your badges 52W Range $85–$128 60% of range Analyst Rating HOLD 26 analysts Price Target $114 +3% upside P/E 22.0 ROE 47.1% Net Profit Margin 27.4%

PAYX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $110.99
Market Cap (MRQ) $39.51B
P/E (TTM) 22.0
EPS (TTM) $5.04
Revenue (TTM) $6.60B
Div Yield 4.0%
ROE (TTM) 47.1%
Debt/Equity (MRQ) 1.2
52W Range $85–$128

PAYX Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

04
range
bars

Bar granularity adapts to the selected period — hover the chart to see open/high/low/close for a bar.

Stock splits 10
Ex-date Split Type
May 23, 2000 3-for-2 Forward
May 24, 1999 3-for-2 Forward
May 26, 1998 3-for-2 Forward
May 30, 1997 3-for-2 Forward
May 24, 1996 3-for-2 Forward
May 26, 1995 3-for-2 Forward
Aug. 27, 1993 3-for-2 Forward
May 21, 1992 3-for-2 Forward
Nov. 16, 1987 3-for-2 Forward
June 13, 1986 3-for-2 Forward

About Paychex, Inc. - Common Stock Company overview from Wikipedia

05 · wikidata

Paychex, Inc. is an American company that provides human resources, payroll, and employee benefits outsourcing services for small- to medium-sized businesses. Founded in 1971 and headquartered in Rochester, New York, the company has more than 100 offices serving approximately 800,000 payroll clients in the U.S. and Europe. Paychex is ranked 681st on the Fortune 500 list of largest corporations by revenue.

History

Paychex was founded in 1971 by Tom Golisano, who started the company with only $3,000.

The operation grew to include 18 franchises and partnerships, which were eventually consolidated into one private company in 1979. In 1983, the company (ticker symbol: PAYX) became a public company via an initial public offering.

Paychex acquired Pay-Fone in 1995. In 1996, the company acquired Olsen Computer Systems and National Business Systems.

Between 2002 and 2003, it acquired Advantage Payroll Services, Interpay, and Time in a Box, followed by Time in a Box's parent Stromberg in 2004.

The company purchased Hawthorne Benefit Technologies in 2007, SurePayroll, Inc. in 2010, and ePlan Services in 2011. It Icon Time Systems and ExpenseWire in 2012 for an undisclosed amount. Between 2013 and 2017, it purchased myStaffingPro NETtime solutions Advance Partners, and Human Resources Outsourcing, Inc.

Rochester Democrat and Chronicle named Paychex one of the Best Places to Work in Rochester in 2016.

It acquired Lessor Group 2018. That year it also acquired Oasis for a reported $1.2 billion.

In 2019, Paychex was named to the Fortune list of Future 50 companies.

John Gibson has been CEO of Paychex since October 2022.

The company generated $5.2 billion in revenue and $13 billion in assets in 2024.

In 2025, it acquired Paycor for $4.1 billion

In May 2025, Paychex acquired SixFifty, the legal tech unit of U.S. law firm Wilson Sonsini Goodrich & Rosati, in an all-cash deal worth between $70 million and $85 million.

