Rep. Lisa C. McClain Sells Off Shares of Automatic Data Processing, Inc. (NASDAQ:ADP)

Key Points

• Representative Lisa C. McClain sold shares of Automatic Data Processing (NASDAQ:ADP) valued between $1,001 and $15,000 on July 16th, 2023.
• ADP reported a quarterly earnings per share of $2.26, exceeding analysts' expectations, with revenue reaching $5.13 billion for the quarter.
• Automatic Data Processing announced a quarterly dividend of $1.54 per share, with a yield of 2.0%, to be paid on October 1st.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Automatic Data Processing, Inc. NASDAQ: ADP. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Automatic Data Processing stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Automatic Data Processing Trading Up 0.0%

Shares of NASDAQ ADP traded up $0.11 during midday trading on Friday, reaching $301.79. 1,362,355 shares of the stock were exchanged, compared to its average volume of 1,535,148. The business has a 50-day simple moving average of $305.74 and a two-hundred day simple moving average of $305.57. The company has a market capitalization of $122.24 billion, a price-to-earnings ratio of 30.24, a P/E/G ratio of 2.77 and a beta of 0.81. Automatic Data Processing, Inc. has a 12 month low of $262.21 and a 12 month high of $329.93. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.05 and a quick ratio of 1.05.

Automatic Data Processing (NASDAQ:ADP - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The business services provider reported $2.26 EPS for the quarter, beating the consensus estimate of $2.23 by $0.03. The business had revenue of $5.13 billion for the quarter, compared to analysts' expectations of $5.05 billion. Automatic Data Processing had a net margin of 19.84% and a return on equity of 72.84%. The firm's revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.09 EPS. As a group, equities research analysts expect 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, October 1st. Shareholders of record on Friday, September 12th will be issued a dividend of $1.54 per share. This represents a $6.16 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend is Friday, September 12th. Automatic Data Processing's payout ratio is currently 61.72%.

Institutional Investors Weigh In On Automatic Data Processing

A number of large investors have recently bought and sold shares of ADP. Laurel Wealth Advisors LLC grew its holdings in Automatic Data Processing by 30,110.7% in the second quarter. Laurel Wealth Advisors LLC now owns 4,668,758 shares of the business services provider's stock worth $1,439,845,000 after purchasing an additional 4,653,304 shares during the period. GAMMA Investing LLC grew its holdings in shares of Automatic Data Processing by 34,655.1% during the first quarter. GAMMA Investing LLC now owns 2,901,007 shares of the business services provider's stock valued at $886,345,000 after buying an additional 2,892,660 shares during the last quarter. Norges Bank acquired a new position in shares of Automatic Data Processing during the second quarter valued at about $696,841,000. Nuveen LLC acquired a new position in shares of Automatic Data Processing during the first quarter valued at about $661,771,000. Finally, Capital Research Global Investors grew its holdings in shares of Automatic Data Processing by 26.9% during the fourth quarter. Capital Research Global Investors now owns 6,136,763 shares of the business services provider's stock valued at $1,796,415,000 after buying an additional 1,299,390 shares during the last quarter. 80.03% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on ADP shares. Morgan Stanley increased their target price on shares of Automatic Data Processing from $310.00 to $311.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 31st. UBS Group cut their price target on shares of Automatic Data Processing from $323.00 to $315.00 and set a "neutral" rating for the company in a report on Friday, June 13th. Mizuho upped their price target on shares of Automatic Data Processing from $321.00 to $332.00 and gave the stock an "outperform" rating in a report on Friday, June 13th. BMO Capital Markets raised shares of Automatic Data Processing to a "hold" rating and set a $340.00 price target for the company in a report on Thursday, July 10th. Finally, Stifel Nicolaus upped their price target on shares of Automatic Data Processing from $305.00 to $318.00 and gave the stock a "hold" rating in a report on Thursday, July 31st. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, Automatic Data Processing has a consensus rating of "Hold" and an average price target of $314.33.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About Automatic Data Processing

Automatic Data Processing, Inc provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions.

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