Paychex (NASDAQ:PAYX) Shares Acquired Rep. April McClain Delaney

Representative April McClain Delaney (D-Maryland) recently bought shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on May 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Paychex stock on April 9th.

Representative April McClain Delaney also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Toro (NYSE:TTC) on 4/29/2025.
  • Purchased $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 4/29/2025.
  • Sold $1,001 – $15,000 in shares of Dayforce (NYSE:DAY) on 4/28/2025.
  • Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 4/24/2025.
  • Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 4/16/2025.
  • Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 4/10/2025.
  • Sold $1,001 – $15,000 in shares of Toro (NYSE:TTC) on 4/10/2025.
  • Purchased $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of IDEXX Laboratories (NASDAQ:IDXX) on 4/9/2025.
  • Purchased $1,001 – $15,000 in shares of Markel Group (NYSE:MKL) on 4/9/2025.

Paychex Stock Performance

Shares of Paychex stock opened at $149.45 on Tuesday. The business has a 50-day simple moving average of $147.15 and a 200 day simple moving average of $145.07. Paychex, Inc. has a one year low of $115.40 and a one year high of $158.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.39. The firm has a market capitalization of $53.83 billion, a price-to-earnings ratio of 31.46, a PEG ratio of 4.10 and a beta of 0.88.

Paychex (NASDAQ:PAYXGet Free Report) last released its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.49 EPS for the quarter, beating the consensus estimate of $1.48 by $0.01. Paychex had a return on equity of 45.28% and a net margin of 32.02%. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the previous year, the company posted $1.38 earnings per share. The company’s quarterly revenue was up 4.8% on a year-over-year basis. On average, research analysts anticipate that Paychex, Inc. will post 4.99 earnings per share for the current fiscal year.

Paychex Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be given a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date is Monday, May 12th. This is a boost from Paychex’s previous quarterly dividend of $0.98. Paychex’s dividend payout ratio is 81.67%.

Institutional Investors Weigh In On Paychex

Several large investors have recently made changes to their positions in PAYX. Meeder Asset Management Inc. increased its holdings in Paychex by 220.7% during the fourth quarter. Meeder Asset Management Inc. now owns 186 shares of the business services provider’s stock worth $26,000 after buying an additional 128 shares during the last quarter. Union Bancaire Privee UBP SA bought a new position in shares of Paychex during the 4th quarter valued at approximately $28,000. WealthTrak Capital Management LLC purchased a new stake in shares of Paychex during the 4th quarter worth approximately $28,000. MorganRosel Wealth Management LLC bought a new stake in shares of Paychex in the 1st quarter worth approximately $34,000. Finally, Alpine Bank Wealth Management purchased a new position in Paychex in the first quarter valued at approximately $34,000. 83.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on PAYX. Stifel Nicolaus upped their price objective on shares of Paychex from $141.00 to $156.00 and gave the stock a “hold” rating in a report on Thursday, March 27th. Citigroup upped their target price on shares of Paychex from $145.00 to $158.00 and gave the stock a “neutral” rating in a report on Thursday, March 27th. Cfra Research upgraded Paychex to a “hold” rating in a research note on Thursday, March 27th. Barclays increased their price objective on Paychex from $140.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Monday, March 31st. Finally, UBS Group lifted their target price on Paychex from $152.00 to $155.00 and gave the company a “neutral” rating in a research report on Tuesday, March 4th. Two investment analysts have rated the stock with a sell rating and ten have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $141.00.

View Our Latest Analysis on PAYX

Insider Buying and Selling at Paychex

In other Paychex news, Director Joseph M. Velli sold 3,650 shares of the business’s stock in a transaction on Tuesday, April 15th. The stock was sold at an average price of $149.25, for a total value of $544,762.50. Following the sale, the director now directly owns 78,455 shares in the company, valued at $11,709,408.75. The trade was a 4.45 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 11.40% of the stock is owned by corporate insiders.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.

April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

About Paychex

(Get Free Report)

Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.

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