Market Cap
$35.1B
PAYX
PAYCHEX INC
$99.46 ▼ -1.36%
Prev close $100.84Market cap$35.1B
ConsensusStrong Sell
12-mo target$113.93 (+14.5%)
▼ Bearish
Analyst conviction 1/10
Insider Selling Cluster (2 insiders)31 New Institutional Positions19 Institutional ExitsCongressional Activity (1) Services
Snapshot
The big-picture read on PAYX right now — valuation, ownership and activity at a glance.
Cap Size
Large Cap
Analyst Consensus
Sell (8%)
Inst. Holders
50 funds
Inst. Value
$22.5B
Inst. Activity
31 buys / 19 sells
Insider Activity
$197.3K buy / $3.8M sell
Insider Net $
-$3.6M
Social Sentiment
71° Bullish
SEC Reports
5
Congressional
12 trades
Price chart 30d -19.8%
Daily candles (open–high–low–close) with volume. Green = up day, red = down day.
No data for this timeframe.
Vol
Recent activity
The latest filings, insider trades, analyst actions, press and options flow — newest first.
Oct 1, 2026 short_volume
Short Volume: PAYX — 55.1% short (0.9M / 1.6M)
Short: 871,865 | Exempt: 431 | TRF Vol: 1,583,109 | Short Ratio: 55.1% | Off-exchange volume (dark p
Sep 28, 2026 Insider
Sep 4, 2026 SEC GOLISANO B THOMAS gifted 562,635 shares
10%+ Owner @ $99.91 ($56.2M)
Paychex filed this DEFA14A as definitive additional proxy soliciting material for its 2026 Annual Meeting of Stockholder
DEFA14A — Impact 2/10
Sep 1, 2026 Insider
GOLISANO B THOMAS gifted 334 shares
10%+ Owner @ $127.04 ($42.4K)
Aug 25, 2026 Congress
April McClain Delaney sell
$100,001 - $250,000 — House
Aug 14, 2026 Insider
Jul 21, 2026 SEC Simmons Christopher C surrendered for taxes 130 shares
VP, Controller & Treasurer @ $122.02 ($15.9K)
Two Paychex insiders (a director and a VP) sold a combined $3.05M in open-market transactions over a one-week window. Th
CLUSTER — Impact 2/10
Two Paychex insiders (a director and a VP) sold a combined $3.05M in open-market sales over a one-week window. This repr
CLUSTER — Impact 2/10
Analyst ratings buy % +100.0%
How Wall Street rates the stock today, and the latest firm-by-firm actions.
8% rate it Buy or better · 24 analysts
Recent analyst actions
| Date | Firm | Action | Rating | Firm rating |
|---|---|---|---|---|
| Sep 28, 2026 | Baird | MAINTAIN | Neutral | 54% |
| Sep 28, 2026 | Cantor Fitzgerald | MAINTAIN | Underweight | 49% |
| Sep 24, 2026 | UBS | MAINTAIN | Neutral | 55% |
| Sep 24, 2026 | BMO Capital | MAINTAIN | Market Perform | 53% |
| Sep 24, 2026 | Stifel | MAINTAIN | Hold | 54% |
| Sep 24, 2026 | RBC Capital | REITERATE | Sector Perform | 55% |
| Sep 24, 2026 | JP Morgan | UPGRADE | Neutral | 55% |
| Sep 16, 2026 | Wolfe Research | UPGRADE | Peer Perform | 52% |
| Sep 11, 2026 | TD Cowen | MAINTAIN | Hold | 56% |
| Sep 9, 2026 | Stifel | MAINTAIN | Hold | 54% |
Monthly consensus history
| Period | Str. Buy | Buy | Hold | Sell | Str. Sell | Buy % | Distribution |
|---|---|---|---|---|---|---|---|
| Sep 1, 2026 | 2 | 0 | 15 | 4 | 3 | 8% | |
| Aug 1, 2026 | 2 | 0 | 15 | 4 | 3 | 8% | |
| Jul 1, 2026 | 2 | 0 | 15 | 4 | 3 | 8% | |
| Jun 1, 2026 | 1 | 0 | 17 | 4 | 3 | 4% | |
| May 1, 2026 | 1 | 0 | 17 | 4 | 3 | 4% | |
| Apr 1, 2026 | 1 | 0 | 17 | 4 | 3 | 4% | |
| Mar 1, 2026 | 1 | 0 | 16 | 3 | 3 | 4% | |
| Feb 1, 2026 | 1 | 0 | 16 | 3 | 3 | 4% |
Price targets
Where 14 covering analysts think PAYX trades over the next 12 months.
$113.93 +14.5% upside Buy
Current$99.47 Low$96.00 Median$111.00 High$150.00 14 analysts
$96.00$150.00
Analyst rating Hold· 3.0/5 as of Oct 2, 2026
Social media sentiment mood +0.0%
Retail-investor mood aggregated across social media. 0° = very bearish, 100° = very bullish.
