PAYCHEX INC (PAYX)
NASDAQ · Professional Services · Services-Engineering, Accounting, Research, Management
- Price
- $101.59
- Day
- -2.78%
- Market cap
- $36.13B
- P/E
- 20.5
Close 2026-09-24.
The company
Overview We are an industry-leading human capital management (“HCM”) company providing comprehensive technology and advisory solutions in human resources (“HR”), payroll processing, employee benefits, and insurance. As of May 31, 2026, we served approximately 840,000 total customers across the U.S. and parts of Europe, of which approximately 800,000 are payroll clients. Paychex was incorporated in Delaware in 1979, maintains dual corporate headquarters in Rochester, New York and Cincinnati, Ohio, and has a fiscal year that ends on May 31st. Effective human capital management requires significant resources and expertise. Organizations face a rapidly evolving employment landscape including an increasing number and complexity of federal, state, and local regulations; the integration of AI into HCM processes; changing workforce dynamics; increasing medical inflation; and challenges attracting and retaining talent. Changing workplace dynamics include increasingly distributed, mobile workforces as well as employee expectations for user experiences similar to customer-oriented applications. We specialize in helping customers succeed in this rapidly evolving environment. What sets us apart in the industry is our comprehensive suite of solutions, deep advisory expertise, and differentiated access to a large and growing proprietary dataset. Paychex offers a full range of integrated HCM solutions from hire to retire, for businesses and their employees, with configurable options designed to meet a wide range of business sizes and complexities.
From Item 1: Overview.
By product & service
- Management Solutions — 75%
- Peo and Insurance Solutions — 25%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- Capital International Investors — $2.84B
- VANGUARD CAPITAL MANAGEMENT LLC — $2.07B
- VANGUARD PORTFOLIO MANAGEMENT LLC — $1.5B
- STATE STREET CORP — $1.42B
- Invesco Ltd. — $1.23B
- BlackRock, Inc. — $1.21B
- Sixth Street Partners Management Company, L.P. — $1.02B
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC — $1.02B
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- Schrader Robert L. (Sr. VP, CFO) sold 2,600 shares at $115.09 on 2026-07-20
- Simmons Christopher C (VP, Controller & Treasurer) sold 2,615 shares at $115.92 on 2026-07-17
- MUCCI MARTIN (Director,Other) sold 25,000 shares at $109.93 on 2026-07-14
- TUCCI JOSEPH M (Director) sold 3,907 shares at $98.25 on 2026-06-26
- Roaldsen Elizabeth (Sr. Vice President) sold 459 shares at $90.00 on 2026-05-13
- DOODY JOSEPH (Director) bought 1,000 shares at $98.76 on 2026-02-04
Recent filings
- 8-K — 2026-09-23
- ARS — 2026-09-04
- DEF 14A — 2026-09-04
- DEFA14A — 2026-09-04
- 4 — 2026-09-02
- 4 — 2026-08-17
- 4 — 2026-07-21
- 4 — 2026-07-21
- 4 — 2026-07-21
- 8-K — 2026-07-21