PA
PAYX
PAYCHEX INC
$98.92
-1.60%
$35.4B
No data for this timeframe.
Vol
Market Cap$35.4B
Cap SizeLarge Cap
Analyst ConsensusSell (4%)
Inst. Holders9 funds
Inst. Value$8.4B
Inst. Activity3 buys / 2 sells
Insider Activity2B / 1S
Insider Net $$155.9K
SEC Reports1
Congressional9 trades
Exchange Nasdaq·Sector Services-Engineering, Accounting, Research, Management·Inc. DE·CIK 0000723531·Prev Close $100.53
Recent Activity
Jun 5, 2026
short_volume
Short Volume: PAYX — 68.0% short (0.5M / 0.8M)
Short: 513,587 | Exempt: 69 | TRF Vol: 755,360 | Short Ratio: 68.0% | Off-exchange volume (dark pool
Jun 1, 2026
Insider
GOLISANO B THOMAS sold 1,032 shares
10%+ Owner @ $96.98 ($100.1K)
May 13, 2026
Insider
Roaldsen Elizabeth sold 459 shares
Sr. Vice President @ $90.00 ($41.3K)
May 8, 2026
Insider
VELLI JOSEPH M sold 10,220 shares
Director @ $60.59 ($619.2K)
Apr 21, 2026
Congress
April McClain Delaney sell
$1,001 - $15,000 — House
Feb 28, 2026
SEC
Three institutional investors initiated or expanded positions in PAYX during 2025-Q4, including a new $257.7M stake by s
INST-CLUSTER — Impact 6/10
Inst.
WELLS FARGO & COMPANY/MN — TRIM
6,489,937 shares ($728.0M)
Inst.
NORGES BANK — NEW
2,297,192 shares ($257.7M)
Price Targets
$102.33
+2.0% upside
Hold
Current $100.28
Low $90.00
Median $102.00
High $125.00
15 analysts
$90.00
$125.00
Analyst Ratings
1Strong Buy
0Buy
17Hold
4Sell
3Strong Sell
Recent Analyst Actions
| Date | Firm | Action | Rating |
|---|---|---|---|
| Jun 8, 2026 | TD Cowen | MAINTAIN | Hold → Hold |
| Apr 13, 2026 | UBS | MAINTAIN | Neutral → Neutral |
| Mar 26, 2026 | JP Morgan | MAINTAIN | Underweight → Underweight |
| Mar 26, 2026 | Citigroup | MAINTAIN | Neutral → Neutral |
| Mar 26, 2026 | Wells Fargo | MAINTAIN | Underweight → Underweight |
Earnings Estimates
| Period | EPS Est. | Range | Growth | # |
|---|---|---|---|---|
| Current Q | $1.31 ▲ +0.6% | $1.28 — $1.36 | 10% YoY | 18 |
| Next Q | $1.31 ▼ -0.5% | $1.19 — $1.41 | 7% YoY | 15 |
| Current FY | $5.50 | $5.47 — $5.55 | 10% YoY | 19 |
| Next FY | $5.90 | $5.55 — $6.00 | 7% YoY | 19 |
Top Institutional Holders
| Fund | Value | Move |
|---|---|---|
| VANGUARD GROUP INC | $4.8B | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT | $1.3B | NEW |
| WELLS FARGO & COMPANY/MN | $728.0M | TRIM |
| BANK OF AMERICA CORP | $600.3M | — |
| MORGAN STANLEY | $543.3M | ADD |
Recent Insider Trades
| Date | Insider | Type | Value |
|---|---|---|---|
| Jun 1, 2026 | GOLISANO B | G | $100.1K |
| May 13, 2026 | Roaldsen Elizabeth | SELL | $41.3K |
| May 8, 2026 | VELLI JOSEPH | M | $619.2K |
| May 8, 2026 | VELLI JOSEPH | M | $0.00 |
| May 6, 2026 | GOLISANO B | G | $10.0M |
Congressional Trades
6 members: 2 buys, 7 sells
| Member | Party | Type | Amount |
|---|---|---|---|
| April McClain | D | SELL | $1,001 - $15,000 |
| April McClain | D | SELL | $1,001 - $15,000 |
| Ro Khanna | D | BUY | $1,001 - $15,000 |
9 institutional holders with $8.4B total value (74,942,047 shares) as of 2025-Q4. Top holders: VANGUARD, CHARLES, WELLS. Net buying activity: 3 institutions added/increased vs 2 reduced.
