Equities Analysts Set Expectations for Paychex, Inc.’s Q2 2025 Earnings (NASDAQ:PAYX)

Paychex, Inc. (NASDAQ:PAYX) – Investment analysts at Zacks Research lowered their Q2 2025 EPS estimates for shares of Paychex in a research note issued on Tuesday, October 15th. Zacks Research analyst R. Department now expects that the business services provider will post earnings of $1.13 per share for the quarter, down from their prior forecast of $1.15. The consensus estimate for Paychex’s current full-year earnings is $4.98 per share. Zacks Research also issued estimates for Paychex’s Q3 2025 earnings at $1.48 EPS, FY2025 earnings at $4.96 EPS and Q4 2026 earnings at $1.27 EPS.

Several other research analysts also recently weighed in on PAYX. Jefferies Financial Group upped their target price on shares of Paychex from $120.00 to $130.00 and gave the stock a “hold” rating in a report on Wednesday, October 2nd. TD Cowen boosted their price target on shares of Paychex from $126.00 to $131.00 and gave the stock a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird decreased their price target on shares of Paychex from $126.00 to $124.00 and set a “neutral” rating on the stock in a research note on Thursday, June 27th. Barclays boosted their price target on shares of Paychex from $118.00 to $132.00 and gave the stock an “equal weight” rating in a research note on Monday, September 23rd. Finally, Bank of America boosted their price target on shares of Paychex from $111.00 to $113.00 and gave the stock an “underperform” rating in a research note on Thursday, June 27th. Two investment analysts have rated the stock with a sell rating and eleven have issued a hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $130.77.

Paychex Trading Down 0.0 %

Shares of Paychex stock opened at $142.28 on Thursday. The company has a market capitalization of $51.22 billion, a P/E ratio of 30.47, a P/E/G ratio of 3.73 and a beta of 1.00. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.38 and a current ratio of 1.38. The company has a fifty day moving average of $132.66 and a 200 day moving average of $125.89. Paychex has a fifty-two week low of $106.27 and a fifty-two week high of $144.17.

Paychex (NASDAQ:PAYX) last issued its quarterly earnings data on Tuesday, October 1st. The business services provider reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.02. Paychex had a net margin of 31.98% and a return on equity of 45.97%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same quarter in the previous year, the firm posted $1.14 EPS. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year.

Paychex Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 27th. Investors of record on Thursday, November 7th will be given a $0.98 dividend. This represents a $3.92 dividend on an annualized basis and a yield of 2.76%. The ex-dividend date is Thursday, November 7th. Paychex’s dividend payout ratio (DPR) is currently 83.94%.

Insider Buying and Selling

In related news, VP Michael E. Gioja sold 26,428 shares of the stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $139.03, for a total value of $3,674,284.84. Following the sale, the vice president now directly owns 14,515 shares of the company’s stock, valued at $2,018,020.45. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, VP Michael E. Gioja sold 26,428 shares of the stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $139.03, for a total value of $3,674,284.84. Following the sale, the vice president now directly owns 14,515 shares of the company’s stock, valued at $2,018,020.45. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Mark Anthony Bottini sold 8,954 shares of the company’s stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $123.60, for a total transaction of $1,106,714.40. Following the completion of the transaction, the vice president now owns 79,232 shares in the company, valued at $9,793,075.20. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 74,162 shares of company stock valued at $9,846,185 in the last ninety days. 11.50% of the stock is owned by company insiders.

Hedge Funds Weigh In On Paychex

A number of hedge funds and other institutional investors have recently modified their holdings of PAYX. HighPoint Advisor Group LLC bought a new position in shares of Paychex during the fourth quarter valued at approximately $642,000. Nomura Holdings Inc. acquired a new stake in Paychex in the fourth quarter valued at approximately $774,000. GAMMA Investing LLC boosted its stake in Paychex by 35.5% in the first quarter. GAMMA Investing LLC now owns 2,104 shares of the business services provider’s stock valued at $258,000 after acquiring an additional 551 shares in the last quarter. First Hawaiian Bank boosted its stake in Paychex by 2.8% in the first quarter. First Hawaiian Bank now owns 14,033 shares of the business services provider’s stock valued at $1,723,000 after acquiring an additional 385 shares in the last quarter. Finally, RFG Advisory LLC boosted its stake in Paychex by 1.7% in the first quarter. RFG Advisory LLC now owns 11,779 shares of the business services provider’s stock valued at $1,447,000 after acquiring an additional 200 shares in the last quarter. 83.47% of the stock is currently owned by institutional investors.

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.