KeyCorp Cuts Paycom Software (NYSE:PAYC) Price Target to $195.00

Paycom Software (NYSE:PAYC) had its price objective cut by KeyCorp from $250.00 to $195.00 in a research note published on Thursday morning,Benzinga reports. They currently have an overweight rating on the software maker’s stock.

Several other equities research analysts have also issued reports on the stock. BMO Capital Markets decreased their price target on shares of Paycom Software from $175.00 to $137.00 and set a “market perform” rating for the company in a research note on Thursday. BTIG Research lowered their target price on Paycom Software from $195.00 to $140.00 and set a “buy” rating on the stock in a research note on Thursday. Zacks Research cut Paycom Software from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 20th. Citigroup dropped their price objective on shares of Paycom Software from $191.00 to $185.00 and set a “neutral” rating on the stock in a report on Tuesday, December 23rd. Finally, UBS Group reduced their target price on shares of Paycom Software from $245.00 to $210.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $168.57.

Paycom Software Price Performance

Shares of Paycom Software stock opened at $125.56 on Thursday. The firm has a market cap of $7.07 billion, a PE 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. The stock has a fifty day moving average price of $150.22 and a 200-day moving average price of $183.72.

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

Paycom Software Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 23rd. Shareholders of record on Monday, March 9th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Monday, March 9th. Paycom Software’s dividend payout ratio (DPR) is presently 18.54%.

Insider Buying and Selling at Paycom Software

In related news, CFO Robert D. Foster sold 1,300 shares of the stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $162.66, for a total value of $211,458.00. Following the sale, the chief financial officer owned 14,747 shares in the company, valued at approximately $2,398,747.02. This trade represents a 8.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 10.90% of the company’s stock.

Institutional Trading of Paycom Software

Institutional investors and hedge funds have recently modified their holdings of the business. True Wealth Design LLC boosted its position in shares of Paycom Software by 946.7% during the 4th quarter. True Wealth Design LLC now owns 157 shares of the software maker’s stock valued at $25,000 after acquiring an additional 142 shares during the last quarter. Brown Brothers Harriman & Co. lifted its position in Paycom Software by 190.6% during the fourth quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker’s stock valued at $25,000 after purchasing an additional 101 shares during the last quarter. Clearstead Advisors LLC lifted its position in Paycom Software by 140.3% during the fourth quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock valued at $26,000 after purchasing an additional 94 shares during the last quarter. Caitlin John LLC purchased a new position in Paycom Software in the 3rd quarter worth approximately $29,000. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Paycom Software in the 2nd quarter worth $29,000. Hedge funds and other institutional investors 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: 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.