71°
Bullish
BearishNeutralBullish
Recent posts
Reports & filings
AI-scored summaries of recent SEC filings and press releases, with sentiment and impact.
5 SEC filing reports analyzed · 1 bullish, 0 bearish, 1 mixed, 3 neutral · avg impact 3.6/10.
NEUTRALDEFA14A2/10
Paychex filed this DEFA14A as definitive additional proxy soliciting material for its 2026 Annual Me
Sep 4, 2026
NEUTRALCLUSTER2/10
Two Paychex insiders (a director and a VP) sold a combined $3.05M in open-market transactions over a
Jul 21, 2026
NEUTRALCLUSTER2/10
Two Paychex insiders (a director and a VP) sold a combined $3.05M in open-market sales over a one-we
Jul 17, 2026
BULLISHPRESS-RELEASE6/10
Paychex reported Q3 2026 EPS of $1.71, beating the consensus estimate of $1.31 by 30.6%. Revenue fig
Jun 10, 2026
Upcoming & catalyst events
Scheduled dates plus disclosed catalysts — earnings, dividends, enforcement, FDA and clinical-trial events. Colored dot = impact.
Oct 1, 2026
short_volume
Short Volume: PAYX — 55.1% short (0.9M / 1.6M)
Short: 871,865 | Exempt: 431 | TRF Vol: 1,583,109 | Short Ratio: 55.1% | Off-exchange volume (dark pool + OTC)
Sep 30, 2026
short_volume
Short Volume: PAYX — 62.1% short (0.6M / 1.0M)
Short: 603,464 | Exempt: 83 | TRF Vol: 971,095 | Short Ratio: 62.1% | Off-exchange volume (dark pool + OTC)
Sep 29, 2026
other
U.S. Small Business Employment Rate Remains Steady in September
Paychex data shows small businesses are largely maintaining staffing levels as the pace of employment remains steady as of September 2026.
Sep 29, 2026
short_volume
Short Volume: PAYX — 55.4% short (1.0M / 1.7M)
Short: 953,553 | Exempt: 2,835 | TRF Vol: 1,722,279 | Short Ratio: 55.4% | Off-exchange volume (dark pool + OTC)
Sep 28, 2026
other
Paychex Earns 5-Star Rating on Newsweek's America's Greatest Companies 2026 List
Paychex earned five stars from Newsweek and Plant-A Insights for financial strength, market performance, innovation, and environmental sustainability.
Earnings estimates
Forecast earnings per share and revenue by period — and whether estimates are rising.
| Period | EPS Est. | Range | Growth | 30d Rev | Up/Dn | Revenue | # |
|---|---|---|---|---|---|---|---|
| Current Q | $1.28 | $1.24–$1.31 | 1.3% | -6.1% | 0↑ 4↓ | $1.6B | 18 |
| Next Q | $1.87 | $1.85–$1.92 | 9.4% | +1.8% | 1↑ 1↓ | $1.9B | 18 |
| Current FY | $5.96 | $5.93–$6.00 | 8.2% | -0.3% | 0↑ 3↓ | $6.9B | 19 |
| Next FY | $6.39 | $6.00–$6.50 | 7.2% | +0.0% | 1↑ 1↓ | $7.2B | 19 |
Current-quarter EPS estimate — revision history
| When | EPS estimate | Change vs now |
|---|---|---|
| Current | $1.277 | — |
| 7d ago | $1.358 | -0.081 |
| 30d ago | $1.361 | -0.084 |
| 60d ago | $1.363 | -0.087 |
| 90d ago | $1.364 | -0.088 |
Institutional ownership
Which big funds own PAYX (from quarterly 13F filings) and who is adding or trimming.
50 institutional holders with $22.5B total value (229,120,386 shares) as of 2026-Q2. Top holders: Erste, Capital, BlackRock,. Net buying activity: 31 institutions added/increased vs 19 reduced.
