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

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 9th.

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 %

Shares of PAYX stock opened at $143.02 on Friday. Paychex, Inc. has a 52-week low of $114.72 and a 52-week high of $158.37. 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 debt-to-equity ratio of 0.20, a quick ratio of 1.39 and a current ratio of 1.39. The firm has a fifty day moving average of $147.77 and a 200-day moving average of $142.63.

Paychex (NASDAQ:PAYX) last announced its quarterly earnings data on Thursday, December 19th. The business services provider reported $1.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.12 by $0.02. The company 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 business’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.08 EPS. On average, equities research analysts forecast that Paychex, Inc. will post 4.99 earnings per share for the current fiscal year.

Paychex Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on PAYX. Barclays increased their target price 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 increased their target price on shares of Paychex from $152.00 to $155.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 4th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and set a $148.00 target price on shares of Paychex in a research report on Friday, December 20th. Two research analysts have rated the stock with a sell rating and eleven have given a hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $133.23.

Institutional Investors Weigh In On Paychex

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PAYX. Raymond James Financial Inc. acquired a new stake in Paychex in the 4th quarter valued at about $184,216,000. Northern Trust Corp increased its position in Paychex by 16.9% in the 4th quarter. Northern Trust Corp now owns 4,807,554 shares of the business services provider’s stock valued at $674,115,000 after acquiring an additional 694,651 shares in the last quarter. Amundi increased its position in Paychex by 77.9% in the 4th quarter. Amundi now owns 1,534,145 shares of the business services provider’s stock valued at $215,164,000 after acquiring an additional 672,010 shares in the last quarter. Schroder Investment Management Group increased its position in Paychex by 86.5% in the 4th quarter. Schroder Investment Management Group now owns 1,355,713 shares of the business services provider’s stock valued at $189,746,000 after acquiring an additional 628,912 shares in the last quarter. Finally, Proficio Capital Partners LLC boosted its stake in shares of Paychex by 30,382.8% in the 4th quarter. Proficio Capital Partners LLC now owns 568,809 shares of the business services provider’s stock valued at $79,758,000 after purchasing an additional 566,943 shares during the last quarter. 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.