Rep. April McClain Delaney Sells Off Shares of Paychex, Inc. (NASDAQ:PAYX)

Key Points

• Rep. April McClain Delaney disclosed she sold between $1,001 and $15,000 of Paychex (NASDAQ:PAYX) stock on April 21 (filing disclosed May 6).
• Paychex raised its quarterly dividend to $1.19 (annualized $4.76, ~5.0% yield) and its board authorized a $1.0 billion share buyback.
• The company beat quarterly estimates (EPS $1.71 vs. $1.67; revenue $1.81B, +19.9% YoY), but several analysts cut price targets and MarketBeat shows a consensus rating of "Reduce".

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 21st.

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 Stock Up 3.2%

NASDAQ:PAYX opened at $94.26 on Friday. The firm has a market cap of $33.77 billion, a P/E ratio of 20.76 and a beta of 0.84. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.26 and a current ratio of 1.26. Paychex, Inc. has a fifty-two week low of $85.45 and a fifty-two week high of $161.24. The firm 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 released its quarterly earnings data on Wednesday, March 25th. The business services provider reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.67 by $0.04. The business had revenue of $1.81 billion during the quarter, compared to analyst estimates of $1.78 billion. Paychex had a net margin of 25.84% and a return on equity of 48.52%. Paychex's revenue was up 19.9% compared to the same quarter last year. During the same period last year, the business earned $1.49 EPS. Analysts predict that Paychex, Inc. will post 5.5 earnings per share for the current fiscal year.

Paychex Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th will be paid a dividend of $1.19 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.76 dividend on an annualized basis and a yield of 5.0%. This is an increase from Paychex's previous quarterly dividend of $1.08. Paychex's dividend payout ratio (DPR) is 95.15%.

Paychex announced that its board has authorized a share repurchase plan on Friday, January 16th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the business services provider to purchase up to 2.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board believes its shares are undervalued.

Analysts Set New Price Targets

PAYX has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Paychex from $125.00 to $100.00 and set an "underweight" rating on the stock in a report on Thursday, March 26th. Wells Fargo & Company dropped their price target on shares of Paychex from $116.00 to $95.00 and set an "underweight" rating on the stock in a report on Thursday, March 26th. Jefferies Financial Group dropped their price target on shares of Paychex from $110.00 to $105.00 and set a "hold" rating on the stock in a report on Thursday, March 26th. Stephens dropped their price target on shares of Paychex from $125.00 to $105.00 and set an "equal weight" rating on the stock in a report on Thursday, March 26th. Finally, Royal Bank Of Canada dropped their price target on shares of Paychex from $125.00 to $102.00 and set a "sector perform" rating on the stock in a report on Thursday, March 19th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Paychex has a consensus rating of "Reduce" and an average price target of $106.38.

Hedge Funds Weigh In On Paychex

Institutional investors and hedge funds have recently made changes to their positions in the business. Capital International Investors grew its position in shares of Paychex by 59.1% during the 4th quarter. Capital International Investors now owns 30,265,174 shares of the business services provider's stock valued at $3,395,583,000 after acquiring an additional 11,243,295 shares during the period. Vanguard Group Inc. raised its holdings in Paychex by 17.2% in the 3rd quarter. Vanguard Group Inc. now owns 37,765,468 shares of the business services provider's stock worth $4,787,151,000 after purchasing an additional 5,549,511 shares during the period. Federated Hermes Inc. lifted its position in Paychex by 4,141.2% during the fourth quarter. Federated Hermes Inc. now owns 2,409,229 shares of the business services provider's stock valued at $270,267,000 after purchasing an additional 2,352,423 shares in the last quarter. Norges Bank purchased a new position in Paychex during the fourth quarter valued at $257,699,000. Finally, Voloridge Investment Management LLC purchased a new position in Paychex during the third quarter valued at $117,809,000. 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

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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