Analysts’ Recent Ratings Changes for Automatic Data Processing (ADP)

Several analysts have recently updated their ratings and price targets for Automatic Data Processing (NASDAQ: ADP):

• 8/3/2026 – Automatic Data Processing had its price target raised by Cantor Fitzgerald from $295.00 to $310.00. They now have an “overweight” rating on the stock.
• 7/30/2026 – Automatic Data Processing had its price target raised by Citigroup Inc. from $230.00 to $287.00. They now have a “neutral” rating on the stock.
• 7/30/2026 – Automatic Data Processing had its price target raised by Morgan Stanley from $240.00 to $286.00. They now have an “equal weight” rating on the stock.
• 7/30/2026 – Automatic Data Processing had its price target raised by Stifel Nicolaus from $260.00 to $285.00. They now have a “hold” rating on the stock.
• 7/30/2026 – Automatic Data Processing had its price target raised by Wells Fargo & Company from $248.00 to $283.00. They now have an “equal weight” rating on the stock.
• 7/30/2026 – Automatic Data Processing had its price target raised by Guggenheim from $270.00 to $300.00. They now have a “buy” rating on the stock.
• 7/29/2026 – Automatic Data Processing had its price target raised by BMO Capital Markets from $248.00 to $305.00. They now have a “market perform” rating on the stock.
• 7/22/2026 – Automatic Data Processing had its price target raised by UBS Group AG from $260.00 to $270.00. They now have a “neutral” rating on the stock.
• 7/22/2026 – Automatic Data Processing had its price target raised by Cantor Fitzgerald from $244.00 to $295.00. They now have an “overweight” rating on the stock.
• 7/21/2026 – Automatic Data Processing was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
• 7/21/2026 – Automatic Data Processing had its “buy” rating reaffirmed by Guggenheim. They now have a $270.00 price target on the stock.
• 7/9/2026 – Automatic Data Processing had its price target raised by Wells Fargo & Company from $214.00 to $248.00. They now have an “equal weight” rating on the stock.
• 7/8/2026 – Automatic Data Processing had its price target raised by Stifel Nicolaus from $240.00 to $260.00. They now have a “hold” rating on the stock.
• 7/7/2026 – Automatic Data Processing had its “hold (c-)” rating reaffirmed by Weiss Ratings.
• 7/6/2026 – Automatic Data Processing had its price target raised by TD Cowen from $216.00 to $223.00. They now have a “hold” rating on the stock.

Automatic Data Processing Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Friday, September 11th will be given a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a yield of 2.5%. The ex-dividend date is Friday, September 11th. Automatic Data Processing’s payout ratio is presently 62.16%.

Insider Transactions at Automatic Data Processing

In other Automatic Data Processing news, VP David Kwon sold 2,414 shares of the business’s stock in a transaction on Thursday, July 30th. The shares were sold at an average price of $265.62, for a total transaction of $641,206.68. Following the sale, the vice president directly owned 9,660 shares of the company’s stock, valued at $2,565,889.20. The trade was a 19.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.20% of the stock is currently owned by company insiders.

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.