SCHEDULE: BlackRock Discloses 10.6% Stake in Paycom Software

Sentiment:

Beneficial Ownership Filing (Schedule 13G)


BlackRock, Inc. has reported beneficial ownership of 10.6% of Paycom Software, Inc.'s common stock as of March 31, 2026.

Summary

  • BlackRock, Inc. has filed a Schedule 13G, indicating its beneficial ownership of Paycom Software, Inc. common stock.
  • As of March 31, 2026, BlackRock beneficially owns 5,763,274 shares, representing 10.6% of the class.
  • The filing specifies that BlackRock has sole voting power over 5,612,689 shares and sole dispositive power over 5,763,274 shares.
  • The reporting entity is BlackRock, Inc., organized in Delaware.
  • The filing clarifies that this Schedule 13G reflects securities beneficially owned by certain reporting business units of BlackRock, Inc. and its subsidiaries and affiliates, excluding securities owned by other business units whose ownership is disaggregated.
  • iShares Core S&P Small-Cap ETF is identified as having an interest of more than five percent in the common stock of Paycom Software, Inc.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership by a major institutional investor and does not provide new operational or financial information about the company.

Positives

  • BlackRock's significant stake suggests confidence in Paycom Software's long-term prospects.
  • The filing indicates a substantial investment by a major institutional investor.

Negatives

  • The filing is a routine disclosure of beneficial ownership and does not inherently contain negative financial information about Paycom Software.

Risks

  • The filing does not explicitly mention any risks related to Paycom Software's business operations or financial performance.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance from Paycom Software, Inc.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for large institutional investors like BlackRock when their ownership stake in a public company crosses a certain threshold. This filing indicates BlackRock's significant position in the human capital management software sector, where Paycom Software operates.

Stakeholder Impact

  • Shareholders: The filing confirms a significant institutional holding, which can be viewed positively by some investors as a sign of confidence, but it does not directly impact current operations or immediate shareholder value.
  • Management: The filing does not directly impact management, other than acknowledging BlackRock's position as a major shareholder.
  • Employees: No direct impact on employees is indicated by this filing.
  • Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

  • BlackRock will continue to hold and potentially adjust its stake in Paycom Software, Inc.
  • Future filings will be made if BlackRock's ownership percentage changes significantly.

Key Dates

DateDescription
04/30/2023Previous Power of Attorney dated for BlackRock, Inc.
01/21/2025Effective date of the current Power of Attorney for BlackRock, Inc.
03/31/2026Date of Event Which Requires Filing of this Statement (Reporting Date)
04/07/2026Date of Certification by BlackRock, Inc.

Keywords

Schedule 13G, BlackRock, Paycom Software, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing, Investment Management

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