Stephens Inc. AR Buys 3,422 Shares of Automatic Data Processing, Inc. $ADP

Stephens Inc. AR boosted its holdings in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 11.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 34,552 shares of the business services provider’s stock after purchasing an additional 3,422 shares during the period. Stephens Inc. AR’s holdings in Automatic Data Processing were worth $9,041,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Imprint Wealth LLC bought a new position in shares of Automatic Data Processing in the 3rd quarter valued at $25,000. Cloud Capital Management LLC bought a new position in shares of Automatic Data Processing in the 3rd quarter valued at $29,000. Board of the Pension Protection Fund bought a new position in shares of Automatic Data Processing in the 4th quarter valued at $31,000. Y.D. More Investments Ltd bought a new position in shares of Automatic Data Processing in the 3rd quarter valued at $32,000. Finally, High Point Wealth Management LLC bought a new position in shares of Automatic Data Processing in the 4th quarter valued at $34,000. 80.03% of the stock is currently owned by institutional investors.

Automatic Data Processing Stock Performance

ADP stock opened at $214.48 on Friday. 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 stock has a 50-day moving average price of $206.29 and a 200-day moving average price of $233.82. The firm has a market cap of $85.73 billion, a PE ratio of 20.01 and a beta of 0.83. Automatic Data Processing, Inc. has a 1-year low of $188.16 and a 1-year high of $329.93.

Automatic Data Processing (NASDAQ:ADP) last issued its earnings results on Wednesday, April 29th. The business services provider reported $3.37 EPS for the quarter, beating the consensus estimate of $3.30 by $0.07. The company had revenue of $5.94 billion during 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 firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the business posted $3.06 EPS. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. As a group, equities research analysts expect that Automatic Data Processing, Inc. will post 11.07 earnings per share for the current year.

Automatic Data Processing Dividend Announcement

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 given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Friday, June 12th. Automatic Data Processing’s dividend payout ratio is presently 63.43%.

Insider Buying and Selling at Automatic Data Processing

In other news, VP Christopher D’ambrosio sold 543 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was 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 $1,857,706.40. This represents a 5.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research firms recently weighed in on ADP. Stifel Nicolaus decreased their price objective on Automatic Data Processing from $270.00 to $240.00 in a report on Thursday, April 30th. UBS Group increased their price objective on Automatic Data Processing from $210.00 to $218.00 and gave the company a “neutral” rating in a report on Thursday, April 30th. Jefferies Financial Group decreased their price objective on Automatic Data Processing from $230.00 to $190.00 in a report on Thursday, April 30th. BMO Capital Markets decreased their price objective on Automatic Data Processing from $281.00 to $234.00 and set a “market perform” rating for the company in a report on Tuesday, April 7th. Finally, Guggenheim began coverage on Automatic Data Processing in a report on Thursday, March 19th. They issued a “buy” rating and a $270.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $253.50.

About Automatic Data Processing

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.