Paychex (NASDAQ:PAYX) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Posted by Dante Gardener on May 12th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Paychex stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Paychex Stock Up 0.1%

Shares of NASDAQ:PAYX traded up $0.10 during trading on Tuesday, hitting $93.98. The company’s stock had a trading volume of 1,316,575 shares, compared to its average volume of 3,826,187. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.26 and a current ratio of 1.26. Paychex, Inc. has a fifty-two week low of $85.45 and a fifty-two week high of $161.24. The stock’s 50-day moving average price is $92.54 and its two-hundred day moving average price is $103.15. The company has a market capitalization of $33.67 billion, a PE ratio of 20.73 and a beta of 0.84.

Paychex (NASDAQ:PAYX – Get Free Report) last released its quarterly earnings results on Wednesday, March 25th. The business services provider reported $1.71 EPS for the quarter, topping the consensus estimate of $1.67 by $0.04. Paychex had a return on equity of 48.52% and a net margin of 25.84%.The business had revenue of $1.81 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same quarter in the previous year, the firm posted $1.49 earnings per share. The company’s revenue was up 19.9% compared to the same quarter last year. As a group, sell-side analysts expect that Paychex, Inc. will post 5.5 EPS for the current year.

Paychex declared that its board has approved a stock buyback program on Friday, January 16th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the business services provider to reacquire up to 2.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Paychex Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $1.19 per share. This is a boost from Paychex’s previous quarterly dividend of $1.08. This represents a $4.76 dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date is Wednesday, May 13th. Paychex’s payout ratio is presently 95.15%.

Hedge Funds Weigh In On Paychex

Several institutional investors have recently made changes to their positions in PAYX. Capital International Investors grew its holdings in shares of Paychex by 59.1% during the fourth quarter. Capital International Investors now owns 30,265,174 shares of the business services provider’s stock valued at $3,395,583,000 after purchasing an additional 11,243,295 shares during the last quarter. Vanguard Group Inc. grew its holdings in shares of Paychex by 17.2% during the third quarter. Vanguard Group Inc. now owns 37,765,468 shares of the business services provider’s stock valued at $4,787,151,000 after purchasing an additional 5,549,511 shares during the last quarter. Federated Hermes Inc. grew its holdings in shares of Paychex by 4,141.2% during the fourth quarter. Federated Hermes Inc. now owns 2,409,229 shares of the business services provider’s stock valued at $270,267,000 after purchasing an additional 2,352,423 shares during the last quarter. Norges Bank bought a new position in shares of Paychex during the fourth quarter valued at approximately $257,699,000. Finally, Voloridge Investment Management LLC bought a new position in shares of Paychex during the third quarter valued at approximately $117,809,000. 83.47% of the stock is owned by institutional investors.

Analyst Ratings Changes

PAYX has been the subject of several research analyst reports. Citigroup lowered their price objective on Paychex from $120.00 to $99.00 and set a “neutral” rating for the company in a report on Thursday, March 26th. Guggenheim initiated coverage on Paychex in a report on Thursday, March 19th. They issued a “neutral” rating for the company. BMO Capital Markets boosted their price objective on Paychex to $52.00 and gave the company an “outperform” rating in a report on Thursday, March 26th. Robert W. Baird lowered their price objective on Paychex from $148.00 to $125.00 and set a “neutral” rating for the company in a report on Thursday, March 26th. Finally, TD Cowen lowered their price objective on Paychex from $95.00 to $94.00 and set a “hold” rating for the company in a report on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $106.38.

Check Out Our Latest Stock Report on PAYX

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Paychex

(Get Free Report)

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.