Robeco Institutional Asset Management B.V. Has $54.39 Million Stock Holdings in Paycom Software, Inc. $PAYC

Key Points

• Robeco Institutional Asset Management boosted its Paycom stake by 230.9% in Q4 to 341,286 shares worth $54.39 million (about 0.61% of the company), while other big funds (Allianz, Two Sigma, Vanguard) also increased positions, leaving institutional ownership at 87.77%.
• Multiple analysts have cut price targets (e.g., UBS to $210, BTIG to $140, Jefferies to $130), resulting in a MarketBeat consensus rating of Hold and an average price target of $170.71.
• Paycom slightly beat quarterly estimates (EPS $2.45 vs $2.44) with revenue up 10.2% to $544.3M, trades at a PE of 14.8 with a $5.71B market cap, and recently declared a quarterly dividend of $0.375 (≈1.3% yield).

Robeco Institutional Asset Management B.V. raised its holdings in Paycom Software, Inc. (NYSE:PAYC - Free Report) by 230.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 341,286 shares of the software maker's stock after purchasing an additional 238,155 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.61% of Paycom Software worth $54,387,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Allianz Asset Management GmbH boosted its holdings in shares of Paycom Software by 10,106.6% during the 3rd quarter. Allianz Asset Management GmbH now owns 486,957 shares of the software maker's stock valued at $101,355,000 after acquiring an additional 482,186 shares in the last quarter. Two Sigma Investments LP boosted its holdings in shares of Paycom Software by 228.7% during the 3rd quarter. Two Sigma Investments LP now owns 532,124 shares of the software maker's stock valued at $110,756,000 after acquiring an additional 370,219 shares in the last quarter. Woodline Partners LP acquired a new stake in shares of Paycom Software during the 3rd quarter valued at $58,452,000. Freestone Grove Partners LP acquired a new stake in shares of Paycom Software during the 3rd quarter valued at $42,414,000. Finally, Vanguard Group Inc. boosted its holdings in shares of Paycom Software by 3.2% during the 3rd quarter. Vanguard Group Inc. now owns 5,802,788 shares of the software maker's stock valued at $1,207,792,000 after acquiring an additional 179,218 shares in the last quarter. Institutional investors and hedge funds own 87.77% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. UBS Group cut their price objective on Paycom Software from $245.00 to $210.00 and set a "buy" rating on the stock in a report on Monday, January 26th. BTIG Research cut their price objective on Paycom Software from $195.00 to $140.00 and set a "buy" rating on the stock in a report on Thursday, February 12th. Weiss Ratings downgraded Paycom Software from a "hold (c-)" rating to a "sell (d+)" rating in a report on Tuesday, February 3rd. 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 report on Thursday, January 8th. Finally, Jefferies Financial Group cut their price objective on Paycom Software from $190.00 to $130.00 and set a "hold" rating on the stock in a report on Thursday, February 12th. Five equities research analysts have rated the stock with 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 currently has an average rating of "Hold" and an average price target of $170.71.

Paycom Software Trading Up 5.4%

PAYC stock opened at $119.70 on Tuesday. The stock has a 50-day moving average price of $124.58 and a 200-day moving average price of $154.80. Paycom Software, Inc. has a 1-year low of $104.90 and a 1-year high of $267.76. The firm has a market cap of $5.71 billion, a PE ratio of 14.80, a price-to-earnings-growth ratio of 1.20 and a beta of 0.79.

Paycom Software (NYSE:PAYC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, topping the consensus estimate of $2.44 by $0.01. The firm had revenue of $544.30 million during the quarter, compared to analyst estimates of $542.79 million. Paycom Software had a return on equity of 24.25% and a net margin of 22.10%.The business's quarterly revenue was up 10.2% on a year-over-year basis. During the same period last year, the company posted $2.32 EPS. On average, analysts forecast that Paycom Software, Inc. will post 7.15 earnings per share for the current year.

Paycom Software Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 23rd. Shareholders of record on Monday, March 9th were paid a dividend of $0.375 per share. The ex-dividend date was Monday, March 9th. This represents a $1.50 dividend on an annualized basis and a yield of 1.3%. Paycom Software's payout ratio is 18.54%.

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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