Elevate Capital Advisors LLC Has $3.79 Million Stake in Automatic Data Processing, Inc. $ADP

Elevate Capital Advisors LLC increased its holdings in Automatic Data Processing, Inc. (NASDAQ:ADP) by 252.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,899 shares of the business services provider’s stock after acquiring an additional 9,234 shares during the quarter. Automatic Data Processing comprises approximately 2.6% of Elevate Capital Advisors LLC’s portfolio, making the stock its 8th biggest position. Elevate Capital Advisors LLC’s holdings in Automatic Data Processing were worth $3,786,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in ADP. Exchange Traded Concepts LLC increased its position in shares of Automatic Data Processing by 141.5% during the third quarter. Exchange Traded Concepts LLC now owns 13,283 shares of the business services provider’s stock valued at $3,899,000 after acquiring an additional 7,782 shares in the last quarter. Treasurer of the State of North Carolina boosted its stake in Automatic Data Processing by 35.2% during the 2nd quarter. Treasurer of the State of North Carolina now owns 312,473 shares of the business services provider’s stock valued at $96,367,000 after purchasing an additional 81,323 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in Automatic Data Processing by 17.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 13,956 shares of the business services provider’s stock valued at $4,096,000 after purchasing an additional 2,075 shares during the last quarter. Peak Financial Advisors LLC bought a new stake in shares of Automatic Data Processing in the 3rd quarter worth $2,309,000. Finally, MGO One Seven LLC raised its stake in shares of Automatic Data Processing by 18.3% in the second quarter. MGO One Seven LLC now owns 13,578 shares of the business services provider’s stock worth $4,187,000 after purchasing an additional 2,105 shares during the last quarter. 80.03% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ADP has been the topic of several recent analyst reports. Wells Fargo & Company dropped their price objective on Automatic Data Processing from $288.00 to $272.00 and set an “underweight” rating on the stock in a research report on Thursday, October 30th. Weiss Ratings restated a “hold (c+)” rating on shares of Automatic Data Processing in a research note on Monday, December 29th. Citigroup assumed coverage on shares of Automatic Data Processing in a research note on Thursday, October 23rd. They issued a “neutral” rating and a $303.00 price target for the company. JPMorgan Chase & Co. decreased their price objective on shares of Automatic Data Processing from $340.00 to $295.00 and set an “underweight” rating for the company in a report on Thursday, October 30th. Finally, UBS Group lowered their price objective on shares of Automatic Data Processing from $315.00 to $290.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 17th. Two equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, Automatic Data Processing presently has a consensus rating of “Hold” and a consensus target price of $306.42.

Insiders Place Their Bets

In other Automatic Data Processing news, VP Christopher D’ambrosio sold 543 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $262.29, for a total value of $142,423.47. Following the completion of the sale, the vice president owned 9,998 shares in the company, valued at $2,622,375.42. This represents a 5.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP David Kwon sold 900 shares of the firm’s stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $260.00, for a total value of $234,000.00. Following the completion of the transaction, the vice president directly owned 11,993 shares in the company, valued at $3,118,180. This trade represents a 6.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 2,249 shares of company stock worth $589,852. 0.20% of the stock is owned by insiders.

Automatic Data Processing News Roundup

Here are the key news stories impacting Automatic Data Processing this week:

• Positive Sentiment: Board authorizes $6.0 billion share repurchase (up to ~5.8% of outstanding stock) — buybacks reduce share count and signal management believes shares are undervalued, which typically supports the stock and EPS. ADP AUTHORIZED TO PURCHASE $6 BILLION OF ITS COMMON STOCK
• Positive Sentiment: Board declares regular quarterly dividend of $1.70/share payable April 1, 2026 — steady dividend income and a raised/maintained payout tend to attract income-oriented investors and signal confidence in cash flow. ADP Declares Regular Quarterly Dividend
• Neutral Sentiment: ADP National Employment Report (NER Pulse) shows private employers adding ~11,750 jobs per week (four weeks ending Dec 20, 2025) — reinforces ADP’s core data business and demand for payroll/HR services but is not a direct earnings driver in the near term. ADP National Employment Report Preliminary Estimate December 20, 2025
• Neutral Sentiment: Coverage and analyst target shifts are getting attention — analyst reassessments can move sentiment but the net impact depends on whether targets are raised or lowered; watch for specific rating/target changes. How The Story Behind Automatic Data Processing (ADP) Is Shifting With New Analyst Targets
• Negative Sentiment: Insider sales: VP David Kwon sold 806 shares (~$213k) on Jan 12 (reducing his stake ~6.7%) — single executive sales can be perceived negatively if viewed as lack of conviction, though the position remains sizable. SEC Filing — David Kwon Sale
• Negative Sentiment: Insider sales: VP Christopher D’ambrosio sold 543 shares (~$142k) on Jan 13 (reducing his stake ~5.2%) — another modest, routine sale that investors may note but is small relative to overall float. SEC Filing — Christopher D’ambrosio Sale

Automatic Data Processing Price Performance

NASDAQ ADP opened at $258.50 on Thursday. The company has a 50-day moving average price of $257.64 and a 200-day moving average price of $282.05. Automatic Data Processing, Inc. has a 52 week low of $247.18 and a 52 week high of $329.93. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $104.55 billion, a P/E ratio of 25.52 and a beta of 0.86.

Automatic Data Processing (NASDAQ:ADP) last posted its quarterly earnings data on Wednesday, October 29th. The business services provider reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.44 by $0.05. Automatic Data Processing had a net margin of 19.79% and a return on equity of 70.63%. The company had revenue of $5.18 billion for the quarter, compared to the consensus estimate of $5.14 billion. During the same quarter last year, the firm posted $2.33 earnings per share. The firm’s revenue was up 7.1% compared to the same quarter last year. Automatic Data Processing has set its FY 2026 guidance at 10.811-11.011 EPS. Equities research analysts anticipate that Automatic Data Processing, Inc. will post 9.93 earnings per share for the current year.

Automatic Data Processing Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Friday, December 12th were paid a $1.70 dividend. This is a positive change from Automatic Data Processing’s previous quarterly dividend of $1.54. The ex-dividend date was Friday, December 12th. This represents a $6.80 annualized dividend and a dividend yield of 2.6%. Automatic Data Processing’s dividend payout ratio (DPR) is currently 67.13%.

Automatic Data Processing announced that its Board of Directors has initiated a share buyback program on Wednesday, January 14th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the business services provider to repurchase up to 5.8% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors believes its stock is undervalued.

Automatic Data Processing Profile

Automatic Data Processing, Inc (ADP) is a global provider of cloud-based human capital management (HCM) and payroll solutions. Founded in 1949 and headquartered in Roseland, New Jersey, ADP began as a payroll processing company and has evolved into a diversified provider of workforce management, HR, benefits administration, tax and compliance services, and analytics for employers of all sizes.

ADP’s product portfolio includes payroll processing and tax filing, time and attendance systems, benefits administration, talent management, and HR outsourcing.