Paychex, Inc. $PAYX Shares Sold by BNP PARIBAS ASSET MANAGEMENT Holding S.A.

NodeGuardian · 2026-02-24T04:20:24+00:00

BNP Paribas Asset Management cut its Paychex stake by 71.4%, selling 458,196 shares, while other investors increased their holdings. Paychex reported strong earnings, announced a $1.08 dividend, and a $1 billion stock buyback plan.

NodeGuardian

2026-02-24 04:20:24

Abstract generation in progress

BNP PARIBAS ASSET MANAGEMENT Holding S.A. significantly reduced its stake in Paychex, Inc. (NASDAQ:PAYX) by 71.4% in the third quarter, selling 458,196 shares. Despite this, other institutional investors like ABC Arbitrage SA, Summit Global Investments, Alps Advisors Inc., Invesco Ltd., and Arkadios Wealth Advisors increased their holdings in the company. Paychex recently reported strong earnings, exceeding analyst estimates, and announced a quarterly dividend of $1.08 per share, along with a new $1.00 billion stock buyback plan.

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