Paychex Inc

More Details of Paychex Inc Company

Paychex, Inc. is a human capital management (HCM) company. The Company is engaged in delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. It is a provider of integrated HCM solutions for human resources (HR), payroll, benefits, and insurance for small- to medium-sized businesses in the United States (U.S.) and parts of Europe. It supports its small-business clients by utilizing its proprietary, software as a service (SaaS) Paychex Flex platform and the Company’s SurePayroll SaaS-based solutions. Its HR solutions include HR packages, HR consulting, employee onboarding, hiring services, and artificial intelligence -assisted recruiting. Its payroll services include payroll packages, small business payroll, midsize to enterprise payroll, switch payroll companies, and payroll tax services. Its employee benefits services include Group health insurance, retirement services, and benefits administration services.

Company Info

Company codePAYX

Company namePaychex Inc

IPO dateAug 26, 1983

Founded at1979

CEOMr. John B. Gibson, Jr.

Number of employees16500

Security typeOrdinary Share

Fiscal year-endAug 26

Address911 Panorama Trail S

CityROCHESTER

Stock exchangeNASDAQ Global Select Consolidated

CountryUnited States of America

Postal code14625-0397

Phone15853856666

Websitehttps://www.paychex.com/

Company codePAYX

IPO dateAug 26, 1983

Founded at1979

Company Executives

Name

Name/Position

Position

Shareholding

Change

Mr. Martin (Marty) Mucci

Chairman of the Board

419.92K

-4.45%

Joseph M. Tucci ,

Lead Independent Director

66.47K

+20.89%

Mr. Joseph G. (Joe) Doody

Independent Director

23.76K

--

Mr. Thomas F. (Tom) Bonadio

Independent Director

19.61K

+4.04%

Mr. Michael E. (Mike) Gioja

Senior Vice President - Information Technology and Product Development

17.50K

--

Ms. Kara Wilson

Independent Director

7.37K

+11.52%

Ms. Elizabeth Roaldsen

Senior Vice President - Operations and Customer Experience

3.82K

-1.06%

Mr. Kevin A. Price

Independent Director

3.06K

+33.07%

Mr. Beaumont Vance

Senior Vice President - Data, Analytics and AI

2.99K

-5.35%

Mr. Mason Argiropoulos

Chief Human Resource Officer

2.10K

-3.63%

Name

Name/Position

Position

Shareholding

Change

Mr. Martin (Marty) Mucci

Chairman of the Board

419.92K

-4.45%

Joseph M. Tucci ,

Lead Independent Director

66.47K

+20.89%

Mr. Joseph G. (Joe) Doody

Independent Director

23.76K

--

Mr. Thomas F. (Tom) Bonadio

Independent Director

19.61K

+4.04%

Mr. Michael E. (Mike) Gioja

Senior Vice President - Information Technology and Product Development

17.50K

--

Ms. Kara Wilson

Independent Director

7.37K

+11.52%

Revenue Breakdown

Currency: USDUpdate time: Sun, Apr 6

FY2025Q3

FY2025Q2

FY2025Q1

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2021

By BusinessUSD

Name

Revenue

Proportion

Management Solutions

1.10B

75.08%

PEO & Insurance Services

365.40M

24.92%

No Data

By Business

By Region

By BusinessUSD

Name

Revenue

Proportion

Management Solutions

1.10B

75.08%

PEO & Insurance Services

365.40M

24.92%

Shareholder

Update time: 15 hours ago

Shareholder Statistics

Type

Shareholder Statistics

Shareholder

Proportion

Golisano (B Thomas)

10.35%

The Vanguard Group, Inc.

8.71%

Capital International Investors

7.47%

BlackRock Institutional Trust Company, N.A.

5.13%

State Street Global Advisors (US)

3.78%

Other

64.56%

Shareholder Statistics

Shareholder

Proportion

Golisano (B Thomas)

10.35%

The Vanguard Group, Inc.

8.71%

Capital International Investors

7.47%

BlackRock Institutional Trust Company, N.A.

5.13%

State Street Global Advisors (US)

3.78%

Other

64.56%

Type

Shareholder

Proportion

Investment Advisor

43.20%

Investment Advisor/Hedge Fund

27.27%

Individual Investor

10.63%

Research Firm

6.03%

Pension Fund

2.07%

Bank and Trust

1.75%

Hedge Fund

0.42%

Sovereign Wealth Fund

0.21%

Insurance Company

0.20%

Other

8.22%

Institutional Shareholding

Update time: Sun, Jan 19

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q1

2665

332.33M

92.26%

-385.93K

2024Q4

2682

333.34M

92.57%

-146.97K

2024Q3

2602

328.37M

91.23%

-3.28M

2024Q2

2562

325.69M

90.45%

-2.93M

2024Q1

2559

321.84M

89.41%

-2.30M

2023Q4

2551

317.47M

88.23%

-338.14K

2023Q3

2488

312.79M

86.61%

-7.96M

2023Q2

2459

312.05M

86.56%

-6.31M

2023Q1

2441

314.00M

87.10%

-529.18K

2022Q4

2424

310.84M

86.23%

-1.09M

Shareholder Activity

Name

Shares Held

Proportion

Change

Chg %

Date

Golisano (B Thomas)

37.26M

10.35%

-169.37K

-0.45%

Jan 31, 2025

The Vanguard Group, Inc.

