32,819 Shares in Paymentus Holdings, Inc. $PAY Acquired by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA acquired a new position in Paymentus Holdings, Inc. (NYSE:PAY) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 32,819 shares of the business services provider’s stock, valued at approximately $1,037,000.

Several other institutional investors also recently modified their holdings of PAY. Wasatch Advisors LP increased its position in shares of Paymentus by 210.1% in the third quarter. Wasatch Advisors LP now owns 4,694,109 shares of the business services provider’s stock worth $143,640,000 after purchasing an additional 3,180,156 shares during the last quarter. Invesco Ltd. increased its position in shares of Paymentus by 115.8% in the third quarter. Invesco Ltd. now owns 3,788,090 shares of the business services provider’s stock worth $115,916,000 after purchasing an additional 2,032,819 shares during the last quarter. Capital International Investors increased its position in shares of Paymentus by 17.6% in the third quarter. Capital International Investors now owns 7,180,653 shares of the business services provider’s stock worth $219,728,000 after purchasing an additional 1,072,387 shares during the last quarter. Vanguard Group Inc. increased its position in shares of Paymentus by 33.0% in the third quarter. Vanguard Group Inc. now owns 3,638,609 shares of the business services provider’s stock worth $111,341,000 after purchasing an additional 903,627 shares during the last quarter. Finally, Brown Brothers Harriman & Co. bought a new position in shares of Paymentus in the third quarter worth approximately $19,503,000. 78.38% of the stock is currently owned by institutional investors.

Paymentus Stock Performance

Shares of Paymentus stock opened at $27.19 on Thursday. Paymentus Holdings, Inc. has a 52-week low of $22.02 and a 52-week high of $40.43. The stock has a market capitalization of $3.42 billion, a price-to-earnings ratio of 47.70 and a beta of 1.40. The company’s 50 day moving average price is $25.81 and its 200-day moving average price is $28.95.

Paymentus (NYSE:PAY) last issued its earnings results on Monday, May 4th. The business services provider reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.04. Paymentus had a net margin of 5.78% and a return on equity of 14.04%. The firm had revenue of $358.44 million for the quarter, compared to analysts’ expectations of $335.45 million. During the same quarter last year, the business earned $0.14 earnings per share. The business’s revenue was up 30.2% on a year-over-year basis. As a group, equities research analysts forecast that Paymentus Holdings, Inc. will post 0.6 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

PAY has been the topic of several research analyst reports. Wedbush upped their price objective on shares of Paymentus from $32.00 to $36.00 and gave the stock an “outperform” rating in a research report on Tuesday. Robert W. Baird upped their price objective on shares of Paymentus from $30.00 to $34.00 and gave the stock an “outperform” rating in a research report on Tuesday. Wall Street Zen upgraded shares of Paymentus from a “hold” rating to a “buy” rating in a research report on Sunday, February 8th. The Goldman Sachs Group decreased their price objective on shares of Paymentus from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 24th. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $36.00 price objective on shares of Paymentus in a research report on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $35.20.

Key Stories Impacting Paymentus

Here are the key news stories impacting Paymentus this week:

• Positive Sentiment: Management raised guidance and highlighted AI and privacy-led demand, signaling stronger forward revenue visibility tied to new offerings. Read More.
• Positive Sentiment: Q1 results beat consensus (EPS and revenue), with revenue up ~30% YoY and the company unveiling an AI billing platform — evidence of near-term topline momentum and improving monetization. Read More.
• Positive Sentiment: Paymentus launched AI-native service commerce products (BillWallet and the Billeo experience layer), which expand product depth and create new monetization avenues if adopted by billers and consumers. Read More.
• Positive Sentiment: The company outlined 2026 revenue guidance of $1.425B–$1.440B, reinforcing the market’s view that AI/product launches will drive near-term growth. Read More.
• Positive Sentiment: Robert W. Baird raised its price target to $34 and kept an outperform rating, giving third?party validation to the stock’s upside tied to the AI story. Read More.
• Neutral Sentiment: Management will present at the J.P. Morgan Global Tech, Media & Communications conference (May 18), increasing investor access and the chance for more color on AI monetization and partnerships. Read More.
• Neutral Sentiment: Market peers and partners are reacting to AI momentum (coverage noting Palantir and Repay outlook moves), which can amplify sentiment but also ties Paymentus’ story to broader sector flows. Read More. Read More.
• Negative Sentiment: Execution and valuation risks remain: the growth story depends on successful adoption of AI products and continued client wins; investors should watch margins, cadence of biller conversions, and commentary on regulatory/privacy impacts from the earnings call. Read More.

Paymentus Company Profile

Paymentus is a U.S.-based financial technology company that specializes in cloud-native bill payment and presentment solutions. Its platform enables businesses and government entities to manage the entire payment lifecycle, from electronic bill presentment and real-time payment processing to reconciliation and reporting. Through web portals, mobile applications, interactive voice response (IVR) systems and in-person channels, Paymentus helps clients streamline accounts receivable operations, enhance customer engagement and reduce operational costs.

Founded in 2004 and headquartered in Wilmington, Delaware, Paymentus has built a modular suite of services that can be tailored to the needs of various industries.