PAYXNasdaqServices-Engineering, Accounting, Research, ManagementFiscal year ends May 31
PAYCHEX INC
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Sep 24, 2026
$110.75−0.88 (-0.79%)
Close on Oct 19, 2026
- Market cap
- $39.49B
- P/E (TTM)
- 22.0
- Dividend yield
- 4.00%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
83.3%
297M of 356M shares
Institutional holders
1,528
156 new, 119 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
2 buys · 5 sales
Net sold $3.58M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| B. Thomas Golisano | 37,832,681 | 10.50% | 13G (passive) | Dec 31, 2023 |
| Capital International Investors | 30,738,102 | 8.60% | 13G (passive) amendment | Dec 31, 2025 |
| BlackRock, Inc. | 27,959,696 | 7.80% | 13G (passive) amendment | Dec 31, 2023 |
| Vanguard Capital Management | 24,271,194 | 6.77% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of PAYX | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Capital International Investors | 28,840,445 | 8.10% | $2.84B | −1,108,241 | 0.59% |
| BlackRock, Inc. | 27,753,178 | 7.80% | $2.73B | −661,274 | 0.04% |
| Vanguard Capital Management LLC | 21,040,690 | 5.91% | $2.07B | +75,420 | 0.04% |
| Vanguard Portfolio Management LLC | 15,277,715 | 4.29% | $1.50B | +28,155 | 0.07% |
| State Street Corp | 14,411,341 | 4.05% | $1.42B | +361,713 | 0.04% |
| Invesco Ltd. | 13,040,655 | 3.66% | $1.28B | +255,853 | 0.10% |
| Charles Schwab Investment Management Inc | 10,402,177 | 2.92% | $1.02B | +1,026,924 | 0.14% |
| Geode Capital Management, LLC | 10,250,030 | 2.88% | $1.01B | −20,498 | 0.05% |
| Morgan Stanley | 6,540,823 | 1.84% | $643.16M | +1,242,795 | 0.03% |
| Federated Hermes, Inc. | 5,881,768 | 1.65% | $578.35M | −3,808 | 0.83% |
| Goldman Sachs Group Inc | 4,619,471 | 1.30% | $454.23M | +660,155 | 0.04% |
| Bank Of America Corp /De/ | 4,414,326 | 1.24% | $434.06M | +90,436 | 0.03% |
| Northern Trust Corp | 4,006,462 | 1.13% | $393.96M | +9,665 | 0.05% |
| Wells Fargo & Company/Mn | 3,852,234 | 1.08% | $378.79M | −387,014 | 0.06% |
| First Trust Advisors LP | 3,366,093 | 0.95% | $330.99M | +1,022,037 | 0.19% |
| UBS Group AG | 3,303,592 | 0.93% | $324.84M | −228,797 | 0.04% |
| JPMorgan Chase & Co | 2,838,927 | 0.80% | $283.35M | +96,048 | 0.02% |
| Envestnet Asset Management Inc | 2,764,004 | 0.78% | $271.78M | −10,469 | 0.06% |
| Victory Capital Management Inc | 2,741,215 | 0.77% | $269.54M | +1,341,349 | 0.15% |
| Dimensional Fund Advisors LP | 2,706,479 | 0.76% | $266.16M | −116,090 | 0.05% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 1,528 | 297M | 83.3% | 156 / 633 | 538 / 119 | 21M | 20M |
| Q1 2026 | 1,512 | 296M | 83.1% | 154 / 617 | 533 / 213 | 66M | 24M |
| Q4 2025 | 1,589 | 297M | 83.4% | 177 / 535 | 643 / 171 | 47M | 25M |
| Q3 2025 | 1,619 | 276M | 77.6% | 128 / 525 | 668 / 161 | 22M | 28M |