Small Business Employment Watch

Paychex and IHS Markit launched a Small Business Jobs Index in 2014 that measures the health of businesses employing 50 people or less. The IHS Markit Small Business Employment Watch shares small business jobs data beginning 2005 and wage data from 2011. The Employment Watch is frequently used by financial experts, analysts, and journalists assessing the economic outlook.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorIndustrials industryProfessional Services employees17,600 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$6.51B
2017-05-31 → 2026-05-31
EPS$4.89
2017-05-31 → 2026-05-31
Free Cash Flow$2.32B
2017-05-31 → 2026-05-31
Net margin27.4%
2024-05-31 → 2026-05-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend PAYX 5Y avg Peer Median Verdict
P/E (TTM) 22.05Y avg ≈27.3 ≈27.3 20.5 Overvalued
P/S (TTM) 6.05Y avg ≈8.2 ≈8.2 1.9 Overvalued
P/B (MRQ) 10.75Y avg ≈11.9 ≈11.9 9.7 Overvalued
EV / EBITDA (TTM) 14.25Y avg ≈18.9 ≈18.9 16.0 Undervalued
Price / FCF (TTM) 19.65Y avg ≈26.0 ≈26.0 · ·
Price / Cash Flow (TTM) 17.55Y avg ≈23.6 ≈23.6 11.7 Overvalued
EV / Revenue (TTM) 6.55Y avg ≈8.3 ≈8.3 · ·
EV / FCF (TTM) 21.45Y avg ≈26.4 ≈26.4 · ·
Price / Tangible Book (MRQ) 19.05Y avg ≈31.4 ≈31.4 · ·
PEG Ratio ≈2.2 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Dividend Yield4.0%
Payout Ratio90.3%
Annualized Payout≈$4.76Paid quarterly
5Y Div CAGR≈11.7%Per share, split-adjusted
Growth Streak≈15Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Jul 28, 2026$1.19USD≈3.8%
May 13, 2026$1.19USD≈4.9%
Jan 28, 2026$1.08USD≈4.2%
Nov 7, 2025$1.08USD≈3.8%
Jul 21, 2025$1.08USD≈2.9%
May 12, 2025$1.08USD≈2.7%
Feb 7, 2025$0.98USD≈2.7%
Nov 7, 2024$0.98USD≈2.6%
Aug 8, 2024$0.98USD≈3.0%
May 9, 2024$0.98USD≈3.0%
Feb 12, 2024$0.89USD≈2.9%
Nov 13, 2023$0.89USD≈3.0%
Aug 9, 2023$0.89USD≈2.7%
May 10, 2023$0.89USD≈3.0%
Feb 8, 2023$0.79USD≈2.7%
Nov 8, 2022$0.79USD≈2.6%
Aug 10, 2022$0.79USD≈2.2%
May 11, 2022$0.79USD≈2.3%
Jan 28, 2022$0.66USD≈2.3%
Oct 29, 2021$0.66USD≈2.1%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Beat Rate 0.00%
Avg Surprise -0.62%
PeriodReportEPS ActualEPS EstSurprise
March 31, 2027 Sep 23, 2026 $1.34 $1.35 -0.48%
Sept. 30, 2026 $1.34 $1.35 -0.48%
June 30, 2026 $1.32 $1.33 -0.76%
March 31, 2026 $1.71 $1.71 0.26%
Dec. 31, 2025 $1.26 $1.25 0.54%
Sept. 30, 2025 $1.22 $1.23 -0.85%
June 30, 2025 $1.19 $1.21 -1.9%
March 31, 2025 $1.49 $1.51 -1.3%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 16
Metric Trend 202620252024202320222021202020192018201720162015
Revenue $6.51B$5.57B$5.28B$5.01B$4.61B$4.06B$4.04B$3.77B$3.38B$3.15B$2.95B$2.74B
Cost of Revenue $1.67B$1.54B$1.48B$1.45B$1.36B$1.27B$1.28B$1.18B$1.02B···
SG&A Expense $2.33B$1.82B$1.62B$1.52B$1.42B$1.32B$1.30B$1.22B$1.07B$980M$948M$878M
Operating Expenses $4.00B$3.36B$3.10B$2.97B$2.77B$2.60B$2.58B$2.40B$2.09B$1.90B$1.81B$1.69B
Operating Income $2.51B$2.21B$2.17B$2.03B$1.84B$1.46B$1.46B$1.37B$1.29B$1.25B$1.15B$1.05B
Interest Expense ··$37M$37M$37M$36M$39M$18M$4M$2M$1M$700.0K
Interest Income $211M$162M$146M$100M$58M$59M$87M$81M$64M$51M$46M$42M
Other Non-op $6M$800.0K$-2M$3M$18M$7M$3M$1M$600.0K···
Pretax Income $2.31B$2.18B$2.22B$2.05B$1.82B$1.43B$1.44B$1.37B$1.30B$1.26B$1.15B$1.06B
Income Tax $551M$519M$528M$491M$432M$337M$339M$334M$306M$433M$394M$385M
Net Income $1.76B$1.66B$1.69B$1.56B$1.39B······$675M
EPS (Basic) $4.90$4.60$4.69$4.32$3.86$3.05$3.06$2.88$2.77$2.30$2.10$1.86
EPS (Diluted) $4.89$4.58$4.67$4.30$3.84$3.03$3.04$2.86$2.75$2.28$2.09$1.85
Shares (Basic) 358,900,000360,200,000360,300,000360,400,000360,600,000359,900,000358,500,000359,200,000359,000,000359,800,000360,700,000362,900,000
Shares (Diluted) 360,000,000362,000,000362,100,000362,300,000363,100,000362,100,000361,000,000361,800,000361,500,000362,600,000362,500,000364,600,000
EBITDA $2.95B$2.42B$2.35B$2.21B$2.03B$1.65B$1.67B$1.55B$1.43B$1.37B$1.26B$1.16B
Balance Sheet 27
Metric Trend 202620252024202320222021202020192018201720162015
Cash & Equivalents $1.09B$1.63B$1.47B$1.22B$370M$995M$905M$674M$358M$185M$132M$170M
Short-term Investments $36M$34M$34M$373M$854M$37M$27M$39M$66M$139M$221M$367M
Receivables ···········$177M
Prepaid Expense $385M$378M$322M$290M$272M$249M$245M$234M$224M$58M$59M$51M
Current Assets $8.61B$8.92B$7.25B$7.53B$6.58B$6.17B$5.46B$5.68B$5.89B$5.27B$4.86B$5.09B
PP&E (Net) $589M$512M$412M$396M$401M$396M$407M$409M$394M$337M$353M$354M
PP&E (Gross) $1.92B$1.73B$1.54B$1.48B$1.46B$1.36B$1.36B$1.27B$1.18B$1.05B$1.01B$973M
Accum. Depreciation $1.33B$1.22B$1.13B$1.08B$1.06B$966M$957M$866M$789M$714M$659M$620M
Goodwill $4.53B$4.51B$1.88B$1.83B$1.83B$1.82B$1.79B$1.78B$814M$657M$657M$562M
Intangibles $1.68B$1.95B$194M$187M$225M$276M$331M$399M$141M$58M$70M$32M
Other Non-current Assets $141M$128M$115M$65M$54M$34M$38M$25M$16M$31M$32M$32M
Total Assets $16.17B$16.56B$10.38B$10.55B$9.64B$9.23B$8.55B$8.68B$7.92B$6.83B$6.44B$6.47B
Accounts Payable $155M$130M$104M$85M$106M$89M$79M$76M$74M$57M$57M$52M
Short-term Debt $0$19M$19M$10M$9M$7M$5M·····
Current Liabilities $6.84B$6.96B$5.31B$5.81B$5.27B$4.94B$4.43B$4.84B$5.30B$4.73B$4.37B$4.57B
Capital Leases $52M$56M$49M$57M$75M$92M$97M$13M····
Deferred Tax $543M$445M$86M$112M$166M$218M$241M$223M$154M$34M$22M$2M
