Automatic Data Processing, Inc. $ADP Stock Holdings Boosted by Creative Capital Management Investments LLC

Creative Capital Management Investments LLC lifted its position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 42.4% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 762 shares of the business services provider’s stock after acquiring an additional 227 shares during the period. Creative Capital Management Investments LLC’s holdings in Automatic Data Processing were worth $235,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of ADP. Activest Wealth Management increased its stake in Automatic Data Processing by 2,600.0% during the 1st quarter. Activest Wealth Management now owns 81 shares of the business services provider’s stock valued at $25,000 after buying an additional 78 shares during the period. Clarity Asset Management Inc. acquired a new position in Automatic Data Processing during the 1st quarter valued at about $29,000. von Borstel & Associates Inc. acquired a new position in Automatic Data Processing during the 1st quarter valued at about $30,000. Y.D. More Investments Ltd acquired a new position in Automatic Data Processing during the 1st quarter valued at about $35,000. Finally, Abound Wealth Management increased its stake in Automatic Data Processing by 58.1% during the 1st quarter. Abound Wealth Management now owns 117 shares of the business services provider’s stock valued at $36,000 after buying an additional 43 shares during the period. Institutional investors own 80.03% of the company’s stock.

Automatic Data Processing Stock Performance

NASDAQ:ADP opened at $291.31 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.64. Automatic Data Processing, Inc. has a twelve month low of $272.62 and a twelve month high of $329.93. The firm has a market cap of $118.01 billion, a price-to-earnings ratio of 29.19, a price-to-earnings-growth ratio of 2.65 and a beta of 0.82. The company has a 50-day moving average of $299.08 and a 200-day moving average of $303.37.

Automatic Data Processing (NASDAQ:ADP) last posted its quarterly earnings data on Wednesday, July 30th. The business services provider reported $2.26 EPS for the quarter, beating analysts’ consensus estimates of $2.23 by $0.03. Automatic Data Processing had a net margin of 19.84% and a return on equity of 72.84%. The company had revenue of $5.13 billion during the quarter, compared to analyst estimates of $5.05 billion. During the same period in the prior year, the firm earned $2.09 earnings per share. The business’s quarterly revenue was up 6.3% on a year-over-year basis. Automatic Data Processing has set its FY 2026 guidance at 10.811-11.011 EPS. Analysts forecast that Automatic Data Processing, Inc. will post 9.93 earnings per share for the current fiscal year.

Automatic Data Processing Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 12th were paid a dividend of $1.54 per share. The ex-dividend date of this dividend was Friday, September 12th. This represents a $6.16 dividend on an annualized basis and a yield of 2.1%. Automatic Data Processing’s dividend payout ratio is currently 61.72%.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Automatic Data Processing in a research note on Saturday, September 27th. Dbs Bank raised shares of Automatic Data Processing to a “hold” rating in a research note on Thursday, August 21st. Mizuho raised their target price on shares of Automatic Data Processing from $321.00 to $332.00 and gave the company an “outperform” rating in a research note on Friday, June 13th. Morgan Stanley raised their price objective on shares of Automatic Data Processing from $310.00 to $311.00 and gave the company an “equal weight” rating in a research report on Thursday, July 31st. Finally, UBS Group reduced their price objective on shares of Automatic Data Processing from $315.00 to $290.00 and set a “neutral” rating for the company in a research report on Wednesday, September 17th. Three analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, Automatic Data Processing has an average rating of “Hold” and a consensus price target of $316.70.

Insider Activity at Automatic Data Processing

In other Automatic Data Processing news, VP Christopher D’ambrosio sold 597 shares of the company’s stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $296.90, for a total transaction of $177,249.30. Following the completion of the sale, the vice president directly owned 10,541 shares of the company’s stock, valued at approximately $3,129,622.90. This represents a 5.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Michael A. Bonarti sold 8,728 shares of the company’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $298.43, for a total transaction of $2,604,697.04. Following the sale, the vice president directly owned 80,531 shares of the company’s stock, valued at $24,032,866.33. This represents a 9.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 52,516 shares of company stock valued at $15,632,410. Corporate insiders own 0.20% of the company’s stock.

Automatic Data Processing Profile

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.