Paychex (NASDAQ:PAYX) Shares 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 5th.

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 Stock Down 1.5 %

Shares of PAYX opened at $143.02 on Friday. The stock has a market cap 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. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. Paychex, Inc. has a 12 month low of $114.72 and a 12 month high of $158.37. The company has a 50-day moving average price of $147.77 and a two-hundred day moving average price of $142.63.

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

Paychex Announces Dividend

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

Institutional Trading of Paychex

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PAYX. Natixis Advisors LLC increased its position in Paychex by 1.4% in the third quarter. Natixis Advisors LLC now owns 99,970 shares of the business services provider’s stock worth $13,415,000 after purchasing an additional 1,424 shares during the period. Thrivent Financial for Lutherans increased its position in Paychex by 0.9% in the third quarter. Thrivent Financial for Lutherans now owns 30,548 shares of the business services provider’s stock worth $4,099,000 after purchasing an additional 285 shares during the period. Quest Partners LLC acquired a new stake in Paychex in the third quarter worth about $36,000. Prospera Financial Services Inc boosted its holdings in Paychex by 2.3% during the third quarter. Prospera Financial Services Inc now owns 33,415 shares of the business services provider’s stock worth $4,485,000 after buying an additional 736 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its holdings in Paychex by 7.2% during the third quarter. Fifth Third Wealth Advisors LLC now owns 5,628 shares of the business services provider’s stock worth $755,000 after buying an additional 380 shares during the last quarter. 83.47% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

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.

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.