This afternoon we watched Paychex drop -2.2% to a price of $114.5 per share. The Large-Cap Commercial Services company is now trading -15.01% below its average target price of $134.71. Analysts have set target prices ranging from $122.0 to $150.0 per share for Paychex, and have given the stock an average rating of hold.
The stock has an average amount of shares sold short at 4.0%, and a short ratio of 3.66. The company's insiders own 10.53% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 83.2% of Paychex's shares being owned by this investor type.
Institutions Invested in Paychex
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-06-30 | Vanguard Group Inc | 9% | 32,215,957 | $3,688,727,076 |
| 2025-06-30 | Blackrock Inc. | 8% | 27,369,482 | $3,133,805,689 |
| 2025-06-30 | Capital International Investors | 6% | 22,514,178 | $2,577,873,381 |
| 2025-06-30 | State Street Corporation | 4% | 14,066,067 | $1,610,564,671 |
| 2025-06-30 | Charles Schwab Investment Management, Inc. | 3% | 11,033,312 | $1,263,314,224 |
| 2025-06-30 | Geode Capital Management, LLC | 3% | 10,183,871 | $1,166,053,229 |
| 2025-06-30 | Wells Fargo & Company | 2% | 8,972,130 | $1,027,308,885 |
| 2025-06-30 | Bank Of New York Mellon Corporation | 2% | 8,692,386 | $995,278,197 |
| 2025-06-30 | Bank of America Corporation | 2% | 5,804,606 | $664,627,387 |
| 2025-06-30 | Northern Trust Corporation | 1% | 4,932,209 | $564,737,930 |
Besides an analyst consensus of some upside potential, other market factors point to there being positive market sentiment on Paychex.