Top Institutional Holders — 2025-Q4
| # | Fund | Shares | Value | % of Tracked | Last Move |
|---|---|---|---|---|---|
| 1 | VANGUARD GROUP INC | 42,348,625 | $4.8B | 56.5% | — |
| 2 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 11,550,173 | $1.3B | 15.4% | NEW |
| 3 | WELLS FARGO & COMPANY/MN | 6,489,937 | $728.0M | 8.7% | TRIM -26.4% |
| 4 | BANK OF AMERICA CORP /DE/ | 5,351,226 | $600.3M | 7.1% | — |
| 5 | MORGAN STANLEY | 4,843,248 | $543.3M | 6.5% | ADD +50.3% |
| 6 | NORGES BANK | 2,297,192 | $257.7M | 3.1% | NEW |
| 7 | RENAISSANCE TECHNOLOGIES LLC | 1,094,201 | $122.7M | 1.5% | DOUBLED +259.7% |
| 8 | FMR LLC | 669,672 | $75.1M | 0.9% | TRIM -26.6% |
| 9 | TWO SIGMA INVESTMENTS, LP | 297,773 | $33.4M | 0.4% | NEW |
Recent Position Changes
| Fund | Action | Prev Shares | Curr Shares | Change % | Value | Quarter |
|---|---|---|---|---|---|---|
| WELLS FARGO & COMPANY/MN | TRIM | 8,812,159 | 6,489,937 | -26.4% | $728.0M | 2025-Q4 |
| NORGES BANK | NEW | — | 2,297,192 | — | $257.7M | 2025-Q4 |
| RENAISSANCE TECHNOLOGIES LLC | DOUBLED | 304,201 | 1,094,201 | +259.7% | $122.7M | 2025-Q4 |
| TWO SIGMA INVESTMENTS, LP | NEW | — | 297,773 | — | $33.4M | 2025-Q4 |
| Mawer Investment Management Ltd. | EXIT | 338,331 | 0 | -100.0% | $0.00 | 2025-Q4 |
| FMR LLC | TRIM | 898,889 | 659,944 | -26.6% | $83.7M | 2025-Q3 |
| RENAISSANCE TECHNOLOGIES LLC | NEW | — | 304,201 | — | $38.6M | 2025-Q3 |
| TWO SIGMA INVESTMENTS, LP | EXIT | 1,775 | 0 | -100.0% | $0.00 | 2025-Q3 |
| NORGES BANK | EXIT | 2,077,847 | 0 | -100.0% | $0.00 | 2025-Q3 |
| NORGES BANK | NEW | — | 2,077,847 | — | $302.2M | 2025-Q2 |
| Mawer Investment Management Ltd. | TRIM | 591,480 | 407,696 | -31.1% | $59.3M | 2025-Q2 |
| TWO SIGMA INVESTMENTS, LP | NEAR_EXIT | 15,975 | 1,775 | -88.9% | $258.2K | 2025-Q2 |
| NORGES BANK | EXIT | 557,800 | 0 | -100.0% | $0.00 | 2025-Q1 |
| MORGAN STANLEY | ADD | 4,994,148 | 7,507,235 | +50.3% | $1.1B | 2024-Q4 |
| UBS Group AG | ADD | 2,523,405 | 3,801,487 | +50.6% | $533.0M | 2024-Q4 |
| NORGES BANK | TRIM | 906,605 | 557,800 | -38.5% | $78.2M | 2024-Q4 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | NEW | — | 9,524,870 | — | $1.3B | 2024-Q3 |
8 unique insiders with 3 transactions. Net insider value: $155.9K ($197.3K bought, $41.3K sold).
Insider Transactions
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Jun 1, 2026 | GOLISANO B THOMAS | 10%+ Owner | G | 1,032 | $96.98 | $100.1K |
| May 13, 2026 | Roaldsen Elizabeth | Sr. Vice President | SELL | 459 | $90.00 | $41.3K |
| May 8, 2026 | VELLI JOSEPH M | Director | M | 10,220 | $60.59 | $619.2K |
| May 8, 2026 | VELLI JOSEPH M | Director | M | 10,220 | $0.00 | $0.00 |
| May 6, 2026 | GOLISANO B THOMAS | 10%+ Owner | G | 109,300 | $91.27 | $10.0M |
| May 4, 2026 | GOLISANO B THOMAS | 10%+ Owner | G | 163,930 | $93.21 | $15.3M |
| Apr 15, 2026 | Argiropoulos Mason | VP, Chief HR Officer | F | 79 | $90.26 | $7.1K |
| Apr 1, 2026 | BERGSTROM RYAN NORMAN | Chief Product Officer | F | 1,374 | $90.91 | $124.9K |
| Apr 1, 2026 | ANTE ADAM BROOKS | Sr. Vice President, Paycor | F | 2,249 | $90.91 | $204.5K |
| Mar 3, 2026 | GOLISANO B THOMAS | 10%+ Owner | G | 1,104 | $93.65 | $103.4K |
| Feb 4, 2026 | BONADIO TOM | Director | BUY | 1,000 | $98.50 | $98.5K |
| Feb 4, 2026 | DOODY JOSEPH | Director | BUY | 1,000 | $98.76 | $98.8K |
| Jan 30, 2026 | GOLISANO B THOMAS | 10%+ Owner | G | 26,130 | $102.13 | $2.7M |
1 SEC filing reports analyzed. Sentiment: 0 bullish, 0 bearish, 1 mixed, 0 neutral. Avg impact: 6.0/10.
No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.
