Research Analysts’ Recent Ratings Changes for Paycom Software (PAYC)

Several brokerages have updated their recommendations and price targets on shares of Paycom Software (NYSE: PAYC) in the last few weeks:

• 5/18/2026 – Paycom Software was upgraded by Zacks Research from “hold” to “strong-buy”.
• 5/7/2026 – Paycom Software had its price target raised by Citigroup Inc. from $120.00 to $136.00. They now have a “neutral” rating on the stock.
• 5/7/2026 – Paycom Software had its price target raised by TD Cowen from $148.00 to $154.00. They now have a “buy” rating on the stock.
• 5/7/2026 – Paycom Software had its price target lowered by Barclays PLC from $150.00 to $148.00. They now have an “equal weight” rating on the stock.
• 5/7/2026 – Paycom Software had its price target raised by Mizuho from $120.00 to $130.00. They now have a “neutral” rating on the stock.
• 5/7/2026 – Paycom Software had its price target raised by BTIG Research from $140.00 to $160.00. They now have a “buy” rating on the stock.
• 5/7/2026 – Paycom Software had its price target raised by BMO Capital Markets from $137.00 to $145.00. They now have a “market perform” rating on the stock.
• 5/1/2026 – Paycom Software had its “sell (d+)” rating reaffirmed by Weiss Ratings.
• 4/21/2026 – Paycom Software had its price target lowered by UBS Group AG from $210.00 to $183.00. They now have a “buy” rating on the stock.

Paycom Software Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 8th. Stockholders of record on Tuesday, May 26th will be paid a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, May 26th. Paycom Software’s dividend payout ratio (DPR) is presently 17.34%.

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.