19,410 Shares in Paycom Software, Inc. $PAYC Bought by Fluent Financial LLC

Fluent Financial LLC purchased a new stake in Paycom Software, Inc. (NYSE:PAYC) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 19,410 shares of the software maker’s stock, valued at approximately $2,439,000. Paycom Software makes up about 0.9% of Fluent Financial LLC’s investment portfolio, making the stock its 26th biggest holding.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC acquired a new position in shares of Paycom Software in the 4th quarter valued at approximately $638,000. AQR Capital Management LLC boosted its position in shares of Paycom Software by 23.7% during the 1st 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 acquired a new stake in shares of Paycom Software during the 1st quarter worth approximately $215,000. Empowered Funds LLC increased its stake in Paycom Software by 22.8% in the first 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 last quarter. Finally, Focus Partners Wealth raised its position in Paycom Software by 220.8% during the first quarter. Focus Partners Wealth now owns 3,940 shares of the software maker’s stock valued at $861,000 after purchasing an additional 2,712 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Wall Street Analyst Weigh In

PAYC has been the subject of several recent analyst reports. Cantor Fitzgerald upped their target price on Paycom Software from $135.00 to $195.00 and gave the stock a “neutral” rating in a research note on Thursday. TD Cowen lifted their price target on Paycom Software from $149.00 to $244.00 and gave the company a “buy” rating in a research note on Thursday. Guggenheim boosted their price target on Paycom Software from $180.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday. BMO Capital Markets upped their price objective on Paycom Software from $145.00 to $208.00 and gave the stock a “market perform” rating in a research report on Thursday. Finally, UBS Group raised their price objective on Paycom Software from $195.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Paycom Software currently has a consensus rating of “Hold” and an average price target of $204.69.

Paycom Software Stock Performance

NYSE PAYC opened at $214.52 on Monday. The company has a market capitalization of $9.67 billion, a price-to-earnings ratio of 22.80, a PEG ratio of 1.33 and a beta of 0.75. Paycom Software, Inc. has a twelve month low of $104.90 and a twelve month high of $234.60. The stock has a fifty day simple moving average of $144.49 and a 200 day simple moving average of $134.60. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 1.57.

Paycom Software (NYSE:PAYC) last announced its earnings results on Wednesday, August 5th. The software maker reported $2.78 EPS for the quarter, topping the consensus estimate of $2.38 by $0.40. The firm had revenue of $531.20 million for the quarter, compared to the consensus estimate of $513.12 million. Paycom Software had a return on equity of 37.06% and a net margin of 22.78%.The business’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the previous year, the business earned $2.06 EPS. Sell-side analysts expect that Paycom Software, Inc. will post 9.53 EPS for the current year.

Paycom Software Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a $0.375 dividend. The ex-dividend date is Monday, August 24th. This represents a $1.50 annualized dividend and a yield of 0.7%. Paycom Software’s dividend payout ratio is presently 15.94%.

Key Headlines Impacting Paycom Software

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

• Positive Sentiment: Q2 results exceeded expectations: Paycom reported $531.2 million in revenue, up 9.8% year over year, and $2.78 in non-GAAP EPS, beating consensus estimates. Recurring sales growth and expanding margins added to the positive reaction. Paycom’s Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: Management raised its 2026 forecast: Paycom now expects revenue of approximately $2.197 billion to $2.212 billion and adjusted EBITDA of $1.007 billion to $1.022 billion. Free cash flow is expected to exceed $650 million, supporting the improved earnings outlook. Paycom forecasts 2026 revenue and EBITDA
• Positive Sentiment: Automation and AI are improving profitability: Management highlighted savings from automation, internally hosted AI models, and new product releases as drivers of operating leverage and demand for Paycom’s employee-management services. Paycom raises annual forecast on AI-driven demand
• Positive Sentiment: Analysts lifted price targets: KeyBanc raised its target to $270 with an overweight rating, while TD Cowen raised its target to $244 and upgraded the stock to buy. BTIG also increased its target to $230 and maintained a buy rating. Paycom Software analysts boost forecasts
• Neutral Sentiment: Capital returns remain supportive: Paycom repurchased roughly 2.57 million shares for $345.9 million during the quarter, which may enhance per-share results but also reflects substantial cash deployment.
• Negative Sentiment: Some analysts remain cautious at the higher valuation: Barclays, BMO, Stifel, UBS, and Cantor Fitzgerald raised targets but retained neutral or hold-equivalent ratings, with targets ranging from $195 to $210—below the recent market level. Mixed institutional positioning also suggests not all investors share the bullish view.

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.