| Q2 2025 | 1,674 | 283M | 79.4% | 114 / 601 | 617 / 120 | 17M | 14M |
| Q1 2025 | 1,702 | 281M | 78.9% | 164 / 583 | 639 / 69 | 13M | 12M |
| Q4 2024 | 1,635 | 281M | 79.0% | 191 / 586 | 572 / 70 | 18M | 16M |
| Q3 2024 | 1,543 | 281M | 78.9% | 140 / 554 | 578 / 92 | 43M | 9M |
| Q2 2024 | 1,514 | 276M | 77.5% | 119 / 554 | 573 / 118 | 16M | 20M |
| Q1 2024 | 1,527 | 281M | 78.8% | 112 / 535 | 601 / 79 | 25M | 14M |
| Q4 2023 | 1,507 | 270M | 75.8% | 168 / 510 | 577 / 84 | 21M | 12M |
| Q3 2023 | 1,443 | 261M | 73.4% | 119 / 533 | 507 / 75 | 16M | 16M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of PAYX | Value | % of fund | As of |
|---|---|---|---|---|---|
| Washington Mutual Investors Fund | 12,199,229 | 3.43% | $1.43B | 0.65% | Jul 31, 2026 |
| Vanguard Total Stock Market Index Fund | 10,236,873 | 2.88% | $1.01B | 0.04% | Jun 30, 2026 |
| American Funds Fundamental Investors | 8,758,985 | 2.46% | $861.27M | 0.48% | Jun 30, 2026 |
| Vanguard 500 Index Fund | 8,355,689 | 2.35% | $821.61M | 0.05% | Jun 30, 2026 |
| Schwab U.S. Dividend Equity ETF | 7,716,118 | 2.17% | $748.31M | 0.79% | May 31, 2026 |
| Invesco QQQ Trust, Series 1 | 7,605,513 | 2.14% | $747.85M | 0.15% | Jun 30, 2026 |
| Vanguard Mid-Cap Index Fund | 6,987,004 | 1.96% | $687.03M | 0.31% | Jun 30, 2026 |
| iShares Core S&P 500 ETF | 4,434,987 | 1.25% | $436.09M | 0.05% | Jun 30, 2026 |
| Fidelity 500 Index Fund | 4,134,341 | 1.16% | $400.95M | 0.05% | May 31, 2026 |
| Federated Hermes Strategic Value Dividend Fund | 3,598,975 | 1.01% | $420.50M | 4.22% | Jul 31, 2026 |
| Capital Income Builder | 3,260,403 | 0.92% | $380.95M | 0.29% | Jul 31, 2026 |
| Vanguard Value Index Fund | 3,069,870 | 0.86% | $301.86M | 0.12% | Jun 30, 2026 |
| Vanguard Mid-Cap Growth Index Fund | 2,470,511 | 0.69% | $242.93M | 0.70% | Jun 30, 2026 |
| State Street(R) Industrial Select Sector SPDR(R) ETF | 1,899,258 | 0.53% | $186.75M | 0.55% | Jun 30, 2026 |
| Invesco S&P 500 Equal Weight ETF | 1,843,029 | 0.52% | $215.34M | 0.22% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Christopher C. Simmons | VP, Controller & Treasurer | 3,290 | 0.00% | Aug 17, 2026 |
| Robert L. Schrader | Sr. VP, CFO | 18,886 | 0.01% | Jul 21, 2026 |
| Prabha S. Bhandari | Chief Legal Officer, Secretary | 1,664 | 0.00% | Jul 17, 2026 |
| Chad C. Parodi | SVP, HCM, PEO & Insurance | 6,036 | 0.00% | Jul 17, 2026 |
| Ryan Norman Bergstrom | Chief Product Officer | 41,279 | 0.01% | Jul 17, 2026 |
| Adam Brooks Ante | Sr. Vice President, Paycor | 52,566 | 0.01% | Jul 17, 2026 |
| John B. Gibson | President and CEO | 81,366 | 0.02% | Jul 17, 2026 |
| Mason Argiropoulos | VP, Chief HR Officer | 5,219 | 0.00% | Jul 17, 2026 |
| Elizabeth Roaldsen | Sr. Vice President | 6,952 | 0.00% | Jul 17, 2026 |
| Jason Richard Rose | SVP, Digital Sales & Marketing | 2,782 | 0.00% | Jul 17, 2025 |
