Paymentus Holdings, Inc. $PAY Stock Position Lifted by Graham Capital Management L.P.

Key Points

• Graham Capital Management L.P. increased its ownership in Paymentus Holdings, Inc. by 104.7%, acquiring an additional 13,395 shares during the 1st quarter, bringing its total to 26,184 shares.
• Paymentus reported $0.15 earnings per share (EPS) for the latest quarter, beating estimates, with a total revenue of $280.08 million, which is a 41.9% increase from the previous year.
• Equities analysts have a consensus rating of "Moderate Buy" on Paymentus shares, with a price target averaging $37.00, reflecting a positive outlook for the company.

Graham Capital Management L.P. raised its holdings in Paymentus Holdings, Inc. (NYSE:PAY - Free Report) by 104.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,184 shares of the business services provider's stock after purchasing an additional 13,395 shares during the period. Graham Capital Management L.P.'s holdings in Paymentus were worth $683,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in PAY. Barclays PLC raised its stake in shares of Paymentus by 256.1% in the 4th quarter. Barclays PLC now owns 18,012 shares of the business services provider's stock valued at $588,000 after purchasing an additional 12,954 shares in the last quarter. Northern Trust Corp raised its stake in shares of Paymentus by 7.3% in the 4th quarter. Northern Trust Corp now owns 107,824 shares of the business services provider's stock valued at $3,523,000 after purchasing an additional 7,342 shares in the last quarter. Comerica Bank raised its stake in shares of Paymentus by 170.3% in the 4th quarter. Comerica Bank now owns 15,607 shares of the business services provider's stock valued at $510,000 after purchasing an additional 9,833 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Paymentus in the 4th quarter valued at about $1,987,000. Finally, Bank of America Corp DE raised its stake in shares of Paymentus by 83.9% in the 4th quarter. Bank of America Corp DE now owns 14,096 shares of the business services provider's stock valued at $461,000 after purchasing an additional 6,429 shares in the last quarter. 78.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PAY. Wolfe Research upgraded shares of Paymentus from a "peer perform" rating to an "outperform" rating in a research note on Tuesday, July 22nd. Robert W. Baird increased their target price on shares of Paymentus from $36.00 to $40.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Wall Street Zen raised shares of Paymentus from a "hold" rating to a "buy" rating in a report on Saturday, July 5th. Finally, Raymond James Financial set a $38.00 target price on Paymentus and gave the stock an "outperform" rating in a research report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Paymentus currently has a consensus rating of "Moderate Buy" and an average price target of $37.00.

Paymentus Trading Down 1.5%

NYSE:PAY traded down $0.53 during midday trading on Wednesday, hitting $35.12. 537,876 shares of the stock were exchanged, compared to its average volume of 588,452. The business has a 50-day moving average price of $33.25 and a two-hundred day moving average price of $32.17. Paymentus Holdings, Inc. has a one year low of $19.53 and a one year high of $40.43. The company has a market capitalization of $4.40 billion, a price-to-earnings ratio of 81.48 and a beta of 1.57.

Paymentus (NYSE:PAY - Get Free Report) last issued its quarterly earnings results on Monday, August 4th. The business services provider reported $0.15 EPS for the quarter, topping the consensus estimate of $0.14 by $0.01. The firm had revenue of $280.08 million for the quarter, compared to analysts' expectations of $262.78 million. Paymentus had a net margin of 5.37% and a return on equity of 12.63%. Paymentus's revenue for the quarter was up 41.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.12 earnings per share. Paymentus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts forecast that Paymentus Holdings, Inc. will post 0.39 EPS for the current fiscal year.

Paymentus Profile

Paymentus Holdings, Inc provides cloud-based bill payment technology and solutions in the United States and internationally. The company offers electronic bill presentment and payment services, enterprise customer communication, and self-service revenue management to billers through a software-as-a-service technology platform.