Representative Lisa C. McClain (R-Michigan) recently bought shares of Paychex, Inc. NASDAQ: PAYX. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Paychex stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.
Representative Lisa C. McClain also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
- Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
- Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
- Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
- Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.
Paychex Trading Up 0.6%
Shares of NASDAQ:PAYX traded up $0.76 during midday trading on Friday, reaching $138.25. The company's stock had a trading volume of 2,671,372 shares, compared to its average volume of 2,159,381. The firm has a market capitalization of $49.80 billion, a price-to-earnings ratio of 30.25, a PEG ratio of 3.17 and a beta of 0.91. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.28 and a current ratio of 1.28. The firm has a 50 day moving average price of $145.72 and a two-hundred day moving average price of $148.16. Paychex, Inc. has a fifty-two week low of $124.64 and a fifty-two week high of $161.24.
Paychex (NASDAQ:PAYX - Get Free Report) last issued its earnings results on Wednesday, June 25th. The business services provider reported $1.19 EPS for the quarter, meeting analysts' consensus estimates of $1.19. Paychex had a return on equity of 45.01% and a net margin of 29.75%. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same period in the previous year, the company posted $1.12 EPS. As a group, analysts forecast that Paychex, Inc. will post 4.99 earnings per share for the current year.
Paychex Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Monday, July 21st will be paid a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, July 21st. Paychex's payout ratio is currently 94.53%.
Wall Street Analysts Forecast Growth
PAYX has been the subject of a number of recent research reports. Jefferies Financial Group set a $140.00 price objective on Paychex and gave the stock a "hold" rating in a report on Thursday, June 26th. UBS Group lowered their price objective on Paychex from $155.00 to $145.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. JPMorgan Chase & Co. increased their price objective on Paychex from $148.00 to $153.00 and gave the stock an "underweight" rating in a research note on Thursday. Stifel Nicolaus lowered their price objective on Paychex from $156.00 to $152.00 and set a "hold" rating for the company in a research note on Thursday, June 26th. Finally, Citigroup set a $158.00 price objective on Paychex and gave the stock a "neutral" rating in a research note on Tuesday, June 24th. One research analyst has rated the stock with a sell rating and ten have assigned a hold rating to the stock. According to data from MarketBeat, Paychex presently has an average rating of "Hold" and an average target price of $150.70.
Check Out Our Latest Stock Report on Paychex
Insider Buying and Selling at Paychex
In other news, Chairman Martin Mucci sold 97,526 shares of the company's stock in a transaction on Thursday, July 10th. The shares were sold at an average price of $145.17, for a total value of $14,157,849.42. Following the transaction, the chairman owned 446,917 shares of the company's stock, valued at approximately $64,878,940.89. This represents a 17.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John B. Gibson sold 12,370 shares of the company's stock in a transaction on Wednesday, July 16th. The stock was sold at an average price of $141.92, for a total transaction of $1,755,550.40. Following the completion of the transaction, the chief executive officer directly owned 81,755 shares in the company, valued at approximately $11,602,669.60. The trade was a 13.14% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 11.40% of the company's stock.
Hedge Funds Weigh In On Paychex
Several institutional investors have recently bought and sold shares of the company. NewSquare Capital LLC lifted its position in shares of Paychex by 83.8% during the second quarter. NewSquare Capital LLC now owns 215 shares of the business services provider's stock worth $31,000 after acquiring an additional 98 shares in the last quarter. MorganRosel Wealth Management LLC purchased a new stake in shares of Paychex during the first quarter worth $34,000. Quarry LP purchased a new stake in shares of Paychex during the first quarter worth $34,000. Alpine Bank Wealth Management purchased a new stake in shares of Paychex during the first quarter worth $34,000. Finally, Tsfg LLC increased its holdings in shares of Paychex by 122.3% in the first quarter. Tsfg LLC now owns 229 shares of the business services provider's stock worth $35,000 after purchasing an additional 126 shares during the period. Hedge funds and other institutional investors own 83.47% of the company's stock.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
About Paychex
(
Get Free Report)
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.
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