Paylocity Holding Corporation $PCTY Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC raised its position in Paylocity Holding Corporation (NASDAQ:PCTY) by 8.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,368 shares of the software maker’s stock after purchasing an additional 259 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in Paylocity were worth $628,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in PCTY. TCTC Holdings LLC increased its stake in shares of Paylocity by 115.9% during the first quarter. TCTC Holdings LLC now owns 149 shares of the software maker’s stock valued at $28,000 after acquiring an additional 80 shares during the period. Hughes Financial Services LLC acquired a new position in shares of Paylocity during the first quarter valued at approximately $48,000. Bayforest Capital Ltd increased its stake in shares of Paylocity by 69.1% during the first quarter. Bayforest Capital Ltd now owns 296 shares of the software maker’s stock valued at $55,000 after acquiring an additional 121 shares during the period. SVB Wealth LLC acquired a new position in shares of Paylocity during the first quarter valued at approximately $61,000. Finally, IFP Advisors Inc increased its stake in shares of Paylocity by 248.5% during the second quarter. IFP Advisors Inc now owns 338 shares of the software maker’s stock valued at $61,000 after acquiring an additional 241 shares during the period. Institutional investors and hedge funds own 94.76% of the company’s stock.

Paylocity Stock Up 2.1%

Paylocity stock opened at $154.88 on Wednesday. The company has a market capitalization of $8.54 billion, a P/E ratio of 38.62, a P/E/G ratio of 2.92 and a beta of 0.53. The firm’s fifty day simple moving average is $166.22 and its 200-day simple moving average is $179.17. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.13. Paylocity Holding Corporation has a 1-year low of $147.60 and a 1-year high of $223.80.

Paylocity (NASDAQ:PCTY) last announced its earnings results on Tuesday, August 5th. The software maker reported $1.56 EPS for the quarter, topping the consensus estimate of $1.38 by $0.18. The firm had revenue of $400.74 million for the quarter, compared to the consensus estimate of $388.25 million. Paylocity had a net margin of 14.24% and a return on equity of 22.08%. The business’s quarterly revenue was up 12.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.48 EPS. Paylocity has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS. Sell-side analysts forecast that Paylocity Holding Corporation will post 4.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PCTY has been the topic of a number of research analyst reports. KeyCorp raised their price objective on shares of Paylocity from $220.00 to $225.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. Cowen restated a “buy” rating on shares of Paylocity in a report on Monday, October 6th. UBS Group reduced their target price on shares of Paylocity from $195.00 to $183.00 and set a “neutral” rating for the company in a report on Wednesday, September 17th. Guggenheim assumed coverage on shares of Paylocity in a report on Thursday, September 25th. They set a “neutral” rating for the company. Finally, Stephens assumed coverage on shares of Paylocity in a report on Monday, July 21st. They set an “equal weight” rating and a $200.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $220.71.

About Paylocity

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.