31.38M

8.71%

+180.02K

+0.58%

Dec 31, 2024

Capital International Investors

26.91M

7.47%

+166.16K

+0.62%

Dec 31, 2024

BlackRock Institutional Trust Company, N.A.

18.36M

5.1%

-4.44K

-0.02%

Dec 31, 2024

State Street Global Advisors (US)

13.61M

3.78%

+382.03K

+2.89%

Dec 31, 2024

Charles Schwab Investment Management, Inc.

10.04M

2.79%

+519.76K

+5.46%

Dec 31, 2024

Geode Capital Management, L.L.C.

9.54M

2.65%

+126.96K

+1.35%

Dec 31, 2024

Wells Fargo Advisors

9.25M

2.57%

-90.23K

-0.97%

Dec 31, 2024

Invesco Capital Management (QQQ Trust)

7.44M

2.07%

+99.86K

+1.36%

Feb 28, 2025

Walter Scott & Partners Ltd.

5.24M

1.45%

-396.19K

-7.03%

Dec 31, 2024

Related ETFs

Update time: Fri, May 2

Name

Proportion

Invesco QQQ Low Volatility ETF

4.06%

USCF Dividend Income Fund

4%

Indexperts Quality Earnings Focused ETF

3.54%

Core Alternative ETF

2.85%

Guru Favorite Stocks ETF

2.67%

Bahl & Gaynor Income Growth ETF

2.43%

Invesco Nasdaq Free Cash Flow Achievers ETF

2.34%

Franklin US Low Volatility High Dividend Index ETF

2.29%

First Trust S&P 500 Economic Moat Index ETF

2.16%

Swan Enhanced Dividend Income ETF

2.12%

Invesco QQQ Low Volatility ETF

Proportion4.06%

USCF Dividend Income Fund

Proportion4%

Indexperts Quality Earnings Focused ETF

Proportion3.54%

Core Alternative ETF

Proportion2.85%

Guru Favorite Stocks ETF

Proportion2.67%

Bahl & Gaynor Income Growth ETF

Proportion2.43%

Invesco Nasdaq Free Cash Flow Achievers ETF

Proportion2.34%

Franklin US Low Volatility High Dividend Index ETF

Proportion2.29%

First Trust S&P 500 Economic Moat Index ETF

Proportion2.16%

Swan Enhanced Dividend Income ETF

Proportion2.12%

Dividend

A total of 5.29B USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

Jan 10, 2025

PAYX.NB Final Cash Dividend of gross USD 0.98 paid on Feb 27, 2025 going ex on Feb 07, 2025

Feb 07, 2025

Feb 27, 2025

Feb 07, 2025

Oct 10, 2024

PAYX.NB Interim Cash Dividend of gross USD 0.98 paid on Nov 27, 2024 going ex on Nov 07, 2024

Nov 07, 2024

Nov 27, 2024

Nov 07, 2024

Jul 10, 2024

PAYX.NB Interim Cash Dividend of gross USD 0.98 paid on Aug 29, 2024 going ex on Aug 08, 2024 with reinvestment option

Aug 08, 2024

Aug 29, 2024

Aug 08, 2024

May 01, 2024

PAYX.NB Interim Cash Dividend of gross USD 0.98 paid on May 30, 2024 going ex on May 09, 2024 with reinvestment option

May 10, 2024

May 30, 2024

May 09, 2024

Jan 19, 2024

PAYX.NB Final Cash Dividend of gross USD 0.89 paid on Feb 27, 2024 going ex on Feb 12, 2024 with reinvestment option

Feb 13, 2024

Feb 27, 2024

Feb 12, 2024

Oct 12, 2023

PAYX.NB Interim Cash Dividend of gross USD 0.89 paid on Nov 28, 2023 going ex on Nov 13, 2023 with reinvestment option

Nov 14, 2023

Nov 28, 2023

Nov 13, 2023

Jul 13, 2023

PAYX.NB Interim Cash Dividend of gross USD 0.89 paid on Aug 24, 2023 going ex on Aug 09, 2023 with reinvestment option

Aug 10, 2023

Aug 24, 2023

Aug 09, 2023

Apr 28, 2023

PAYX.NB Interim Cash Dividend of gross USD 0.89 paid on May 25, 2023 going ex on May 10, 2023 with reinvestment option

May 11, 2023

May 25, 2023

May 10, 2023

Jan 20, 2023

PAYX.NB Final Cash Dividend of gross USD 0.79 paid on Feb 23, 2023 going ex on Feb 08, 2023 with reinvestment option

Feb 09, 2023

Feb 23, 2023

Feb 08, 2023

Oct 13, 2022

PAYX.NB Interim Cash Dividend of gross USD 0.79 paid on Nov 23, 2022 going ex on Nov 08, 2022 with reinvestment option

Nov 09, 2022

Nov 23, 2022

Nov 08, 2022

Stock Split

Date

Type

Ratio

No Data

Date

Type

Ratio

No Data

151.080USD

Paychex Inc

151.080

Overview

Company