Paychex (PAYX) – Analysts’ Weekly Ratings Updates

Several analysts have recently updated their ratings and price targets for Paychex (NASDAQ: PAYX):

• 12/15/2025 – Paychex had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 12/10/2025 – Paychex had its price target lowered by analysts at Wolfe Research from $130.00 to $115.00. They now have an “underperform” rating on the stock.
• 12/9/2025 – Paychex had its price target lowered by analysts at Wells Fargo & Company from $128.00 to $116.00. They now have an “underweight” rating on the stock.
• 12/9/2025 – Paychex had its price target lowered by analysts at BMO Capital Markets from $140.00 to $121.00. They now have a “market perform” rating on the stock.
• 12/8/2025 – Paychex had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 12/7/2025 – Paychex had its price target lowered by analysts at Jefferies Financial Group Inc. from $130.00 to $118.00. They now have a “hold” rating on the stock.
• 12/5/2025 – Paychex had its price target lowered by analysts at Royal Bank Of Canada from $150.00 to $125.00. They now have a “sector perform” rating on the stock.
• 12/1/2025 – Paychex had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 12/1/2025 – Paychex had its “hold” rating reaffirmed by analysts at Cowen Inc.
• 12/1/2025 – Paychex had its price target lowered by analysts at TD Cowen from $126.00 to $114.00. They now have a “hold” rating on the stock.
• 11/25/2025 – Paychex had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 11/19/2025 – Paychex had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 11/13/2025 – Paychex had its “hold (c)” rating reaffirmed by analysts at Weiss Ratings.
• 11/7/2025 – Paychex was downgraded by analysts at Weiss Ratings from a “buy (b-)” rating to a “hold (c)” rating.
• 10/23/2025 – Paychex is now covered by analysts at Citigroup Inc.. They set a “neutral” rating and a $139.00 price target on the stock.
• 10/22/2025 – Paychex was upgraded by analysts at Wells Fargo & Company to a “strong sell” rating.
• 10/21/2025 – Paychex is now covered by analysts at Wells Fargo & Company. They set an “underweight” rating and a $128.00 price target on the stock.
• 10/20/2025 – Paychex had its price target raised by analysts at Morgan Stanley from $132.00 to $133.00. They now have an “equal weight” rating on the stock.

Paychex Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were paid a $1.08 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $4.32 annualized dividend and a dividend yield of 3.7%. Paychex’s dividend payout ratio (DPR) is 97.08%.

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.