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

Key Points

• Rep. April McClain Delaney disclosed a sale of $1,001–$15,000 in Paychex shares on April 16, 2026, per a filing posted May 6.
• Paychex’s board approved a $1.0 billion share repurchase program (about 2.5% of shares) and raised the quarterly dividend to $1.19 (annualized $4.76, ~5.0% yield, 95.15% payout ratio).
• The company beat Q results (EPS $1.71 vs. $1.67 est.; revenue $1.81B, +19.9% YoY), but analysts have trimmed price targets and MarketBeat shows a consensus rating of "Reduce" with an average target of $106.38.

Representative April McClain Delaney (Democratic-Maryland) recently sold shares of Paychex, Inc. NASDAQ: PAYX. In a filing disclosed on May 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paychex stock on April 16th.

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

• Sold $1,001 - $15,000 in shares of Service Corporation International NYSE: SCI on 4/30/2026.
• Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 4/30/2026.
• Purchased $1,001 - $15,000 in shares of STERIS NYSE: STE on 4/30/2026.
• Sold $1,001 - $15,000 in shares of Clean Harbors NYSE: CLH on 4/30/2026.
• Purchased $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 4/29/2026.
• Purchased $1,001 - $15,000 in shares of Packaging Corporation of America NYSE: PKG on 4/29/2026.
• Purchased $1,001 - $15,000 in shares of Packaging Corporation of America NYSE: PKG on 4/24/2026.
• Purchased $1,001 - $15,000 in shares of Nasdaq NASDAQ: NDAQ on 4/24/2026.
• Sold $1,001 - $15,000 in shares of Fortune Brands Innovations NYSE: FBIN on 4/24/2026.
• Sold $15,001 - $50,000 in shares of C.H. Robinson Worldwide NASDAQ: CHRW on 4/24/2026.

Paychex Trading Up 3.2%

NASDAQ:PAYX opened at $94.26 on Friday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.13. Paychex, Inc. has a 12 month low of $85.45 and a 12 month high of $161.24. The company has a market cap of $33.77 billion, a PE ratio of 20.76 and a beta of 0.84. The company has a 50 day simple moving average of $92.50 and a two-hundred day simple moving average of $103.62.

Paychex (NASDAQ:PAYX - Get Free Report) last posted its earnings results on Wednesday, March 25th. The business services provider reported $1.71 EPS for the quarter, topping analysts' consensus estimates of $1.67 by $0.04. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.78 billion. Paychex had a net margin of 25.84% and a return on equity of 48.52%. The firm's revenue was up 19.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.49 EPS. Research analysts forecast that Paychex, Inc. will post 5.5 earnings per share for the current year.

Paychex announced that its board has approved a share repurchase program on Friday, January 16th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the business services provider to buy up to 2.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.

Paychex Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th will be given a $1.19 dividend. This is a boost from Paychex's previous quarterly dividend of $1.08. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.76 dividend on an annualized basis and a yield of 5.0%. Paychex's payout ratio is presently 95.15%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company cut their price objective on shares of Paychex from $116.00 to $95.00 and set an "underweight" rating for the company in a research report on Thursday, March 26th. Morgan Stanley decreased their target price on Paychex from $123.00 to $107.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 28th. Royal Bank Of Canada decreased their target price on Paychex from $125.00 to $102.00 and set a "sector perform" rating on the stock in a report on Thursday, March 19th. Citigroup decreased their target price on Paychex from $120.00 to $99.00 and set a "neutral" rating on the stock in a report on Thursday, March 26th. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Paychex in a report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Reduce" and a consensus target price of $106.38.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. 44 Wealth Management LLC boosted its holdings in Paychex by 2.7% in the 2nd quarter. 44 Wealth Management LLC now owns 3,290 shares of the business services provider's stock worth $479,000 after buying an additional 86 shares during the period. Smartleaf Asset Management LLC boosted its holdings in Paychex by 3.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,645 shares of the business services provider's stock worth $381,000 after buying an additional 89 shares during the period. JPL Wealth Management LLC boosted its holdings in Paychex by 0.3% in the 3rd quarter. JPL Wealth Management LLC now owns 27,686 shares of the business services provider's stock worth $3,509,000 after buying an additional 92 shares during the period. Greenleaf Trust boosted its holdings in Paychex by 1.7% in the 4th quarter. Greenleaf Trust now owns 5,834 shares of the business services provider's stock worth $654,000 after buying an additional 95 shares during the period. Finally, Moment Partners LLC boosted its holdings in Paychex by 1.4% in the 3rd quarter. Moment Partners LLC now owns 6,911 shares of the business services provider's stock worth $876,000 after buying an additional 98 shares during the period. Hedge funds and other institutional investors own 83.47% of the company's stock.

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.

About Paychex

Paychex, Inc, founded in 1971 by B. Thomas "Tom" Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company's core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers' compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.

Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.

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