Kestra Advisory Services LLC Increases Stock Holdings in Paylocity Holding Corporation $PCTY

Posted by Stanley Muller on Jul 24th, 2026

Kestra Advisory Services LLC lifted its position in Paylocity Holding Corporation (NASDAQ:PCTY – Free Report) by 495.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 8,687 shares of the software maker’s stock after acquiring an additional 7,228 shares during the quarter. Kestra Advisory Services LLC’s holdings in Paylocity were worth $939,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in PCTY. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Paylocity by 5.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 136,388 shares of the software maker’s stock worth $25,551,000 after buying an additional 7,594 shares during the last quarter. Focus Partners Wealth boosted its position in Paylocity by 24.5% in the first quarter. Focus Partners Wealth now owns 1,365 shares of the software maker’s stock worth $256,000 after purchasing an additional 269 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Paylocity by 537.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 465 shares of the software maker’s stock valued at $84,000 after purchasing an additional 392 shares during the last quarter. Marshall Wace LLP raised its stake in shares of Paylocity by 2,782.7% during the 2nd quarter. Marshall Wace LLP now owns 35,688 shares of the software maker’s stock worth $6,466,000 after purchasing an additional 34,450 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of Paylocity by 10.0% during the 2nd quarter. Cerity Partners LLC now owns 19,241 shares of the software maker’s stock worth $3,486,000 after purchasing an additional 1,749 shares during the period. 94.76% of the stock is owned by institutional investors.

Paylocity Price Performance

Paylocity stock opened at $120.60 on Friday. The firm has a market capitalization of $6.46 billion, a P/E ratio of 25.71 and a beta of 0.52. Paylocity Holding Corporation has a one year low of $92.99 and a one year high of $197.78. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.08 and a quick ratio of 1.08. The business has a fifty day moving average price of $112.74 and a 200-day moving average price of $115.02.

Analyst Ratings Changes

A number of research firms recently issued reports on PCTY. Wall Street Zen downgraded shares of Paylocity from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Citizens Jmp decreased their target price on Paylocity from $170.00 to $150.00 and set a “market outperform” rating for the company in a research report on Friday, May 8th. Barclays boosted their target price on Paylocity from $120.00 to $128.00 and gave the company an “equal weight” rating in a research note on Monday, May 11th. Jefferies Financial Group set a $135.00 price target on Paylocity in a research report on Saturday, May 9th. Finally, KeyCorp cut their price target on Paylocity from $190.00 to $172.00 and set an “overweight” rating for the company in a research note on Tuesday, April 28th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $151.88.

Check Out Our Latest Analysis on PCTY

Insider Transactions at Paylocity

In other news, SVP Andrew Cappotelli sold 899 shares of Paylocity stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $115.05, for a total transaction of $103,429.95. Following the completion of the sale, the senior vice president owned 17,679 shares in the company, valued at approximately $2,033,968.95. This trade represents a 4.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 19.40% of the company’s stock.

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.