Raleigh Capital Management Inc. Acquires 14,425 Shares of Paychex, Inc. $PAYX

Posted by Stanley Muller on Jul 5th, 2026

Raleigh Capital Management Inc. raised its holdings in shares of Paychex, Inc. (NASDAQ:PAYX – Free Report) by 126.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 25,835 shares of the business services provider’s stock after acquiring an additional 14,425 shares during the quarter. Raleigh Capital Management Inc.’s holdings in Paychex were worth $2,380,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in shares of Paychex by 12.1% during the fourth quarter. Vanguard Group Inc. now owns 42,348,625 shares of the business services provider’s stock valued at $4,750,669,000 after purchasing an additional 4,583,157 shares during the last quarter. LBP AM SA lifted its position in Paychex by 125.2% during the fourth quarter. LBP AM SA now owns 40,517 shares of the business services provider’s stock valued at $4,545,000 after purchasing an additional 22,527 shares during the period. Tectonic Advisors LLC lifted its position in Paychex by 17.4% during the fourth quarter. Tectonic Advisors LLC now owns 79,708 shares of the business services provider’s stock valued at $8,942,000 after purchasing an additional 11,805 shares during the period. Comerica Bank boosted its holdings in Paychex by 10.4% in the fourth quarter. Comerica Bank now owns 121,705 shares of the business services provider’s stock worth $13,653,000 after purchasing an additional 11,497 shares during the last quarter. Finally, Barclays PLC boosted its holdings in Paychex by 38.1% in the third quarter. Barclays PLC now owns 1,856,157 shares of the business services provider’s stock worth $235,286,000 after purchasing an additional 511,728 shares during the last quarter. Institutional investors own 83.47% of the company’s stock.

Paychex Price Performance

PAYX opened at $106.35 on Friday. The firm’s 50 day simple moving average is $96.60 and its two-hundred day simple moving average is $98.76. The company has a market capitalization of $38.10 billion, a PE ratio of 21.75 and a beta of 0.84. Paychex, Inc. has a 1-year low of $85.45 and a 1-year high of $148.11. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.22.

Paychex (NASDAQ:PAYX – Get Free Report) last issued its quarterly earnings data on Wednesday, June 24th. The business services provider reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.01. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.60 billion. Paychex had a net margin of 27.03% and a return on equity of 50.90%. The company’s revenue for the quarter was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.19 EPS. Paychex has set its FY 2027 guidance at 5.900-6.010 EPS. As a group, equities analysts forecast that Paychex, Inc. will post 5.97 EPS for the current year.

Paychex Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th were issued a dividend of $1.19 per share. This is an increase from Paychex’s previous quarterly dividend of $1.08. This represents a $4.76 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Wednesday, May 13th. Paychex’s payout ratio is presently 97.34%.

Insider Buying and Selling at Paychex

In related news, Director Joseph M. Tucci sold 3,907 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $98.25, for a total value of $383,862.75. Following the completion of the transaction, the director owned 67,364 shares of the company’s stock, valued at approximately $6,618,513. This represents a 5.48% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on PAYX shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of Paychex in a report on Thursday, May 28th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Paychex in a report on Friday, April 24th. Wells Fargo & Company reduced their price objective on Paychex from $116.00 to $95.00 and set an “underweight” rating for the company in a research report on Thursday, March 26th. Stifel Nicolaus increased their target price on Paychex from $105.00 to $110.00 and gave the company a “hold” rating in a report on Wednesday, June 17th. Finally, Robert W. Baird dropped their target price on Paychex from $148.00 to $125.00 and set a “neutral” rating on the stock in a research report on Thursday, March 26th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $105.80.

Get Our Latest Stock Report on Paychex

Paychex Profile

(Free Report)

Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.