| Beaumont Vance | Sr VP Data, Analytics, and AI | 2,758 | 0.00% | Jul 17, 2025 |
| Mark Anthony Bottini | Sr. VP of Sales | 81,132 | 0.02% | Jul 15, 2025 |
| Michael E. Gioja | Sr. Vice President | 24,636 | 0.01% | Apr 7, 2025 |
| Martin Mucci | Director | 439,894 | 0.12% | Jul 21, 2026 |
| Joseph Doody | Director | 25,647 | 0.01% | Jul 21, 2026 |
| Joseph M. Tucci | Director | 67,364 | 0.02% | Jun 30, 2026 |
| Joseph M. Velli | Director | 89,564 | 0.03% | May 12, 2026 |
| Tom Bonadio | Director | 21,504 | 0.01% | Feb 5, 2026 |
| J. Michael Hansen | Director | 624 | 0.00% | Jan 23, 2026 |
| Kara Wilson | Director | 8,254 | 0.00% | Oct 17, 2025 |
| Kevin A. Price | Director | 3,951 | 0.00% | Oct 17, 2025 |
| Theresa M. Payton | Director | 2,800 | 0.00% | Oct 17, 2025 |
| Pamela A. Joseph | Director | 11,770 | 0.00% | Oct 17, 2025 |
| B. Thomas Golisano | 10% owner | 35,129,172 | 9.87% | Sep 30, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| B. Thomas Golisano 10% owner | Sep 28, 2026 | Gift | −562,635 | $99.91 | $56.21M | 35,091,288 |
| B. Thomas Golisano 10% owner | Sep 1, 2026 | Gift | −334 | $127.04 | $42.43K | 37,884 |
| Christopher C. Simmons VP, Controller & Treasurer | Aug 14, 2026 | Tax withholding | −130 | $122.02 | $15.86K | 3,290 |
| Joseph Doody Director | Jul 20, 2026 | Other | −164 | – | – | 725 |
| Joseph Doody Director | Jul 20, 2026 | Other | +164 | – | – | 23,922 |
| Robert L. Schrader Sr. VP, CFO | Jul 20, 2026 | Sale | −2,600 | $115.09 | $299.23K | 18,547 |
| Martin Mucci Director | Jul 17, 2026 | Gift | −9,309 | $113.98 | $1.06M | 434,891 |
| Christopher C. Simmons VP, Controller & Treasurer | Jul 17, 2026 | Sale | −2,615 | $115.92 | $303.13K | 3,420 |
| Elizabeth Roaldsen Sr. Vice President | Jul 15, 2026 | Tax withholding | −2,383 | $110.00 | $262.13K | 6,952 |
| Chad C. Parodi SVP, HCM, PEO & Insurance | Jul 15, 2026 | Tax withholding | −300 | $110.00 | $33.00K | 6,036 |
| Chad C. Parodi SVP, HCM, PEO & Insurance | Jul 15, 2026 | Award | +2,727 | – | – | 8,763 |
| Ryan Norman Bergstrom Chief Product Officer | Jul 15, 2026 | Tax withholding | −303 | $110.00 | $33.33K | 41,279 |
| Ryan Norman Bergstrom Chief Product Officer | Jul 15, 2026 | Award | +3,409 | – | – | 44,688 |
| Christopher C. Simmons VP, Controller & Treasurer | Jul 15, 2026 | Tax withholding | −1,172 | $110.00 | $128.92K | 4,217 |
| Christopher C. Simmons VP, Controller & Treasurer | Jul 15, 2026 | Award | +1,818 | – | – | 6,035 |
| Mason Argiropoulos VP, Chief HR Officer | Jul 15, 2026 | Award | +2,182 | – | – | 5,219 |
| Mason Argiropoulos VP, Chief HR Officer | Jul 15, 2026 | Tax withholding | −386 | $110.00 | $42.46K | 3,037 |
| John B. Gibson President and CEO | Jul 15, 2026 | Award | +14,318 | – | – | 81,366 |
| John B. Gibson President and CEO | Jul 15, 2026 | Tax withholding | −14,083 | $110.00 | $1.55M | 67,048 |
