Paychex (PAYX) Projected to Post Quarterly Earnings on Tuesday

Key Points

• Paychex is projected to announce its Q1 2026 earnings on September 30th, expecting earnings of $1.21 per share and revenue of $1.537 billion.
• Recently, Paychex declared a quarterly dividend of $1.08 per share, reflecting an annualized yield of 3.3% and a payout ratio of 94.53%.
• Analysts have varied price targets for Paychex, with Citigroup reducing its target to $148 and Royal Bank of Canada setting it at $165, while the consensus rating remains at "Reduce."

Paychex (NASDAQ:PAYX - Get Free Report) is projected to issue its Q1 2026 results before the market opens on Tuesday, September 30th. Analysts expect the company to announce earnings of $1.21 per share and revenue of $1.5370 billion for the quarter. Paychex has set its FY 2026 guidance at EPS.Parties can check the company's upcoming Q1 2026 earningsummary page for the latest details on the call scheduled for Tuesday, September 30, 2025 at 9:30 AM ET.

Paychex (NASDAQ:PAYX - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The business services provider reported $1.19 earnings per share (EPS) for the quarter, hitting 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 for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the prior year, the company earned $1.12 EPS. On average, analysts expect Paychex to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Paychex Price Performance

Shares of PAYX stock opened at $130.40 on Tuesday. Paychex has a 1-year low of $128.23 and a 1-year high of $161.24. The stock's 50-day moving average is $138.80 and its 200 day moving average is $145.65. The company has a market cap of $46.89 billion, a P/E ratio of 28.53, a PEG ratio of 2.98 and a beta of 0.91. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.28 and a quick ratio of 1.28.

Paychex Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 29th. Investors of record on Monday, July 21st were given a dividend of $1.08 per share. The ex-dividend date of this dividend was Monday, July 21st. This represents a $4.32 dividend on an annualized basis and a yield of 3.3%. Paychex's dividend payout ratio (DPR) is presently 94.53%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on PAYX shares. Citigroup dropped their price target on Paychex from $158.00 to $148.00 and set a "neutral" rating on the stock in a research note on Thursday, August 21st. Royal Bank Of Canada set a $165.00 price target on Paychex and gave the stock a "sector perform" rating in a research note on Tuesday, June 24th. JPMorgan Chase & Co. boosted their price target on Paychex from $148.00 to $153.00 and gave the stock an "underweight" rating in a research note on Thursday, August 14th. BMO Capital Markets started coverage on Paychex in a research note on Thursday, July 10th. They set a "market perform" rating and a $160.00 price target on the stock. Finally, Stifel Nicolaus dropped their price target on Paychex from $152.00 to $142.00 and set a "hold" rating on the stock in a research note on Monday. Ten analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average price target of $148.20.

Insider Activity at Paychex

In related news, CEO John B. Gibson sold 12,370 shares of Paychex stock in a transaction that occurred 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. This trade represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Chairman Martin Mucci sold 97,526 shares of Paychex stock in a transaction that occurred 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 disclosure for this sale can be found here. 0.80% of the stock is currently owned by company insiders.

Institutional Trading of Paychex

Institutional investors and hedge funds have recently made changes to their positions in the business. Bison Wealth LLC increased its position in shares of Paychex by 3.0% in the fourth quarter. Bison Wealth LLC now owns 4,035 shares of the business services provider's stock valued at $566,000 after buying an additional 117 shares in the last quarter. Brighton Jones LLC increased its position in shares of Paychex by 26.3% in the fourth quarter. Brighton Jones LLC now owns 5,710 shares of the business services provider's stock valued at $801,000 after buying an additional 1,190 shares in the last quarter. Eventide Asset Management LLC increased its position in shares of Paychex by 82.9% in the second quarter. Eventide Asset Management LLC now owns 6,474 shares of the business services provider's stock valued at $933,000 after buying an additional 2,934 shares in the last quarter. Voleon Capital Management LP acquired a new stake in shares of Paychex in the second quarter worth approximately $846,000. Finally, Geneos Wealth Management Inc. boosted its stake in shares of Paychex by 106.4% in the second quarter. Geneos Wealth Management Inc. now owns 5,807 shares of the business services provider's stock worth $845,000 after acquiring an additional 2,994 shares during the last quarter. 83.47% of the stock is currently owned by hedge funds and other institutional investors.

About Paychex

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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