Representative Julie Johnson (D-Texas) recently sold shares of Paychex, Inc. NASDAQ: PAYX. In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paychex stock on September 25th. The trade occurred in the Representative's "MERRILL LYNCH LONG TERM GROWTH" account.
Representative Julie Johnson also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Ameren NYSE: AEE on 9/25/2025.
- Sold $1,001 - $15,000 in shares of WEC Energy Group NYSE: WEC on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Equinix NASDAQ: EQIX on 9/25/2025.
- Sold $1,001 - $15,000 in shares of A. O. Smith NYSE: AOS on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Honeywell International NASDAQ: HON on 9/25/2025.
- Sold $1,001 - $15,000 in shares of McCormick & Company, Incorporated NYSE: MKC on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Monster Beverage NASDAQ: MNST on 9/25/2025.
- Sold $1,001 - $15,000 in shares of Molson Coors Beverage NYSE: TAP on 9/25/2025.
- Sold $1,001 - $15,000 in shares of LyondellBasell Industries NYSE: LYB on 9/25/2025.
- Sold $1,001 - $15,000 in shares of United Dominion Realty Trust NYSE: UDR on 9/25/2025.
Paychex Stock Performance
Shares of NASDAQ PAYX opened at $126.59 on Thursday. The company has a market cap of $45.56 billion, a PE ratio of 28.45, a P/E/G ratio of 2.90 and a beta of 0.92. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.15. Paychex, Inc. has a 12-month low of $119.02 and a 12-month high of $161.24. The stock has a 50 day simple moving average of $134.43 and a 200-day simple moving average of $143.99.
Paychex (NASDAQ:PAYX - Get Free Report) last released its earnings results on Tuesday, September 30th. The business services provider reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.20 by $0.02. The firm had revenue of $1.54 billion during the quarter, compared to the consensus estimate of $1.54 billion. Paychex had a return on equity of 45.17% and a net margin of 27.85%.The firm's revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.16 earnings per share. Paychex has set its FY 2026 guidance at 5.428-5.528 EPS. On average, equities research analysts forecast that Paychex, Inc. will post 4.99 EPS for the current year.
Institutional Trading of Paychex
Large investors have recently added to or reduced their stakes in the company. Heartwood Wealth Advisors LLC acquired a new stake in Paychex during the 3rd quarter valued at $25,000. NewSquare Capital LLC raised its stake in Paychex by 83.8% during the 2nd quarter. NewSquare Capital LLC now owns 215 shares of the business services provider's stock valued at $31,000 after purchasing an additional 98 shares during the period. MorganRosel Wealth Management LLC acquired a new stake in Paychex during the 1st quarter valued at $34,000. Quarry LP acquired a new stake in Paychex during the 1st quarter valued at $34,000. Finally, Alpine Bank Wealth Management acquired a new stake in Paychex during the 1st quarter valued at $34,000. 83.47% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Paychex
In other news, CEO John B. Gibson sold 12,370 shares of the company's stock in a transaction 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 transaction, the chief executive officer directly 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.80% of the stock is currently owned by company insiders.
Wall Street Analysts Forecast Growth
A number of equities research analysts have weighed in on the company. Weiss Ratings upgraded Paychex from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday. JPMorgan Chase & Co. cut their target price on Paychex from $153.00 to $140.00 and set an "underweight" rating for the company in a research report on Wednesday, October 1st. Stephens assumed coverage on Paychex in a research report on Monday. They issued an "equal weight" rating and a $135.00 target price for the company. BMO Capital Markets cut their target price on Paychex from $143.00 to $140.00 and set a "market perform" rating for the company in a research report on Wednesday, October 1st. Finally, Morgan Stanley cut their price objective on Paychex from $148.00 to $132.00 and set an "equal weight" rating for the company in a research report on Wednesday, October 1st. One analyst has rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Paychex currently has an average rating of "Reduce" and a consensus target price of $141.29.
Read Our Latest Analysis on Paychex
About Representative Johnson
Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024.
Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.
Paychex Company Profile
(
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.
Further Reading
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