paychex, inc. (nasdaq: payx) is a leading provider of integrated human capital management solutions for payroll, hr, retirement, and insurance services. by combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. backed by 45 years of industry expertise, paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 american private sector employees.
Company profile
Ticker
PAYX
Exchange
Website
CEO
Martin Mucci
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ACH Insurance, LLC • Advantage Payroll Services, Inc. • ESG Insurance, LLC • Fast 401k, Inc. • Lessor A/S • Oasis Advisory Services, LLC • Oasis HR Solutions III, LLC • Oasis Outsourcing Acquisition Corporation • Oasis Outsourcing Holdings, Inc. • Oasis Outsourcing, LLC ...
IRS number
161124166
PAYX stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
16 Apr 24
10-Q
2024 Q3
Quarterly report
2 Apr 24
8-K
Sustained Growth in Revenue and Earnings
2 Apr 24
8-K
Other Events
19 Jan 24
10-Q
2024 Q2
Quarterly report
21 Dec 23
8-K
Paychex, Inc. Reports Second Quarter and Mid-year Fiscal 2024 Results
21 Dec 23
8-K
Submission of Matters to a Vote of Security Holders
13 Oct 23
8-K
Regulation FD Disclosure
6 Oct 23
10-Q
2024 Q1
Quarterly report
28 Sep 23
8-K
Sustained Growth in Revenue and Earnings
27 Sep 23
Transcripts
PAYX
Earnings call transcript
2024 Q3
2 Apr 24
PAYX
Earnings call transcript
2024 Q2
21 Dec 23
PAYX
Earnings call transcript
2024 Q1
27 Sep 23
PAYX
Earnings call transcript
2023 Q4
29 Jun 23
PAYX
Earnings call transcript
2023 Q3
29 Mar 23
PAYX
Earnings call transcript
2023 Q2
22 Dec 22
PAYX
Earnings call transcript
2023 Q1
28 Sep 22
PAYX
Earnings call transcript
2022 Q4
29 Jun 22
PAYX
Earnings call transcript
2022 Q3
30 Mar 22
PAYX
Earnings call transcript
2022 Q2
22 Dec 21
Latest ownership filings
3
Mason Argiropoulos
18 Apr 24
4
Beaumont Vance
17 Apr 24
3
Beaumont Vance
14 Mar 24
4
DAVID J S FLASCHEN
8 Mar 24
4
B THOMAS GOLISANO
6 Mar 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
SC 13G
Capital International Investors
9 Feb 24
4
Michael E Gioja
8 Feb 24
144
Notice of proposed sale of securities
7 Feb 24
4
Mark Anthony Bottini
31 Jan 24
Financial summary
Quarter (USD) | Nov 23 | Aug 23 | May 23 | Feb 23 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | May 23 | May 22 | May 21 | May 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.56 bn | 3.56 bn | 3.56 bn | 3.56 bn | 3.56 bn | 3.56 bn |
Cash burn (monthly) | 107.43 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 518.81 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 3.04 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 28.3 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2023
52.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1230 |
Opened positions | 121 |
Closed positions | 309 |
Increased positions | 430 |
Reduced positions | 467 |
13F shares | Current |
---|---|
Total value | 21.05 tn |
Total shares | 187.49 mm |
Total puts | 493.20 k |
Total calls | 369.50 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 30.42 mm | $3.62 tn |
Capital International Investors | 18.50 mm | $2.20 tn |
STT State Street | 13.08 mm | $1.56 tn |
BK Bank Of New York Mellon | 11.20 mm | $1.33 tn |
WFC Wells Fargo & Co. | 9.62 mm | $1.15 tn |
Charles Schwab Investment Management | 6.79 mm | $808.55 bn |
FMR | 4.44 mm | $528.89 bn |
NTRS Northern Trust | 4.33 mm | $515.49 bn |
MS Morgan Stanley | 3.89 mm | $463.11 bn |
LGEN Legal & General | 3.18 mm | $378.31 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Beaumont Vance | Common Stock | Grant | Acquire A | No | No | 0 | 1,235 | 0.00 | 1,235 |
15 Apr 24 | Beaumont Vance | Stock Option Common Stock | Grant | Acquire A | No | No | 122.45 | 2,174 | 266.21 k | 2,174 |
5 Mar 24 | B Thomas Golisano | Common Stock | Gift | Dispose G | Yes | No | 122.9 | 723 | 88.86 k | 45,038 |
7 Feb 24 | Gioja Michael E | Common Stock | Sell | Dispose S | No | No | 121.89 | 40,068 | 4.88 mm | 19,194 |
7 Feb 24 | Gioja Michael E | Common Stock | Option exercise | Acquire M | No | No | 60.84 | 40,068 | 2.44 mm | 59,262 |
7 Feb 24 | Gioja Michael E | Stock Option Common Stock | Option exercise | Dispose M | No | No | 60.84 | 40,068 | 2.44 mm | 0 |
News
B of A Securities Maintains Underperform on Paychex, Raises Price Target to $111
3 Apr 24
Key Takeaways From Paychex Analyst Ratings
3 Apr 24
TD Cowen Maintains Hold on Paychex, Lowers Price Target to $121
3 Apr 24
Wedbush Reiterates Neutral on Paychex, Maintains $115 Price Target
3 Apr 24
RBC Capital Reiterates Sector Perform on Paychex, Maintains $130 Price Target
3 Apr 24
Press releases
Paychex Recognized for Excellence in Health & Well-being by Business Group on Health
9 Apr 24
U.S. Small Business Job and Wage Growth Remain Steady
3 Apr 24
Paychex, Inc. Reports Third Quarter Results: Sustained Growth in Revenue and Earnings
2 Apr 24
BetterInvesting™ Magazine Update on Paychex Inc. and Pfizer Inc.
28 Mar 24
Paychex Named Among FORTUNE's Most Innovative Companies
26 Mar 24