76,086 Paychex, Inc. $PAYX Shares Sold by Mcdonald Capital Investors Inc. CA

Mcdonald Capital Investors Inc. CA trimmed its holdings in Paychex, Inc. (NASDAQ:PAYX) by 9.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 696,450 shares of the business services provider’s stock after selling 76,086 shares during the quarter. Paychex accounts for about 5.6% of Mcdonald Capital Investors Inc. CA’s portfolio, making the stock its 9th biggest holding. Mcdonald Capital Investors Inc. CA’s holdings in Paychex were worth $68,600,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Parkside Financial Bank & Trust grew its stake in shares of Paychex by 6.3% in the 2nd quarter. Parkside Financial Bank & Trust now owns 1,519 shares of the business services provider’s stock worth $149,000 after purchasing an additional 90 shares during the last quarter. Seelaus Asset Management LLC lifted its stake in Paychex by 2.0% during the first quarter. Seelaus Asset Management LLC now owns 5,464 shares of the business services provider’s stock valued at $503,000 after purchasing an additional 107 shares during the last quarter. United Community Bank boosted its holdings in Paychex by 3.1% during the second quarter. United Community Bank now owns 3,635 shares of the business services provider’s stock worth $357,000 after buying an additional 110 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its holdings in Paychex by 4.3% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 2,678 shares of the business services provider’s stock worth $247,000 after buying an additional 111 shares in the last quarter. Finally, Elevation Wealth Partners LLC boosted its holdings in Paychex by 45.5% during the second quarter. Elevation Wealth Partners LLC now owns 400 shares of the business services provider’s stock worth $39,000 after buying an additional 125 shares in the last quarter. Institutional investors own 83.47% of the company’s stock.

Insider Activity at Paychex

In related news, Director Joseph Velli sold 7,839 shares of the company’s stock in a transaction on Wednesday, October 14th. The stock was sold at an average price of $107.68, for a total transaction of $844,103.52. Following the transaction, the director directly owned 81,725 shares of the company’s stock, valued at approximately $8,800,148. The trade was a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Royal Bank Of Canada restated a “sector perform” rating and issued a $130.00 price target on shares of Paychex in a research report on Thursday, September 24th. Guggenheim reiterated a “neutral” rating on shares of Paychex in a research report on Thursday, September 17th. Jefferies Financial Group reduced their price objective on Paychex from $120.00 to $110.00 and set a “hold” rating for the company in a research note on Thursday, September 24th. Wells Fargo & Company raised their price objective on Paychex from $95.00 to $111.00 and gave the stock an “underweight” rating in a research note on Wednesday, September 9th. Finally, Bank of America cut their target price on Paychex from $450.00 to $225.00 in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $127.59.

Paychex Stock Performance

Paychex stock opened at $109.26 on Wednesday. The company has a 50 day moving average price of $113.52 and a 200 day moving average price of $103.65. Paychex, Inc. has a 52 week low of $85.45 and a 52 week high of $127.98. The firm has a market capitalization of $38.89 billion, a price-to-earnings ratio of 21.68 and a beta of 0.86.

Paychex (NASDAQ:PAYX) last posted its quarterly earnings data on Wednesday, September 23rd. The business services provider reported $1.34 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.02. The firm had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.63 billion. During the same quarter in the previous year, the firm posted $1.22 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Paychex has set its FY 2027 guidance at 5.896-6.006 EPS. Equities analysts forecast that Paychex, Inc. will post 5.96 earnings per share for the current fiscal year.

Paychex Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, October 26th will be given a $1.19 dividend. This represents a $4.76 annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend is Monday, October 26th. Paychex’s dividend payout ratio (DPR) is 94.44%.

Paychex News Summary

Here are the key news stories impacting Paychex this week:

• Positive Sentiment: Dividend and recurring revenue provide support. A bullish investment thesis highlights Paychex’s recurring payroll and HR-services revenue, strong profitability, and shareholder distributions as potential reasons for long-term investor confidence to recover. Paychex dividend moat and recurring revenue article
• Positive Sentiment: Shareholder payout remains meaningful. Paychex is scheduled to distribute approximately $423.6 million to shareholders on November 25, reinforcing its income-oriented appeal. Paychex dividend payout article
• Positive Sentiment: Industry recognition supports the brand. Paychex was named to Inc.’s 2026 Power Partners list, with recognition covering Paychex Flex, Paycor, and SurePayroll. The award may help validate customer demand and product quality, although it is unlikely to materially change near-term earnings. Paychex named an Inc. Power Partner
• Neutral Sentiment: Institutional positioning is mixed. Recent filings showed substantial purchases by firms including Sixth Street Partners, Invesco, and JPMorgan, but other investors—including Capital Research and Ameriprise—reduced or exited positions. This suggests differing views on Paychex’s valuation and growth prospects.
• Negative Sentiment: Growth concerns remain the primary pressure. Fiscal first-quarter revenue increased about 6% to $1.63 billion and adjusted EPS rose 10% to $1.34, but Management Solutions revenue grew only 4%. Full-year revenue-growth guidance remained at 5% to 6%, which investors viewed as insufficiently strong.
• Negative Sentiment: Analyst targets and insider activity weigh on sentiment. Several analysts lowered targets, with a reported six-analyst median of $107. In addition, six reported insider transactions were sales and none were purchases. Continuing Paycor integration costs also raise concerns about margins and execution. Paychex growth and analyst target analysis

About Paychex

Paychex, Inc provides payroll, human resources and employee-benefits solutions to small and medium-sized businesses. Its offerings include payroll processing, tax administration, time and attendance management, recruiting, onboarding, human resources administration, compliance support and employee benefits services.

The company also provides retirement-plan services, insurance solutions and professional employer organization services. Through its software and outsourced services, Paychex helps employers manage workforce administration, employee data and regulatory requirements.

Paychex was founded in 1971 by B.