Other Non-current Liabilities $307M$312M$237M$197M$185M$208M$174M$152M$89M$74M$68M$62M
Total Liabilities $12.44B$12.44B$6.58B$7.05B$6.55B$6.28B$5.77B$6.06B$5.56B$4.88B$4.53B$4.68B
Long-term Debt $4.56B$4.95B$799M$798M$798M$797M$797M$796M····
Total Debt $4.56B$4.97B$817M$808M$806M$805M$802M$796M····
Common Stock $4M$4M$4M$4M$4M$4M$4M$4M$4M$4M$4M$4M
Retained Earnings $1.81B$2.28B$2.21B$2.02B$1.67B$1.45B$1.43B$1.41B$1.26B$902M$926M$894M
AOCI $-50M$-54M$-145M$-160M$-134M$52M$56M$100.0K$-36M$20M$29M$8M
Stockholders' Equity $3.74B$4.13B$3.80B$3.49B$3.09B$2.95B$2.78B$2.62B$2.36B$2.23B$1.91B$1.79B
Liabilities + Equity $16.17B$16.56B$10.38B$10.55B$9.64B$9.23B$8.55B$8.68B$7.92B$6.83B$6.44B$6.47B
Shares Outstanding 355,600,000360,500,000360,100,000360,500,000359,900,000359,800,000358,800,000359,300,000359,000,000359,400,000360,400,000361,200,000
Cash Flow 18
Metric Trend 202620252024202320222021202020192018201720162015
D&A $443M$210M$176M$177M$192M$192M$210M$182M$138M$127M$115M$107M
Stock-based Comp $96M$112M$61M$63M$53M$52M$47M$46M$45M$35M$35M$31M
Deferred Tax $104M$-16M$-30M$-44M$2M$-21M$-4M$5M$-37M$23M$7M$-4M
Amort. of Intangibles $300M$91M$49M$48M$58M$69M$82M$56M$21M$18M$16M$14M
Other Non-cash $154M$-62M$-500.0K········$86M
Operating Cash Flow $2.56B$1.90B$1.90B$1.71B$1.59B$1.26B$1.44B$1.27B$1.28B$960M$1.02B$895M
CapEx $235M$192M$161M$143M$134M$118M$127M$124M$154M$94M$98M$103M
Investing Cash Flow $-1.15B$-3.36B$-261M$212M$-1.51B$-461M$772M$-1.63B$998M$-662M$-63M·
Debt Issued ·······$796M····
Net Debt Issued $-400M······$796M····
Stock Repurchased $611M$104M$169M$0$145M$156M$172M$57M$143M$166M$108M$182M
Net Stock Activity $-611M$-104M$-169M·$-145M$-156M$-172M$-57M$-143M$-166M$-108M$-182M
Dividends Paid $1.59B$1.45B$1.32B$1.18B$1000M$909M$889M$827M$740M$662M$606M$552M
Financing Cash Flow $-2.65B$2.29B$-1.87B$-711M$-979M$-636M$-1.49B$-1.01B$-424M$-483M$-994M·
Net Change in Cash $-1.25B$837M$-238M$1.21B$-895M$163M$725M$-1.37B$1.85B$-184M$-38M$18M
Taxes Paid $310M$512M$540M·········
Free Cash Flow $2.32B$1.71B$1.74B$1.56B$1.37B$1.15B$1.31B$1.15B$1.12B$866M$920M$792M
Levered FCF ··$1.71B$1.53B$1.34B$1.12B$1.28B$1.13B$1.12B$864M$920M·
Profitability 7
Metric Trend 202620252024202320222021202020192018201720162015
Operating Margin 38.6%39.6%41.2%40.6%39.9%36.0%36.1%36.4%38.1%39.3%38.8%38.5%
Net Margin 27.0%29.7%32.0%········24.6%
Pretax Margin 35.5%39.1%42.0%40.9%39.6%35.4%35.6%36.3%38.3%39.5%39.0%38.7%
EBITDA Margin 45.4%43.4%44.5%44.1%44.1%40.7%41.3%41.2%42.2%43.4%42.7%42.4%
ROA 10.8%12.3%16.2%········10.5%
ROE 46.2%40.2%44.8%········37.9%
ROIC 23.1%18.5%35.9%35.9%36.1%29.8%31.1%30.3%45.8%41.6%39.4%37.6%
Liquidity & Solvency 5
Metric Trend 202620252024202320222021202020192018201720162015
Current Ratio 1.31.31.41.31.21.21.21.21.11.11.11.1
Quick Ratio 0.20.20.30.30.20.20.20.10.10.10.10.2
Debt / Equity 1.21.20.20.20.30.30.30.3····
LT Debt / Equity 1.21.10.20.20.30.30.30.3····
Interest Coverage ··58.355.450.340.837.677.9330.1495.81042.4·
Efficiency 2
Metric Trend 202620252024202320222021202020192018201720162015
Asset Turnover 0.40.40.50.50.50.50.50.50.50.50.50.4
Receivables Turnover ···········16.8
Per Share 7
Metric Trend 202620252024202320222021202020192018201720162015
Book Value / Share $10.50$11.45$10.56$9.69$8.57$8.19$7.75$7.29$5.64$5.44$5.30$4.94
Revenue / Share $18.09$15.39$14.58$13.82$12.70$11.20$11.19$10.43$9.35$8.69$8.14$7.51
Cash Flow / Share $7.10$5.25$5.24$4.69$4.15$3.48$3.99$3.51$3.53$2.65$2.81$2.46
Cash / Share $3.06$4.52$4.08$3.39$1.03$2.77$2.52$1.87$1.00$0.51$0.36$0.47
Dividend / Share $4.43$4.02$3.65$3.26$2.77$2.52$2.48$2.30$2.06$1.84··
Dividend Paid / Share ······$2.48$2.30$2.06$1.84$1.68$1.52
EPS (TTM) $4.89$4.58$4.67$4.30$3.84$3.03$3.04$2.86$2.75$2.28$2.09$1.85
Growth Rates 9
Metric Trend 202620252024202320222021202020192018201720162015
Revenue YoY 16.9%5.6%5.4%8.6%13.7%0.40%······
Revenue CAGR 3Y 9.2%6.5%9.2%7.4%········
Revenue CAGR 5Y 9.9%6.6%··········
EPS YoY 6.8%-1.9%8.6%12.0%26.7%-0.33%······
EPS CAGR 3Y 4.4%6.0%15.5%12.2%········
EPS CAGR 5Y 10.1%8.5%··········
Net Income YoY 6.2%-2.0%8.6%11.8%········
Net Income CAGR 3Y 4.2%6.0%··········
Dividends Paid CAGR 5Y 11.8%10.2%··········
Valuation (TTM) 17
Metric Trend 202620252024202320222021202020192018201720162015
Revenue TTM $6.51B$5.57B$5.28B$5.01B$4.61B$4.06B$4.04B$3.77B$3.38B$3.15B$2.95B$2.74B
Net Income TTM $1.76B$1.66B$1.69B$1.56B$1.39B$740M$740M$740M$740M$740M$740M$675M
Market Cap $34.49B$56.93B$43.27B$37.83B$44.57B$36.39B$25.93B$30.82B$23.54B$21.29B$19.54B$17.85B
Enterprise Value $37.92B$60.23B$42.58B$37.04B$44.15B$36.16B$25.80B$30.91B····
P/E 19.834.525.724.432.233.423.830.023.826.025.926.7
P/S 5.310.28.27.69.79.06.48.27.06.86.66.5
P/B 9.213.811.410.814.412.39.311.811.610.910.210.0
P / Tangible Book ··25.125.743.342.739.3·····
P / Cash Flow 13.529.922.822.329.628.918.024.218.422.219.219.9
P / FCF 14.933.324.924.332.531.819.726.921.024.621.222.5
EV / EBITDA 12.824.918.116.821.721.915.419.9····
EV / FCF 16.335.224.523.832.231.619.626.9····
EV / Revenue 5.810.88.17.49.68.96.48.2····
Dividend Yield 4.6%2.5%3.0%3.1%2.2%2.5%3.4%2.7%3.1%3.1%3.1%3.1%
Earnings Yield 5.0%2.9%3.9%4.1%3.1%3.0%4.2%3.3%4.2%3.9%3.9%3.7%
Payout Ratio 90.3%87.4%77.8%········81.8%
Annual Payout $1.59B$1.45B$1.32B$1.18B$1000M$909M$889M$827M$740M$662M$606M$552M

