Financial & Tax Architects LLC Has $6.43 Million Stake in Automatic Data Processing, Inc. $ADP

Financial & Tax Architects LLC boosted its holdings in Automatic Data Processing, Inc. (NASDAQ:ADP) by 17.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 31,632 shares of the business services provider’s stock after purchasing an additional 4,625 shares during the period. Financial & Tax Architects LLC’s holdings in Automatic Data Processing were worth $6,427,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Imprint Wealth LLC bought a new stake in Automatic Data Processing during the 3rd quarter worth about $25,000. Cornerstone Financial Management LLC bought a new position in shares of Automatic Data Processing in the 4th quarter valued at about $26,000. Bard Associates Inc. bought a new position in shares of Automatic Data Processing in the 4th quarter valued at about $28,000. Board of the Pension Protection Fund acquired a new stake in shares of Automatic Data Processing in the fourth quarter valued at about $31,000. Finally, Prosperity Bancshares Inc acquired a new stake in shares of Automatic Data Processing in the fourth quarter valued at about $33,000. 80.03% of the stock is currently owned by institutional investors and hedge funds.

Automatic Data Processing Price Performance

Shares of NASDAQ ADP opened at $223.95 on Wednesday. The firm has a market cap of $89.52 billion, a P/E ratio of 20.89 and a beta of 0.84. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.63. Automatic Data Processing, Inc. has a 1-year low of $188.16 and a 1-year high of $315.98. The business’s 50 day moving average is $217.67 and its 200-day moving average is $226.07.

Automatic Data Processing (NASDAQ:ADP) last released its quarterly earnings results on Wednesday, April 29th. The business services provider reported $3.37 earnings per share for the quarter, topping the consensus estimate of $3.30 by $0.07. The business had revenue of $5.94 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the firm posted $3.06 EPS. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. Equities research analysts predict that Automatic Data Processing, Inc. will post 11.08 earnings per share for the current year.

Automatic Data Processing Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th will be issued a dividend of $1.70 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.0%. Automatic Data Processing’s dividend payout ratio (DPR) is currently 63.43%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ADP shares. TD Cowen upgraded Automatic Data Processing to a “hold” rating in a report on Monday, May 18th. Robert W. Baird decreased their price target on Automatic Data Processing from $300.00 to $270.00 in a research note on Thursday, April 30th. Mizuho lowered their price target on Automatic Data Processing from $332.00 to $305.00 in a research report on Thursday, April 30th. Stifel Nicolaus dropped their price objective on Automatic Data Processing from $270.00 to $240.00 in a research note on Thursday, April 30th. Finally, Cantor Fitzgerald dropped their price objective on Automatic Data Processing from $306.00 to $244.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Automatic Data Processing currently has an average rating of “Hold” and a consensus price target of $244.29.

Automatic Data Processing 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.