BDFS Capital LLC Acquires New Position in Automatic Data Processing, Inc. $ADP

BDFS Capital LLC acquired a new stake in Automatic Data Processing, Inc. (NASDAQ:ADP) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,327 shares of the business services provider’s stock, valued at approximately $602,000.

A number of other institutional investors have also recently bought and sold shares of ADP. Imprint Wealth LLC bought a new position in shares of Automatic Data Processing in the 3rd quarter worth $25,000. Cornerstone Financial Management LLC acquired a new stake in shares of Automatic Data Processing during the fourth quarter worth $26,000. Bard Associates Inc. bought a new stake in Automatic Data Processing in the fourth quarter valued at about $28,000. Board of the Pension Protection Fund bought a new stake in Automatic Data Processing in the fourth quarter valued at about $31,000. Finally, Y.D. More Investments Ltd acquired a new position in Automatic Data Processing in the third quarter valued at about $32,000. Institutional investors and hedge funds own 80.03% of the company’s stock.

Automatic Data Processing Trading Down 0.2%

Automatic Data Processing stock opened at $218.41 on Friday. The company has a market cap of $87.31 billion, a price-to-earnings ratio of 20.37 and a beta of 0.84. The firm has a 50-day moving average of $213.90 and a 200-day moving average of $228.24. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.04 and a quick ratio of 1.04. Automatic Data Processing, Inc. has a one year low of $188.16 and a one year high of $315.98.

Automatic Data Processing (NASDAQ:ADP) last released its earnings results on Wednesday, April 29th. The business services provider reported $3.37 earnings per share (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 business had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.85 billion. During the same quarter in the previous year, the business earned $3.06 earnings per share. Automatic Data Processing’s quarterly revenue was up 7.0% on a year-over-year basis. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. On average, equities analysts expect that Automatic Data Processing, Inc. will post 11.07 earnings per share for the current fiscal year.

Automatic Data Processing Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th will be given a dividend of $1.70 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $6.80 annualized dividend and a dividend yield of 3.1%. Automatic Data Processing’s payout ratio is 63.43%.

Analyst Upgrades and Downgrades

ADP has been the topic of a number of recent analyst reports. UBS Group raised their target price on Automatic Data Processing from $210.00 to $218.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Jefferies Financial Group lowered their price objective on shares of Automatic Data Processing from $230.00 to $190.00 in a research report on Thursday, April 30th. Stifel Nicolaus dropped their target price on shares of Automatic Data Processing from $270.00 to $240.00 in a report on Thursday, April 30th. TD Cowen upgraded Automatic Data Processing to a “hold” rating in a report on Monday, May 18th. Finally, Mizuho cut their target price on Automatic Data Processing from $332.00 to $305.00 in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $244.29.

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.