Janus Henderson Group PLC Has $2.82 Million Stock Holdings in Paycom Software, Inc. $PAYC

Key Points

• Janus Henderson increased its Paycom stake by 467.2% in the first quarter, holding 23,200 shares valued at approximately $2.82 million. Institutional investors and hedge funds collectively own 87.77% of PAYC.
• Paycom reported quarterly revenue of $531.2 million and EPS of $2.78, beating analyst estimates, while revenue grew 9.8% year over year. Management also raised its 2026 outlook, citing automation, AI, and new product releases.
• Analyst sentiment remains mixed: several firms raised price targets, but the consensus rating is still “Hold” with an average target of $204.69. Paycom also declared a quarterly dividend of $0.375 per share, representing a 0.7% yield.

Janus Henderson Group PLC increased its stake in shares of Paycom Software, Inc. (NYSE:PAYC - Free Report) by 467.2% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 23,200 shares of the software maker's stock after buying an additional 19,110 shares during the period. Janus Henderson Group PLC's holdings in Paycom Software were worth $2,819,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also bought and sold shares of the company. CYBER HORNET ETFs LLC bought a new stake in shares of Paycom Software during the second quarter worth approximately $29,000. MUFG Securities EMEA plc acquired a new stake in Paycom Software during the 2nd quarter worth approximately $33,000. Brown Brothers Harriman & Co. lifted its holdings in Paycom Software by 190.6% during the 4th quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker's stock worth $25,000 after purchasing an additional 101 shares during the last quarter. Palisade Asset Management LLC bought a new stake in Paycom Software in the 3rd quarter valued at $33,000. Finally, Clearstead Advisors LLC boosted its stake in Paycom Software by 140.3% in the 4th quarter. Clearstead Advisors LLC now owns 161 shares of the software maker's stock valued at $26,000 after purchasing an additional 94 shares during the period. Institutional investors and hedge funds own 87.77% of the company's stock.

Paycom Software Stock Performance

NYSE:PAYC opened at $214.52 on Friday. The company has a market cap of $10.22 billion, a price-to-earnings ratio of 22.80, a PEG ratio of 1.81 and a beta of 0.76. Paycom Software, Inc. has a fifty-two week low of $104.90 and a fifty-two week high of $234.60. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.08 and a current ratio of 1.07. The stock has a fifty day moving average price of $144.49 and a 200-day moving average price of $134.69.

Paycom Software (NYSE:PAYC - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The software maker reported $2.78 EPS for the quarter, topping analysts' consensus estimates of $2.38 by $0.40. The company had revenue of $531.20 million for the quarter, compared to analysts' expectations of $513.12 million. Paycom Software had a return on equity of 37.06% and a net margin of 22.78%.Paycom Software's revenue was up 9.8% on a year-over-year basis. During the same quarter last year, the business earned $2.06 earnings per share. As a group, equities analysts anticipate that Paycom Software, Inc. will post 9.53 EPS for the current fiscal year.

Paycom Software Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Shareholders of record on Monday, August 24th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, August 24th. Paycom Software's dividend payout ratio (DPR) is currently 15.94%.

Analyst Ratings Changes

Several research analysts have weighed in on PAYC shares. BMO Capital Markets increased their price objective on Paycom Software from $145.00 to $208.00 and gave the stock a "market perform" rating in a research report on Thursday. Barclays upped their price target on shares of Paycom Software from $154.00 to $210.00 and gave the company an "equal weight" rating in a research note on Thursday. BTIG Research raised their price target on shares of Paycom Software from $160.00 to $230.00 and gave the stock a "buy" rating in a research report on Thursday. Cantor Fitzgerald boosted their price objective on shares of Paycom Software from $135.00 to $195.00 and gave the company a "neutral" rating in a report on Thursday. Finally, Weiss Ratings upgraded shares of Paycom Software from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Paycom Software presently has an average rating of "Hold" and a consensus target price of $204.69.

Key Stories Impacting Paycom Software

Here are the key news stories impacting Paycom Software this week:

• Positive Sentiment: Q2 results exceeded expectations: Paycom reported $531.2 million in revenue, up 9.8% year over year, and $2.78 in non-GAAP EPS, beating consensus estimates. Recurring sales growth and expanding margins added to the positive reaction. Paycom's Q2 Earnings Surpass Expectations, Revenues Rise Y/Y
• Positive Sentiment: Management raised its 2026 forecast: Paycom now expects revenue of approximately $2.197 billion to $2.212 billion and adjusted EBITDA of $1.007 billion to $1.022 billion. Free cash flow is expected to exceed $650 million, supporting the improved earnings outlook. Paycom forecasts 2026 revenue and EBITDA
• Positive Sentiment: Automation and AI are improving profitability: Management highlighted savings from automation, internally hosted AI models, and new product releases as drivers of operating leverage and demand for Paycom’s employee-management services. Paycom raises annual forecast on AI-driven demand
• Positive Sentiment: Analysts lifted price targets: KeyBanc raised its target to $270 with an overweight rating, while TD Cowen raised its target to $244 and upgraded the stock to buy. BTIG also increased its target to $230 and maintained a buy rating. Paycom Software analysts boost forecasts
• Neutral Sentiment: Capital returns remain supportive: Paycom repurchased roughly 2.57 million shares for $345.9 million during the quarter, which may enhance per-share results but also reflects substantial cash deployment.
• Negative Sentiment: Some analysts remain cautious at the higher valuation: Barclays, BMO, Stifel, UBS, and Cantor Fitzgerald raised targets but retained neutral or hold-equivalent ratings, with targets ranging from $195 to $210—below the recent market level. Mixed institutional positioning also suggests not all investors share the bullish view.

Paycom Software Company Profile

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.

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