PAYCHEX INC

Ticker: PAYX CUSIP: 704326107 Class: COM

Goelzer Investment Management, Inc.'s Holding History (CIK: 0001550057)

Note: Option positions (PUT/CALL) are excluded.

Q3 2025

Shares 1,672 Value ($000) $212 Avg Close $137.17 Range $117.88 - $146.69

Q2 2025

Shares 1,630 Value ($000) $237 Avg Close $147.52 Range $131.76 - $158.49

Q1 2025

Shares 1,630 Value ($000) $251 Avg Close $143.17 Range $130.91 - $154.56

Q4 2024

Shares 1,630 Value ($000) $229 Avg Close $137.31 Range $127.32 - $146.13

Q3 2024

Shares 1,630 Value ($000) $219 Avg Close $121.91 Range $110.27 - $132.34

Q1 2024

Shares 1,630 Value ($000) $200 Avg Close $114.65 Range $109.88 - $118.72

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	1,672	$212	$137.17	$117.88 - $146.69
Q2 2025	1,630	$237	$147.52	$131.76 - $158.49
Q1 2025	1,630	$251	$143.17	$130.91 - $154.56
Q4 2024	1,630	$229	$137.31	$127.32 - $146.13
Q3 2024	1,630	$219	$121.91	$110.27 - $132.34
Q1 2024	1,630	$200	$114.65	$109.88 - $118.72