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2026-05-312025-05-312024-05-312023-05-312022-05-31
Revenue $6.51B $5.57B $5.28B $5.01B $4.61B
Operating Margin % 38.6% 39.6% 41.2% 40.6% 39.9%
Net Income $1.76B $1.66B $1.69B $1.56B $1.39B
Diluted EPS $4.89 $4.58 $4.67 $4.30 $3.84

Institutional owners (13F) 1,674 filers · $34.2B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 1,674
Value held $34.2B
New positions 156
Exited positions 115
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
156 (-24 vs prior Q) 115 (-92 vs prior Q) 642 (+23 vs prior Q) 548 (+13 vs prior Q) +6.1M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $4,750,668,752 42,348,625 13.89% Shares
Capital International Investors $2,836,681,522 28,840,445 8.29% Shares
BlackRock, Inc. $2,728,969,954 27,753,178 7.98% Shares
VANGUARD CAPITAL MANAGEMENT LLC $2,068,931,047 21,040,690 6.05% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $1,502,257,716 15,277,715 4.39% Shares
STATE STREET CORP $1,417,067,161 14,411,341 4.14% Shares
Invesco Ltd. $1,282,287,572 13,040,655 3.75% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $1,022,846,065 10,402,177 2.99% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,014,825,906 10,250,030 2.97% Shares
MORGAN STANLEY $643,159,327 6,540,823 1.88% Shares
FEDERATED HERMES, INC. $578,354,247 5,881,768 1.69% Shares
GOLDMAN SACHS GROUP INC $454,232,592 4,619,471 1.33% Shares
BANK OF AMERICA CORP /DE/ $434,060,713 4,414,326 1.27% Shares
NORTHERN TRUST CORP $393,955,409 4,006,462 1.15% Shares
WELLS FARGO & COMPANY/MN $378,790,115 3,852,234 1.11% Shares
FIRST TRUST ADVISORS LP $330,987,746 3,366,093 0.97% Shares
UBS Group AG $324,842,202 3,303,592 0.95% Shares
JPMORGAN CHASE & CO $283,353,538 2,838,927 0.83% Shares
ENVESTNET ASSET MANAGEMENT INC $271,784,545 2,764,004 0.79% Shares
VICTORY CAPITAL MANAGEMENT INC $269,543,671 2,741,215 0.79% Shares
DIMENSIONAL FUND ADVISORS LP $266,164,443 2,706,479 0.78% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $248,668,083 2,699,393 0.73% Shares
MILLENNIUM MANAGEMENT LLC $229,071,928 2,329,624 0.67% Shares
Select Equity Group, L.P. $228,146,741 2,320,215 0.67% Shares
NORGES BANK $209,566,107 2,131,253 0.61% Shares
Legal & General Group Plc $207,184,357 2,107,031 0.61% Shares
STIFEL FINANCIAL CORP $201,137,081 2,045,500 0.59% Shares
AQR CAPITAL MANAGEMENT LLC $200,631,453 2,040,389 0.59% Shares
Bank of New York Mellon Corp $193,554,883 1,968,422 0.57% Shares
Guinness Asset Management LTD $181,961,250 1,856,567 0.53% Shares
VANGUARD FIDUCIARY TRUST CO $178,031,775 1,810,554 0.52% Shares
RAYMOND JAMES FINANCIAL INC $173,934,097 1,768,882 0.51% Shares
FMR LLC $162,824,443 1,655,897 0.48% Shares
Amundi $153,588,314 1,561,968 0.45% Shares
DEUTSCHE BANK AG\ $150,710,783 1,532,704 0.44% Shares
LPL Financial LLC $147,835,782 1,503,466 0.43% Shares
Hamlin Capital Management, LLC $140,456,469 1,425,954 0.41% Shares
LONDON CO OF VIRGINIA $130,427,607 1,326,406 0.38% Shares
ROYAL BANK OF CANADA $117,918,000 1,199,204 0.34% Shares
PNC Financial Services Group, Inc. $103,641,075 1,054,013 0.30% Shares
Nuveen, LLC $99,578,277 1,012,695 0.29% Shares
MARSHALL WACE, LLP $95,466,434 970,878 0.28% Shares
CONFLUENCE INVESTMENT MANAGEMENT LLC $89,888,294 912,572 0.26% Shares
Swiss National Bank $89,431,135 909,500 0.26% Shares
Swiss Life Asset Management Ltd $87,365,713 888,495 0.26% Shares
Sumitomo Mitsui Trust Group, Inc. $80,514,767 818,822 0.24% Shares
HSBC HOLDINGS PLC $80,083,059 814,857 0.23% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $79,682,461 810,344 0.23% Shares
BNP PARIBAS ASSET MANAGEMENT Holding S.A. $78,842,666 801,817 0.23% Shares
Baird Financial Group, Inc. $76,208,749 775,030 0.22% Shares

