Investment
Features
FeesSafety
Academy
More
Pluang+

Nordea trims Paychex stake by 8.2%, shares rise amid solid earnings and $1B buyback plan

Market News
23 Mar 2026
Defense World
View Source
Bullish
pluang ai news

Nordea Investment Management reduced its holdings in Paychex by 8.2% in Q4, selling over 100,000 shares. Despite this, Paychex shares rose slightly following strong quarterly earnings that beat estimates, with revenue up 18.3% year-over-year. The company also announced a $1 billion stock buyback program and maintains a 4.7% dividend yield. Analysts remain mixed, with price targets lowered but the company showing solid financial health and growth prospects.

More News (PAYX)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App