Recent Investment Analysts’ Ratings Updates for Paycom Software (PAYC)

A number of firms have modified their ratings and price targets on shares of Paycom Software (NYSE: PAYC) recently:

• 2/18/2026 – Paycom Software was upgraded by Zacks Research from “strong sell” to “hold”.
• 2/13/2026 – Paycom Software had its price target lowered by Citigroup Inc. from $185.00 to $128.00. They now have a “neutral” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by Jefferies Financial Group Inc. from $190.00 to $130.00. They now have a “hold” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by Guggenheim from $210.00 to $180.00. They now have a “buy” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by Barclays PLC from $185.00 to $140.00. They now have an “equal weight” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by Cantor Fitzgerald from $135.00 to $115.00. They now have a “neutral” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by KeyCorp from $250.00 to $195.00. They now have an “overweight” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by Mizuho from $180.00 to $120.00. They now have a “neutral” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by BTIG Research from $195.00 to $140.00. They now have a “buy” rating on the stock.
• 2/12/2026 – Paycom Software had its price target lowered by BMO Capital Markets from $175.00 to $137.00. They now have a “market perform” rating on the stock.
• 2/3/2026 – Paycom Software was downgraded by Weiss Ratings from “hold (c-)” to “sell (d+)”.
• 1/29/2026 – Paycom Software had its price target lowered by Cantor Fitzgerald from $170.00 to $135.00. They now have a “neutral” rating on the stock.
• 1/26/2026 – Paycom Software had its price target lowered by UBS Group AG from $245.00 to $210.00. They now have a “buy” rating on the stock.
• 1/20/2026 – Paycom Software was downgraded by Zacks Research from “hold” to “strong sell”.
• 1/16/2026 – Paycom Software had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $175.00 price target on the stock.
• 1/12/2026 – Paycom Software had its price target lowered by Barclays PLC from $210.00 to $185.00. They now have an “equal weight” rating on the stock.
• 1/8/2026 – Paycom Software had its price target lowered by TD Cowen from $200.00 to $184.00. They now have a “buy” rating on the stock.

Paycom Software Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Monday, March 9th will be issued a $0.375 dividend. The ex-dividend date is Monday, March 9th. This represents a $1.50 annualized dividend and a yield of 1.1%. Paycom Software’s dividend payout ratio (DPR) is currently 18.54%.

Insider Buying and Selling

In other news, CFO Robert D. Foster sold 1,300 shares of the business’s stock in a transaction on Wednesday, December 10th. The shares were sold at an average price of $162.66, for a total value of $211,458.00. Following the completion of the transaction, the chief financial officer owned 14,747 shares of the company’s stock, valued at $2,398,747.02. The trade was a 8.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.90% of the stock is currently owned by insiders.

Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.

The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.