Archford Capital Strategies LLC lowered its stake in shares of Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 88.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 951 shares of the business services provider’s stock after selling 6,983 shares during the quarter. Archford Capital Strategies LLC’s holdings in Automatic Data Processing were worth $245,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of ADP. Imprint Wealth LLC acquired a new position in shares of Automatic Data Processing during the third quarter valued at about $25,000. Howard Hughes Medical Institute acquired a new stake in Automatic Data Processing during the second quarter worth about $27,000. TruNorth Capital Management LLC bought a new position in Automatic Data Processing during the third quarter valued at about $28,000. Cloud Capital Management LLC bought a new position in Automatic Data Processing during the third quarter valued at about $29,000. Finally, Board of the Pension Protection Fund acquired a new position in Automatic Data Processing in the 4th quarter valued at approximately $31,000. 80.03% of the stock is currently owned by institutional investors and hedge funds.
More Automatic Data Processing News
Here are the key news stories impacting Automatic Data Processing this week:
- Positive Sentiment: ADP’s own March National Employment Report showed private sector employment rose +62,000 and annual pay was up 4.5%, data that supports continued demand for payroll and HR services. ADP National Employment Report
- Positive Sentiment: ADP research shows small private firms (sub-50 employees) drove the bulk of payroll gains last month (+85k in a cited dataset), a favorable trend for ADP’s SMB-facing products. No Foolin’: ADP Jobs Led by Small Companies
- Positive Sentiment: Analyst commentary urging investors to retain ADP points to steady revenue growth, rising EPS outlook and a strong dividend track record — supportive for longer‑term holders. Here’s Why You Should Retain ADP Stock
- Neutral Sentiment: UBS reaffirmed a Hold rating on ADP, signaling no immediate upside from that shop but not a fresh sell signal either. UBS Reaffirms Hold on ADP
- Negative Sentiment: Investors advanced an ERISA suit over ADP 401(k) plan fees — potential legal exposure and reputational risk that can pressure the stock. ADP 401(k) Investors Advance ERISA Suit
- Negative Sentiment: Wells Fargo cut its price target sharply (to $214 from $262) and reiterated an Underweight rating, citing multiple‑compression — a clear near‑term headwind for investor sentiment. Wells Fargo Cuts Price Target on ADP
- Negative Sentiment: Short interest in ADP rose ~18% in March, indicating increasing bearish bets that can amplify downside pressure if sentiment deteriorates. ADP Short Interest Up 18%
- Negative Sentiment: High‑profile criticism from commentators (e.g., Jim Cramer) that the company can be “disenfranchised” like peers may accelerate fund flow out of the name and weigh on retail sentiment. Jim Cramer on ADP
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on Automatic Data Processing
Insiders Place Their Bets
In other Automatic Data Processing news, VP David Foskett sold 266 shares of the stock in a transaction dated Thursday, February 5th. The shares were sold at an average price of $237.00, for a total transaction of $63,042.00. Following the sale, the vice president owned 10,954 shares of the company’s stock, valued at $2,596,098. This represents a 2.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Christopher D’ambrosio sold 543 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The shares were 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 of the company’s stock, valued at approximately $2,622,375.42. This represents a 5.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 4,058 shares of company stock valued at $1,000,263. 0.20% of the stock is owned by corporate insiders.
Automatic Data Processing Price Performance
Shares of Automatic Data Processing stock opened at $201.28 on Thursday. The stock has a market capitalization of $81.04 billion, a price-to-earnings ratio of 19.35 and a beta of 0.86. The firm’s 50-day moving average price is $220.50 and its two-hundred day moving average price is $251.46. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. Automatic Data Processing, Inc. has a 1-year low of $197.08 and a 1-year high of $329.93.
Automatic Data Processing (NASDAQ:ADP – Get Free Report) last posted its earnings results on Wednesday, January 28th. The business services provider reported $2.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.05. The company had revenue of $5.36 billion during the quarter, compared to analysts’ expectations of $5.34 billion. Automatic Data Processing had a net margin of 19.96% and a return on equity of 68.44%. Automatic Data Processing’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.35 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 10.091-11.011 EPS. On average, equities analysts predict that Automatic Data Processing, Inc. will post 9.93 earnings per share for the current fiscal year.
Automatic Data Processing Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th were paid a $1.70 dividend. The ex-dividend date was Friday, March 13th. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.4%. Automatic Data Processing’s dividend payout ratio (DPR) is 65.38%.
Automatic Data Processing declared that its Board of Directors has approved a share buyback plan on Wednesday, January 14th that permits the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization permits the business services provider to purchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.
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.
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