Q4 2025 Earnings Estimate for Paychex, Inc. Issued By Zacks Research (NASDAQ:PAYX)

Paychex, Inc. (NASDAQ:PAYX) – Zacks Research lowered their Q4 2025 earnings per share estimates for Paychex in a research report issued on Tuesday, October 15th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings per share of $1.19 for the quarter, down from their prior estimate of $1.20. The consensus estimate for Paychex’s current full-year earnings is $4.98 per share. Zacks Research also issued estimates for Paychex’s Q1 2026 earnings at $1.22 EPS, Q1 2027 earnings at $1.32 EPS and FY2027 earnings at $5.55 EPS.

Several other equities research analysts also recently issued reports on PAYX. Stifel Nicolaus upped their price target on Paychex from $130.00 to $141.00 and gave the stock a “hold” rating in a report on Wednesday, October 2nd. TD Cowen raised their price target on shares of Paychex from $126.00 to $131.00 and gave the company a “hold” rating in a research report on Wednesday, October 2nd. Bank of America increased their price target on Paychex from $111.00 to $113.00 and gave the company an “underperform” rating in a research report on Thursday, June 27th. Robert W. Baird cut their price objective on Paychex from $126.00 to $124.00 and set a “neutral” rating on the stock in a research report on Thursday, June 27th. Finally, Royal Bank of Canada lifted their target price on Paychex from $130.00 to $148.00 and gave the stock a “sector perform” rating in a research note on Wednesday, October 2nd. Two equities research analysts have rated the stock with a sell rating and eleven have issued a hold rating to the stock. Based on data from MarketBeat, Paychex currently has a consensus rating of “Hold” and an average price target of $130.77.

Paychex Stock Performance

Shares of PAYX opened at $142.28 on Wednesday. Paychex has a 52 week low of $106.27 and a 52 week high of $144.17. 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 stock has a 50 day moving average price of $132.66 and a two-hundred day moving average price of $125.89. The firm 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.

Paychex (NASDAQ:PAYX) last released its quarterly earnings data on Tuesday, October 1st. The business services provider reported $1.16 earnings per share 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 for the quarter, compared to analyst estimates of $1.31 billion. During the same period last year, the firm earned $1.14 earnings per share. The business’s quarterly revenue was up 2.5% compared to the same quarter last year.

Paychex Announces Dividend

The firm 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. The ex-dividend date is Thursday, November 7th. This represents a $3.92 dividend on an annualized basis and a dividend yield of 2.76%. Paychex’s dividend payout ratio (DPR) is presently 83.94%.

Insiders Place Their Bets

In related news, VP Mark Anthony Bottini sold 8,954 shares of the company’s stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $123.60, for a total value of $1,106,714.40. Following the completion of the transaction, the vice president now directly owns 79,232 shares in the company, valued at approximately $9,793,075.20. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Paychex news, VP Mark Anthony Bottini sold 8,954 shares of the business’s stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $123.60, for a total value of $1,106,714.40. Following the completion of the sale, the vice president now directly owns 79,232 shares of the company’s stock, valued at $9,793,075.20. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Michael E. Gioja sold 14,731 shares of the firm’s stock in a transaction dated Friday, October 4th. The shares were sold at an average price of $139.18, for a total value of $2,050,260.58. Following the transaction, the vice president now directly owns 14,515 shares in the company, valued at $2,020,197.70. This trade 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 worth $9,846,185 in the last ninety days. 11.50% of the stock is currently owned by insiders.

Institutional Trading of Paychex

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Paychex by 0.4% in the first quarter. Vanguard Group Inc. now owns 30,541,306 shares of the business services provider’s stock worth $3,750,472,000 after purchasing an additional 123,268 shares during the period. Capital International Investors increased its holdings in shares of Paychex by 12.8% during the first quarter. Capital International Investors now owns 20,878,283 shares of the business services provider’s stock valued at $2,563,853,000 after acquiring an additional 2,373,894 shares in the last quarter. Capital World Investors boosted its stake in Paychex by 155.6% in the 1st quarter. Capital World Investors now owns 2,478,325 shares of the business services provider’s stock worth $304,338,000 after purchasing an additional 1,508,681 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Paychex by 19.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,356,262 shares of the business services provider’s stock valued at $279,351,000 after purchasing an additional 384,184 shares in the last quarter. Finally, TD Asset Management Inc increased its position in shares of Paychex by 57.2% during the first quarter. TD Asset Management Inc now owns 2,179,930 shares of the business services provider’s stock valued at $267,695,000 after acquiring an additional 793,468 shares in the last quarter. Institutional investors own 83.47% of the company’s stock.

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.