Wealth Enhancement Advisory Services LLC Has $62.16 Million Position in Automatic Data Processing, Inc. $ADP

Wealth Enhancement Advisory Services LLC cut its position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 4.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 238,037 shares of the business services provider’s stock after selling 12,228 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Automatic Data Processing were worth $62,160,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. NorthCrest Asset Manangement LLC increased its position in shares of Automatic Data Processing by 11.0% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 1,001 shares of the business services provider’s stock valued at $258,000 after purchasing an additional 99 shares during the period. Chesapeake Asset Management LLC increased its holdings in Automatic Data Processing by 2.6% in the 4th quarter. Chesapeake Asset Management LLC now owns 1,909 shares of the business services provider’s stock valued at $491,000 after buying an additional 48 shares during the period. Maridea Wealth Management LLC raised its stake in shares of Automatic Data Processing by 12.4% in the 4th quarter. Maridea Wealth Management LLC now owns 1,007 shares of the business services provider’s stock valued at $259,000 after buying an additional 111 shares in the last quarter. Lake Street Private Wealth LLC lifted its holdings in shares of Automatic Data Processing by 68.0% during the 4th quarter. Lake Street Private Wealth LLC now owns 4,383 shares of the business services provider’s stock worth $1,128,000 after acquiring an additional 1,774 shares during the period. Finally, Clark & Stuart Inc boosted its position in shares of Automatic Data Processing by 404.2% during the 4th quarter. Clark & Stuart Inc now owns 14,491 shares of the business services provider’s stock valued at $3,748,000 after acquiring an additional 11,617 shares in the last quarter. Institutional investors and hedge funds own 80.03% of the company’s stock.

Key Stories Impacting Automatic Data Processing

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

• Positive Sentiment: Guggenheim initiated coverage of ADP with a Buy / Strong‑Buy rating and a $270 price target (roughly ~29% upside from recent levels); the firm argued AI fears are premature and flagged ADP’s durable cash flows and dividend profile as positives. Guggenheim initiates coverage of Automatic Data Processing (ADP) with buy recommendation Guggenheim Initiates ADP as Buy, Says Fears around AI Are Premature Zacks summary
• Neutral Sentiment: ADP was highlighted in dividend-stock writeups (InsiderMonkey / other outlets) emphasizing its ~3%+ yield and steady income characteristics — supports longer-term investor interest but is not an immediate catalyst. 5 Dividend Stocks to Buy for Steady Income
• Neutral Sentiment: Published short‑interest data in feeds shows a large March “increase,” but the print is internally inconsistent (zeros/NaN). This appears to be a data error and shouldn’t be treated as a genuine short‑squeeze signal without corrected filings.
• Negative Sentiment: MarketWatch noted ADP underperformed peers recently despite some daily gains, a reminder that positive analyst notes don’t always produce immediate outperformance — investors may be taking profits or reacting to broader market/sector pressure. Automatic Data Processing Inc. stock underperforms

Insiders Place Their Bets

In related news, VP Christopher D’ambrosio sold 543 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $262.29, for a total transaction of $142,423.47. Following the transaction, the vice president owned 9,998 shares in the company, valued at $2,622,375.42. This represents a 5.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP David Kwon sold 900 shares of the stock in a transaction dated Tuesday, January 6th. The stock was sold at an average price of $260.00, for a total transaction of $234,000.00. Following the sale, the vice president directly owned 11,993 shares in the company, valued at approximately $3,118,180. This represents a 6.98% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 4,058 shares of company stock worth $1,000,263 in the last three months. Company insiders own 0.20% of the company’s stock.

Automatic Data Processing Price Performance

Shares of Automatic Data Processing stock opened at $208.72 on Monday. The stock has a market capitalization of $84.04 billion, a price-to-earnings ratio of 20.07 and a beta of 0.86. The firm’s 50-day moving average price is $229.28 and its two-hundred day moving average price is $256.36. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. Automatic Data Processing, Inc. has a 1-year low of $203.26 and a 1-year high of $329.93.

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

Automatic Data Processing declared that its board has authorized a stock repurchase program on Wednesday, January 14th that authorizes the company to repurchase $6.00 billion in shares. This repurchase authorization authorizes the business services provider to buy up to 5.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Automatic Data Processing Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be paid a $1.70 dividend. The ex-dividend date of this dividend is Friday, March 13th. This represents a $6.80 dividend on an annualized basis and a yield of 3.3%. Automatic Data Processing’s payout ratio is currently 65.38%.

Analyst Upgrades and Downgrades

ADP has been the topic of a number of analyst reports. Wells Fargo & Company lowered their target price on shares of Automatic Data Processing from $272.00 to $262.00 and set an “underweight” rating on the stock in a research note on Thursday, January 29th. Guggenheim started coverage on Automatic Data Processing in a report on Thursday. They set a “buy” rating and a $270.00 price objective on the stock. Stifel Nicolaus dropped their target price on Automatic Data Processing from $280.00 to $270.00 and set a “hold” rating for the company in a report on Monday, February 9th. Cantor Fitzgerald started coverage on Automatic Data Processing in a research report on Tuesday, January 27th. They set an “overweight” rating and a $306.00 target price for the company. Finally, JPMorgan Chase & Co. decreased their price target on Automatic Data Processing from $295.00 to $275.00 and set an “underweight” rating on the stock in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Automatic Data Processing presently has a consensus rating of “Hold” and a consensus target price of $288.46.

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.