Wealthfront Advisers LLC Has $14.05 Million Position in Automatic Data Processing, Inc. $ADP

Wealthfront Advisers LLC increased its position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 20.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 54,615 shares of the business services provider’s stock after buying an additional 9,416 shares during the period. Wealthfront Advisers LLC’s holdings in Automatic Data Processing were worth $14,049,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. CGC Financial Services LLC lifted its holdings in shares of Automatic Data Processing by 13.7% during the third quarter. CGC Financial Services LLC now owns 323 shares of the business services provider’s stock worth $95,000 after buying an additional 39 shares during the last quarter. Coston McIsaac & Partners increased its holdings in Automatic Data Processing by 13.2% in the 3rd quarter. Coston McIsaac & Partners now owns 335 shares of the business services provider’s stock valued at $98,000 after buying an additional 39 shares during the period. Northcape Wealth Management LLC lifted its holdings in shares of Automatic Data Processing by 0.6% during the 4th quarter. Northcape Wealth Management LLC now owns 6,577 shares of the business services provider’s stock worth $1,692,000 after acquiring an additional 39 shares during the period. Private Advisory Group LLC increased its stake in Automatic Data Processing by 4.8% in the third quarter. Private Advisory Group LLC now owns 867 shares of the business services provider’s stock valued at $254,000 after acquiring an additional 40 shares during the period. Finally, Laird Norton Wetherby Wealth Management LLC increased its stake in Automatic Data Processing by 0.3% in the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 15,179 shares of the business services provider’s stock valued at $4,455,000 after acquiring an additional 41 shares during the period. 80.03% of the stock is currently owned by institutional investors.

Key Headlines Impacting Automatic Data Processing

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

• Positive Sentiment: Q3 beat and raised FY26 guidance — ADP beat Q3 EPS ($3.37 vs. $3.30), reported healthy margins/ROE, and nudged FY‑2026 EPS and revenue guidance slightly above/at consensus; this is the primary catalyst for the stock move. PR: ADP Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: Company commentary and press materials — management provided a revised outlook and supplemental materials (press release + slide deck) that investors can review for guidance detail and forward commentary. Press Release / Slide Deck
• Neutral Sentiment: Press coverage summarizes the beat and outlook lift — mainstream coverage underscores the positive takeaway but also notes macro uncertainties that could temper momentum. WSJ: ADP Lifts Outlook
• Neutral Sentiment: ADP National Employment Report update — the company’s NER pulse showed moderate private‑sector job gains, a data product that supports ADP’s market position but is not an immediate stock catalyst. ADP NER Preliminary Estimate
• Negative Sentiment: Analyst target cuts ahead of/after the print — Morgan Stanley trimmed its price target (311→274) and kept an equal‑weight rating, which can limit near‑term upside despite the beat. MarketScreener: Morgan Stanley target cut
• Negative Sentiment: Mixed analyst commentary — Cantor Fitzgerald and other outlets note macro risks and have lowered price targets or highlighted near‑term pressure, which could weigh on sentiment if growth concerns persist. InsiderMonkey: Cantor Fitzgerald view

Automatic Data Processing Trading Up 1.0%

Shares of NASDAQ ADP opened at $199.17 on Wednesday. The company’s 50 day simple moving average is $206.80 and its 200 day simple moving average is $238.99. Automatic Data Processing, Inc. has a fifty-two week low of $188.16 and a fifty-two week high of $329.93. The firm has a market capitalization of $80.19 billion, a P/E ratio of 19.15 and a beta of 0.85. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.03 and a quick ratio of 1.03.

Automatic Data Processing (NASDAQ:ADP) last announced its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.30 by $0.07. Automatic Data Processing had a net margin of 19.96% and a return on equity of 68.44%. During the same period last year, the company earned $3.06 EPS. Automatic Data Processing’s revenue for the quarter was up 7.0% on a year-over-year basis. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. On average, analysts predict that Automatic Data Processing, Inc. will post 10.96 EPS for the current year.

Automatic Data Processing Announces Dividend

The firm 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 yield of 3.4%. The ex-dividend date is Friday, June 12th. Automatic Data Processing’s dividend payout ratio is currently 65.38%.

Automatic Data Processing announced that its board has authorized a stock buyback program 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 repurchase up to 5.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

ADP has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Automatic Data Processing from $262.00 to $214.00 and set an “underweight” rating on the stock in a research note on Friday, March 27th. Guggenheim began coverage on shares of Automatic Data Processing in a research note on Thursday, March 19th. They set a “buy” rating and a $270.00 price objective on the stock. JPMorgan Chase & Co. decreased their price objective on shares of 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. UBS Group reduced their target price on shares of Automatic Data Processing from $220.00 to $210.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Finally, Citigroup reduced their target price on shares of Automatic Data Processing from $303.00 to $265.00 and set a “neutral” rating on the stock in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $265.69.

Insider Activity at Automatic Data Processing

In related news, VP David Foskett sold 266 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $237.00, for a total value of $63,042.00. Following the transaction, the vice president directly owned 10,954 shares in the company, valued at $2,596,098. This represents a 2.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Brian L. Michaud sold 1,000 shares of the stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $234.18, for a total transaction of $234,180.00. Following the completion of the transaction, the vice president owned 15,310 shares in the company, valued at $3,585,295.80. This represents a 6.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,809 shares of company stock worth $410,410 over the last ninety days. Company insiders own 0.20% of the company’s stock.

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.