First Nebraska Trust Co Buys New Holdings in Paychex, Inc. $PAYX

Posted by Brian Himes on Nov 4th, 2026

First Nebraska Trust Co purchased a new position in shares of Paychex, Inc. (NASDAQ:PAYX – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 93,167 shares of the business services provider’s stock, valued at approximately $9,177,000. Paychex accounts for about 0.8% of First Nebraska Trust Co’s portfolio, making the stock its 28th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Aware Super Pty Ltd as trustee of Aware Super increased its stake in shares of Paychex by 22.5% in the 3rd quarter. Aware Super Pty Ltd as trustee of Aware Super now owns 157,228 shares of the business services provider’s stock valued at $15,487,000 after purchasing an additional 28,830 shares during the last quarter. Signature Equity Partners LLC lifted its position in shares of Paychex by 16.5% during the 3rd quarter. Signature Equity Partners LLC now owns 1,436 shares of the business services provider’s stock worth $141,000 after buying an additional 203 shares during the last quarter. Ridgepath Capital Management LLC lifted its position in shares of Paychex by 4.7% during the 3rd quarter. Ridgepath Capital Management LLC now owns 44,540 shares of the business services provider’s stock worth $4,387,000 after buying an additional 2,018 shares during the last quarter. Welch Group LLC lifted its position in shares of Paychex by 1.3% during the 3rd quarter. Welch Group LLC now owns 509,897 shares of the business services provider’s stock worth $50,225,000 after buying an additional 6,320 shares during the last quarter. Finally, Bank Julius Baer & Co. Ltd Zurich boosted its stake in Paychex by 83.4% in the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 44,806 shares of the business services provider’s stock valued at $4,415,000 after buying an additional 20,376 shares in the last quarter. Institutional investors own 83.47% of the company’s stock.

Insiders Place Their Bets

In other Paychex news, Director Joseph Velli sold 7,839 shares of the stock in a transaction dated Wednesday, October 14th. The stock was sold at an average price of $107.68, for a total transaction of $844,103.52. Following the completion of the sale, the director directly owned 81,725 shares in the company, valued at approximately $8,800,148. This trade represents a 8.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.60% of the company’s stock.

Paychex Stock Up 0.1%

Shares of NASDAQ PAYX opened at $115.65 on Wednesday. The company has a market capitalization of $41.17 billion, a P/E ratio of 22.95, a price-to-earnings-growth ratio of 2.42 and a beta of 0.81. Paychex, Inc. has a 52-week low of $85.45 and a 52-week high of $127.98. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.28 and a current ratio of 1.28. The company’s 50 day moving average price is $112.42 and its 200-day moving average price is $103.65.

Paychex (NASDAQ:PAYX – Get Free Report) last posted its quarterly earnings data on Wednesday, September 23rd. The business services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.02. Paychex had a net margin of 27.35% and a return on equity of 52.78%. The company had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.63 billion. During the same period in the prior year, the company posted $1.22 earnings per share. Paychex’s revenue for the quarter was up 5.9% compared to the same quarter last year. Paychex has set its FY 2027 guidance at 5.896-6.006 EPS. Equities analysts forecast that Paychex, Inc. will post 5.96 earnings per share for the current year.

Paychex Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Monday, October 26th will be given a dividend of $1.19 per share. The ex-dividend date of this dividend is Monday, October 26th. This represents a $4.76 dividend on an annualized basis and a yield of 4.1%. Paychex’s dividend payout ratio is 94.44%.

Analyst Ratings Changes

PAYX has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Paychex in a research note on Friday, October 16th. Cantor Fitzgerald reduced their price target on shares of Paychex from $112.00 to $96.00 and set an “underweight” rating on the stock in a research note on Monday, September 28th. Raymond James Financial raised shares of Paychex from a “market perform” rating to an “outperform” rating and set a $210.00 price target on the stock in a report on Thursday, July 16th. Wells Fargo & Company lifted their price target on shares of Paychex from $95.00 to $111.00 and gave the company an “underweight” rating in a report on Wednesday, September 9th. Finally, Guggenheim reiterated a “neutral” rating on shares of Paychex in a research report on Thursday, September 17th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $127.88.

Get Our Latest Research Report on PAYX

About Paychex

(Free Report)

Paychex, Inc provides payroll, human resources and employee-benefits solutions to small and medium-sized businesses. Its offerings include payroll processing, tax administration, time and attendance management, recruiting, onboarding, human resources administration, compliance support and employee benefits services.

The company also provides retirement-plan services, insurance solutions and professional employer organization services. Through its software and outsourced services, Paychex helps employers manage workforce administration, employee data and regulatory requirements.

Paychex was founded in 1971 by B.