Leonteq Securities AG Invests $3.05 Million in Automatic Data Processing, Inc. $ADP

Leonteq Securities AG acquired a new position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 11,874 shares of the business services provider’s stock, valued at approximately $3,054,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in shares of Automatic Data Processing by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 41,689,633 shares of the business services provider’s stock worth $12,235,907,000 after purchasing an additional 389,451 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Automatic Data Processing by 1.5% during the 3rd quarter. Capital Research Global Investors now owns 8,021,194 shares of the business services provider’s stock worth $2,354,220,000 after purchasing an additional 116,074 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Automatic Data Processing by 47.8% during the 3rd quarter. Wellington Management Group LLP now owns 6,830,294 shares of the business services provider’s stock worth $2,004,691,000 after purchasing an additional 2,208,927 shares during the last quarter. Invesco Ltd. lifted its stake in shares of Automatic Data Processing by 5.7% during the 3rd quarter. Invesco Ltd. now owns 4,837,993 shares of the business services provider’s stock worth $1,419,951,000 after purchasing an additional 261,312 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Automatic Data Processing by 3.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,323,554 shares of the business services provider’s stock worth $1,264,118,000 after purchasing an additional 136,142 shares during the last quarter. 80.03% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, VP Christopher D’ambrosio sold 543 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $208.45, for a total value of $113,188.35. Following the completion of the transaction, the vice president directly owned 8,912 shares in the company, valued at $1,857,706.40. This trade represents a 5.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.20% of the stock is currently owned by insiders.

Analysts Set New Price Targets

ADP has been the subject of a number of analyst reports. Mizuho decreased their price objective on Automatic Data Processing from $332.00 to $305.00 in a research note on Thursday, April 30th. Wells Fargo & Company upgraded Automatic Data Processing from an “underweight” rating to an “equal weight” rating and set a $214.00 price objective for the company in a research note on Monday. Cantor Fitzgerald decreased their price target on Automatic Data Processing from $306.00 to $244.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Stifel Nicolaus decreased their price target on Automatic Data Processing from $270.00 to $240.00 in a research note on Thursday, April 30th. Finally, BMO Capital Markets decreased their price target on Automatic Data Processing from $281.00 to $234.00 and set a “market perform” rating for the company in a research note on Tuesday, April 7th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $249.00.

Automatic Data Processing Trading Up 0.1%

Automatic Data Processing stock opened at $220.69 on Thursday. The stock has a 50-day moving average of $206.13 and a two-hundred day moving average of $232.52. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.04 and a current ratio of 1.04. Automatic Data Processing, Inc. has a one year low of $188.16 and a one year high of $329.93. The stock has a market cap of $88.22 billion, a PE ratio of 20.59 and a beta of 0.83.

Automatic Data Processing (NASDAQ:ADP) last released its quarterly earnings results on Wednesday, April 29th. The business services provider reported $3.37 EPS for the quarter, beating analysts’ consensus estimates of $3.30 by $0.07. Automatic Data Processing had a return on equity of 68.82% and a net margin of 20.12%.The company had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.85 billion. During the same period last year, the business posted $3.06 earnings per share. The firm’s revenue was up 7.0% compared to the same quarter last year. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. On average, research analysts anticipate that Automatic Data Processing, Inc. will post 11.07 EPS for the current fiscal year.

Automatic Data Processing Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th will be paid a $1.70 dividend. This represents a $6.80 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, June 12th. Automatic Data Processing’s dividend payout ratio (DPR) is presently 63.43%.

Key Stories Impacting Automatic Data Processing

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

• Positive Sentiment: Wells Fargo upgraded Automatic Data Processing (ADP) to Equal Weight, adding to the bullish tone around the stock as analysts become more constructive on its outlook. Wells Fargo upgrades Automatic Data Processing (ADP)
• Positive Sentiment: ADP’s latest earnings-call commentary highlighted AI-related gains and an upgraded outlook, which may be improving investor confidence in future growth and margins. ADP Earnings Call Highlights AI Gains and Upgraded Outlook
• Positive Sentiment: Management has emphasized AI as a “defining moment” for the company, reinforcing the view that automation and product innovation could support longer-term earnings growth. Automatic Data Processing CEO says AI marks ‘defining moment’ as labor market stays muted
• Neutral Sentiment: ADP also published its weekly employment estimate, showing U.S. private employers added an average of 42,250 jobs per week through May 2. The report is supportive of ADP’s data franchise, but it is not a direct earnings catalyst. ADP National Employment Report Preliminary Estimate for May 2, 2026
• Neutral Sentiment: Other coverage focused on whether Wall Street is broadly bullish or bearish on ADP, but did not add a clearly new fundamental catalyst. Automatic Data Processing stock outlook: Is Wall Street bullish or bearish?
• Negative Sentiment: TD Cowen’s move to Hold suggests some analysts see less upside near term, which could temper enthusiasm despite the recent positive news flow. Automatic Data Processing was upgraded by TD Cowen to “hold”

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.