Show all 1,674 institutional owners →

Company insiders 54 insiders · 33 officers · 18 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
John B Gibson President and CEO Oct. 19, 2026 F 80,957 0 0 $0
Robert L. Schrader Sr. VP, CFO Oct. 15, 2026 F 18,431 0 1 $-299,234
Efrain Rivera Sr. Vice President, CFO July 15, 2023 A 86,136 0 0 $0
Christopher C Simmons VP, Controller & Treasurer Oct. 15, 2026 F 3,252 0 1 $-303,131
Adam Brooks Ante Sr. Vice President, Paycor Oct. 1, 2026 F 54,213 0 0 $0
Ryan Norman Bergstrom Chief Product Officer Oct. 1, 2026 F 43,295 0 0 $0
Chad C Parodi SVP, HCM, PEO & Insurance July 15, 2026 A 8,763 0 0 $0
Prabha Bhandari Chief Legal Officer, Secretary July 15, 2026 F 1,664 0 0 $0
Mason Argiropoulos VP, Chief HR Officer July 15, 2026 A 5,219 0 0 $0
Elizabeth Roaldsen Sr. Vice President July 15, 2026 F 6,952 0 1 $-41,310
Jason Richard Rose SVP, Digital Sales & Marketing July 15, 2025 A 2,756 0 0 $0
Beaumont Vance Sr VP Data, Analytics, and AI July 15, 2025 A 4,421 0 0 $0
Michael E Gioja Sr. Vice President April 3, 2025 M 14,035 0 0 $0
Mark Anthony Bottini Sr. VP of Sales Oct. 16, 2024 M 79,360 0 0 $0
Karen E. Saunders-Mcclendon VP, Chief Human Resources Offi July 15, 2023 A 7,895 0 0 $0
Stephanie L Schaeffer CLO, Secretary July 15, 2023 A 71,071 0 0 $0
Laurie L. Zaucha Vice President July 15, 2020 A 53,717 0 0 $0
Jennifer R. Vossler VP/Controller July 6, 2019 S 19,441 0 0 $0
Kevin N Hill Vice President Oct. 21, 2013 M 27,433 0 0 $0
John M Morphy PFO July 13, 2011 J 76,968 0 0 $0
Delbert M Humenik Sr. Vice President Sept. 28, 2010 S 12,181 0 0 $0
William G Kuchta Vice President July 7, 2010 A 32,886 0 0 $0
Melinda A Janik VP/Controller July 10, 2008 A 8,916 0 0 $0
Clifford Gibson VP, Western U.S. Sales April 13, 2006 M 5,100 0 0 $0
Martin Stowe V.P., Human Resource Services April 7, 2006 M 667 0 0 $0
Daniel A Canzano Vice President March 31, 2006 M 0 0 0 $0
Brad R Flipse VP, Major Market Services Sale Feb. 3, 2006 M 0 0 0 $0
Elizabeth Suzanne Vickery VP, Central US Sales Oct. 3, 2005 M 0 0 0 $0
Michael A Mccarthy VP, Eastern US Sales Oct. 3, 2005 M 0 0 0 $0
Steven R Beauchamp Vice President, Product Manage July 7, 2005 A · 0 0 $0
Lynn J Miley V.P. Eastern Operations July 7, 2005 A · 0 0 $0
Leonard E Redon Vice President July 7, 2005 A · 0 0 $0
Diane Rambo Vice President July 7, 2005 A 0 0 0 $0
Theresa M. Payton Director Oct. 15, 2026 A 3,770 0 0 $0
Kevin A Price Director Oct. 15, 2026 A 4,921 0 0 $0
Michael J. Hansen Director Oct. 15, 2026 A 1,594 0 0 $0
Tom Bonadio Director Oct. 15, 2026 A 22,474 1 0 $98,500
Martin Mucci Director Oct. 15, 2026 A 436,028 0 1 $-2,748,250
Joseph M Velli Director Oct. 15, 2026 A 82,695 0 1 $-844,104
Joseph M Tucci Director Oct. 15, 2026 A 68,334 0 1 $-383,863
Joseph Doody Director Oct. 15, 2026 A 970 1 0 $98,760
JOSEPH PAMELA A Director Oct. 15, 2026 A 12,740 0 0 $0
Kara Wilson Director Oct. 15, 2025 A 8,254 0 0 $0
David J S Flaschen Director Aug. 5, 2024 M 5,383 0 0 $0
Grant M Inman Director July 26, 2018 M 46,800 0 0 $0
Phillip Horsley Director Sept. 7, 2017 G 1,139 0 0 $0
Jonathan Judge Director Aug. 2, 2010 S 139,743 0 0 $0
Robert J Sebo Director July 13, 2006 A 220,101 0 0 $0
Thomas G Clark Director Nov. 22, 2005 G 147,356 0 0 $0
Betsy S Atkins Director July 8, 2004 M · 0 0 $0
GOLISANO B THOMAS 10% owner Sept. 28, 2026 G 35,091,288 0 0 $0
Walter Turek · July 1, 2009 P 153,792 0 0 $0
Anthony Tortorella · July 7, 2005 A · 0 0 $0
Kathleen A Browne · July 8, 2004 M · 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 153 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
FDV · Federated Hermes ETF Trust 4.42% 333,353 NS July 31, 2026 N-PORT
PAYR · Federated Hermes ETF Trust 4.08% 19,961 NS July 31, 2026 N-PORT
DIVB · iShares Trust 2.52% 444,539 SH Sept. 11, 2026 Daily
CCOR · Listed Funds Trust 2.25% 5,375 NS July 31, 2026 N-PORT
SPHD · Invesco Exchange-Traded Fund Trust … 2.22% 635,519 SH Oct. 23, 2026 Daily
SMRI · EA Series Trust 2.17% 119,509 NS July 31, 2026 N-PORT
BMVP · Invesco Exchange-Traded Fund Trust 2.07% 18,352 SH Oct. 23, 2026 Daily
FGSI · First Trust Exchange-Traded Fund IV 1.99% 353 NS July 31, 2026 N-PORT
SPDV · ETF Series Solutions 1.95% 21,962 NS July 31, 2026 N-PORT
PEY · Invesco Exchange-Traded Fund Trust 1.49% 142,093 SH Oct. 23, 2026 Daily
QQQG · Pacer Funds Trust 1.43% 2,502 NS July 31, 2026 N-PORT
NUMV · Nushares ETF Trust 1.28% 48,492 NS July 31, 2026 N-PORT
DIVD · EA Series Trust 1.25% 2,289 NS July 31, 2026 N-PORT
