Rep. Julie Johnson Sells Paychex, Inc. (NASDAQ:PAYX) Shares

by · The Cerbat Gem

Representative Julie Johnson (D-Texas) recently sold shares of Paychex, Inc. (NASDAQ:PAYX). In a filing disclosed on October 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Paychex stock on September 25th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Ameren (NYSE:AEE) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of WEC Energy Group (NYSE:WEC) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of Equinix (NASDAQ:EQIX) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of A. O. Smith (NYSE:AOS) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of McCormick & Company, Incorporated (NYSE:MKC) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of Monster Beverage (NASDAQ:MNST) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of Molson Coors Beverage (NYSE:TAP) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of LyondellBasell Industries (NYSE:LYB) on 9/25/2025.
  • Sold $1,001 – $15,000 in shares of United Dominion Realty Trust (NYSE:UDR) on 9/25/2025.

Paychex Trading Down 1.1%

Shares of PAYX stock opened at $125.21 on Friday. The stock has a market cap of $45.06 billion, a price-to-earnings ratio of 28.14, a price-to-earnings-growth ratio of 2.89 and a beta of 0.92. The company has a quick ratio of 1.27, a current ratio of 1.27 and a debt-to-equity ratio of 1.15. Paychex, Inc. has a fifty-two week low of $119.02 and a fifty-two week high of $161.24. The firm’s 50 day moving average price is $134.05 and its two-hundred day moving average price is $143.86.

Paychex (NASDAQ:PAYX – Get Free Report) last announced its quarterly earnings results on Tuesday, September 30th. The business services provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.20 by $0.02. The firm had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Paychex had a net margin of 27.85% and a return on equity of 45.17%. Paychex’s revenue was up 16.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.16 earnings per share. Paychex has set its FY 2026 guidance at 5.428-5.528 EPS. On average, analysts anticipate that Paychex, Inc. will post 4.99 EPS for the current year.

Paychex Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Shareholders of record on Friday, November 7th will be given a dividend of $1.08 per share. This represents a $4.32 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, November 7th. Paychex’s payout ratio is 97.08%.

Insider Activity

In related news, CEO John B. Gibson sold 12,370 shares of Paychex stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $141.92, for a total value of $1,755,550.40. Following the completion of the sale, the chief executive officer owned 81,755 shares in the company, valued at approximately $11,602,669.60. The trade was a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.80% of the company’s stock.

Institutional Trading of Paychex

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Heartwood Wealth Advisors LLC bought a new stake in shares of Paychex in the third quarter worth $25,000. NewSquare Capital LLC increased its stake in shares of Paychex by 83.8% in the second quarter. NewSquare Capital LLC now owns 215 shares of the business services provider’s stock worth $31,000 after buying an additional 98 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in shares of Paychex in the first quarter worth $34,000. MorganRosel Wealth Management LLC bought a new stake in shares of Paychex in the first quarter worth $34,000. Finally, Quarry LP bought a new stake in shares of Paychex in the first quarter worth $34,000. Institutional investors own 83.47% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of Paychex from $148.00 to $132.00 and set an “equal weight” rating on the stock in a research note on Wednesday, October 1st. Argus dropped their price objective on shares of Paychex from $170.00 to $150.00 in a research note on Thursday, October 2nd. TD Cowen dropped their price objective on shares of Paychex from $140.00 to $126.00 and set a “hold” rating on the stock in a research note on Wednesday, October 1st. Stephens upgraded shares of Paychex to a “hold” rating in a research note on Tuesday. Finally, Jefferies Financial Group set a $130.00 price objective on shares of Paychex in a research note on Tuesday, September 30th. One equities research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $141.29.

Read Our Latest Research Report on PAYX

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Paychex

(Get Free Report)

Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.

Further Reading