Q1 Earnings Estimate for Paycom Software Issued By KeyCorp

Paycom Software, Inc. (NYSE:PAYC) – Equities researchers at KeyCorp issued their Q1 2025 earnings estimates for shares of Paycom Software in a research note issued on Sunday, March 9th. KeyCorp analyst J. Celino anticipates that the software maker will earn $2.09 per share for the quarter. KeyCorp has a “Overweight” rating and a $245.00 price objective on the stock. The consensus estimate for Paycom Software’s current full-year earnings is $7.15 per share. KeyCorp also issued estimates for Paycom Software’s Q2 2025 earnings at $1.23 EPS, Q3 2025 earnings at $1.35 EPS, Q4 2025 earnings at $1.93 EPS, FY2025 earnings at $6.60 EPS, Q1 2026 earnings at $2.37 EPS, Q2 2026 earnings at $1.41 EPS, Q3 2026 earnings at $1.54 EPS, Q4 2026 earnings at $2.18 EPS and FY2026 earnings at $7.51 EPS.

Paycom Software (NYSE:PAYC) last released its quarterly earnings data on Wednesday, February 12th. The software maker reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.99 by $0.03. Paycom Software had a net margin of 26.66% and a return on equity of 33.53%.

Other equities research analysts have also recently issued research reports about the stock. Needham & Company LLC reissued a “hold” rating on shares of Paycom Software in a research report on Thursday, February 13th. Citigroup decreased their target price on shares of Paycom Software from $234.00 to $221.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. StockNews.com cut shares of Paycom Software from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. JPMorgan Chase & Co. increased their target price on shares of Paycom Software from $185.00 to $200.00 and gave the company a “neutral” rating in a research report on Thursday, February 13th. Finally, Stifel Nicolaus decreased their target price on shares of Paycom Software from $215.00 to $187.00 and set a “hold” rating for the company in a research report on Thursday, February 13th. Twelve analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $212.80.

Paycom Software Stock Performance

NYSE PAYC opened at $206.86 on Wednesday. The firm’s 50 day moving average price is $208.89 and its 200-day moving average price is $198.89. Paycom Software has a 52-week low of $139.50 and a 52-week high of $242.74. The company has a market cap of $11.85 billion, a PE ratio of 23.24, a P/E/G ratio of 2.40 and a beta of 1.14.

Paycom Software Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 10th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, March 10th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.73%. Paycom Software’s dividend payout ratio is currently 16.85%.

Insider Transactions at Paycom Software

In related news, COO Randall Peck sold 3,600 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $212.19, for a total transaction of $763,884.00. Following the sale, the chief operating officer now owns 50,665 shares in the company, valued at approximately $10,750,606.35. This trade represents a 6.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director J C. Watts, Jr. sold 500 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $218.22, for a total transaction of $109,110.00. Following the sale, the director now owns 7,730 shares in the company, valued at approximately $1,686,840.60. This represents a 6.08 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 14.50% of the company’s stock.

Institutional Trading of Paycom Software

Several institutional investors have recently modified their holdings of PAYC. FMR LLC grew its position in shares of Paycom Software by 137.8% in the fourth quarter. FMR LLC now owns 2,396,452 shares of the software maker’s stock valued at $491,201,000 after purchasing an additional 1,388,533 shares during the period. Sylebra Capital LLC lifted its stake in shares of Paycom Software by 63.8% in the fourth quarter. Sylebra Capital LLC now owns 3,215,085 shares of the software maker’s stock worth $658,996,000 after buying an additional 1,252,617 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in shares of Paycom Software by 1,153.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 401,889 shares of the software maker’s stock worth $82,375,000 after buying an additional 369,825 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Paycom Software in the fourth quarter worth about $63,923,000. Finally, Zurich Insurance Group Ltd FI purchased a new position in shares of Paycom Software in the fourth quarter worth about $60,882,000. Institutional investors and hedge funds own 87.77% of the company’s stock.

About Paycom Software

Paycom Software, Inc provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement.