Elevate Capital Advisors LLC Boosts Stake in Automatic Data Processing, Inc. $ADP

Elevate Capital Advisors LLC grew its holdings in Automatic Data Processing, Inc. (NASDAQ:ADP) by 252.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,899 shares of the business services provider’s stock after acquiring an additional 9,234 shares during the period. Automatic Data Processing comprises about 2.6% of Elevate Capital Advisors LLC’s investment portfolio, making the stock its 8th biggest position. Elevate Capital Advisors LLC’s holdings in Automatic Data Processing were worth $3,786,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ADP. Brighton Jones LLC raised its position in shares of Automatic Data Processing by 92.1% during the fourth quarter. Brighton Jones LLC now owns 10,026 shares of the business services provider’s stock valued at $2,935,000 after buying an additional 4,808 shares during the last quarter. Bison Wealth LLC grew its stake in Automatic Data Processing by 22.8% during the fourth quarter. Bison Wealth LLC now owns 3,664 shares of the business services provider’s stock valued at $1,073,000 after acquiring an additional 681 shares in the last quarter. Range Financial Group LLC increased its holdings in Automatic Data Processing by 8.6% in the 2nd quarter. Range Financial Group LLC now owns 1,466 shares of the business services provider’s stock valued at $452,000 after acquiring an additional 116 shares during the last quarter. Fiduciary Alliance LLC purchased a new stake in Automatic Data Processing in the 2nd quarter worth $322,000. Finally, Alesco Advisors LLC boosted its holdings in shares of Automatic Data Processing by 5.3% during the 2nd quarter. Alesco Advisors LLC now owns 1,340 shares of the business services provider’s stock valued at $413,000 after purchasing an additional 68 shares during the last quarter. Hedge funds and other institutional investors own 80.03% of the company’s stock.

Automatic Data Processing Price Performance

Shares of Automatic Data Processing stock opened at $258.50 on Thursday. The stock has a market cap of $104.55 billion, a price-to-earnings ratio of 25.52 and a beta of 0.86. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a 50 day moving average price of $257.64 and a 200-day moving average price of $282.05. Automatic Data Processing, Inc. has a one year low of $247.18 and a one year high of $329.93.

Automatic Data Processing (NASDAQ:ADP) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $2.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.44 by $0.05. The company had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.14 billion. Automatic Data Processing had a return on equity of 70.63% and a net margin of 19.79%.Automatic Data Processing’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the company earned $2.33 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 10.811-11.011 EPS. Equities analysts expect that Automatic Data Processing, Inc. will post 9.93 EPS for the current year.

Automatic Data Processing declared that its Board of Directors has approved a stock buyback plan on Wednesday, January 14th that allows the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization allows the business services provider to buy up to 5.8% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Automatic Data Processing Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, January 1st. Stockholders of record on Friday, December 12th were issued a $1.70 dividend. This is a boost from Automatic Data Processing’s previous quarterly dividend of $1.54. The ex-dividend date was Friday, December 12th. This represents a $6.80 annualized dividend and a dividend yield of 2.6%. Automatic Data Processing’s dividend payout ratio (DPR) is 67.13%.

Key Headlines Impacting Automatic Data Processing

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

• Positive Sentiment: Board authorizes $6.0 billion share repurchase (up to ~5.8% of outstanding stock) — buybacks reduce share count and signal management believes shares are undervalued, which typically supports the stock and EPS. ADP AUTHORIZED TO PURCHASE $6 BILLION OF ITS COMMON STOCK
• Positive Sentiment: Board declares regular quarterly dividend of $1.70/share payable April 1, 2026 — steady dividend income and a raised/maintained payout tend to attract income-oriented investors and signal confidence in cash flow. ADP Declares Regular Quarterly Dividend
• Neutral Sentiment: ADP National Employment Report (NER Pulse) shows private employers adding ~11,750 jobs per week (four weeks ending Dec 20, 2025) — reinforces ADP’s core data business and demand for payroll/HR services but is not a direct earnings driver in the near term. ADP National Employment Report Preliminary Estimate December 20, 2025
• Neutral Sentiment: Coverage and analyst target shifts are getting attention — analyst reassessments can move sentiment but the net impact depends on whether targets are raised or lowered; watch for specific rating/target changes. How The Story Behind Automatic Data Processing (ADP) Is Shifting With New Analyst Targets
• Negative Sentiment: Insider sales: VP David Kwon sold 806 shares (~$213k) on Jan 12 (reducing his stake ~6.7%) — single executive sales can be perceived negatively if viewed as lack of conviction, though the position remains sizable. SEC Filing — David Kwon Sale
• Negative Sentiment: Insider sales: VP Christopher D’ambrosio sold 543 shares (~$142k) on Jan 13 (reducing his stake ~5.2%) — another modest, routine sale that investors may note but is small relative to overall float. SEC Filing — Christopher D’ambrosio Sale

Insider Transactions at Automatic Data Processing

In related news, VP David Kwon sold 900 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $260.00, for a total transaction of $234,000.00. Following the transaction, the vice president directly owned 11,993 shares in the company, valued at approximately $3,118,180. This represents a 6.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Christopher D’ambrosio sold 543 shares of the stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $262.29, for a total transaction of $142,423.47. Following the completion of the sale, the vice president directly owned 9,998 shares in the company, valued at $2,622,375.42. This trade represents a 5.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 2,249 shares of company stock valued at $589,852. 0.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on ADP. Wells Fargo & Company reduced their target price on Automatic Data Processing from $288.00 to $272.00 and set an “underweight” rating on the stock in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Automatic Data Processing in a research note on Monday, December 29th. UBS Group decreased their price objective on Automatic Data Processing from $315.00 to $290.00 and set a “neutral” rating on the stock in a report on Wednesday, September 17th. Citigroup assumed coverage on Automatic Data Processing in a research report on Thursday, October 23rd. They set a “neutral” rating and a $303.00 target price for the company. Finally, Jefferies Financial Group restated an “underperform” rating and issued a $230.00 price target (down previously from $245.00) on shares of Automatic Data Processing in a research report on Tuesday, December 16th. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Automatic Data Processing presently has a consensus rating of “Hold” and an average target price of $306.42.

About Automatic Data Processing

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.