Investment Analysts’ Recent Ratings Changes for Paycom Software (PAYC)

Several brokerages have updated their recommendations and price targets on shares of Paycom Software (NYSE: PAYC) in the last few weeks:

• 8/11/2026 – Paycom Software was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 8/7/2026 – Paycom Software had its price target raised by Citigroup Inc. from $136.00 to $194.00. They now have a “neutral” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by Guggenheim from $180.00 to $225.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by TD Cowen from $149.00 to $244.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by UBS Group AG from $195.00 to $205.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by KeyCorp from $195.00 to $270.00. They now have an “overweight” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by Barclays PLC from $154.00 to $210.00. They now have an “equal weight” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by Stifel Nicolaus from $120.00 to $200.00. They now have a “hold” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by Cantor Fitzgerald from $135.00 to $195.00. They now have a “neutral” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by BTIG Research from $160.00 to $230.00. They now have a “buy” rating on the stock.
• 8/6/2026 – Paycom Software had its price target raised by BMO Capital Markets from $145.00 to $208.00. They now have a “market perform” rating on the stock.
• 7/21/2026 – Paycom Software had its price target raised by Barclays PLC from $148.00 to $154.00. They now have an “equal weight” rating on the stock.
• 7/16/2026 – Paycom Software was upgraded by Weiss Ratings from “sell (d+)” to “hold (c-)”.
• 6/26/2026 – Paycom Software had its price target lowered by TD Cowen from $154.00 to $149.00. They now have a “buy” rating on the stock.

Paycom Software Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 24th will be issued a $0.375 dividend. The ex-dividend date of this dividend is Monday, August 24th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.7%. Paycom Software’s dividend payout ratio (DPR) is presently 15.94%.

Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.

The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.