Van ECK Associates Corp Acquires Shares of 38,890 Paycom Software, Inc. $PAYC

Posted by Brian Himes on Sep 3rd, 2026

Van ECK Associates Corp bought a new stake in Paycom Software, Inc. (NYSE:PAYC – Free Report) in the 2nd quarter, Holdings Channel reports. The fund bought 38,890 shares of the software maker’s stock, valued at approximately $4,888,000.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Paycom Software in the 4th quarter valued at about $638,000. AQR Capital Management LLC grew its stake in Paycom Software by 23.7% during the 1st quarter. AQR Capital Management LLC now owns 19,155 shares of the software maker’s stock worth $4,136,000 after buying an additional 3,674 shares during the last quarter. United Services Automobile Association acquired a new stake in shares of Paycom Software in the 1st quarter worth about $215,000. Empowered Funds LLC increased its stake in shares of Paycom Software by 22.8% in the first quarter. Empowered Funds LLC now owns 7,958 shares of the software maker’s stock valued at $1,739,000 after purchasing an additional 1,480 shares during the period. Finally, Focus Partners Wealth raised its stake in Paycom Software by 220.8% during the 1st quarter. Focus Partners Wealth now owns 3,940 shares of the software maker’s stock valued at $861,000 after acquiring an additional 2,712 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

Insider Buying and Selling

In related news, insider Terrell Shane Hadlock sold 241 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $240.07, for a total value of $57,856.87. Following the sale, the insider directly owned 69,911 shares of the company’s stock, valued at approximately $16,783,533.77. The trade was a 0.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 13.20% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on PAYC shares. UBS Group upped their target price on Paycom Software from $205.00 to $285.00 and gave the stock a “buy” rating in a research report on Tuesday. Stifel Nicolaus raised their target price on shares of Paycom Software from $120.00 to $200.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. JPMorgan Chase & Co. lifted their price target on Paycom Software from $140.00 to $264.00 and gave the company a “neutral” rating in a report on Tuesday, August 25th. Mizuho boosted their price objective on shares of Paycom Software from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Finally, Weiss Ratings raised Paycom Software from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $214.23.

Read Our Latest Analysis on Paycom Software

Paycom Software Stock Performance

Shares of NYSE:PAYC opened at $235.49 on Thursday. The stock has a market capitalization of $10.61 billion, a price-to-earnings ratio of 25.03, a price-to-earnings-growth ratio of 1.32 and a beta of 0.78. The business’s fifty day moving average price is $177.95 and its two-hundred day moving average price is $146.04. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. Paycom Software, Inc. has a fifty-two week low of $104.90 and a fifty-two week high of $243.28.

Paycom Software (NYSE:PAYC – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The software maker reported $2.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.38 by $0.40. Paycom Software had a return on equity of 37.06% and a net margin of 22.78%.The business had revenue of $531.20 million during the quarter, compared to analysts’ expectations of $513.12 million. During the same period in the previous year, the business posted $2.06 earnings per share. The firm’s revenue for the quarter was up 9.8% compared to the same quarter last year. As a group, analysts predict that Paycom Software, Inc. will post 10.65 EPS for the current fiscal year.

Paycom Software Announces Dividend

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

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.