Automatic Data Processing, Inc. $ADP Shares Sold by Advisors Asset Management Inc.

Advisors Asset Management Inc. lessened its holdings in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 7.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 36,311 shares of the business services provider’s stock after selling 2,849 shares during the quarter. Advisors Asset Management Inc.’s holdings in Automatic Data Processing were worth $10,657,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of ADP. Brighton Jones LLC grew its holdings in Automatic Data Processing by 92.1% in the 4th quarter. Brighton Jones LLC now owns 10,026 shares of the business services provider’s stock valued at $2,935,000 after buying an additional 4,808 shares in the last quarter. Bison Wealth LLC grew its stake in shares of Automatic Data Processing by 22.8% in the 4th quarter. Bison Wealth LLC now owns 3,664 shares of the business services provider’s stock valued at $1,073,000 after buying an additional 681 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of Automatic Data Processing by 17.7% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 11,949 shares of the business services provider’s stock worth $3,685,000 after buying an additional 1,799 shares during the last quarter. Moran Wealth Management LLC raised its position in shares of Automatic Data Processing by 32.1% during the 2nd quarter. Moran Wealth Management LLC now owns 17,526 shares of the business services provider’s stock valued at $5,405,000 after buying an additional 4,255 shares during the period. Finally, Sagespring Wealth Partners LLC lifted its holdings in Automatic Data Processing by 12.1% in the second quarter. Sagespring Wealth Partners LLC now owns 8,381 shares of the business services provider’s stock valued at $2,585,000 after acquiring an additional 905 shares during the last quarter. 80.03% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP David Kwon sold 806 shares of the company’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $264.80, for a total value of $213,428.80. Following the transaction, the vice president owned 11,187 shares of the company’s stock, valued at approximately $2,962,317.60. This represents a 6.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP David Foskett sold 266 shares of the business’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $237.00, for a total value of $63,042.00. Following the completion of the sale, the vice president owned 10,954 shares of the company’s stock, valued at $2,596,098. The trade was a 2.37% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 3,515 shares of company stock worth $887,074. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on ADP. JPMorgan Chase & Co. cut their target price on Automatic Data Processing from $295.00 to $275.00 and set an “underweight” rating for the company in a research note on Thursday, January 29th. Wells Fargo & Company cut their price objective on Automatic Data Processing from $272.00 to $262.00 and set an “underweight” rating for the company in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Automatic Data Processing in a research report on Monday, December 29th. Morgan Stanley dropped their price target on shares of Automatic Data Processing from $311.00 to $274.00 and set an “equal weight” rating for the company in a research report on Thursday, January 29th. Finally, Cantor Fitzgerald assumed coverage on shares of Automatic Data Processing in a research note on Tuesday, January 27th. They issued an “overweight” rating and a $306.00 price target on the stock. Two investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Automatic Data Processing has an average rating of “Hold” and an average price target of $290.00.

Automatic Data Processing News Roundup

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

• Positive Sentiment: Recent fundamentals remain constructive: ADP reported a quarterly beat and issued FY2026 EPS guidance in early Q4 reporting, and the board approved a $6.0B buyback and a $1.70 quarterly dividend — items that support long-term shareholder value.
• Positive Sentiment: ADP’s weekly National Employment Report showed U.S. private employers adding ~6,500 jobs/week (four weeks ending Jan 24), which underscores continued demand for payroll/HCM services. ADP NER PR
• Neutral Sentiment: Commentary suggests HCM names may be oversold after a strong jobs report; this could imply a buying opportunity or continued volatility depending on macro trends. Zacks HCM piece
• Neutral Sentiment: Recent short-interest data include conflicting reports (some data show 0 shares — likely a reporting anomaly). Treat those zero figures with caution while relying on verified mid-January/late-January reads.
• Negative Sentiment: Analyst pressure: Stifel cut its price target to $270 (hold), and several other shops lowered targets in late January — analyst downgrades/target trims can trigger selling. Stifel price-target cut
• Negative Sentiment: Insider selling headlines — a VP sold 266 shares (small dollar amount) and other reports flagged insider disposition; media coverage of insider sales can amplify negative sentiment even when transactions are modest. InsiderTrades filing Yahoo: insider holdings sold
• Negative Sentiment: Raised short interest in late January: ~8.9M shares were reported sold short (~2.2% of shares), with a ~3.2 days-to-cover — an increase in bearish positioning can magnify downward pressure during market stress.

Automatic Data Processing Trading Down 3.5%

ADP opened at $217.57 on Thursday. Automatic Data Processing, Inc. has a 52-week low of $216.65 and a 52-week high of $329.93. The firm’s 50 day moving average is $254.54 and its 200-day moving average is $273.77. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $87.60 billion, a P/E ratio of 20.92 and a beta of 0.85.

Automatic Data Processing (NASDAQ:ADP) last issued its earnings results on Wednesday, January 28th. The business services provider reported $2.62 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.57 by $0.05. The business had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $5.34 billion. Automatic Data Processing had a return on equity of 68.44% and a net margin of 19.96%.The company’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the previous year, the firm posted $2.35 EPS. Automatic Data Processing has set its FY 2026 guidance at 10.091-11.011 EPS. Analysts expect that Automatic Data Processing, Inc. will post 9.93 EPS for the current fiscal year.

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

Automatic Data Processing Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, March 13th. Automatic Data Processing’s payout ratio is presently 65.38%.

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.