Glenview Trust Co Purchases New Shares in Paycom Software, Inc. $PAYC

Posted by Brenda Bartman on Aug 29th, 2026

Glenview Trust Co purchased a new stake in shares of Paycom Software, Inc. (NYSE:PAYC – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 9,442 shares of the software maker’s stock, valued at approximately $1,187,000.

A number of other institutional investors also recently bought and sold shares of PAYC. BlackRock Inc. bought a new position in shares of Paycom Software in the 2nd quarter worth approximately $632,460,000. State Street Corp lifted its stake in shares of Paycom Software by 0.4% in the 4th quarter. State Street Corp now owns 2,165,546 shares of the software maker’s stock valued at $345,101,000 after purchasing an additional 8,419 shares during the period. First Trust Advisors LP boosted its position in shares of Paycom Software by 19.9% during the fourth quarter. First Trust Advisors LP now owns 1,665,529 shares of the software maker’s stock valued at $265,419,000 after purchasing an additional 275,954 shares in the last quarter. Invesco Ltd. grew its stake in Paycom Software by 28.2% in the fourth quarter. Invesco Ltd. now owns 1,559,682 shares of the software maker’s stock worth $248,551,000 after purchasing an additional 343,494 shares during the period. Finally, Reinhart Partners LLC. raised its holdings in Paycom Software by 20.1% in the second quarter. Reinhart Partners LLC. now owns 1,219,906 shares of the software maker’s stock worth $153,320,000 after purchasing an additional 204,191 shares in the last quarter. 87.77% of the stock is owned by institutional investors.

Paycom Software Stock Performance

PAYC opened at $239.00 on Friday. Paycom Software, Inc. has a 12-month low of $104.90 and a 12-month high of $242.50. The company’s 50 day moving average is $171.24 and its 200 day moving average is $143.49. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.57. The company has a market cap of $10.77 billion, a price-to-earnings ratio of 25.40, a PEG ratio of 1.32 and a beta of 0.76.

Paycom Software (NYSE:PAYC – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $2.78 earnings per share for the quarter, beating the consensus estimate of $2.38 by $0.40. Paycom Software had a net margin of 22.78% and a return on equity of 37.06%. The business had revenue of $531.20 million for the quarter, compared to the consensus estimate of $513.12 million. During the same quarter in the previous year, the firm earned $2.06 earnings per share. The company’s revenue for the quarter was up 9.8% on a year-over-year basis. On average, equities research analysts predict that Paycom Software, Inc. will post 10.65 EPS for the current year.

Paycom Software Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be paid a $0.375 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.50 dividend on an annualized basis and a yield of 0.6%. Paycom Software’s payout ratio is presently 15.94%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on PAYC. BTIG Research boosted their target price on shares of Paycom Software from $160.00 to $230.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Zacks Research raised shares of Paycom Software from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Barclays upped their price objective on shares of Paycom Software from $154.00 to $210.00 and gave the stock an “equal weight” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. raised their target price on shares of Paycom Software from $140.00 to $264.00 and gave the company a “neutral” rating in a research note on Tuesday. Finally, Guggenheim boosted their price target on Paycom Software from $180.00 to $225.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Paycom Software presently has a consensus rating of “Hold” and an average target price of $208.08.

Check Out Our Latest Report on PAYC

Paycom Software Profile

(Free Report)

Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.

The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.