Paychex (NASDAQ:PAYX) CFO Robert Schrader Sells 2,600 Shares

Posted by George Bondi on Jul 29th, 2026

Paychex, Inc. (NASDAQ:PAYX – Get Free Report) CFO Robert Schrader sold 2,600 shares of the company’s stock in a transaction dated Monday, July 20th. The stock was sold at an average price of $115.09, for a total transaction of $299,234.00. Following the transaction, the chief financial officer owned 18,547 shares of the company’s stock, valued at $2,134,574.23. This represents a 12.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Paychex Stock Up 2.9%

PAYX stock opened at $118.87 on Wednesday. The stock has a market cap of $42.28 billion, a PE ratio of 24.31 and a beta of 0.84. The firm’s 50-day simple moving average is $103.04 and its 200 day simple moving average is $98.41. Paychex, Inc. has a fifty-two week low of $85.45 and a fifty-two week high of $148.00. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 1.22.

Paychex (NASDAQ:PAYX – Get Free Report) last posted its earnings results 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. Paychex had a net margin of 27.03% and a return on equity of 50.90%. The firm had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.60 billion. During the same period in the previous year, the business posted $1.19 EPS. Paychex’s revenue was up 12.5% on a year-over-year basis. Paychex has set its FY 2027 guidance at 5.900-6.010 EPS. As a group, sell-side analysts predict that Paychex, Inc. will post 5.96 EPS for the current year.

Paychex Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Tuesday, July 28th will be given a dividend of $1.19 per share. The ex-dividend date is Tuesday, July 28th. This represents a $4.76 annualized dividend and a dividend yield of 4.0%. Paychex’s payout ratio is currently 97.34%.

Institutional Investors Weigh In On Paychex

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PAYX. Cornerstone Planning Group LLC boosted 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 in the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of Paychex in the 4th quarter worth $31,000. Kingdom Financial Group LLC. bought a new stake in shares of Paychex in the 4th quarter worth $33,000. Leonteq Securities AG lifted its holdings in shares of Paychex by 2,669.2% in the first quarter. Leonteq Securities AG now owns 360 shares of the business services provider’s stock valued at $33,000 after buying an additional 347 shares during the period. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of Paychex in the fourth quarter valued at $34,000. Institutional investors own 83.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on PAYX. Stifel Nicolaus raised their target price on Paychex from $105.00 to $110.00 and gave the company a “hold” rating in a research report on Wednesday, June 17th. Morgan Stanley boosted their price target on Paychex from $107.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Tuesday, June 30th. TD Cowen increased their price target on Paychex from $94.00 to $98.00 and gave the stock a “hold” rating in a research note on Monday, June 8th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Paychex in a report on Thursday, May 28th. Finally, Weiss Ratings upgraded shares of Paychex from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $107.53.

Get Our Latest Stock Analysis on PAYX

About Paychex

(Get 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.