Automatic Data Processing, Inc. $ADP Position Boosted by Generali Asset Management SPA SGR

Key Points

• Generali Asset Management raised its stake in Automatic Data Processing by 14.6% to 47,402 shares (worth $12.19 million), while institutional investors and hedge funds collectively own about 80.03% of ADP stock.
• ADP beat quarterly estimates (EPS $3.37 vs. $3.30; revenue $5.94B vs. $5.85B), and set FY2026 guidance of $11.010–$11.110 EPS (consensus ~$11.07).
• The board approved a $6.0 billion share buyback (up to ~5.8% of shares) and declared a quarterly dividend of $1.70 per share (annualized yield ~3.2%).

Generali Asset Management SPA SGR raised its holdings in shares of Automatic Data Processing, Inc. (NASDAQ:ADP - Free Report) by 14.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,402 shares of the business services provider's stock after acquiring an additional 6,054 shares during the quarter. Generali Asset Management SPA SGR's holdings in Automatic Data Processing were worth $12,193,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in Automatic Data Processing by 0.9% during 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 acquiring an additional 389,451 shares in the last quarter. Capital Research Global Investors grew its stake in Automatic Data Processing by 1.5% during the 3rd quarter. Capital Research Global Investors now owns 8,021,194 shares of the business services provider's stock valued at $2,354,220,000 after acquiring an additional 116,074 shares in the last quarter. Wellington Management Group LLP grew its stake in Automatic Data Processing by 47.8% during 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 acquiring an additional 2,208,927 shares in the last quarter. Invesco Ltd. grew its stake in Automatic Data Processing by 5.7% during the 3rd quarter. Invesco Ltd. now owns 4,837,993 shares of the business services provider's stock valued at $1,419,951,000 after acquiring an additional 261,312 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Automatic Data Processing by 3.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,323,554 shares of the business services provider's stock valued at $1,264,118,000 after acquiring an additional 136,142 shares in the last quarter. Hedge funds and other institutional investors own 80.03% of the company's stock.

Insider Transactions at Automatic Data Processing

In other Automatic Data Processing 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 completion of the sale, the vice president 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 the SEC website. 0.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ADP shares. Cantor Fitzgerald lowered their target price on Automatic Data Processing from $306.00 to $244.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 29th. Robert W. Baird lowered their price target on Automatic Data Processing from $300.00 to $270.00 in a research note on Thursday, April 30th. BMO Capital Markets lowered their price target on Automatic Data Processing from $281.00 to $234.00 and set a "market perform" rating for the company in a research note on Tuesday, April 7th. Jefferies Financial Group lowered their price target on Automatic Data Processing from $230.00 to $190.00 in a research note on Thursday, April 30th. Finally, Mizuho lowered 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 assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $253.50.

Automatic Data Processing Stock Up 3.3%

Shares of Automatic Data Processing stock opened at $214.09 on Friday. The stock has a market capitalization of $85.58 billion, a P/E ratio of 19.97 and a beta of 0.83. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.63. The stock has a 50 day moving average price of $206.79 and a two-hundred day moving average price of $236.48. Automatic Data Processing, Inc. has a 12-month low of $188.16 and a 12-month high of $329.93.

Automatic Data Processing (NASDAQ:ADP - Get Free Report) last announced its earnings results on Wednesday, April 29th. The business services provider reported $3.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.30 by $0.07. The firm had revenue of $5.94 billion during the quarter, compared to analysts' expectations 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 revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.06 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. Equities analysts expect that Automatic Data Processing, Inc. will post 11.07 earnings per share for the current year.

Automatic Data Processing declared that its Board of Directors has approved a share repurchase program on Wednesday, January 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the business services provider to repurchase up to 5.8% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Automatic Data Processing Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th will be given 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 yield of 3.2%. Automatic Data Processing's dividend payout ratio is presently 63.43%.

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.

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