Automatic Data Processing, Inc. $ADP Shares Bought by Impact Capital Partners LLC

Impact Capital Partners LLC raised its stake in Automatic Data Processing, Inc. (NASDAQ:ADP) by 1.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,944 shares of the business services provider’s stock after acquiring an additional 84 shares during the quarter. Impact Capital Partners LLC’s holdings in Automatic Data Processing were worth $2,450,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its position in shares of Automatic Data Processing by 92.1% in 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 in the last quarter. Bison Wealth LLC increased its position in shares of Automatic Data Processing by 22.8% in the fourth quarter. Bison Wealth LLC now owns 3,664 shares of the business services provider’s stock valued at $1,073,000 after buying an additional 681 shares in the last quarter. Baker Tilly Wealth Management LLC increased its position in shares of Automatic Data Processing by 11.7% in the first quarter. Baker Tilly Wealth Management LLC now owns 1,368 shares of the business services provider’s stock valued at $418,000 after buying an additional 143 shares in the last quarter. NBC Securities Inc. increased its position in shares of Automatic Data Processing by 116,350.0% in the first quarter. NBC Securities Inc. now owns 4,658 shares of the business services provider’s stock valued at $1,423,000 after buying an additional 4,654 shares in the last quarter. Finally, LVW Advisors LLC increased its position in shares of Automatic Data Processing by 5.2% in the first quarter. LVW Advisors LLC now owns 1,664 shares of the business services provider’s stock valued at $508,000 after buying an additional 83 shares in the last quarter. 80.03% of the stock is owned by institutional investors and hedge funds.

Automatic Data Processing Stock Up 0.3%

Shares of ADP opened at $293.50 on Wednesday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.05 and a current ratio of 1.05. Automatic Data Processing, Inc. has a one year low of $272.62 and a one year high of $329.93. The stock has a market capitalization of $118.89 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 2.68 and a beta of 0.82. The stock has a 50 day moving average price of $300.01 and a 200 day moving average price of $303.53.

Automatic Data Processing (NASDAQ:ADP) last issued its earnings results on Wednesday, July 30th. The business services provider reported $2.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.23 by $0.03. The company had revenue of $5.13 billion during the quarter, compared to analysts’ expectations of $5.05 billion. Automatic Data Processing had a return on equity of 72.84% and a net margin of 19.84%.The firm’s quarterly revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the business earned $2.09 EPS. Automatic Data Processing has set its FY 2026 guidance at 10.811-11.011 EPS. Equities research analysts forecast that Automatic Data Processing, Inc. will post 9.93 earnings per share for the current fiscal year.

Automatic Data Processing Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Friday, September 12th will be issued a $1.54 dividend. This represents a $6.16 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, September 12th. Automatic Data Processing’s dividend payout ratio is presently 61.72%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Morgan Stanley boosted their price objective on Automatic Data Processing from $310.00 to $311.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. UBS Group cut their price objective on Automatic Data Processing from $315.00 to $290.00 and set a “neutral” rating for the company in a research report on Wednesday, September 17th. BMO Capital Markets upgraded Automatic Data Processing to a “hold” rating and set a $340.00 price objective for the company in a research report on Thursday, July 10th. Mizuho boosted their price target on Automatic Data Processing from $321.00 to $332.00 and gave the stock an “outperform” rating in a research report on Friday, June 13th. Finally, Dbs Bank upgraded Automatic Data Processing to a “hold” rating in a research report on Thursday, August 21st. Two research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $316.70.

Insider Buying and Selling

In other Automatic Data Processing news, VP Michael A. Bonarti sold 8,728 shares of the company’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $298.43, for a total value of $2,604,697.04. Following the completion of the sale, the vice president directly owned 80,531 shares in the company, valued at $24,032,866.33. This represents a 9.78% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Joseph Desilva sold 4,614 shares of the company’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $296.57, for a total value of $1,368,373.98. Following the completion of the sale, the vice president owned 17,536 shares of the company’s stock, valued at approximately $5,200,651.52. The trade was a 20.83% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 52,516 shares of company stock worth $15,632,410 over the last quarter. Corporate insiders own 0.20% of the company’s stock.

Automatic Data Processing Company Profile

Automatic Data Processing, Inc provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions.