KeyCorp Issues Positive Forecast for Paycom Software (NYSE:PAYC) Stock Price

Posted by Geri Gentry on Sep 22nd, 2026

Paycom Software (NYSE:PAYC – Free Report) had its price target boosted by KeyCorp from $270.00 to $280.00 in a research report sent to investors on Monday,Benzinga reports. They currently have an overweight rating on the software maker’s stock.

Several other equities research analysts have also commented on the stock. Stifel Nicolaus boosted their target price on shares of Paycom Software from $120.00 to $200.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Guggenheim increased their price target on shares of Paycom Software from $180.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Wall Street Zen cut shares of Paycom Software from a “buy” rating to a “hold” rating in a research note on Sunday, September 6th. BMO Capital Markets boosted their price objective on shares of Paycom Software from $145.00 to $208.00 and gave the stock a “market perform” rating in a report on Thursday, August 6th. Finally, BTIG Research upped their target price on shares of Paycom Software from $160.00 to $230.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, Paycom Software has a consensus rating of “Hold” and a consensus price target of $215.00.

Read Our Latest Stock Report on Paycom Software

Paycom Software Stock Down 0.1%

PAYC opened at $226.10 on Monday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07. The business has a 50 day simple moving average of $201.25 and a 200-day simple moving average of $155.36. The stock has a market capitalization of $10.19 billion, a P/E ratio of 24.03, a P/E/G ratio of 1.26 and a beta of 0.78. Paycom Software has a 12 month low of $104.90 and a 12 month high of $244.98.

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

Paycom Software Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th were issued a $0.375 dividend. The ex-dividend date of this dividend was Monday, August 24th. This represents a $1.50 annualized dividend and a yield of 0.7%. Paycom Software’s dividend payout ratio is 15.94%.

Insider Buying and Selling at Paycom Software

In other news, insider Shane Hadlock sold 2,577 shares of Paycom Software stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $237.60, for a total transaction of $612,295.20. Following the completion of the transaction, the insider owned 70,152 shares of the company’s stock, valued at $16,668,115.20. The trade was a 3.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 13.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Paycom Software

Several hedge funds have recently added to or reduced their stakes in PAYC. Archford Capital Strategies LLC raised its position in shares of Paycom Software by 1.1% during the second quarter. Archford Capital Strategies LLC now owns 4,684 shares of the software maker’s stock worth $589,000 after purchasing an additional 49 shares during the period. Lido Advisors LLC lifted its position in shares of Paycom Software by 1.4% in the fourth quarter. Lido Advisors LLC now owns 6,286 shares of the software maker’s stock worth $1,081,000 after purchasing an additional 87 shares in the last quarter. Evoke Wealth LLC lifted its position in Paycom Software by 2.8% during the 4th quarter. Evoke Wealth LLC now owns 3,335 shares of the software maker’s stock worth $531,000 after buying an additional 90 shares in the last quarter. Johnson Financial Group LLC boosted its position in Paycom Software by 0.4% during the fourth quarter. Johnson Financial Group LLC now owns 25,091 shares of the software maker’s stock valued at $3,999,000 after purchasing an additional 91 shares during the last quarter. Finally, Clearstead Advisors LLC boosted its holdings in shares of Paycom Software by 140.3% in the 4th quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock valued at $26,000 after buying an additional 94 shares during the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

About Paycom Software

(Get Free Report)

Paycom Software, Inc is a provider of cloud-based payroll and human capital management (HCM) software for businesses. Its platform is designed to help organizations manage employee data and payroll processes through a unified system, serving small, midsize and larger employers primarily in the United States.

The company’s products and services include payroll processing, tax management, time and labor management, talent acquisition, onboarding, employee learning, performance management, compensation planning, benefits administration, expense management and compliance tools.