Paylocity Holding Corporation (NASDAQ:PCTY) Receives $160.28 Consensus Price Target from Brokerages

Posted by Geri Gentry on Jun 25th, 2026

Paylocity Holding Corporation (NASDAQ:PCTY – Get Free Report) has been given a consensus rating of “Moderate Buy” by the nineteen analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation, fourteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $160.2778.

PCTY has been the topic of several analyst reports. Robert W. Baird set a $193.00 price objective on Paylocity in a report on Friday, May 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Paylocity in a report on Friday, April 24th. Stephens decreased their price objective on Paylocity from $160.00 to $120.00 and set an “equal weight” rating on the stock in a report on Friday, May 8th. Barclays lifted their price objective on Paylocity from $120.00 to $128.00 and gave the stock an “equal weight” rating in a report on Monday, May 11th. Finally, Citigroup lifted their price objective on Paylocity from $133.00 to $136.00 and gave the stock a “buy” rating in a report on Monday, May 11th.

Read Our Latest Analysis on Paylocity

Insider Activity at Paylocity

In other news, SVP Andrew Cappotelli sold 899 shares of the business’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $115.05, for a total value of $103,429.95. Following the sale, the senior vice president directly owned 17,679 shares of the company’s stock, valued at $2,033,968.95. The trade was a 4.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 19.40% of the stock is currently owned by corporate insiders.

Institutional Trading of Paylocity

A number of hedge funds have recently made changes to their positions in PCTY. Alyeska Investment Group L.P. bought a new stake in shares of Paylocity in the 3rd quarter worth approximately $104,657,000. Norges Bank bought a new stake in shares of Paylocity in the 4th quarter worth approximately $88,428,000. Morgan Stanley boosted its position in shares of Paylocity by 117.9% in the 4th quarter. Morgan Stanley now owns 817,209 shares of the software maker’s stock worth $124,625,000 after purchasing an additional 442,218 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Paylocity by 75.1% in the 4th quarter. AQR Capital Management LLC now owns 943,591 shares of the software maker’s stock worth $143,747,000 after purchasing an additional 404,605 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its position in shares of Paylocity by 261.2% in the 4th quarter. BNP Paribas Financial Markets now owns 534,487 shares of the software maker’s stock worth $81,509,000 after purchasing an additional 386,494 shares in the last quarter. 94.76% of the stock is owned by institutional investors.

Paylocity Stock Up 2.9%

PCTY opened at $103.79 on Thursday. The company has a market cap of $5.56 billion, a P/E ratio of 22.13 and a beta of 0.51. The business’s 50-day moving average price is $107.31 and its 200-day moving average price is $119.97. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 0.07. Paylocity has a 12 month low of $92.99 and a 12 month high of $197.78.

About Paylocity

(Get 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.