| Robert L. Schrader Sr. VP, CFO | Jul 15, 2026 | Tax withholding | −2,382 | $110.00 | $262.02K | 16,783 |
| Robert L. Schrader Sr. VP, CFO | Jul 15, 2026 | Award | +4,364 | – | – | 21,147 |
| Adam Brooks Ante Sr. Vice President, Paycor | Jul 15, 2026 | Tax withholding | −299 | $110.00 | $32.89K | 52,566 |
| Adam Brooks Ante Sr. Vice President, Paycor | Jul 15, 2026 | Award | +3,409 | – | – | 55,975 |
| Prabha S. Bhandari Chief Legal Officer, Secretary | Jul 15, 2026 | Tax withholding | −282 | $110.00 | $31.02K | 1,664 |
| Martin Mucci Director | Jul 14, 2026 | Sale | −25,000 | $109.93 | $2.75M | 444,200 |
| Martin Mucci Director | Jul 14, 2026 | Option exercise | +214,482 | $57.24 | $12.28M | 632,529 |
| Martin Mucci Director | Jul 14, 2026 | Tax withholding | −163,329 | $109.92 | $17.95M | 469,200 |
| Ryan Norman Bergstrom Chief Product Officer | Jul 1, 2026 | Tax withholding | −2,090 | $102.71 | $214.66K | 41,582 |
| Adam Brooks Ante Sr. Vice President, Paycor | Jul 1, 2026 | Tax withholding | −2,678 | $102.71 | $275.06K | 52,865 |
| Joseph M. Tucci Director | Jun 26, 2026 | Sale | −3,907 | $98.25 | $383.86K | 67,364 |
| Joseph M. Tucci Director | Jun 26, 2026 | Option exercise | +10,220 | $60.59 | $619.23K | 77,584 |
| Joseph M. Tucci Director | Jun 26, 2026 | Tax withholding | −6,313 | $98.10 | $619.31K | 71,271 |
| B. Thomas Golisano 10% owner | Jun 1, 2026 | Gift | −1,032 | $96.98 | $100.08K | 38,218 |
| Elizabeth Roaldsen Sr. Vice President | May 13, 2026 | Sale | −459 | $90.00 | $41.31K | 9,335 |
| Joseph M. Velli Director | May 8, 2026 | Option exercise | +10,220 | $60.59 | $619.23K | 89,564 |
| B. Thomas Golisano 10% owner | May 6, 2026 | Gift | −109,300 | $91.27 | $9.98M | 35,653,923 |
| B. Thomas Golisano 10% owner | May 4, 2026 | Gift | −163,930 | $93.21 | $15.28M | 35,763,223 |
| Mason Argiropoulos VP, Chief HR Officer | Apr 15, 2026 | Tax withholding | −79 | $90.26 | $7.13K | 3,423 |
| Adam Brooks Ante Sr. Vice President, Paycor | Apr 1, 2026 | Tax withholding | −2,249 | $90.91 | $204.46K | 55,543 |
| Ryan Norman Bergstrom Chief Product Officer | Apr 1, 2026 | Tax withholding | −1,374 | $90.91 | $124.91K | 43,672 |
| B. Thomas Golisano 10% owner | Mar 3, 2026 | Gift | −1,104 | $93.65 | $103.39K | 39,250 |
| Joseph Doody Director | Feb 4, 2026 | Buy | +1,000 | $98.76 | $98.76K | 1,000 |
| Tom Bonadio Director | Feb 4, 2026 | Buy | +1,000 | $98.50 | $98.50K | 21,504 |
| B. Thomas Golisano 10% owner | Jan 30, 2026 | Gift | −26,130 | $102.13 | $2.67M | 35,917,763 |
| B. Thomas Golisano 10% owner | Jan 23, 2026 | Gift | −9,390 | $107.17 | $1.01M | 35,943,893 |
| B. Thomas Golisano 10% owner | Jan 21, 2026 | Gift | −239,845 | $107.77 | $25.85M | 35,953,283 |
| Chad C. Parodi SVP, HCM, PEO & Insurance | Jan 15, 2026 | Tax withholding | −347 | $110.51 | $38.35K | 6,336 |
| Adam Brooks Ante Sr. Vice President, Paycor | Dec 31, 2025 | Tax withholding | −1,811 | $112.18 | $203.16K | 57,792 |
