Archford Capital Strategies LLC Has $245,000 Position in Automatic Data Processing, Inc. $ADP

Archford Capital Strategies LLC cut its stake in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 88.0% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 951 shares of the business services provider’s stock after selling 6,983 shares during the period. Archford Capital Strategies LLC’s holdings in Automatic Data Processing were worth $245,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Imprint Wealth LLC acquired a new stake in shares of Automatic Data Processing during the 3rd quarter valued at $25,000. Howard Hughes Medical Institute acquired a new position in shares of Automatic Data Processing in the second quarter worth $27,000. TruNorth Capital Management LLC purchased a new stake in shares of Automatic Data Processing during the third quarter worth $28,000. Cloud Capital Management LLC purchased a new stake in shares of Automatic Data Processing during the third quarter worth $29,000. Finally, Y.D. More Investments Ltd acquired a new stake in Automatic Data Processing during the third quarter valued at $32,000. Institutional investors and hedge funds own 80.03% of the company’s stock.

Key Stories Impacting Automatic Data Processing

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

• Positive Sentiment: ADP’s own March National Employment Report showed private sector employment rose +62,000 and annual pay was up 4.5%, data that supports continued demand for payroll and HR services. ADP National Employment Report
• Positive Sentiment: ADP research shows small private firms (sub-50 employees) drove the bulk of payroll gains last month (+85k in a cited dataset), a favorable trend for ADP’s SMB-facing products. No Foolin’: ADP Jobs Led by Small Companies
• Positive Sentiment: Analyst commentary urging investors to retain ADP points to steady revenue growth, rising EPS outlook and a strong dividend track record — supportive for longer‑term holders. Here’s Why You Should Retain ADP Stock
• Neutral Sentiment: UBS reaffirmed a Hold rating on ADP, signaling no immediate upside from that shop but not a fresh sell signal either. UBS Reaffirms Hold on ADP
• Negative Sentiment: Investors advanced an ERISA suit over ADP 401(k) plan fees — potential legal exposure and reputational risk that can pressure the stock. ADP 401(k) Investors Advance ERISA Suit
• Negative Sentiment: Wells Fargo cut its price target sharply (to $214 from $262) and reiterated an Underweight rating, citing multiple‑compression — a clear near‑term headwind for investor sentiment. Wells Fargo Cuts Price Target on ADP
• Negative Sentiment: Short interest in ADP rose ~18% in March, indicating increasing bearish bets that can amplify downside pressure if sentiment deteriorates. ADP Short Interest Up 18%
• Negative Sentiment: High‑profile criticism from commentators (e.g., Jim Cramer) that the company can be “disenfranchised” like peers may accelerate fund flow out of the name and weigh on retail sentiment. Jim Cramer on ADP

Insider Activity

In other Automatic Data Processing news, VP Brian L. Michaud sold 1,000 shares of the business’s stock in a transaction on Friday, February 6th. The shares were sold at an average price of $234.18, for a total transaction of $234,180.00. Following the completion of the transaction, the vice president owned 15,310 shares of the company’s stock, valued at $3,585,295.80. The trade was a 6.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David Kwon sold 806 shares of the company’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $264.80, for a total transaction of $213,428.80. Following the sale, the vice president owned 11,187 shares of the company’s stock, valued at $2,962,317.60. This trade represents a 6.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,058 shares of company stock valued at $1,000,263 in the last quarter. 0.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on ADP shares. Stifel Nicolaus reduced their price target on Automatic Data Processing from $280.00 to $270.00 and set a “hold” rating for the company in a report on Monday, February 9th. Morgan Stanley dropped their price objective on Automatic Data Processing from $311.00 to $274.00 and set an “equal weight” rating on the stock in a report on Thursday, January 29th. Jefferies Financial Group reaffirmed an “underperform” rating and set a $230.00 price objective (down from $245.00) on shares of Automatic Data Processing in a research report on Tuesday, December 16th. Guggenheim initiated coverage on shares of Automatic Data Processing in a research note on Thursday, March 19th. They issued a “buy” rating and a $270.00 target price for the company. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Automatic Data Processing in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $284.77.

Automatic Data Processing Stock Performance

Shares of NASDAQ ADP opened at $201.28 on Thursday. The business’s 50-day simple moving average is $220.50 and its 200-day simple moving average is $251.46. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.03 and a current ratio of 1.03. Automatic Data Processing, Inc. has a 52 week low of $197.08 and a 52 week high of $329.93. The firm has a market cap of $81.04 billion, a price-to-earnings ratio of 19.35 and a beta of 0.86.

Automatic Data Processing (NASDAQ:ADP) last posted its earnings results on Wednesday, January 28th. The business services provider reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.05. The firm had revenue of $5.36 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 6.2% on a year-over-year basis. During the same period in the previous year, the company earned $2.35 EPS. Automatic Data Processing has set its FY 2026 guidance at 10.091-11.011 EPS. As a group, equities research analysts expect that Automatic Data Processing, Inc. will post 9.93 earnings per share for the current fiscal year.

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

Automatic Data Processing Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Friday, March 13th were issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend was Friday, March 13th. Automatic Data Processing’s dividend payout ratio is currently 65.38%.

Automatic Data Processing Company 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.