<div id="readability-page-1"><p>Paychex, Inc. (NASDAQ:PAYX - Get Free Report) has received an average recommendation of &#34;Reduce&#34; from the seventeen research firms that are presently  covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating and fourteen have assigned  a hold rating to  the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $127.00.</p><ul><li>Buy The Dip Opportunity: Paychex Signals Rebound After Sell-Off</li></ul><p>PAYX has been the topic of a number of research analyst reports. Wolfe Research lowered their price objective on shares of Paychex from $130.00 to $115.00 and set an &#34;underperform&#34; rating on the stock in a research report on Wednesday, December 10th. Jefferies Financial Group  set a $110.00 target price on shares of Paychex in a research note on Friday, December 19th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of Paychex in a research note on Monday, December 22nd. Argus cut their price objective on Paychex from $170.00 to $150.00 in a report on Thursday, October 2nd. Finally, Stephens reduced their price objective on Paychex from $135.00 to $125.00 and set an &#34;equal weight&#34; rating for the company in a research report on Monday, December 22nd.</p><p><b>Get Our Latest Stock Analysis on Paychex</b></p><h2>Hedge Funds Weigh In On Paychex</h2><ul><li>3 Companies That Just Raised Dividends; 2 to Buy, 1 to Avoid</li></ul><p>Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Triumph Capital Management bought a new stake in  Paychex in the third quarter worth approximately $76,000.  Farmers National Bank acquired a new stake in shares of  Paychex in the 3rd quarter valued at $315,000.  Allworth Financial LP boosted its holdings in  Paychex by 1.1% in the third quarter. Allworth Financial LP now owns 11,884 shares of the business services provider's stock worth $1,506,000 after purchasing an additional 124 shares in the last quarter.  IFP Advisors Inc boosted its holdings in  Paychex by 8.5% in the third quarter. IFP Advisors Inc now owns 7,468 shares of the business services provider's stock worth $947,000 after purchasing an additional 586 shares in the last quarter.  Finally, Groupama Asset Managment increased its position in  Paychex by 70.4% during the third quarter. Groupama Asset Managment now owns 6,084 shares of the business services provider's stock worth $771,000 after buying an additional 2,514 shares during the last quarter. Institutional investors own  83.47% of the company's stock. </p><h2>Paychex Stock Down 0.2%</h2><p>NASDAQ:PAYX opened at $114.00 on Tuesday. The business's fifty day moving average price is $114.55 and its 200 day moving average price is $129.84. The firm has a market capitalization of $40.92 billion, a price-to-earnings ratio of 25.85 and a beta of 0.91. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 1.17. Paychex has a 1-year low of $108.00 and a 1-year high of $161.24. </p><ul><li>Paychex and Cintas Show Surprising Labor Market Resilience</li></ul><p>Paychex (NASDAQ:PAYX - Get Free Report) last announced its quarterly earnings data on Friday, December 19th. The business services provider reported $1.26 EPS for the quarter, topping analysts' consensus estimates of $1.23 by $0.03. The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.55 billion. Paychex had a return on equity of 46.38% and a net margin of 26.45%.The business's quarterly revenue was up 18.3% compared to the same quarter last year. During the same period last year, the company posted $1.14 EPS. Paychex has set its FY 2026 guidance at 5.480-5.530 EPS.  On average, sell-side analysts forecast that  Paychex will post 4.99 earnings per share for the current fiscal year. </p><h2>Paychex Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Friday, November 7th were issued a dividend of $1.08 per share. This represents a $4.32 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Friday, November 7th. Paychex's payout ratio is currently 97.96%. </p><h2>Paychex Company Profile</h2> (Get Free Report)<p>Paychex, Inc, founded in 1971 by B. Thomas &#34;Tom&#34; Golisano and headquartered in Rochester, New York, is a provider of payroll, human resources, and benefits outsourcing solutions for small- and medium-sized businesses. The company's core services include payroll processing and tax filing, employee benefits administration, retirement services, and workers' compensation administration, designed to simplify back-office operations and help clients comply with regulatory and tax requirements.  </p><p>Paychex offers an integrated technology platform, marketed under the Paychex Flex brand, which delivers cloud-based payroll, HR, time and attendance, and reporting tools.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Paychex</li><li>Wall Street Stockpicker Names #1 Stock of 2026</li><li>Do not delete, read immediately</li><li>$100 Trillion “AI Metal” Found in American Ghost Town</li><li>Drop these 5 stocks now!</li><li>Trump’s new AI budget just passed — one stock could soar</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFZWA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9UEFZWA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Paychex Right Now?</h2><p>Before you consider Paychex, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paychex wasn't on the list.</p><p>While Paychex currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

PAYX

<p>Paychex, Inc. (NASDAQ:PAYX) has received an average rating of "Reduce" from 17 research firms, with three analysts rating it as a sell and fourteen as hold. The average 1-year price target is $127.00. Recent price targets include $115.00 from Wolfe Research and $110.00 from Jefferies. The stock opened at $114.00, with a market cap of $40.92 billion. Paychex reported $1.26 EPS for the last quarter, exceeding estimates, and declared a quarterly dividend of $1.08 per share, yielding 3.8%.</p>

Paychex, Inc. (NASDAQ:PAYX) Receives Average Rating of "Reduce" from Brokerages