Reinhart Buys $95M of Paycom Shares as Q4 Revenue Rises 10%
Reinhart Partners bought $95.3 million of Paycom shares in Q4 2025, boosting its stake to 2.9% while the stock has fallen 70% since 2021 as revenue growth slowed under 10% from 30%. Paycom’s Q4 revenue rose 10% with expanded margins and it issued a 2026 outlook, yet analysts trimmed forecasts.
1. Reinhart Partners Acquires Shares
Reinhart Partners purchased 537,726 Paycom shares valued at $95.28 million in Q4 2025, boosting its stake to 2.9% of fund assets despite a 70% stock decline since 2021.
2. Q4 Earnings and Guidance
Paycom delivered a 10% year-over-year revenue increase with expanded operating margins in the fourth quarter and provided an initial outlook for fiscal 2026.
3. Analyst Forecast Cuts
Analysts responded to the earnings report by lowering their revenue and earnings projections, reflecting caution over decelerating top-line growth.
4. Growth Slowdown and AI Disruption Concerns
Revenue growth has decelerated from 30% to below 10%, and there are rising worries that artificial intelligence developments could undercut Paycom’s SaaS payroll and HR services model.