RSPN · Invesco Exchange-Traded Fund Trust 1.24% 76,325 SH Oct. 23, 2026 Daily
QQQE · Direxion Shares ETF Trust 1.23% 140,158 NS July 31, 2026 N-PORT
DVGR · EA Series Trust 1.17% 1,755 NS July 31, 2026 N-PORT
ESLG · Strategy Shares 1.11% 2,210 NS July 31, 2026 N-PORT
QIDX · Spinnaker ETF Series 1.10% 3,646 NS July 31, 2026 N-PORT
CVGD · Elevation Series Trust 1.09% 12,919 NS July 31, 2026 N-PORT
DDDD · Tidal Trust II 0.95% 536 NS July 31, 2026 N-PORT
HDV · iShares Trust 0.80% 1,058,466 SH Sept. 11, 2026 Daily
QNXT · iShares Trust 0.79% 1,874 SH Sept. 11, 2026 Daily
ESUM · Strategy Shares 0.72% 11,169 NS July 31, 2026 N-PORT
COWZ · Pacer Funds Trust 0.70% 1,126,047 NS July 31, 2026 N-PORT
FLAG · Global X Funds 0.70% 101 NS July 31, 2026 N-PORT
VOT · VANGUARD INDEX FUNDS 0.69% 2,470,511 SH Aug. 19, 2026 Daily
COWG · Pacer Funds Trust 0.65% 122,846 NS July 31, 2026 N-PORT
FDRR · FIDELITY COVINGTON TRUST 0.64% 40,319 NS July 31, 2026 N-PORT
ESLV · Strategy Shares 0.60% 728 NS July 31, 2026 N-PORT
FIDU · FIDELITY COVINGTON TRUST 0.54% 105,645 NS July 31, 2026 N-PORT
IMCV · iShares Trust 0.52% 52,687 SH Sept. 11, 2026 Daily
FDLO · FIDELITY COVINGTON TRUST 0.50% 61,451 NS July 31, 2026 N-PORT
DUSL · Direxion Shares ETF Trust 0.49% 2,382 NS July 31, 2026 N-PORT
FQAL · FIDELITY COVINGTON TRUST 0.48% 57,979 NS July 31, 2026 N-PORT
IYJ · iShares Trust 0.46% 76,408 SH Sept. 11, 2026 Daily
DUHP · Dimensional ETF Trust 0.45% 471,822 NS July 31, 2026 N-PORT
LCOW · Pacer Funds Trust 0.43% 960 NS July 31, 2026 N-PORT
VIS · VANGUARD WORLD FUND 0.42% 391,422 SH Aug. 19, 2026 Daily
CLSE · Trust for Professional Managers 0.41% 29,276 NS Aug. 31, 2026 N-PORT
BSCU · Invesco Exchange-Traded Self-Indexe… 0.40% 11,352,000 Oct. 23, 2026 Daily
EXI · iShares Trust 0.38% 46,485 SH Sept. 11, 2026 Daily
IWS · iShares Trust 0.36% 481,270 SH Sept. 11, 2026 Daily
VO · VANGUARD INDEX FUNDS 0.31% 6,988,060 SH Aug. 19, 2026 Daily
QUAL · iShares Trust 0.29% 1,181,263 SH Sept. 11, 2026 Daily
IWR · iShares Trust 0.27% 1,319,246 SH Sept. 11, 2026 Daily
FXR · First Trust Exchange-Traded AlphaDE… 0.27% 16,904 NS July 31, 2026 N-PORT
IMCB · iShares Trust 0.26% 37,902 SH Sept. 11, 2026 Daily
SIZE · iShares Trust 0.23% 8,606 SH Sept. 11, 2026 Daily
FDVV · FIDELITY COVINGTON TRUST 0.23% 198,867 NS July 31, 2026 N-PORT
FTC · First Trust Exchange-Traded AlphaDE… 0.23% 25,452 NS July 31, 2026 N-PORT
XOEF · iShares Trust 0.21% 404 SH Sept. 11, 2026 Daily
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.21% 144,259 NS July 31, 2026 N-PORT
RSP · Invesco Exchange-Traded Fund Trust 0.20% 1,711,008 SH Oct. 23, 2026 Daily
IETC · iShares U.S. ETF Trust 0.20% 12,029 SH Sept. 11, 2026 Daily
QYLG · Global X Funds 0.20% 2,669 NS July 31, 2026 N-PORT
PTNQ · Pacer Funds Trust 0.19% 19,837 NS July 31, 2026 N-PORT
EUSA · iShares, Inc. 0.19% 31,854 SH Sept. 11, 2026 Daily
QRMI · Global X Funds 0.19% 234 NS July 31, 2026 N-PORT
QCLR · Global X Funds 0.19% 54 NS July 31, 2026 N-PORT
QYLD · Global X Funds 0.19% 131,924 NS July 31, 2026 N-PORT
QQWZ · Pacer Funds Trust 0.19% 828 NS July 31, 2026 N-PORT
QTR · Global X Funds 0.19% 123 NS July 31, 2026 N-PORT
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.19% 7,391 NS July 31, 2026 N-PORT
QQQ · Invesco QQQ Trust, Series 1 0.19% 7,427,741 SH Oct. 23, 2026 Daily
QQQM · Invesco Exchange-Traded Fund Trust … 0.19% 1,669,463 SH Oct. 23, 2026 Daily
PFIG · Invesco Exchange-Traded Fund Trust … 0.18% 240,000 Oct. 23, 2026 Daily
QSIX · Pacer Funds Trust 0.18% 277 NS July 31, 2026 N-PORT
PABU · iShares Trust 0.17% 36,695 SH Sept. 11, 2026 Daily
PFM · Invesco Exchange-Traded Fund Trust 0.15% 10,163 SH Oct. 23, 2026 Daily
USXF · iShares Trust 0.15% 19,013 SH Sept. 11, 2026 Daily
DFVX · Dimensional ETF Trust 0.15% 6,652 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.14% 26,439 NS July 31, 2026 N-PORT
PWS · Pacer Funds Trust 0.14% 279 NS July 31, 2026 N-PORT
EVUS · iShares Trust 0.13% 4,407 SH Sept. 11, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.13% 1,284,499 SH Aug. 19, 2026 Daily
LRGF · iShares Trust 0.13% 41,504 SH Sept. 11, 2026 Daily
SPXD · DBX ETF Trust 0.13% 72 NS Aug. 31, 2026 N-PORT
AQLT · iShares Trust 0.13% 3,579 SH Sept. 11, 2026 Daily
IVE · iShares Trust 0.12% 535,033 SH Sept. 11, 2026 Daily
VEGN · ETF Series Solutions 0.12% 1,892 NS July 31, 2026 N-PORT
USSG · DBX ETF Trust 0.12% 5,595 NS Aug. 31, 2026 N-PORT
VTV · VANGUARD INDEX FUNDS 0.12% 3,066,702 SH Aug. 19, 2026 Daily
DXUV · Dimensional ETF Trust 0.12% 5,626 NS July 31, 2026 N-PORT
