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

Representative April McClain Delaney (D-Maryland) recently bought shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on March 20th, the Representative disclosed that they had bought between $1,001 and $15,000 in Paychex stock on February 21st.

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

• Sold $15,001 – $50,000 in shares of Revvity (NYSE:RVTY) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/28/2025.
• Purchased $15,001 – $50,000 in shares of Corpay (NYSE:CPAY) on 2/28/2025.
• Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/28/2025.
• Purchased $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 2/27/2025.
• Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/27/2025.
• Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/27/2025.
• Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 2/22/2025.
• Purchased $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 2/22/2025.
• Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/22/2025.

Paychex Trading Down 1.5 %

PAYX opened at $143.02 on Friday. Paychex, Inc. has a twelve month low of $114.72 and a twelve month high of $158.37. The company has a 50-day simple moving average of $147.77 and a 200 day simple moving average of $142.71. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $51.50 billion, a price-to-earnings ratio of 30.11, a P/E/G ratio of 4.10 and a beta of 0.98.

Paychex (NASDAQ:PAYX) last posted its quarterly earnings data on Thursday, December 19th. The business services provider reported $1.14 earnings per share for the quarter, topping the consensus estimate of $1.12 by $0.02. Paychex had a net margin of 32.02% and a return on equity of 45.28%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter in the prior year, the business posted $1.08 earnings per share. Paychex’s revenue was up 4.7% compared to the same quarter last year. Analysts predict that Paychex, Inc. will post 4.99 EPS for the current fiscal year.

Paychex Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Friday, February 7th were given a dividend of $0.98 per share. The ex-dividend date of this dividend was Friday, February 7th. This represents a $3.92 annualized dividend and a yield of 2.74%. Paychex’s dividend payout ratio is 82.53%.

Analysts Set New Price Targets

Several research firms recently weighed in on PAYX. Barclays upped their price objective on shares of Paychex from $135.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Monday, December 23rd. UBS Group boosted their target price on Paychex from $152.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 4th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $148.00 target price on shares of Paychex in a research note on Friday, December 20th. Two investment analysts have rated the stock with a sell rating and eleven have given a hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $133.23.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Paychex by 0.6% in the fourth quarter. Vanguard Group Inc. now owns 31,521,025 shares of the business services provider’s stock valued at $4,419,878,000 after buying an additional 174,817 shares during the period. Capital International Investors increased its stake in shares of Paychex by 0.6% in the fourth quarter. Capital International Investors now owns 26,905,031 shares of the business services provider’s stock valued at $3,772,544,000 after buying an additional 166,155 shares during the period. State Street Corp increased its stake in shares of Paychex by 0.5% in the third quarter. State Street Corp now owns 13,230,236 shares of the business services provider’s stock valued at $1,775,365,000 after buying an additional 60,455 shares during the period. Charles Schwab Investment Management Inc. increased its position in Paychex by 5.5% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 10,044,631 shares of the business services provider’s stock valued at $1,408,458,000 after purchasing an additional 519,761 shares during the period. Finally, Geode Capital Management LLC increased its position in Paychex by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 9,541,034 shares of the business services provider’s stock valued at $1,339,463,000 after purchasing an additional 126,962 shares during the period. Institutional investors and hedge funds 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, 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.