Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on March 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paychex stock on February 24th.
Representative April McClain Delaney also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of EMCOR Group (NYSE:EME) on 2/27/2026.
- Sold $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 2/27/2026.
- Purchased $1,001 – $15,000 in shares of Nasdaq (NASDAQ:NDAQ) on 2/27/2026.
- Sold $1,001 – $15,000 in shares of Morningstar (NASDAQ:MORN) on 2/25/2026.
- Sold $1,001 – $15,000 in shares of Fortune Brands Innovations (NYSE:FBIN) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Jones Lang LaSalle (NYSE:JLL) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Bio-Techne (NASDAQ:TECH) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of CDW (NASDAQ:CDW) on 2/24/2026.
- Sold $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/23/2026.
- Purchased $15,001 – $50,000 in shares of Clean Harbors (NYSE:CLH) on 2/23/2026.
Paychex Stock Performance
PAYX traded down $0.67 during trading hours on Tuesday, hitting $92.43. 2,817,442 shares of the stock were exchanged, compared to its average volume of 3,813,393. The stock has a market cap of $33.18 billion, a price-to-earnings ratio of 20.96 and a beta of 0.91. The stock has a 50-day simple moving average of $100.15 and a 200-day simple moving average of $113.43. The company has a debt-to-equity ratio of 1.17, a current ratio of 1.27 and a quick ratio of 1.27. Paychex, Inc. has a 12 month low of $86.89 and a 12 month high of $161.24.
Paychex declared that its Board of Directors has initiated a stock buyback program on Friday, January 16th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the business services provider to purchase up to 2.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.
Paychex Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Wednesday, January 28th were given a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Wednesday, January 28th. Paychex’s dividend payout ratio is currently 97.96%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Empirical Finance LLC lifted its holdings in Paychex by 0.7% in the second quarter. Empirical Finance LLC now owns 11,267 shares of the business services provider’s stock worth $1,639,000 after purchasing an additional 75 shares during the period. Quantum Portfolio Management LLC increased its position in shares of Paychex by 3.1% during the 2nd quarter. Quantum Portfolio Management LLC now owns 2,464 shares of the business services provider’s stock valued at $358,000 after purchasing an additional 75 shares during the period. FAS Wealth Partners Inc. boosted its stake in Paychex by 3.3% during the second quarter. FAS Wealth Partners Inc. now owns 2,597 shares of the business services provider’s stock valued at $378,000 after buying an additional 83 shares in the last quarter. Somerset Trust Co boosted its position in shares of Paychex by 0.3% during the 3rd quarter. Somerset Trust Co now owns 32,964 shares of the business services provider’s stock valued at $4,179,000 after purchasing an additional 84 shares in the last quarter. Finally, Suncoast Equity Management grew its stake in shares of Paychex by 0.6% in the 3rd quarter. Suncoast Equity Management now owns 14,055 shares of the business services provider’s stock worth $1,782,000 after purchasing an additional 85 shares during the last quarter. Institutional investors and hedge funds own 83.47% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on PAYX. Wells Fargo & Company cut their target price on shares of Paychex from $128.00 to $116.00 and set an “underweight” rating on the stock in a report on Tuesday, December 9th. Wolfe Research dropped their price target on Paychex from $130.00 to $115.00 and set an “underperform” rating on the stock in a research report on Wednesday, December 10th. Morgan Stanley cut their price target on Paychex from $133.00 to $123.00 and set an “equal weight” rating on the stock in a report on Monday, December 22nd. Stephens lowered their price objective on Paychex from $135.00 to $125.00 and set an “equal weight” rating for the company in a research note on Monday, December 22nd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Paychex in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, thirteen have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $122.81.
Read Our Latest Stock Analysis on Paychex
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.
Paychex Company Profile
Paychex, Inc, founded in 1971 by B. Thomas “Tom” Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company’s core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers’ compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.
Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.
Further Reading
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