| Ryan Norman Bergstrom Chief Product Officer | Dec 31, 2025 | Tax withholding | −1,438 | $112.18 | $161.31K | 45,046 |
| Martin Mucci Director | Dec 23, 2025 | Gift | −8,277 | $114.36 | $946.56K | 418,047 |
| B. Thomas Golisano 10% owner | Dec 1, 2025 | Gift | −923 | $111.41 | $102.83K | 40,354 |
| B. Thomas Golisano 10% owner | Nov 12, 2025 | Gift | −234,276 | $111.40 | $26.10M | 36,193,128 |
| B. Thomas Golisano 10% owner | Nov 10, 2025 | Gift | −212,980 | $111.45 | $23.74M | 36,427,404 |
| B. Thomas Golisano 10% owner | Oct 28, 2025 | Gift | −200 | $123.87 | $24.77K | 36,640,384 |
| B. Thomas Golisano 10% owner | Oct 22, 2025 | Gift | −302,050 | $127.54 | $38.52M | 36,640,584 |
| Tom Bonadio Director | Oct 15, 2025 | Award | +725 | – | – | 20,504 |
| Elizabeth Roaldsen Sr. Vice President | Oct 15, 2025 | Tax withholding | −41 | $127.52 | $5.23K | 9,794 |
| Joseph M. Velli Director | Oct 15, 2025 | Award | +725 | – | – | 79,344 |
| John B. Gibson President and CEO | Oct 15, 2025 | Tax withholding | −624 | $127.52 | $79.57K | 81,131 |
| Kevin A. Price Director | Oct 15, 2025 | Award | +725 | – | – | 3,951 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Joseph M. Velli Director | Oct 14, 2026 | 7,839 | $844.07K | Oct 14, 2026 | Stock Option Exercise |
| B. Thomas Golisano 10% Stockholder | Sep 29, 2026 | 562,635 | $56.21M | Sep 28, 2026 | Private Placement |
| Robert L. Schrader Officer | Jul 20, 2026 | 2,600 | $299.24K | Jul 20, 2026 | Restricted Stock Vesting |
| Family Foundation Mucci Director | Jul 17, 2026 | 9,309 | $1.06M | Jul 17, 2026 | Gift |
| Christopher C. Simmons Officer | Jul 17, 2026 | 2,615 | $303.13K | Jul 17, 2026 | Restricted Stock Vesting |
| Martin Mucci Director | Jul 14, 2026 | 25,000 | $2.75M | Jul 14, 2026 | Stock Option Exercise |
| Joseph M. Tucci Director | Jun 26, 2026 | 3,907 | $383.89K | Jun 26, 2026 | Stock Option Exercise |
| Elizabeth Roaldsen Officer | May 13, 2026 | 459 | $41.31K | May 13, 2026 | Restricted Stock Vesting |
| B. Golisano Thomas 10% OWNER | May 8, 2026 | 109,300 | $9.98M | May 6, 2026 | Private Placement |
| B. Golisano Thomas 10% Owner | May 5, 2026 | 163,930 | $15.28M | May 4, 2026 | Private Placement |
| B. Thomas Golisano 10% Stockholder | Feb 2, 2026 | 26,130 | $2.67M | Jan 30, 2026 | Private Placement |
| Thomas Golisano B 10% Stockholder | Jan 23, 2026 | 249,235 | $26.86M | Jan 21, 2026 | Private Placement |
| Thomas Golisano Revocable Living Trust B 10% Stockholder | Nov 12, 2025 | 234,276 | $26.10M | Nov 12, 2025 | Private Placement |
| Thomas Golisano Revocable Living Trust B. 10% stockowner | Nov 12, 2025 | 212,980 | $23.73M | Nov 12, 2025 | Private Placement |
| Thomas Golisano Revocable Living Trust B. 10% stock owner | Oct 24, 2025 | 302,050 | $37.83M | Oct 24, 2025 | Private Placement |