Fifth Third Wealth Advisors 13F: Adds $877K to PAYX Stake

Fifth Third Wealth Advisors boosted its holdings in Paychex, Inc. (NasdaqGS: PAYX) by 8,900 shares during the quarter, bringing its total investment to 12,935 shares. According to a Form 13F filing with the SEC on October 22, 2026, the reported value of the position reached $1,274,097. That works out to a 220.6% increase compared to the prior holding of 4,035 shares.

PAYX Paychex, Inc.

$117.90 ▲ +12.26% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Other Institutional Activity in Paychex, Inc.

Other major institutional investors also adjusted their positions in the human capital management firm recently. Integrated Advisors Network grew its holdings by 18,494 shares, ending with 22,138 shares worth about $2,180,625 in a report dated October 20, 2026, marking a 507.5% increase. Capital International Investors reduced its stake by 1,108,096 shares to finish with 28,840,445 shares valued at $3,404,326,154, a 3.7% decrease. Federated Hermes, Inc. trimmed its holdings by 3,531 shares, leaving it with 5,881,768 shares worth about $694,283,900 in a report from June 30, 2026, down 0.1%.

Paychex, Inc. Stock Up 4.9%

Paychex recently traded around $118.04 as of October 24, 2026, sitting below its event-day close of $118.81 on October 22, 2026. The stock trades above its 50-day moving average of $113.98 and well above its 200-day moving average of $103.42. Shares have moved between a 52-week low of $85.45 and a 52-week high of $127.98.

Recent Earnings

Paychex provides human resources, payroll processing, and employee benefits for businesses across multiple countries. The company reported trailing twelve-month revenue of $6.60 billion alongside basic earnings per share of $5.04. Profitability metrics show a net profit margin of 27.4% and a return on equity of 47.1%. The next quarterly earnings report is scheduled for release on December 18, 2026.

Dividend

Paychex distributes an annual dividend rate of $4.76 per share, which translates to a dividend yield of 4.01%. The company maintains a dividend payout ratio of 90.1%.

Insider Buying and Selling at Paychex, Inc.

Company insiders completed several stock sales in recent months. Chairman of the Board Martin Mucci sold 25,000 shares on July 14, 2026, at an average price of $109.93 for a total value of $2,748,250. Officer and Treasurer Christopher C Simmons sold 2,615 shares on July 17, 2026, at $115.92 per share for $303,131. Chief Financial Officer Robert L. Schrader sold 2,600 shares on July 20, 2026, at $115.09 for $299,234. Director Joseph M Velli sold 7,839 shares on October 14, 2026, at an average price of $107.68, totaling $844,103.52.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through September 2026. On September 24, 2026, UBS maintained its Neutral rating with a $115.0 target. On the same day, BMO Capital maintained a Market Perform rating and moved its target from $118.0 to $113.0, while Stifel maintained a Hold rating and lowered its target from $130.0 to $112.0. Baird maintained a Neutral rating on September 28, 2026, lowering its target to $110.0 from $125.0. Cantor Fitzgerald maintained an Underweight rating on September 28, 2026, adjusting its target from $112.0 to $96.0. Across 14 analyst opinions, the stock carries a consensus hold recommendation and a mean price target of $113.93.

About Paychex, Inc.

Headquartered in Rochester, New York, Paychex delivers software and advisory solutions for human capital management. Its services cover payroll tax administration, insurance, and retirement services for small and medium-sized businesses. The company employs roughly 17,600 people globally.

Bottom Line

Fifth Third Wealth Advisors expanded its exposure to Paychex significantly during the period. Investors will look toward the upcoming earnings release on December 18, 2026, for updates on revenue growth and margin trends.