Current analyst consensus: Strong Sell (4% buy). Based on 25 analysts: 1 strong buy, 0 buy, 17 hold, 4 sell, 3 strong sell.
Analyst Price Targets
$102.33 mean target
+2.0% upside
Hold (3.26)
$90.00 Low
$125.00 High
| Metric | Value |
|---|---|
| Current Price | $100.28 |
| Target Low | $90.00 |
| Target Mean | $102.33 |
| Target Median | $102.00 |
| Target High | $125.00 |
| # Analysts | 15 |
| Recommendation | Hold (3.26) |
Earnings Estimates & Revisions
| Period | EPS Avg | EPS Low | EPS High | EPS Growth | 30d Rev. | Up/Down | Rev. Avg | Rev. Growth | Analysts |
|---|---|---|---|---|---|---|---|---|---|
| Current Q 2026-05-31 |
$1.31 | $1.28 | $1.36 | 10.0% | +0.6% | 0↑ 15↓ | $1.6B | 12.6% | 18 |
| Next Q 2026-08-31 |
$1.31 | $1.19 | $1.41 | 7.3% | -0.5% | 5↑ 6↓ | $1.6B | 5.5% | 15 |
| Current FY 2026-05-31 |
$5.50 | $5.47 | $5.55 | 10.4% | +0.0% | 0↑ 1↓ | $6.5B | 16.9% | 19 |
| Next FY 2027-05-31 |
$5.90 | $5.55 | $6.00 | 7.3% | -0.0% | 1↑ 1↓ | $6.9B | 5.6% | 19 |
Current Quarter EPS Revision History
| Timepoint | EPS Estimate | Change |
|---|---|---|
| Current | $1.309 | |
| 7d ago | $1.309 | |
| 30d ago | $1.302 | +0.008 |
| 60d ago | $1.302 | +0.007 |
| 90d ago | $1.334 | -0.025 |
12 analyst firms have rated this stock: 0 upgrades, 0 downgrades, 2 initiations.
Individual Analyst Actions
| Date | Analyst Firm | Action | Previous Rating | New Rating |
|---|---|---|---|---|
| Jun 8, 2026 | TD Cowen | MAINTAIN | Hold | Hold |
| Apr 13, 2026 | UBS | MAINTAIN | Neutral | Neutral |
| Mar 26, 2026 | JP Morgan | MAINTAIN | Underweight | Underweight |
| Mar 26, 2026 | Citigroup | MAINTAIN | Neutral | Neutral |
| Mar 26, 2026 | Wells Fargo | MAINTAIN | Underweight | Underweight |
| Mar 26, 2026 | TD Cowen | MAINTAIN | Hold | Hold |
| Mar 26, 2026 | Baird | MAINTAIN | Neutral | Neutral |
| Mar 19, 2026 | RBC Capital | MAINTAIN | Sector Perform | Sector Perform |
| Mar 19, 2026 | Guggenheim | INITIATE | — | Neutral |
| Mar 13, 2026 | BMO Capital | MAINTAIN | Market Perform | Market Perform |
| Jan 27, 2026 | Cantor Fitzgerald | INITIATE | — | Underweight |
| Dec 22, 2025 | Citigroup | MAINTAIN | Neutral | Neutral |
| Dec 22, 2025 | JP Morgan | MAINTAIN | Underweight | Underweight |
| Dec 22, 2025 | Morgan Stanley | MAINTAIN | Equal-Weight | Equal-Weight |
| Dec 17, 2025 | Stifel | MAINTAIN | Hold | Hold |
Monthly Consensus History
| Period | Strong Buy | Buy | Hold | Sell | Strong Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Jun 1, 2026 | 1 | 0 | 17 | 4 | 3 | 4% | |
| May 1, 2026 | 1 | 0 | 17 | 4 | 3 | 4% | |
| Apr 1, 2026 | 1 | 0 | 17 | 4 | 3 | 4% | |
| Mar 1, 2026 | 1 | 0 | 16 | 3 | 3 | 4% | |
| Feb 1, 2026 | 1 | 0 | 16 | 3 | 3 | 4% | |
| Jan 1, 2026 | 1 | 0 | 16 | 3 | 3 | 4% |
Strong BuyBuyHoldSellStrong Sell
6 members of Congress traded this stock: 2 buys, 7 sells.
