BTIG Research Cuts Paycom Software (NYSE:PAYC) Price Target to $140.00

Paycom Software (NYSE:PAYC) had its target price reduced by BTIG Research from $195.00 to $140.00 in a report published on Thursday morning,Benzinga reports. BTIG Research currently has a buy rating on the software maker’s stock.

Several other brokerages have also recently weighed in on PAYC. Mizuho reduced their price objective on shares of Paycom Software from $220.00 to $180.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. BMO Capital Markets reduced their price target on Paycom Software from $175.00 to $137.00 and set a “market perform” rating on the stock in a research report on Thursday. Weiss Ratings cut Paycom Software from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. cut their price objective on Paycom Software from $235.00 to $220.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Finally, Cantor Fitzgerald reduced their target price on Paycom Software from $170.00 to $135.00 and set a “neutral” rating on the stock in a report on Thursday, January 29th. Five investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Paycom Software currently has an average rating of “Hold” and an average target price of $168.57.

Paycom Software Price Performance

Paycom Software stock opened at $125.56 on Thursday. The business has a 50 day moving average of $150.22 and a 200-day moving average of $183.72. The company has a market capitalization of $7.07 billion, a P/E ratio of 15.52, a P/E/G ratio of 1.31 and a beta of 0.79. Paycom Software has a 1 year low of $104.90 and a 1 year high of $267.76.

Paycom Software (NYSE:PAYC) last posted its earnings results on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.01. Paycom Software had a net margin of 22.10% and a return on equity of 24.25%. The firm had revenue of $544.30 million for the quarter, compared to analyst estimates of $542.79 million. During the same period in the previous year, the firm posted $2.32 EPS. The company’s revenue for the quarter was up 10.2% compared to the same quarter last year. Equities analysts anticipate that Paycom Software will post 7.15 EPS for the current year.

Paycom Software Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 23rd. Investors of record on Monday, March 9th will be paid a dividend of $0.375 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.50 annualized dividend and a yield of 1.2%. Paycom Software’s dividend payout ratio is currently 18.54%.

Insider Buying and Selling

In other Paycom Software news, CFO Robert D. Foster sold 1,300 shares of Paycom Software 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 sale, the chief financial officer directly owned 14,747 shares of the company’s stock, valued at approximately $2,398,747.02. The trade was a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 10.90% of the company’s stock.

Institutional Trading of Paycom Software

Several hedge funds have recently bought and sold shares of the business. Ethic Inc. bought a new stake in Paycom Software in the second quarter worth about $566,000. Aviva PLC increased its stake in shares of Paycom Software by 65.2% during the 2nd quarter. Aviva PLC now owns 34,129 shares of the software maker’s stock worth $7,897,000 after purchasing an additional 13,473 shares during the last quarter. United Asset Strategies Inc. bought a new stake in shares of Paycom Software in the 2nd quarter worth approximately $877,000. Dillon & Associates Inc. lifted its stake in Paycom Software by 10.9% in the third quarter. Dillon & Associates Inc. now owns 68,153 shares of the software maker’s stock valued at $14,176,000 after purchasing an additional 6,696 shares during the last quarter. Finally, Allianz Asset Management GmbH grew its holdings in Paycom Software by 10,106.6% during the third quarter. Allianz Asset Management GmbH now owns 486,957 shares of the software maker’s stock valued at $101,355,000 after purchasing an additional 482,186 shares during the period. Institutional investors and hedge funds own 87.77% of the company’s stock.

Trending Headlines about Paycom Software

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

• Positive Sentiment: Q4 results topped estimates: PAYC reported $2.45 EPS and revenue up ~10% y/y, beating consensus and showing margin expansion — supportive near‑term fundamentals. Article Title
• Positive Sentiment: Independent study highlights product ROI: A Forrester‑commissioned study found Paycom’s IWant AI delivers significant three‑year ROI for clients — a credibility boost for growth/product story. Article Title
• Positive Sentiment: Some analysts remain bullish: Guggenheim, KeyCorp and BTIG maintained buy/overweight views (despite trimming targets), signaling pockets of conviction that upside remains for longer‑term investors. Article Title
• Neutral Sentiment: Market commentary and idea pieces: Several outlets (Zacks, Seeking Alpha, Barchart) frame PAYC as a potential value/recovery play after the selloff — useful for investors assessing risk/reward but not immediate catalysts. Article Title
• Negative Sentiment: Weak 2026 revenue guidance spooked investors: Paycom’s FY‑2026 revenue outlook was perceived as conservative/short of consensus, which triggered the initial selloff and remains the primary negative catalyst. Article Title
• Negative Sentiment: Multiple analyst price‑target cuts and neutral/hold moves: Several firms (Citigroup, Jefferies, Cantor Fitzgerald, Mizuho, BMO and others) lowered targets and moved to neutral/hold — increasing selling pressure and signaling reduced near‑term expectations. Article Title
• Negative Sentiment: Shares reached a fresh near‑term low after guidance and analyst reactions, amplifying momentum selling and headline sensitivity. Article Title

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.