Mizuho Cuts Paycom Software (NYSE:PAYC) Price Target to $120.00

Paycom Software (NYSE:PAYC) had its price target trimmed by Mizuho from $180.00 to $120.00 in a research note published on Thursday,Benzinga reports. The firm currently has a neutral rating on the software maker’s stock.

A number of other equities research analysts also recently issued reports on the stock. Barclays cut their price objective on shares of Paycom Software from $210.00 to $185.00 and set an “equal weight” rating for the company in a research report on Monday, January 12th. Jefferies Financial Group cut their price target on Paycom Software from $225.00 to $190.00 and set a “hold” rating for the company in a report on Thursday, November 6th. Cantor Fitzgerald reduced their price target on Paycom Software from $170.00 to $135.00 and set a “neutral” rating for the company in a research report on Thursday, January 29th. Citigroup lowered their price objective on Paycom Software from $191.00 to $185.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 23rd. Finally, JPMorgan Chase & Co. cut their price objective on Paycom Software from $235.00 to $220.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $168.57.

Paycom Software Stock Up 4.8%

Paycom Software stock opened at $125.56 on Thursday. Paycom Software has a 52-week low of $104.90 and a 52-week high of $267.76. The company has a market cap 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. The business has a 50-day simple moving average of $150.22 and a two-hundred day simple moving average of $183.72.

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

Paycom Software Dividend Announcement

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

Insider Transactions at Paycom Software

In other Paycom Software news, CFO Robert D. Foster sold 1,300 shares of the stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $162.66, for a total transaction 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 $2,398,747.02. This trade represents a 8.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 10.90% of the company’s stock.

Hedge Funds Weigh In On Paycom Software

A number of hedge funds and other institutional investors have recently modified their holdings of PAYC. Marshall Wace LLP bought a new stake in Paycom Software in the 4th quarter valued at $17,624,000. Bridgewater Associates LP grew its position in shares of Paycom Software by 588.3% during the fourth quarter. Bridgewater Associates LP now owns 40,295 shares of the software maker’s stock valued at $6,421,000 after purchasing an additional 34,441 shares in the last quarter. Bridgefront Capital LLC bought a new stake in shares of Paycom Software in the fourth quarter worth about $324,000. Bank of Nova Scotia increased its holdings in shares of Paycom Software by 26.1% in the fourth quarter. Bank of Nova Scotia now owns 7,904 shares of the software maker’s stock worth $1,260,000 after purchasing an additional 1,634 shares during the last quarter. Finally, Public Sector Pension Investment Board lifted its position in shares of Paycom Software by 48.4% in the fourth quarter. Public Sector Pension Investment Board now owns 6,111 shares of the software maker’s stock worth $974,000 after buying an additional 1,993 shares in the last quarter. Institutional investors own 87.77% of the company’s stock.

Key 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

About Paycom Software

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.