on shares of Paycom Software from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. TD Cowen boosted their price objective on shares of Paycom Software from $149.00 to $244.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Weiss Ratings upgraded shares of Paycom Software from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. BMO Capital Markets raised their target price on shares of Paycom Software from $145.00 to $208.00 and gave the company a “market perform” rating in a research report on Thursday, August 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Paycom Software from $140.00 to $264.00 and gave the company a “neutral” rating in a research note on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $214.23.

Get Our Latest Stock Analysis on Paycom Software

Insiders Place Their Bets

In other Paycom Software news, insider Shane Hadlock sold 2,577 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $237.60, for a total transaction of $612,295.20. Following the sale, the insider directly owned 70,152 shares of the company’s stock, valued at approximately $16,668,115.20. This represents a 3.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 13.20% of the company’s stock.

Paycom Software Stock Up 1.9%

PAYC stock opened at $240.70 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.57. The business has a 50 day moving average price of $180.28 and a two-hundred day moving average price of $146.85. The company has a market cap of $10.85 billion, a price-to-earnings ratio of 25.58, a P/E/G ratio of 1.31 and a beta of 0.78. Paycom Software, Inc. has a twelve month low of $104.90 and a twelve month high of $244.98.

Paycom Software (NYSE:PAYC – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The software maker reported $2.78 earnings per share for the quarter, topping the consensus estimate of $2.38 by $0.40. Paycom Software had a return on equity of 37.06% and a net margin of 22.78%.The firm had revenue of $531.20 million for the quarter, compared to analyst estimates of $513.12 million. During the same quarter in the previous year, the firm earned $2.06 EPS. The business’s quarterly revenue was up 9.8% on a year-over-year basis. Analysts anticipate that Paycom Software, Inc. will post 10.65 EPS for the current fiscal year.

Paycom Software Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, August 24th. Paycom Software’s payout ratio is presently 15.94%.

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.