$PAYX

Intuit (INTU) reported $4.35B revenue (up 13.7% YoY), beating expectations, but lowered full-year guidance, causing its stock to fall 10.1%. BILL (BILL) reported $436.2M revenue (up 13.8% YoY), beating expectations, but missed full-year revenue guidance. Paychex (PAYX) reported $1.61B revenue (up 12.5% YoY), meeting expectations, and its stock rose 18.2%.

BMO Capital increased its price target for Paychex to $118 from $103, while maintaining a Market Perform rating. The stock closed at $115.18, with a 5-day change of +0.37% and a year-to-date change of -7.91%.

BMO Capital Markets raised price targets for Paychex (to $118), Paycom (to $235), and Wolters Kluwer (to $82), citing a positive outlook for human capital management and payroll stocks due to improved labor market conditions. The firm noted that payroll services remain resilient despite AI advancements. BMO expects Paychex to report moderate revenue upside and strong earnings performance later this month.

Paychex (PAYX) has introduced its AI-powered WISE engine on Microsoft 365 to expand its tech offerings. Compared to Autodesk (ADSK), PAYX has shown better resilience. Analysts have a 'Hold' consensus, with a mean price target of $114.31 and a high target of $150, suggesting 28.3% upside potential.

Paycom (NYSE:PAYC) reported Q2 revenue of $531.2M, up 9.8% YoY, beating estimates by 3.5%. Paychex (NASDAQ:PAYX) reported $1.61B in revenue, up 12.5% YoY, in line with expectations. Paylocity (NASDAQ:PCTY) reported $444.7M in revenue, up 11% YoY, beating estimates by 3.1%. All three stocks have risen since reporting results.

Paychex (PAYX) shares have seen notable activity, with political figures and insiders trading the stock. Insiders sold 25,000 shares, while members of Congress made 5 trades. Institutional investors have mixed activity, with 786 adding shares and 845 reducing positions. Analysts have set price targets, with a median of $103.0. Paychex reported $1.6B in Q4 2026 revenue, according to the company.

Paychex (PAYX) stock rose 30.1% in six months, outperforming its industry and the S&P 500. The company exceeded fiscal 2026 synergy targets from the Paycor acquisition, adding 50 bps to revenue growth and $100M in cost synergies. CEO John Gibson noted expanded market access. WISE, an AI tool, drives long-term value. Adjusted operating margin increased to 42.1% in Q4 fiscal 2026, with a target of 44% for fiscal 2027. PAYX has a Zacks Rank #3 (Hold).

Analysts made several rating changes: Bernstein upgraded Ormat (ORA) to Market Perform, Morgan Stanley upgraded Shell (SHEL) to Overweight with a $101.30 target, Barclays upgraded W.P. Carey (WPC) to Equal Weight, Baird upgraded Sonida Senior Living (SNDA) to Outperform with a $43 target, and Piper Sandler upgraded Simmons First National (SFNC) to Overweight with a $27.50 target. Canaccord downgraded UiPath (PATH) to Hold with a $17 target, Craig-Hallum downgraded Ambarella (AMBA) to Hold with a

Fed Governor Waller's comments on holding rates steady sparked a market rally, with the Nasdaq up 1.4% and Bitcoin above $80,000. Analysts upgraded Shell (NYSE: SHEL) to Overweight with a $101.30 target, while downgrading Ambarella (NASDAQ: AMBA) to Hold. StoneX initiated PulteGroup (NYSE: PHM) as Buy and Lennar (NYSE: LEN) as Hold. Major indices closed higher, with the Nasdaq at 26,584, Dow at 53,686, S&P 500 at 7,747, and Russell 2000 at 2,966.

Paychex (PAYX) major shareholder Thomas B. Golisano gifted 334 shares from an irrevocable trust on September 1, 2026. He holds 35.6 million shares directly and 37,884 indirectly. The gift, valued at $127.04 per share, was part of a quarterly distribution.