Representative April McClain Delaney (D-Maryland) recently bought shares of Paychex, Inc. NASDAQ: PAYX. In a filing disclosed on May 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Paychex stock on April 9th.
Representative April McClain Delaney also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 4/29/2025.
- Purchased $1,001 - $15,000 in shares of Bio-Techne NASDAQ: TECH on 4/29/2025.
- Sold $1,001 - $15,000 in shares of Dayforce NYSE: DAY on 4/28/2025.
- Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 4/24/2025.
- Sold $1,001 - $15,000 in shares of A. O. Smith NYSE: AOS on 4/16/2025.
- Sold $1,001 - $15,000 in shares of A. O. Smith NYSE: AOS on 4/10/2025.
- Sold $1,001 - $15,000 in shares of Toro NYSE: TTC on 4/10/2025.
- Purchased $1,001 - $15,000 in shares of Bio-Techne NASDAQ: TECH on 4/9/2025.
- Purchased $1,001 - $15,000 in shares of IDEXX Laboratories NASDAQ: IDXX on 4/9/2025.
- Purchased $1,001 - $15,000 in shares of Markel Group NYSE: MKL on 4/9/2025.
Paychex Stock Up 0.2%
Shares of PAYX stock traded up $0.32 during trading hours on Friday, reaching $151.65. The company had a trading volume of 1,120,253 shares, compared to its average volume of 1,930,983. Paychex, Inc. has a 12 month low of $115.40 and a 12 month high of $158.37. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.39. The business has a fifty day simple moving average of $147.08 and a 200-day simple moving average of $145.32. The company has a market cap of $54.62 billion, a price-to-earnings ratio of 31.93, a price-to-earnings-growth ratio of 4.10 and a beta of 0.91.
Paychex (NASDAQ:PAYX - Get Free Report) last posted its earnings results on Wednesday, March 26th. The business services provider reported $1.49 earnings per share for the quarter, beating analysts' consensus estimates of $1.48 by $0.01. Paychex had a return on equity of 45.28% and a net margin of 32.02%. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion. During the same quarter last year, the company earned $1.38 earnings per share. The company's revenue for the quarter was up 4.8% on a year-over-year basis. On average, research analysts expect that Paychex, Inc. will post 4.99 earnings per share for the current fiscal year.
Paychex Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, May 29th. Stockholders of record on Monday, May 12th will be issued a $1.08 dividend. This represents a $4.32 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date is Monday, May 12th. This is a positive change from Paychex's previous quarterly dividend of $0.98. Paychex's dividend payout ratio (DPR) is currently 90.00%.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on PAYX shares. Cfra Research upgraded Paychex to a "hold" rating in a report on Thursday, March 27th. UBS Group lifted their price target on Paychex from $152.00 to $155.00 and gave the stock a "neutral" rating in a report on Tuesday, March 4th. Morgan Stanley lifted their price target on Paychex from $137.00 to $142.00 and gave the stock an "equal weight" rating in a report on Thursday, March 27th. Barclays lifted their price target on Paychex from $140.00 to $155.00 and gave the stock an "equal weight" rating in a report on Monday, March 31st. Finally, Citigroup lifted their price target on Paychex from $145.00 to $158.00 and gave the stock a "neutral" rating in a report on Thursday, March 27th. Two research analysts have rated the stock with a sell rating and ten have given a hold rating to the stock. According to data from MarketBeat.com, Paychex has an average rating of "Hold" and a consensus price target of $141.00.
Get Our Latest Stock Report on PAYX
Insider Activity
In related news, Director Joseph M. Velli sold 3,650 shares of the stock in a transaction dated Tuesday, April 15th. The stock was sold at an average price of $149.25, for a total transaction of $544,762.50. Following the sale, the director now owns 78,455 shares of the company's stock, valued at approximately $11,709,408.75. This represents a 4.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 11.40% of the company's stock.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Miracle Mile Advisors LLC lifted its position in shares of Paychex by 91.1% during the 4th quarter. Miracle Mile Advisors LLC now owns 10,808 shares of the business services provider's stock valued at $1,515,000 after buying an additional 5,153 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Paychex by 2.8% during the 3rd quarter. Franklin Resources Inc. now owns 997,930 shares of the business services provider's stock valued at $142,055,000 after buying an additional 27,296 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of Paychex by 120.0% during the 4th quarter. Jones Financial Companies Lllp now owns 6,936 shares of the business services provider's stock valued at $973,000 after buying an additional 3,783 shares during the last quarter. PFW Advisors LLC purchased a new position in shares of Paychex during the 4th quarter valued at $2,405,000. Finally, Principal Financial Group Inc. lifted its position in shares of Paychex by 3.3% during the 3rd quarter. Principal Financial Group Inc. now owns 424,160 shares of the business services provider's stock valued at $56,918,000 after buying an additional 13,702 shares during the last quarter. 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.
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.
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