Robeco Institutional Asset Management B.V. Sells 120,050 Shares of Automatic Data Processing, Inc. $ADP

Key Points

• Robeco Institutional Asset Management reduced its position in Automatic Data Processing by 17.0%, selling 120,050 shares and leaving it with 587,769 shares worth about $151.2 million.
• ADP announced a quarterly dividend of $1.70 per share ( ~3.6% yield) and its board authorized a $6.0 billion share buyback program to repurchase up to 5.8% of outstanding shares.
• Analysts have trimmed targets and sentiment (JPMorgan cut to underweight, several price-target downgrades), the consensus rating is a Hold with an average target of $284.77, while the stock is trading near a 52‑week low (around $188) and was down ~3.7%.

Robeco Institutional Asset Management B.V. cut its position in Automatic Data Processing, Inc. (NASDAQ:ADP - Free Report) by 17.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 587,769 shares of the business services provider's stock after selling 120,050 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.15% of Automatic Data Processing worth $151,192,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Automatic Data Processing by 0.9% in the third quarter. Vanguard Group Inc. now owns 41,689,633 shares of the business services provider's stock valued at $12,235,907,000 after buying an additional 389,451 shares in the last quarter. Capital Research Global Investors grew its stake in shares of Automatic Data Processing by 1.5% in the third 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 buying an additional 116,074 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of Automatic Data Processing by 47.8% in the third 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 buying an additional 2,208,927 shares in the last quarter. Invesco Ltd. grew its stake in shares of Automatic Data Processing by 5.7% in the third quarter. Invesco Ltd. now owns 4,837,993 shares of the business services provider's stock valued at $1,419,951,000 after buying an additional 261,312 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of Automatic Data Processing by 3.3% in the third quarter. Ameriprise Financial Inc. now owns 4,323,554 shares of the business services provider's stock valued at $1,264,118,000 after buying an additional 136,142 shares in the last quarter. 80.03% of the stock is owned by institutional investors.

Key Headlines Impacting Automatic Data Processing

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

• Positive Sentiment: ADP declared a quarterly dividend of $1.70 per share (ex‑dividend June 12, payable July 1), implying a ~3.5% yield — a cash-return anchor that can support investor demand amid price weakness.
• Neutral Sentiment: Short‑interest data published for April appears non‑informative (reported as 0 shares with an NaN change and a 0.0 days‑to‑cover), so it provides no clear signal about bearish positioning right now.
• Neutral Sentiment: General market/company pages and quote services (CNN, Yahoo Finance) are updating ADP coverage and price data but contain no single new catalyst beyond routine reporting. Automatic Data Processing, Inc. - CNN Markets
• Neutral Sentiment: Company quote and news aggregation on Yahoo Finance provides updated metrics and headlines for investors monitoring intraday moves. Automatic Data Processing, Inc. - Yahoo Finance
• Negative Sentiment: MarketWatch reports ADP has fallen to a new 52‑week low — a technical sign that heightens downside risk and may prompt momentum selling and cautious positioning by momentum/quant funds. Automatic Data Processing Inc. stock falls to new 52-week low
• Negative Sentiment: BMO Capital trimmed ADP’s price target to $234, citing both cyclical and structural pressures on ADP’s business — an analyst action that can weaken sentiment and reduce comfort for long positions, particularly given ADP’s elevated valuation relative to near‑term growth risks. BMO Capital trims ADP target to $234

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. decreased their target price on shares of Automatic Data Processing from $295.00 to $275.00 and set an "underweight" rating for the company in a research note on Thursday, January 29th. Citigroup decreased their target price on shares of Automatic Data Processing from $303.00 to $265.00 and set a "neutral" rating for the company in a research note on Thursday, January 29th. Stifel Nicolaus decreased their target price on shares of Automatic Data Processing from $280.00 to $270.00 and set a "hold" rating for the company in a research note on Monday, February 9th. Jefferies Financial Group reaffirmed an "underperform" rating and set a $230.00 price objective (down from $245.00) on shares of Automatic Data Processing in a research report on Tuesday, December 16th. Finally, Cantor Fitzgerald initiated coverage on shares of Automatic Data Processing in a research report on Tuesday, January 27th. They set an "overweight" rating and a $306.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $284.77.

Insider Buying and Selling at Automatic Data Processing

In other news, VP Christopher D'ambrosio sold 543 shares of the business's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $208.45, for a total value of $113,188.35. Following the completion of the sale, the vice president owned 8,912 shares of the company's stock, valued at approximately $1,857,706.40. The trade was a 5.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP David Foskett sold 266 shares of the business's stock in a transaction dated Thursday, February 5th. The shares were 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 directly owned 10,954 shares of the company's stock, valued at approximately $2,596,098. The trade was a 2.37% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 3,158 shares of company stock worth $766,263. Insiders own 0.20% of the company's stock.

Automatic Data Processing Trading Down 3.7%

ADP stock opened at $188.79 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.03 and a quick ratio of 1.03. The company has a fifty day moving average price of $213.06 and a two-hundred day moving average price of $247.04. Automatic Data Processing, Inc. has a one year low of $188.16 and a one year high of $329.93. The stock has a market cap of $76.01 billion, a price-to-earnings ratio of 18.15 and a beta of 0.85.

Automatic Data Processing (NASDAQ:ADP - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The business services provider reported $2.62 EPS for the quarter, topping analysts' consensus estimates of $2.57 by $0.05. Automatic Data Processing had a net margin of 19.96% and a return on equity of 68.44%. The firm had revenue of $5.36 billion during the quarter, compared to analysts' expectations of $5.34 billion. During the same period in the previous year, the business posted $2.35 earnings per share. The company's revenue for the quarter was up 6.2% compared to the same quarter last year. Automatic Data Processing has set its FY 2026 guidance at 10.091-11.011 EPS. Equities analysts anticipate that Automatic Data Processing, Inc. will post 9.93 EPS for the current year.

Automatic Data Processing Announces Dividend

The firm 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 $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date of this dividend is Friday, June 12th. Automatic Data Processing's payout ratio is presently 65.38%.

Automatic Data Processing announced that its Board of Directors has initiated a share buyback plan on Wednesday, January 14th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the business services provider to reacquire up to 5.8% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's board believes its stock is undervalued.

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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