Legal & General Group Plc Buys 9,542 Shares of Paycom Software, Inc. $PAYC

Posted by Brenda Bartman on May 31st, 2026

Legal & General Group Plc grew its stake in Paycom Software, Inc. (NYSE:PAYC – Free Report) by 3.9% in the fourth quarter, HoldingsChannel reports. The fund owned 256,967 shares of the software maker’s stock after acquiring an additional 9,542 shares during the period. Legal & General Group Plc’s holdings in Paycom Software were worth $40,950,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of PAYC. Allianz Asset Management GmbH raised its stake in shares of Paycom Software by 10,106.6% in the third quarter. Allianz Asset Management GmbH now owns 486,957 shares of the software maker’s stock worth $101,355,000 after acquiring an additional 482,186 shares during the last quarter. Two Sigma Investments LP raised its stake in shares of Paycom Software by 228.7% in the third quarter. Two Sigma Investments LP now owns 532,124 shares of the software maker’s stock worth $110,756,000 after acquiring an additional 370,219 shares during the last quarter. Woodline Partners LP bought a new position in shares of Paycom Software in the third quarter worth about $58,452,000. Robeco Institutional Asset Management B.V. raised its stake in shares of Paycom Software by 230.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 341,286 shares of the software maker’s stock worth $54,387,000 after acquiring an additional 238,155 shares during the last quarter. Finally, Freestone Grove Partners LP bought a new position in shares of Paycom Software in the third quarter worth about $42,414,000. 87.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on PAYC. BMO Capital Markets boosted their target price on shares of Paycom Software from $137.00 to $145.00 and gave the stock a “market perform” rating in a research note on Thursday, May 7th. Guggenheim dropped their price target on shares of Paycom Software from $210.00 to $180.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. Mizuho boosted 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. Zacks Research raised shares of Paycom Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Finally, Jefferies Financial Group dropped their price target on shares of Paycom Software from $190.00 to $130.00 and set a “hold” rating for the company in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Paycom Software has an average rating of “Hold” and an average target price of $159.67.

View Our Latest Report on PAYC

Trending Headlines about Paycom Software

Here are the key news stories impacting Paycom Software this week:

Positive Sentiment: Zacks Research raised its earnings estimates across multiple periods for Paycom, including Q2 2026, Q3 2026, Q4 2026, FY2026, Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q1 2028, FY2027 and FY2028, signaling improving outlook for the company. Paycom Software stock page
Positive Sentiment: The analyst firm maintained a Strong-Buy rating, which may be supporting buying interest in the stock. Paycom Software stock page
Positive Sentiment: Paycom’s estimates were lifted again for FY2027 and FY2028, suggesting analysts see sustained earnings growth over the next several years. Paycom Software stock page
Neutral Sentiment: Recent market commentary noted that PAYC has also been trading with notable volatility and has at times underperformed peers despite recent gains, indicating sentiment is improving but not fully settled. MarketWatch article

Paycom Software Trading Up 2.0%

PAYC opened at $139.60 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market cap of $6.65 billion, a price-to-earnings ratio of 16.14, a price-to-earnings-growth ratio of 1.21 and a beta of 0.77. The firm has a 50 day simple moving average of $128.05 and a 200 day simple moving average of $140.56. Paycom Software, Inc. has a fifty-two week low of $104.90 and a fifty-two week high of $267.76.

Paycom Software (NYSE:PAYC – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The software maker reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.99 by $0.16. The business had revenue of $571.80 million during 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%. Paycom Software’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.80 earnings per share. On average, sell-side analysts anticipate that Paycom Software, Inc. will post 9.19 earnings per share for the current year.

Paycom Software Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Investors of record on Tuesday, May 26th will be issued a dividend of $0.375 per share. The ex-dividend date is Tuesday, May 26th. This represents a $1.50 dividend on an annualized basis and a yield of 1.1%. Paycom Software’s payout ratio is currently 17.34%.

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.