Top holders — 2026-Q2
| Fund | Shares | Value | % Tracked | Last move |
|---|---|---|---|---|
| Erste Asset Management GmbH | 0 | $0.00 | 0.0% | — |
| Capital International Investors | 28,840,445 | $2.8B | 12.6% | — |
| BlackRock, Inc. | 27,753,178 | $2.7B | 12.1% | — |
| VANGUARD CAPITAL MANAGEMENT LLC | 21,040,690 | $2.1B | 9.2% | — |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 15,277,715 | $1.5B | 6.7% | — |
| STATE STREET CORP | 14,411,341 | $1.4B | 6.3% | — |
| Invesco Ltd. | 13,040,655 | $1.3B | 5.7% | — |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 10,402,177 | $1.0B | 4.5% | — |
| GEODE CAPITAL MANAGEMENT, LLC | 10,250,030 | $1.0B | 4.5% | — |
| MORGAN STANLEY | 6,540,823 | $643.2M | 2.9% | — |
Recent position changes
| Fund | Action | Prev | Current | Change | Value |
|---|---|---|---|---|---|
| FIRST TRUST ADVISORS LP | ADD | 2,344,056 | 3,366,093 | +43.6% | $331.0M |
| VICTORY CAPITAL MANAGEMENT INC | ADD | 1,399,866 | 2,741,215 | +95.8% | $269.5M |
| MILLENNIUM MANAGEMENT LLC | DOUBLED | 1,134,979 | 2,329,624 | +105.3% | $229.1M |
| Select Equity Group, L.P. | TRIM | 3,670,073 | 2,320,215 | -36.8% | $228.1M |
| NORGES BANK | NEW | — | 2,131,253 | — | $209.6M |
| FMR LLC | ADD | 1,059,823 | 1,655,897 | +56.2% | $162.8M |
| MARSHALL WACE, LLP | DOUBLED | 208,517 | 970,878 | +365.6% | $95.5M |
| BNP Paribas Asset Management Holding S.A. | ADD | 460,808 | 801,817 | +74.0% | $78.8M |
| Gotham Asset Management, LLC | DOUBLED | 275,746 | 757,118 | +174.6% | $74.4M |
| Quantinno Capital Management LP | ADD | 388,686 | 675,216 | +73.7% | $66.4M |
Insider activity
Buying and selling by company executives and directors (SEC Form 4).
15 insiders, 50 transactions. Net -$3.6M — $197.3K bought, $3.8M sold.
| Date | Insider | Title | Type | Shares | Price | Value |
|---|---|---|---|---|---|---|
| Sep 28, 2026 | GOLISANO B THOMAS | 10%+ Owner | GIFT | 562,635 | $99.91 | $56.2M |
| Sep 1, 2026 | GOLISANO B THOMAS | 10%+ Owner | GIFT | 334 | $127.04 | $42.4K |
| Aug 14, 2026 | Simmons Christopher C | VP, Controller & Treasurer | TAX W/H | 130 | $122.02 | $15.9K |
| Jul 20, 2026 | Schrader Robert L. | Sr. VP, CFO | SELL | 2,600 | $115.09 | $299.2K |
| Jul 20, 2026 | DOODY JOSEPH | Director | J | 164 | — | — |
| Jul 20, 2026 | DOODY JOSEPH | Director | J | 164 | — | — |
| Jul 17, 2026 | MUCCI MARTIN | Director | GIFT | 9,309 | $113.98 | $1.1M |
| Jul 17, 2026 | Simmons Christopher C | VP, Controller & Treasurer | SELL | 2,615 | $115.92 | $303.1K |
| Jul 15, 2026 | Gibson John B | President and CEO | AWARD | 14,318 | — | — |
| Jul 15, 2026 | Gibson John B | President and CEO | AWARD | 96,971 | $110.00 | $10.7M |
Congressional trades
PAYX trades disclosed by members of Congress, with disclosure delay.
7 members · 3 buys / 9 sells
| Date | Member | Party | Chamber | Type | Amount | Asset | Disclosed |
|---|---|---|---|---|---|---|---|
| Aug 25, 2026 | April McClain Delaney | D | HOUSE | SELL | $100,001 - $250,000 | Paychex Inc | Sep 10, 2026(17d) |
| Apr 21, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | May 7, 2026(17d) |
| Apr 16, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | May 7, 2026(22d) |
| Apr 13, 2026 | Ro Khanna | D | HOUSE | BUY | $1,001 - $15,000 | Paychex Inc | May 13, 2026(31d) |
| Apr 7, 2026 | Rick Larsen | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | Apr 16, 2026(10d) |
| Mar 4, 2026 | Michael McCaul | R | HOUSE | BUY | $100,001 - $250,000 | Paychex Inc | Apr 10, 2026(38d) |
| Feb 24, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | Mar 11, 2026(16d) |
| Feb 23, 2026 | April McClain Delaney | D | HOUSE | SELL | $1,001 - $15,000 | Paychex Inc | Mar 11, 2026(17d) |
| Feb 20, 2026 | Shelley Moore Capito | R | SENATE | SELL | $1,001 - $15,000 | Paychex Inc | Mar 4, 2026(13d) |
| Jan 14, 2026 | Richard Allen | R | HOUSE | SELL | $15,001 - $50,000 | Paychex Inc | Feb 18, 2026(36d) |
Short interest & halts
FINRA semi-monthly short positions, Reg SHO threshold status, and recent trading halts for PAYX.
Shares short
19,816,479
Settlement Sep 15, 2026
Change vs prior
-3.0%
Semi-monthly cycle
Days to cover
8.1
At avg daily volume
Of shares outstanding
≈5.6%
Estimate — not % of float
All PAYX filing & press-release reports (5)
- DEFA14A reportSep 4, 2026
- CLUSTER reportJul 21, 2026
- CLUSTER reportJul 17, 2026
- PRESS-RELEASE reportJun 10, 2026
- INST-CLUSTER reportFeb 28, 2026