Paycom Software, Inc. $PAYC Shares Sold by Wealth Enhancement Advisory Services LLC

27 Jan 2026, 14:17 by Sarita Garza · The Markets Daily

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of Paycom Software, Inc. (NYSE:PAYC – Free Report) by 18.6% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,970 shares of the software maker’s stock after selling 4,571 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Paycom Software were worth $4,068,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of PAYC. Jennison Associates LLC acquired a new stake in shares of Paycom Software during the second quarter valued at about $49,853,000. Vanguard Group Inc. lifted its stake in Paycom Software by 3.0% during the second quarter. Vanguard Group Inc. now owns 5,623,570 shares of the software maker’s stock worth $1,301,294,000 after purchasing an additional 165,647 shares in the last quarter. State Street Corp grew its stake in shares of Paycom Software by 8.4% in the second quarter. State Street Corp now owns 2,097,910 shares of the software maker’s stock valued at $485,456,000 after buying an additional 162,477 shares in the last quarter. SG Americas Securities LLC raised its holdings in shares of Paycom Software by 5,691.0% in the 2nd quarter. SG Americas Securities LLC now owns 155,489 shares of the software maker’s stock valued at $35,980,000 after buying an additional 152,804 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its stake in Paycom Software by 17.9% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 633,692 shares of the software maker’s stock worth $146,636,000 after acquiring an additional 96,138 shares in the last quarter. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Paycom Software Price Performance

Shares of PAYC opened at $147.80 on Tuesday. Paycom Software, Inc. has a 1-year low of $142.88 and a 1-year high of $267.76. The stock has a market cap of $8.32 billion, a PE ratio of 18.38, a price-to-earnings-growth ratio of 1.56 and a beta of 0.82. The firm has a fifty day moving average price of $159.25 and a 200 day moving average price of $193.27.

Paycom Software (NYSE:PAYC – Get Free Report) last posted its earnings results on Wednesday, November 5th. The software maker reported $1.94 earnings per share for the quarter, missing the consensus estimate of $1.96 by ($0.02). The firm had revenue of $493.30 million during the quarter, compared to analysts’ expectations of $492.62 million. Paycom Software had a net margin of 22.65% and a return on equity of 24.79%. The firm’s revenue for the quarter was up 9.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.67 earnings per share. As a group, equities analysts expect that Paycom Software, Inc. will post 7.15 EPS for the current fiscal year.

Paycom Software Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, December 8th. Stockholders of record on Monday, November 24th were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Monday, November 24th. Paycom Software’s dividend payout ratio is 18.66%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on PAYC shares. BMO Capital Markets reissued a “market perform” rating and set a $175.00 price target on shares of Paycom Software in a research report on Friday, January 16th. TD Cowen cut their price objective on Paycom Software from $200.00 to $184.00 and set a “buy” rating on the stock in a research report on Thursday, January 8th. Barclays decreased their target price on Paycom Software from $210.00 to $185.00 and set an “equal weight” rating for the company in a report on Monday, January 12th. UBS Group cut their price target on Paycom Software from $245.00 to $210.00 and set a “buy” rating on the stock in a report on Monday. Finally, Mizuho lowered their price objective on Paycom Software from $220.00 to $180.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $209.64.

View Our Latest Report on Paycom Software

Insiders Place Their Bets

In other Paycom Software news, CFO Robert D. Foster sold 1,300 shares of the business’s 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 transaction, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 10.90% of the stock is currently owned by company insiders.

Paycom Software Company Profile

(Free Report)

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.