IUSV · iShares Trust 0.12% 282,260 SH Sept. 11, 2026 Daily
CRBN · iShares Trust 0.11% 11,625 SH Sept. 11, 2026 Daily
IQSU · New York Life Investments ETF Trust 0.11% 3,168 NS July 31, 2026 N-PORT
FAD · First Trust Exchange-Traded AlphaDE… 0.11% 5,532 NS July 31, 2026 N-PORT
VOOV · VANGUARD ADMIRAL FUNDS 0.11% 74,143 SH Aug. 19, 2026 Daily
ILCV · iShares Trust 0.11% 12,616 SH Sept. 11, 2026 Daily
SUSL · iShares Trust 0.11% 11,326 SH Sept. 11, 2026 Daily
DSI · iShares Trust 0.10% 48,915 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.10% 714,375 SH Sept. 11, 2026 Daily
VONV · VANGUARD SCOTTSDALE FUNDS 0.09% 194,368 SH Aug. 19, 2026 Daily
QLC · FlexShares Trust 0.09% 7,616 NS July 31, 2026 N-PORT
ACVF · ETF Opportunities Trust 0.09% 1,134 NS July 31, 2026 N-PORT
EGLE · Global X Funds 0.09% 16 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.08% 330,185 NS July 31, 2026 N-PORT
IUS · Invesco Exchange-Traded Self-Indexe… 0.08% 6,405 SH Oct. 23, 2026 Daily
CATH · Global X Funds 0.07% 8,328 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.07% 19,898 NS July 31, 2026 N-PORT
USCL · iShares Trust 0.07% 16,937 SH Sept. 11, 2026 Daily
TOPC · iShares Trust 0.07% 194 SH Sept. 11, 2026 Daily
CHRI · Global X Funds 0.07% 45 NS July 31, 2026 N-PORT
XVV · iShares Trust 0.06% 3,737 SH Sept. 11, 2026 Daily
QVML · Invesco Exchange-Traded Fund Trust … 0.06% 9,055 SH Oct. 23, 2026 Daily
QARP · DBX ETF Trust 0.06% 383 NS Aug. 31, 2026 N-PORT
XYLG · Global X Funds 0.06% 333 NS July 31, 2026 N-PORT
VOXP · Advisors Series Trust 0.06% 30 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.06% 16,701 NS July 31, 2026 N-PORT
TOV · EA Series Trust 0.06% 1,263 NS July 31, 2026 N-PORT
PRF · Invesco Exchange-Traded Fund Trust 0.06% 51,109 SH Oct. 23, 2026 Daily
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.06% 44,661 NS July 31, 2026 N-PORT
PTLC · Pacer Funds Trust 0.06% 16,358 NS July 31, 2026 N-PORT
BKLC · BNY Mellon ETF Trust 0.06% 27,320 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.06% 5,476 NS July 31, 2026 N-PORT
PBP · Invesco Exchange-Traded Fund Trust 0.06% 1,920 SH Oct. 23, 2026 Daily
PBUS · Invesco Exchange-Traded Fund Trust … 0.06% 51,414 SH Oct. 23, 2026 Daily
IVV · iShares Trust 0.06% 4,064,727 SH Sept. 11, 2026 Daily
XRMI · Global X Funds 0.06% 241 NS July 31, 2026 N-PORT
ILCB · iShares Trust 0.06% 6,261 SH Sept. 11, 2026 Daily
XTR · Global X Funds 0.06% 23 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.06% 17 NS July 31, 2026 N-PORT
SPUU · Direxion Shares ETF Trust 0.05% 1,217 NS July 31, 2026 N-PORT
IYY · iShares Trust 0.05% 13,904 SH Sept. 11, 2026 Daily
QDPL · Pacer Funds Trust 0.05% 7,765 NS July 31, 2026 N-PORT
IWB · iShares Trust 0.05% 222,188 SH Sept. 11, 2026 Daily
DFAU · Dimensional ETF Trust 0.05% 55,093 NS July 31, 2026 N-PORT
DEUS · DBX ETF Trust 0.05% 1,218 NS Aug. 31, 2026 N-PORT
ITOT · iShares Trust 0.05% 420,864 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.05% 88,293 SH Sept. 11, 2026 Daily
VOO · VANGUARD INDEX FUNDS 0.05% 8,375,813 SH Aug. 19, 2026 Daily
VV · VANGUARD INDEX FUNDS 0.05% 376,552 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.05% 53,184 SH Aug. 19, 2026 Daily
ESGV · VANGUARD WORLD FUND 0.05% 72,780 SH Aug. 19, 2026 Daily
PHDG · Invesco Actively Managed Exchange-T… 0.05% 252 SH Oct. 23, 2026 Daily
KOKU · DBX ETF Trust 0.05% 3,005 NS Aug. 31, 2026 N-PORT
HCMT · Direxion Shares ETF Trust 0.05% 2,244 NS July 31, 2026 N-PORT
FEUS · FlexShares Trust 0.05% 440 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.04% 3,040 SH Oct. 23, 2026 Daily
TILT · FlexShares Trust 0.04% 8,260 NS July 31, 2026 N-PORT
SPXL · Direxion Shares ETF Trust 0.04% 25,209 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.04% 890 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.04% 73,901 NS July 31, 2026 N-PORT
URTH · iShares, Inc. 0.04% 28,421 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.04% 10,238,677 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.04% 27,075 SH Aug. 19, 2026 Daily
ACWI · iShares Trust 0.04% 104,286 SH Sept. 11, 2026 Daily
APUE · Trust for Professional Managers 0.04% 7,052 NS Aug. 31, 2026 N-PORT
OMFL · Invesco Exchange-Traded Self-Indexe… 0.03% 13,642 SH Oct. 23, 2026 Daily
RWL · Invesco Exchange-Traded Fund Trust … 0.03% 28,664 SH Oct. 23, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.03% 277,022 SH Aug. 19, 2026 Daily
GLOF · iShares Trust 0.03% 487 SH Sept. 11, 2026 Daily
JFLI · J.P. Morgan Exchange-Traded Fund Tr… 0.01% 49 NS July 31, 2026 N-PORT

