Paychex (NASDAQ:PAYX) Stock Acquired Rep. April McClain Delaney

Representative April McClain Delaney (D-Maryland) recently bought shares of Paychex, Inc. NASDAQ: PAYX. In a filing disclosed on July 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Paychex stock on June 26th.

Representative April McClain Delaney also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of STERIS NYSE: STE on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 6/20/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 6/6/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 6/6/2025.
• Sold $15,001 - $50,000 in shares of Fortune Brands Innovations NYSE: FBIN on 5/29/2025.
• Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 5/28/2025.
• Sold $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 5/27/2025.
• Purchased $1,001 - $15,000 in shares of Tractor Supply NASDAQ: TSCO on 5/27/2025.
• Sold $1,001 - $15,000 in shares of Bio-Techne NASDAQ: TECH on 5/26/2025.

Paychex Price Performance

PAYX stock traded up $0.17 during trading on Friday, hitting $143.46. The company had a trading volume of 2,487,335 shares, compared to its average volume of 1,976,253. Paychex, Inc. has a fifty-two week low of $121.33 and a fifty-two week high of $161.24. The firm has a market capitalization of $51.68 billion, a price-to-earnings ratio of 31.39, a P/E/G ratio of 3.29 and a beta of 0.88. The business has a 50 day moving average of $151.17 and a 200 day moving average of $148.28. The company has a current ratio of 1.28, a quick ratio of 1.39 and a debt-to-equity ratio of 1.10.

Paychex (NASDAQ:PAYX - Get Free Report) last announced its earnings results on Wednesday, June 25th. The business services provider reported $1.19 EPS for the quarter, meeting the consensus estimate of $1.19. The business had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.38 billion. Paychex had a return on equity of 45.01% and a net margin of 29.75%. During the same period in the prior year, the business posted $1.12 earnings per share. As a group, research analysts predict that Paychex, Inc. will post 4.99 earnings per share for the current year.

Paychex Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Monday, July 21st will be issued a dividend of $1.08 per share. The ex-dividend date is Monday, July 21st. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.01%. Paychex's dividend payout ratio (DPR) is presently 94.53%.

Insider Activity at Paychex

In other news, Chairman Martin Mucci sold 97,526 shares of the stock in a transaction dated Thursday, July 10th. The shares were sold at an average price of $145.17, for a total transaction of $14,157,849.42. Following the completion of the transaction, the chairman directly owned 446,917 shares in the company, valued at $64,878,940.89. This represents a 17.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO John B. Gibson sold 12,370 shares of the firm's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $141.92, for a total value of $1,755,550.40. Following the completion of the transaction, the chief executive officer owned 81,755 shares of the company's stock, valued at approximately $11,602,669.60. This represents a 13.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.40% of the company's stock.

Institutional Investors Weigh In On Paychex

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Summit Wealth Partners LLC increased its stake in Paychex by 2.4% in the first quarter. Summit Wealth Partners LLC now owns 3,027 shares of the business services provider's stock valued at $467,000 after purchasing an additional 70 shares in the last quarter. LGT Group Foundation boosted its stake in Paychex by 2.8% in the 1st quarter. LGT Group Foundation now owns 2,528 shares of the business services provider's stock worth $390,000 after purchasing an additional 70 shares during the period. Golden State Equity Partners raised its stake in shares of Paychex by 0.9% in the 1st quarter. Golden State Equity Partners now owns 7,623 shares of the business services provider's stock valued at $1,176,000 after purchasing an additional 71 shares during the period. Palumbo Wealth Management LLC lifted its holdings in shares of Paychex by 2.4% in the first quarter. Palumbo Wealth Management LLC now owns 3,192 shares of the business services provider's stock valued at $492,000 after purchasing an additional 74 shares in the last quarter. Finally, King Wealth Management Group lifted its holdings in shares of Paychex by 4.7% in the first quarter. King Wealth Management Group now owns 1,669 shares of the business services provider's stock valued at $257,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 83.47% of the company's stock.

Analyst Ratings Changes

A number of research firms recently issued reports on PAYX. Jefferies Financial Group set a $140.00 price objective on Paychex and gave the company a "hold" rating in a research report on Thursday, June 26th. Morgan Stanley reduced their price target on Paychex from $150.00 to $148.00 and set an "equal weight" rating for the company in a research report on Friday, June 27th. Stifel Nicolaus decreased their price target on Paychex from $156.00 to $152.00 and set a "hold" rating for the company in a research note on Thursday, June 26th. Barclays set a $155.00 price objective on Paychex and gave the company an "equal weight" rating in a research note on Tuesday, June 24th. Finally, Citigroup set a $158.00 price target on shares of Paychex and gave the company a "neutral" rating in a report on Tuesday, June 24th. One research analyst has rated the stock with a sell rating and ten have issued a hold rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $150.20.

About Representative McClain Delaney

April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland's 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland's 6th Congressional District. She declared candidacy for the 2026 election. April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor's degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.

Paychex Company Profile

Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.