Cibc World Market Inc. Buys 43,438 Shares of Automatic Data Processing, Inc. $ADP

Cibc World Market Inc. raised its stake in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 86.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 93,586 shares of the business services provider’s stock after purchasing an additional 43,438 shares during the period. Cibc World Market Inc.’s holdings in Automatic Data Processing were worth $27,467,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in ADP. Laurel Wealth Advisors LLC increased its stake in Automatic Data Processing by 30,110.7% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,668,758 shares of the business services provider’s stock worth $1,439,845,000 after acquiring an additional 4,653,304 shares during the last quarter. Norges Bank bought a new stake in Automatic Data Processing in the second quarter worth $696,841,000. Amundi raised its stake in Automatic Data Processing by 24.9% during the second quarter. Amundi now owns 3,109,120 shares of the business services provider’s stock valued at $948,549,000 after purchasing an additional 619,829 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Automatic Data Processing by 26.6% during the second quarter. JPMorgan Chase & Co. now owns 2,812,637 shares of the business services provider’s stock valued at $867,445,000 after purchasing an additional 591,800 shares during the last quarter. Finally, Invesco Ltd. grew its stake in shares of Automatic Data Processing by 13.5% in the 2nd quarter. Invesco Ltd. now owns 4,576,681 shares of the business services provider’s stock worth $1,411,449,000 after buying an additional 544,968 shares in the last quarter. 80.03% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Automatic Data Processing news, VP David Foskett sold 266 shares of the business’s stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $237.00, for a total value of $63,042.00. Following the completion of the transaction, the vice president directly owned 10,954 shares in the company, valued at approximately $2,596,098. The trade was a 2.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Christopher D’ambrosio sold 543 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $262.29, for a total transaction of $142,423.47. Following the sale, the vice president directly owned 9,998 shares of the company’s stock, valued at approximately $2,622,375.42. The trade was a 5.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 3,515 shares of company stock worth $887,074 over the last ninety days. 0.20% of the stock is currently owned by company insiders.

Key Automatic Data Processing News

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%

NASDAQ ADP opened at $217.57 on Thursday. Automatic Data Processing, Inc. has a one year low of $216.65 and a one year high of $329.93. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market capitalization of $87.60 billion, a price-to-earnings ratio of 20.92 and a beta of 0.85. The company’s 50-day simple moving average is $254.54 and its two-hundred day simple moving average is $273.77.

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

Automatic Data Processing announced that its board has authorized a share buyback program on Wednesday, January 14th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the business services provider to buy up to 5.8% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Automatic Data Processing Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Jefferies Financial Group reaffirmed an “underperform” rating and issued a $230.00 price target (down previously from $245.00) on shares of Automatic Data Processing in a report on Tuesday, December 16th. Citigroup lowered their price objective on Automatic Data Processing from $303.00 to $265.00 and set a “neutral” rating for the company in a research note on Thursday, January 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Automatic Data Processing in a research report on Monday, December 29th. Morgan Stanley lowered their price target on 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, Wells Fargo & Company reduced their target price on shares of Automatic Data Processing from $272.00 to $262.00 and set an “underweight” rating on the stock in a research note on Thursday, January 29th. Two equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $290.00.

About Automatic Data Processing

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.