Groupe la Francaise Has $4.62 Million Stock Position in Automatic Data Processing, Inc. $ADP

Groupe la Francaise grew its stake in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 10.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 22,762 shares of the business services provider’s stock after buying an additional 2,225 shares during the quarter. Groupe la Francaise’s holdings in Automatic Data Processing were worth $4,625,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of ADP. Orographic Financial Advisors LLC bought a new position in Automatic Data Processing in the 1st quarter valued at approximately $307,000. Kentucky Retirement Systems increased its position in Automatic Data Processing by 55.4% in the 1st quarter. Kentucky Retirement Systems now owns 39,747 shares of the business services provider’s stock valued at $8,076,000 after acquiring an additional 14,163 shares during the period. Janus Henderson Group PLC raised its stake in shares of Automatic Data Processing by 3.7% during the first quarter. Janus Henderson Group PLC now owns 53,557 shares of the business services provider’s stock valued at $10,882,000 after acquiring an additional 1,930 shares during the last quarter. Bull Harbor Capital LLC bought a new position in shares of Automatic Data Processing during the first quarter valued at $336,000. Finally, Strategic Investment Advisors MI acquired a new position in shares of Automatic Data Processing during the first quarter worth $110,000. 80.03% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on ADP shares. Citigroup boosted their price objective on shares of Automatic Data Processing from $230.00 to $287.00 and gave the stock a “neutral” rating in a research note on Thursday. Morgan Stanley raised their target price on Automatic Data Processing from $240.00 to $286.00 and gave the stock an “equal weight” rating in a research report on Thursday. TD Cowen lifted their target price on Automatic Data Processing from $216.00 to $223.00 and gave the stock a “hold” rating in a report on Monday, July 6th. Stifel Nicolaus upped their price target on Automatic Data Processing from $260.00 to $285.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Weiss Ratings raised Automatic Data Processing from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Automatic Data Processing currently has a consensus rating of “Hold” and an average target price of $272.43.

Insider Buying and Selling

In related news, VP David Kwon sold 2,414 shares of the business’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $265.62, for a total value of $641,206.68. Following the completion of the sale, the vice president directly owned 9,660 shares of the company’s stock, valued at $2,565,889.20. The trade was a 19.99% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.20% of the stock is owned by insiders.

Automatic Data Processing News Summary

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

• Positive Sentiment: Quarterly results exceeded expectations. ADP reported adjusted earnings of $2.64 per share versus the $2.59 consensus estimate, while revenue of $5.47 billion topped estimates of $5.44 billion and increased 6.8% year over year. Management’s fiscal 2027 EPS guidance of $12.12–$12.34 also supports the bullish outlook. ADP’s Q2 CY2026 sales beat estimates
• Positive Sentiment: Analysts raised price targets following the earnings report. Guggenheim increased its target to $300 and upgraded ADP to “buy.” BMO Capital Markets raised its target to $305, while Citigroup, Morgan Stanley, Stifel and Wells Fargo lifted targets to $287, $286, $285 and $283, respectively. These revisions indicate improved confidence in ADP’s earnings outlook. BMO Capital Markets increases ADP price target
• Positive Sentiment: A new buy recommendation adds further support. Commentary following the earnings release described ADP’s valuation as reasonable after its strong long-term performance and maintained a constructive view of the stock. Automatic Data Processing new buy recommendation
• Neutral Sentiment: Most analysts remain cautious despite higher targets. Citigroup, Morgan Stanley, Stifel and Wells Fargo maintained neutral, equal-weight or hold ratings, suggesting that much of the earnings improvement may already be reflected in ADP’s valuation.
• Negative Sentiment: An executive sold shares. Vice President David Kwon sold 2,414 shares for approximately $641,207, reducing his ownership by about 20%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal. SEC insider transaction filing

Automatic Data Processing Trading Up 1.0%

NASDAQ:ADP opened at $266.46 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.04 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $106.51 billion, a price-to-earnings ratio of 24.36 and a beta of 0.83. The firm has a fifty day simple moving average of $235.88 and a two-hundred day simple moving average of $224.60. Automatic Data Processing, Inc. has a 12 month low of $188.16 and a 12 month high of $315.26.

Automatic Data Processing (NASDAQ:ADP) last posted its quarterly earnings results on Wednesday, July 29th. The business services provider reported $2.64 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.05. Automatic Data Processing had a net margin of 20.11% and a return on equity of 71.34%. The firm had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the previous year, the firm posted $2.26 earnings per share. The business’s revenue was up 6.8% compared to the same quarter last year. Automatic Data Processing has set its FY 2027 guidance at 12.120-12.340 EPS. Analysts expect that Automatic Data Processing, Inc. will post 12.24 EPS for the current fiscal year.

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.