Burns J W & Co. Inc. NY Has $5.05 Million Position in Paychex, Inc. $PAYX

Burns J W & Co. Inc. NY lowered its holdings in Paychex, Inc. (NASDAQ:PAYX) by 12.8% during the fourth quarter, HoldingsChannel.com reports. The fund owned 44,971 shares of the business services provider’s stock after selling 6,578 shares during the period. Burns J W & Co. Inc. NY’s holdings in Paychex were worth $5,045,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. ABC Arbitrage SA grew its stake in Paychex by 61.4% during the third quarter. ABC Arbitrage SA now owns 28,208 shares of the business services provider’s stock worth $3,576,000 after buying an additional 10,726 shares during the last quarter. GSA Capital Partners LLP bought a new position in shares of Paychex in the third quarter valued at approximately $1,877,000. Alps Advisors Inc. boosted its holdings in shares of Paychex by 20.6% in the 3rd quarter. Alps Advisors Inc. now owns 240,564 shares of the business services provider’s stock worth $30,494,000 after acquiring an additional 41,114 shares in the last quarter. Summit Global Investments boosted its holdings in shares of Paychex by 1,938.2% in the 3rd quarter. Summit Global Investments now owns 48,143 shares of the business services provider’s stock worth $6,103,000 after acquiring an additional 45,781 shares in the last quarter. Finally, PNC Financial Services Group Inc. grew its position in Paychex by 38.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 978,091 shares of the business services provider’s stock worth $123,983,000 after acquiring an additional 270,327 shares during the last quarter. Institutional investors own 83.47% of the company’s stock.

Trending Headlines about Paychex

Here are the key news stories impacting Paychex this week:

• Positive Sentiment: Q3 results beat expectations — adjusted EPS of $1.71 topped consensus and revenue of $1.81B was roughly 20% higher year‑over‑year, driven by strength across core segments. This is the primary fundamental catalyst lifting sentiment. Paychex (PAYX) Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Revenue growth being driven by AI advisory services and the Paycor acquisition — management highlighted demand for AI-enabled advisory and the contribution from Paycor as key growth levers on the call. Paychex Q3 Results: Revenue Soars 20% As Small Businesses Turn To AI, Advisory Services
• Positive Sentiment: Shares outperformed peers on heavy trading after the print and call, reflecting market reaction to the beat and growth narrative. Paychex Inc. stock outperforms competitors on strong trading day
• Neutral Sentiment: Earnings call transcript and highlights provide more color on product adoption and AI strategy — useful for investors modeling forward growth but not an immediate price mover on its own. Paychex, Inc. (PAYX) Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst commentary is mixed — some note the stock’s deep one‑year decline and argue valuation may be compelling, while others remain cautious; no large consensus change yet. Is Paychex (PAYX) Offering Value After A 34.9% One Year Share Price Decline?
• Negative Sentiment: Cost and margin pressures flagged by some outlets — despite top‑line strength, investors are watching rising costs that could compress margins and limit upside to profitability. Paychex (PAYX) Stock Slides 3.09% as Cost Pressures Overshadow Robust Q3 Performance
• Negative Sentiment: At least one sell-side firm (Cantor Fitzgerald) remains negative on the name, adding analyst resistance that can cap near‑term investor enthusiasm. Cantor Fitzgerald Sticks to Their Sell Rating for Paychex (PAYX)

Paychex Price Performance

Paychex stock opened at $93.36 on Thursday. The business’s 50-day simple moving average is $97.38 and its 200 day simple moving average is $111.39. The stock has a market cap of $33.51 billion, a price-to-earnings ratio of 21.17 and a beta of 0.91. Paychex, Inc. has a 12-month low of $86.89 and a 12-month high of $161.24. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.17.

Paychex (NASDAQ:PAYX) last announced its quarterly earnings data on Wednesday, March 25th. The business services provider reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.67 by $0.04. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.78 billion. Paychex had a return on equity of 46.38% and a net margin of 26.45%.The company’s quarterly revenue was up 19.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.49 EPS. As a group, research analysts anticipate that Paychex, Inc. will post 4.99 earnings per share for the current year.

Paychex declared that its board has authorized a stock repurchase plan on Friday, January 16th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the business services provider to buy up to 2.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Paychex Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Wednesday, January 28th were given a $1.08 dividend. This represents a $4.32 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Wednesday, January 28th. Paychex’s dividend payout ratio (DPR) is currently 97.96%.

Analyst Ratings Changes

Several analysts have recently commented on PAYX shares. Cantor Fitzgerald upgraded Paychex to a “strong sell” rating in a report on Tuesday, January 27th. Stephens reduced their price target on shares of Paychex from $135.00 to $125.00 and set an “equal weight” rating on the stock in a research report on Monday, December 22nd. Argus decreased their price objective on shares of Paychex from $150.00 to $130.00 and set a “buy” rating on the stock in a report on Friday, January 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Paychex in a research report on Monday, December 29th. Finally, Wells Fargo & Company dropped their target price on shares of Paychex from $128.00 to $116.00 and set an “underweight” rating for the company in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, Paychex currently has a consensus rating of “Reduce” and a consensus price target of $121.38.

Paychex Company Profile

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.