Automatic Data Processing, Inc. $ADP Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its position in Automatic Data Processing, Inc. (NASDAQ:ADP) by 2.1% during the fourth quarter, HoldingsChannel.com reports. The fund owned 161,533 shares of the business services provider’s stock after acquiring an additional 3,256 shares during the period. Handelsbanken Fonder AB’s holdings in Automatic Data Processing were worth $41,551,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Automatic Data Processing by 6,493.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,468,180 shares of the business services provider’s stock valued at $892,120,000 after purchasing an additional 3,415,576 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of Automatic Data Processing by 47.8% in the 3rd quarter. Wellington Management Group LLP now owns 6,830,294 shares of the business services provider’s stock valued at $2,004,691,000 after purchasing an additional 2,208,927 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of Automatic Data Processing by 32.1% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,273,700 shares of the business services provider’s stock valued at $960,831,000 after purchasing an additional 796,379 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in shares of Automatic Data Processing in the 4th quarter valued at $139,636,000. Finally, Vanguard Group Inc. lifted its stake in shares of Automatic Data Processing by 0.9% in the 3rd quarter. Vanguard Group Inc. now owns 41,689,633 shares of the business services provider’s stock valued at $12,235,907,000 after purchasing an additional 389,451 shares during the last quarter. 80.03% of the stock is owned by institutional investors and hedge funds.

Automatic Data Processing News Summary

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

• Positive Sentiment: Wells Fargo upgraded ADP to Equal Weight from Underweight, suggesting the recent pullback may have improved the stock’s valuation. The bank set a $214 price target, which still implies some downside from current levels, but the upgrade can help sentiment after the selloff. Automatic Data Processing (NASDAQ:ADP) Upgraded by Wells Fargo & Company to “Equal Weight” Rating
• Positive Sentiment: ADP’s National Employment Report preliminary estimate showed U.S. private employers added an average of 42,250 jobs per week for the four weeks ending May 2, indicating continued hiring activity that supports demand for payroll and HR services. ADP National Employment Report Preliminary Estimate for May 2, 2026
• Neutral Sentiment: ADP presented at JPMorgan’s Global Technology, Media and Communications Conference, which can provide updates on business trends and outlook, but no major new operating announcement was highlighted in the transcript. Automatic Data Processing, Inc. (ADP) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Negative Sentiment: TD Cowen also moved ADP to Hold, reinforcing a more cautious stance from analysts after the stock’s recent run-up and helping explain the weakness in the shares. Automatic Data Processing was upgraded by TD Cowen to “hold”

Automatic Data Processing Price Performance

ADP stock opened at $220.44 on Wednesday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.63. The company has a market capitalization of $88.12 billion, a PE ratio of 20.56 and a beta of 0.83. Automatic Data Processing, Inc. has a 12-month low of $188.16 and a 12-month high of $329.93. The business’s fifty day moving average price is $206.17 and its 200 day moving average price is $232.81.

Automatic Data Processing (NASDAQ:ADP) last posted its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.30 by $0.07. The firm had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.85 billion. Automatic Data Processing had a return on equity of 68.82% and a net margin of 20.12%.The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.06 EPS. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. On average, sell-side analysts anticipate that Automatic Data Processing, Inc. will post 11.07 EPS for the current year.

Automatic Data Processing Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Friday, June 12th will be issued a $1.70 dividend. This represents a $6.80 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, June 12th. Automatic Data Processing’s payout ratio is currently 63.43%.

Insider Activity

In related news, VP Christopher D’ambrosio sold 543 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $208.45, for a total value of $113,188.35. Following the sale, the vice president owned 8,912 shares in the company, valued at approximately $1,857,706.40. The trade was a 5.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on ADP. UBS Group upped their price target on Automatic Data Processing from $210.00 to $218.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Wells Fargo & Company raised Automatic Data Processing from an “underweight” rating to an “equal weight” rating and set a $214.00 price target on the stock in a research note on Monday. JPMorgan Chase & Co. decreased their price target on Automatic Data Processing from $295.00 to $275.00 and set an “underweight” rating on the stock in a research note on Thursday, January 29th. TD Cowen raised Automatic Data Processing to a “hold” rating in a research note on Monday. Finally, Mizuho decreased their price target on Automatic Data Processing from $332.00 to $305.00 in a research note on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $253.50.

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.