Great Diamond Partners LLC Reduces Position in Automatic Data Processing, Inc. $ADP

Great Diamond Partners LLC lessened its stake in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 16.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,560 shares of the business services provider’s stock after selling 2,498 shares during the quarter. Great Diamond Partners LLC’s holdings in Automatic Data Processing were worth $3,231,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. KDT Advisors LLC boosted its stake in shares of Automatic Data Processing by 5.0% during the fourth quarter. KDT Advisors LLC now owns 2,814 shares of the business services provider’s stock valued at $724,000 after purchasing an additional 135 shares during the period. MJP Associates Inc. ADV boosted its stake in shares of Automatic Data Processing by 4.9% during the fourth quarter. MJP Associates Inc. ADV now owns 1,924 shares of the business services provider’s stock valued at $495,000 after purchasing an additional 89 shares during the period. Leonteq Securities AG purchased a new stake in shares of Automatic Data Processing during the fourth quarter valued at approximately $3,054,000. Pinkerton Wealth LLC raised its holdings in shares of Automatic Data Processing by 4.5% during the fourth quarter. Pinkerton Wealth LLC now owns 18,658 shares of the business services provider’s stock valued at $4,799,000 after acquiring an additional 795 shares in the last quarter. Finally, ABN Amro Investment Solutions raised its holdings in shares of Automatic Data Processing by 171.5% during the fourth quarter. ABN Amro Investment Solutions now owns 23,387 shares of the business services provider’s stock valued at $6,016,000 after acquiring an additional 14,772 shares in the last quarter. Hedge funds and other institutional investors own 80.03% of the company’s stock.

Insider Activity at Automatic Data Processing

In other news, VP Christopher D’ambrosio sold 543 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $208.45, for a total value of $113,188.35. Following the sale, the vice president directly owned 8,912 shares of the company’s stock, valued at approximately $1,857,706.40. This represents a 5.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ADP shares. Mizuho decreased their target price on Automatic Data Processing from $332.00 to $305.00 in a report 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 target price for the company in a report on Monday. Cantor Fitzgerald decreased their target price on Automatic Data Processing from $306.00 to $244.00 and set an “overweight” rating for the company in a report on Wednesday, April 29th. TD Cowen upgraded Automatic Data Processing to a “hold” rating in a report on Monday. Finally, Robert W. Baird decreased their target price on Automatic Data Processing from $300.00 to $270.00 in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $249.00.

Automatic Data Processing News Roundup

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 Price Performance

ADP opened at $220.69 on Thursday. The stock has a fifty day simple moving average of $206.13 and a two-hundred day simple moving average of $232.52. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.63. The company has a market cap of $88.22 billion, a price-to-earnings ratio of 20.59 and a beta of 0.83. Automatic Data Processing, Inc. has a 12-month low of $188.16 and a 12-month high of $329.93.

Automatic Data Processing (NASDAQ:ADP) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.30 by $0.07. The business had revenue of $5.94 billion during the quarter, compared to the consensus estimate of $5.85 billion. Automatic Data Processing had a return on equity of 68.82% and a net margin of 20.12%.The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.06 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. Research analysts predict 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 announced 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 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, June 12th. Automatic Data Processing’s dividend payout ratio is currently 63.43%.

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.