PAYX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 26 analysts HOLD
Median target $111.00 +0.0%
4 15.4% Strong Buy
4 15.4% Buy
16 61.5% Hold
2 7.7% Sell
0 0.0% Strong Sell

12-Month Price Target

14 analysts · 2026-10-23

Mean target $113.93 +2.6%

Now Current price $110.99
Low$96.00 Mean$113.93 High$150.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
PAYX $34.49B 19.8 16.9% 27.0% 46.2% ·
ADP $89.09B 20.5 6.7% 20.1% 71.0% ·
PAYC $8.73B 19.7 8.9% 22.1% 26.3% 83.2%
PCTY $5.57B 21.2 11.0% 15.2% 23.3% 69.2%
RHI $2.75B 20.4 -7.2% 2.5% 10.3% 37.2%
KFY $3.34B 12.7 6.4% 9.4% 14.4% ·
FA $2.53B -72.7 83.0% -2.2% -2.7% ·
TNET $2.80B 18.5 -0.85% 3.1% 192.6% ·
MAN · -102.5 0.58% -0.07% -0.64% 16.7%
NSP $1.46B -203.8 3.5% -0.10% -8.9% 13.2%

Latest News Recent headlines mentioning this company

23
PAYX Crosses Above Average Analyst Target Nasdaq · Here is How Paychex (PAYX) Performed in the Fourth Quarter of FY26 Yahoo Finance · Paychex Inc. Q4 Income Climbs Nasdaq · Paychex Reaches Analyst Target Price Nasdaq · Is Paychex, Inc. (PAYX) A Good Stock To Buy Now? Yahoo Finance · Here is Why Paychex (PAYX) is One of the Best QQQ Stocks to Buy Now Yahoo Finance ·

Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25
BLUECHIP_DIP Open Oct 12, 2026
risk 1 reward 1.67
entry $104.03 R:R 1.67
BOUNCE_UP Stopped out Sep 16, 2025
risk 1 reward 1.50
entry $130.49 R:R 1.50

Live signal — the only filled card on screen.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

Pick the metrics that matter to you — click the + next to any row in Full Fundamentals above.

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Source: SEC 10-Q filed Sep 24, 2026