Congressional Trades
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Apr 21, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | May 7, 2026 (17d) |
| Apr 16, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | May 7, 2026 (22d) |
| Apr 13, 2026 | Ro Khanna | D | HOUSE | BUY | $1,001 - $15,000 | Paychex Inc | May 13, 2026 (31d) |
| Apr 7, 2026 | Rick Larsen | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | Apr 16, 2026 (10d) |
| Mar 4, 2026 | Michael McCaul | R | HOUSE | BUY | $100,001 - $250,000 | Paychex Inc | Apr 10, 2026 (38d) |
| Feb 24, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | Mar 11, 2026 (16d) |
| Feb 23, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | Mar 11, 2026 (17d) |
| Feb 20, 2026 | Shelley Moore Capito | R | SENATE | SELL | $1,001 - $15,000 | Paychex Inc | Mar 4, 2026 (13d) |
| Jan 14, 2026 | Richard Allen | R | HOUSE | SELL | $15,001 - $50,000 | Paychex Inc | Feb 18, 2026 (36d) |
No Reddit sentiment data available yet. Sentiment is analyzed from Reddit investment communities on a rolling basis.
Jun 5, 2026
short_volume
Short Volume: PAYX — 68.0% short (0.5M / 0.8M)
Short: 513,587 | Exempt: 69 | TRF Vol: 755,360 | Short Ratio: 68.0% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: PAYX — 57.0% short (0.4M / 0.8M)
Short: 447,293 | Exempt: 0 | TRF Vol: 784,786 | Short Ratio: 57.0% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
short_volume
Short Volume: PAYX — 65.9% short (0.5M / 0.7M)
Short: 491,073 | Exempt: 0 | TRF Vol: 745,401 | Short Ratio: 65.9% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
other
Paychex Small Business Jobs Index Improves for a Third Consecutive Month
The Paychex Small Business Jobs Index shows job growth among U.S. small businesses improved for a third-straight month in May 2026.
Jun 2, 2026
short_volume
Short Volume: PAYX — 70.0% short (0.6M / 0.9M)
Short: 636,772 | Exempt: 433 | TRF Vol: 909,582 | Short Ratio: 70.0% | Off-exchange volume (dark pool + OTC)
Jun 1, 2026
short_volume
Short Volume: PAYX — 61.0% short (1.0M / 1.7M)
Short: 1,009,903 | Exempt: 1,657 | TRF Vol: 1,655,910 | Short Ratio: 61.0% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: PAYX — 66.2% short (0.5M / 0.8M)
Short: 520,766 | Exempt: 723 | TRF Vol: 786,900 | Short Ratio: 66.2% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: PAYX — 56.2% short (0.5M / 1.0M)
Short: 538,729 | Exempt: 11 | TRF Vol: 958,770 | Short Ratio: 56.2% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: PAYX — 59.6% short (0.6M / 1.0M)
Short: 613,752 | Exempt: 2,575 | TRF Vol: 1,029,366 | Short Ratio: 59.6% | Off-exchange volume (dark pool + OTC)
May 22, 2026
short_volume
Short Volume: PAYX — 68.1% short (0.6M / 0.9M)
Short: 586,268 | Exempt: 235 | TRF Vol: 860,430 | Short Ratio: 68.1% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: PAYX — 61.5% short (0.5M / 0.8M)
Short: 508,744 | Exempt: 774 | TRF Vol: 827,093 | Short Ratio: 61.5% | Off-exchange volume (dark pool + OTC)
May 20, 2026
short_volume
Short Volume: PAYX — 62.6% short (0.6M / 1.0M)
Short: 625,617 | Exempt: 48 | TRF Vol: 1,000,097 | Short Ratio: 62.6% | Off-exchange volume (dark pool + OTC)
May 19, 2026
short_volume
Short Volume: PAYX — 68.2% short (0.8M / 1.2M)
Short: 822,404 | Exempt: 4 | TRF Vol: 1,206,348 | Short Ratio: 68.2% | Off-exchange volume (dark pool + OTC)
May 18, 2026
short_volume
Short Volume: PAYX — 61.2% short (0.8M / 1.4M)
Short: 836,308 | Exempt: 832 | TRF Vol: 1,367,485 | Short Ratio: 61.2% | Off-exchange volume (dark pool + OTC)
May 18, 2026
dark_pool
Dark Pool: PAYX — 3.8M shares, 89,619 trades
Week starting 2026-05-18. Total ATS volume: 3,758,369 shares across 89,619 trades.