Lido Advisors LLC Increases Stake in Paychex, Inc. $PAYX

Posted by George Bondi on Jul 27th, 2026

Lido Advisors LLC increased its stake in Paychex, Inc. (NASDAQ:PAYX – Free Report) by 85.1% in the first quarter, Holdings Channel reports. The firm owned 21,578 shares of the business services provider’s stock after purchasing an additional 9,919 shares during the period. Lido Advisors LLC’s holdings in Paychex were worth $1,988,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of PAYX. Hilton Head Capital Partners LLC purchased a new position in Paychex in the 4th quarter worth $31,000. Cornerstone Planning Group LLC grew its stake in Paychex by 957.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 296 shares of the business services provider’s stock valued at $30,000 after purchasing an additional 268 shares during the last quarter. Kingdom Financial Group LLC. acquired a new position in shares of Paychex in the fourth quarter valued at about $33,000. Acumen Wealth Advisors LLC acquired a new position in shares of Paychex in the fourth quarter valued at about $34,000. Finally, Wealth Watch Advisors INC purchased a new position in shares of Paychex in the third quarter worth about $42,000. Hedge funds and other institutional investors own 83.47% of the company’s stock.

Paychex Stock Performance

PAYX opened at $113.55 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 1.26 and a quick ratio of 1.26. The firm has a fifty day moving average price of $102.13 and a 200 day moving average price of $98.32. Paychex, Inc. has a 1 year low of $85.45 and a 1 year high of $148.11. The stock has a market cap of $40.39 billion, a P/E ratio of 23.22 and a beta of 0.84.

Paychex (NASDAQ:PAYX – Get Free Report) last released its quarterly earnings results on Wednesday, June 24th. The business services provider reported $1.32 EPS for the quarter, beating the consensus estimate of $1.31 by $0.01. The company had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.60 billion. Paychex had a net margin of 27.03% and a return on equity of 50.90%. The firm’s revenue was up 12.5% on a year-over-year basis. During the same quarter last year, the business earned $1.19 earnings per share. Paychex has set its FY 2027 guidance at 5.900-6.010 EPS. Equities research analysts anticipate that Paychex, Inc. will post 5.96 earnings per share for the current year.

Paychex Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, July 28th will be paid a dividend of $1.19 per share. This represents a $4.76 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Tuesday, July 28th. Paychex’s dividend payout ratio is presently 97.34%.

Insider Activity

In other news, Director Joseph M. Tucci sold 3,907 shares of Paychex stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $98.25, for a total value of $383,862.75. Following the sale, the director directly owned 67,364 shares of the company’s stock, valued at $6,618,513. The trade was a 5.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.80% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. lifted their target price on Paychex from $100.00 to $105.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Weiss Ratings raised shares of Paychex from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, July 20th. Cantor Fitzgerald restated an “underweight” rating and set a $107.00 price objective on shares of Paychex in a research note on Monday, July 20th. TD Cowen upped their price objective on shares of Paychex from $94.00 to $98.00 and gave the company a “hold” rating in a report on Monday, June 8th. Finally, Citigroup upgraded shares of Paychex from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $99.00 to $140.00 in a research note on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $107.53.

Check Out Our Latest Analysis on PAYX

About Paychex

(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.