Mizuho Boosts Paycom Software (NYSE:PAYC) Price Target to $130.00

Paycom Software (NYSE:PAYC) had its target price upped by Mizuho from $120.00 to $130.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the software maker’s stock. Mizuho’s price target suggests a potential upside of 3.03% from the stock’s current price.

PAYC has been the subject of several other reports. TD Cowen dropped their price objective on Paycom Software from $200.00 to $184.00 and set a “buy” rating for the company in a research note on Thursday, January 8th. BMO Capital Markets boosted their target price on Paycom Software from $137.00 to $145.00 and gave the stock a “market perform” rating in a research report on Thursday. Cantor Fitzgerald upped their target price on Paycom Software from $115.00 to $135.00 and gave the company a “neutral” rating in a report on Friday, March 6th. KeyCorp cut their price target on Paycom Software from $250.00 to $195.00 and set an “overweight” rating for the company in a research note on Thursday, February 12th. Finally, Barclays boosted their price objective on shares of Paycom Software from $140.00 to $150.00 and gave the stock an “equal weight” rating in a research report on Friday, March 6th. Five equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Paycom Software currently has a consensus rating of “Hold” and an average target price of $171.50.

Paycom Software Price Performance

Shares of NYSE PAYC opened at $126.18 on Thursday. The stock has a fifty day moving average price of $125.45 and a 200 day moving average price of $146.62. Paycom Software has a 1-year low of $104.90 and a 1-year high of $267.76. The company has a market cap of $6.01 billion, a PE ratio of 15.60, a P/E/G ratio of 1.39 and a beta of 0.77.

Paycom Software (NYSE:PAYC) last announced its quarterly earnings data on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, beating analysts’ consensus estimates of $2.44 by $0.01. Paycom Software had a return on equity of 24.25% and a net margin of 22.10%.The company had revenue of $544.30 million for the quarter, compared to analyst estimates of $542.79 million. During the same quarter in the previous year, the company earned $2.32 EPS. The firm’s revenue for the quarter was up 10.2% compared to the same quarter last year. Analysts anticipate that Paycom Software will post 8.59 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in Paycom Software during the 4th quarter worth approximately $638,000. AQR Capital Management LLC increased its position in shares of Paycom Software by 23.7% in the first quarter. AQR Capital Management LLC now owns 19,155 shares of the software maker’s stock worth $4,136,000 after acquiring an additional 3,674 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Paycom Software in the 1st quarter valued at $215,000. Empowered Funds LLC raised its stake in shares of Paycom Software by 22.8% in the 1st quarter. Empowered Funds LLC now owns 7,958 shares of the software maker’s stock valued at $1,739,000 after acquiring an additional 1,480 shares during the period. Finally, Focus Partners Wealth lifted its holdings in shares of Paycom Software by 220.8% during the 1st quarter. Focus Partners Wealth now owns 3,940 shares of the software maker’s stock valued at $861,000 after acquiring an additional 2,712 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company’s stock.

More Paycom Software News

Here are the key news stories impacting Paycom Software this week:

• Positive Sentiment: Board approved a new $2.0 billion buyback and the company announced a dividend — a meaningful return-of-capital that supports the stock and EPS per share over time. Paycom Announces Dividend and New $2 Billion Buyback
• Positive Sentiment: Company reaffirmed FY‑2026 revenue ($2.175B–$2.195B) and adjusted EBITDA ($950M–$970M), signaling management confidence in the outlook. That, combined with the buyback, is supportive of forward earnings. Paycom reaffirms 2026 revenue…
• Positive Sentiment: Quarterly revenue topped estimates (reported ~$571.9M vs. ~564.4M consensus), showing continued top-line growth even as margins/earnings drivers are debated. Paycom’s (NYSE:PAYC) Q1 CY2026 Sales Top Estimates
• Neutral Sentiment: BMO raised its price target to $145 from $137 but kept a “market perform” rating — marginally positive for valuation but not a strong buy signal. BMO raises price target
• Neutral Sentiment: The full Q1 earnings call transcript is available for investors wanting detail on guidance, client metrics, and margin drivers — useful for parsing mixed headlines. Paycom Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Some outlets report an EPS beat (Zacks: $3.15 vs $2.93), while others report a miss — this inconsistency is creating short-term volatility until figures are reconciled. Paycom Q1 earnings (Zacks)
• Negative Sentiment: At least one widely cited report shows an EPS miss versus consensus (reported $2.87 vs. $2.99), which likely triggered some of today’s selling pressure as investors focus on near-term profitability and margin trends. Paycom Q1 results (MarketBeat)

Paycom Software Company Profile

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.