VIRGINIA RETIREMENT SYSTEMS ET Al Acquires Shares of 6,200 Paylocity Holding Corporation $PCTY

Posted by Francis Steltz on May 17th, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Paylocity Holding Corporation (NASDAQ:PCTY – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 6,200 shares of the software maker’s stock, valued at approximately $946,000.

Several other institutional investors also recently bought and sold shares of the business. Flagship Harbor Advisors LLC acquired a new stake in shares of Paylocity in the fourth quarter worth approximately $27,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Paylocity by 363.4% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 190 shares of the software maker’s stock worth $29,000 after acquiring an additional 149 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Paylocity in the third quarter worth approximately $38,000. Pilgrim Partners Asia Pte Ltd acquired a new stake in shares of Paylocity in the third quarter worth approximately $41,000. Finally, Allworth Financial LP boosted its stake in shares of Paylocity by 88.0% in the third quarter. Allworth Financial LP now owns 282 shares of the software maker’s stock worth $45,000 after acquiring an additional 132 shares during the last quarter. 94.76% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PCTY. Stifel Nicolaus lowered their price target on Paylocity from $188.00 to $165.00 and set a “buy” rating on the stock in a research note on Friday, February 6th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Paylocity in a research note on Thursday, January 29th. KeyCorp lowered their price target on Paylocity from $190.00 to $172.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 28th. Jefferies Financial Group set a $135.00 price target on Paylocity in a research note on Saturday, May 9th. Finally, Citizens Jmp lowered their price target on Paylocity from $170.00 to $150.00 and set a “market outperform” rating on the stock in a research note on Friday, May 8th. Fourteen research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $160.28.

Check Out Our Latest Stock Report on Paylocity

Paylocity Stock Performance

Shares of Paylocity stock opened at $107.12 on Friday. Paylocity Holding Corporation has a one year low of $92.99 and a one year high of $201.62. The company has a market cap of $5.74 billion, a price-to-earnings ratio of 22.84 and a beta of 0.49. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.04 and a current ratio of 1.08. The business’s 50 day moving average price is $106.76 and its 200 day moving average price is $127.11.

Paylocity Profile

(Free Report)

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based payroll and human capital management (HCM) software designed to streamline workforce administration for mid-sized organizations. The company’s integrated platform automates core functions such as payroll processing, benefits administration, time and labor tracking, and compliance management, enabling employers to manage employee data more efficiently and reduce administrative burdens.

In addition to payroll and HR capabilities, Paylocity offers talent management solutions including recruiting, onboarding, performance tracking, and learning management.