GC Wealth Management RIA LLC Sells 6,587 Shares of Automatic Data Processing, Inc. $ADP

GC Wealth Management RIA LLC lowered its position in Automatic Data Processing, Inc. (NASDAQ:ADP) by 58.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,607 shares of the business services provider’s stock after selling 6,587 shares during the quarter. GC Wealth Management RIA LLC’s holdings in Automatic Data Processing were worth $1,185,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in Automatic Data Processing by 92.1% in the 4th quarter. Brighton Jones LLC now owns 10,026 shares of the business services provider’s stock valued at $2,935,000 after purchasing an additional 4,808 shares during the last quarter. Bison Wealth LLC increased its position 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 worth $1,073,000 after buying an additional 681 shares during the last quarter. Schnieders Capital Management LLC. increased its position in Automatic Data Processing by 21.8% during the second quarter. Schnieders Capital Management LLC. now owns 1,259 shares of the business services provider’s stock worth $388,000 after buying an additional 225 shares during the last quarter. Osterweis Capital Management Inc. bought a new stake in Automatic Data Processing in the second quarter valued at approximately $108,000. Finally, Diversify Advisory Services LLC raised its stake in Automatic Data Processing by 17.5% in the second quarter. Diversify Advisory Services LLC now owns 5,477 shares of the business services provider’s stock valued at $1,641,000 after buying an additional 815 shares during the period. 80.03% of the stock is currently owned by institutional investors and hedge funds.

Automatic Data Processing Trading Up 8.0%

Shares of NASDAQ:ADP opened at $215.06 on Thursday. Automatic Data Processing, Inc. has a 12-month low of $188.16 and a 12-month high of $329.93. The stock has a market cap of $86.59 billion, a PE ratio of 20.68 and a beta of 0.85. The business has a 50 day moving average of $206.75 and a 200-day moving average of $238.83. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.62.

Automatic Data Processing (NASDAQ:ADP) last announced its earnings results on Wednesday, April 29th. The business services provider reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.30 by $0.07. The company had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.85 billion. Automatic Data Processing had a return on equity of 68.44% and a net margin of 19.96%.The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.06 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. As a group, equities research analysts forecast that Automatic Data Processing, Inc. will post 10.96 earnings per share for the current year.

Automatic Data Processing announced that its board has initiated a stock repurchase program on Wednesday, January 14th that authorizes the company to buyback $6.00 billion in outstanding shares. This buyback authorization authorizes the business services provider to repurchase up to 5.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

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 3.2%. Automatic Data Processing’s dividend payout ratio (DPR) is currently 65.38%.

Insider Activity

In related news, VP Christopher D’ambrosio sold 543 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $208.45, for a total transaction of $113,188.35. Following the transaction, the vice president directly owned 8,912 shares of the company’s stock, valued at approximately $1,857,706.40. This trade represents a 5.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP David Foskett sold 266 shares of Automatic Data Processing stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $237.00, for a total transaction of $63,042.00. Following the completion of the sale, the vice president owned 10,954 shares of the company’s stock, valued at $2,596,098. This trade represents a 2.37% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,809 shares of company stock valued at $410,410. 0.20% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

ADP has been the subject of a number of recent analyst reports. Wells Fargo & Company cut their price objective on Automatic Data Processing from $262.00 to $214.00 and set an “underweight” rating for the company in a research report on Friday, March 27th. Guggenheim assumed coverage on Automatic Data Processing in a research note on Thursday, March 19th. They issued a “buy” rating and a $270.00 price target on the stock. Citigroup cut their price target on Automatic Data Processing from $303.00 to $265.00 and set a “neutral” rating for the company in a report on Thursday, January 29th. Morgan Stanley reduced their price objective on shares of Automatic Data Processing from $311.00 to $274.00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, UBS Group decreased their price objective on shares of Automatic Data Processing from $220.00 to $210.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Automatic Data Processing presently has an average rating of “Hold” and an average price target of $265.69.

Trending Headlines about Automatic Data Processing

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

• Positive Sentiment: ADP beat Q3 estimates — reported $3.37 EPS vs. consensus ~ $3.30 and revenue of $5.94B (up 7% YoY). Management raised FY‑2026 EPS guidance to $11.010–11.110 and revenue to roughly $21.8–22.0B, signaling stronger execution and recurring revenue strength. ADP Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: Management emphasized AI adoption on the earnings call as a growth catalyst — noting AI-driven features are accelerating product demand and efficiency, which underpinned the raised guidance. This message supports a structural growth narrative beyond the quarter. ADP Earnings Call: AI Gains, Guidance Raised
• Positive Sentiment: Company slide deck and earnings presentation provide details on revenue mix, client funds income growth, and segment execution that support the beat and outlook. Helpful for investors modeling FY26 cadence. Automatic Data Processing, Inc. 2026 Q3 – Results – Earnings Call Presentation
• Neutral Sentiment: Analyst/coverage writeups (Zacks, Benzinga) summarize the beat and highlight key metrics (7% revenue growth, higher client funds income) for context; useful but largely reiterative of the release. Compared to Estimates, ADP (ADP) Q3 Earnings: A Look at Key Metrics
• Neutral Sentiment: ADP’s National Employment Report and related data releases keep the company visible as a provider of labor market intelligence, supporting product relevance but not directly tied to near‑term stock moves. ADP National Employment Report Preliminary Estimate for April 28, 2026
• Negative Sentiment: Morgan Stanley cut its price target from $311 to $274 and moved to Equal Weight — a signal that some analysts see less near‑term upside despite the beat, which can cap gains. Morgan Stanley Adjusts Price Target on Automatic Data Processing to $274 from $311
• Negative Sentiment: Cantor Fitzgerald lowered its price target (from $306 to $244) even while keeping an Overweight rating, reflecting concerns that macro or multiple‑compression risks could be understated — another potential headwind for share momentum. Cantor Fitzgerald Says Macro Risks May Be Overstated for Automatic Data Processing (ADP)

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.