Universal Beteiligungs und Servicegesellschaft mbH Decreases Position in Automatic Data Processing, Inc. $ADP

Universal Beteiligungs und Servicegesellschaft mbH reduced its holdings in shares of Automatic Data Processing, Inc. (NASDAQ:ADP) by 3.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 517,105 shares of the business services provider’s stock after selling 21,123 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned about 0.13% of Automatic Data Processing worth $151,770,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in ADP. Brighton Jones LLC boosted its position in shares of Automatic Data Processing by 92.1% during the 4th quarter. Brighton Jones LLC now owns 10,026 shares of the business services provider’s stock valued at $2,935,000 after purchasing an additional 4,808 shares in the last quarter. Bison Wealth LLC raised its position in shares of Automatic Data Processing by 22.8% in the fourth quarter. Bison Wealth LLC now owns 3,664 shares of the business services provider’s stock valued at $1,073,000 after purchasing an additional 681 shares during the period. Sowell Financial Services LLC increased its stake in Automatic Data Processing by 1.0% in the 2nd quarter. Sowell Financial Services LLC now owns 6,637 shares of the business services provider’s stock worth $2,047,000 after acquiring an additional 67 shares during the last quarter. Foster Group Inc. boosted its stake in Automatic Data Processing by 8.7% in the second quarter. Foster Group Inc. now owns 1,463 shares of the business services provider’s stock worth $451,000 after buying an additional 117 shares in the last quarter. Finally, Argentarii LLC grew its holdings in shares of Automatic Data Processing by 2.0% in the second quarter. Argentarii LLC now owns 1,943 shares of the business services provider’s stock worth $599,000 after purchasing an additional 39 shares during the last quarter. Institutional investors and hedge funds own 80.03% of the company’s stock.

Insider Activity at Automatic Data Processing

In related news, VP Christopher D’ambrosio sold 543 shares of the business’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $262.29, for a total transaction of $142,423.47. Following the completion of the transaction, the vice president owned 9,998 shares in the company, valued at $2,622,375.42. The trade was a 5.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP David Kwon sold 806 shares of the business’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $264.80, for a total value of $213,428.80. Following the transaction, the vice president owned 11,187 shares of the company’s stock, valued at $2,962,317.60. This trade represents a 6.72% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 2,249 shares of company stock worth $589,852. Company insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

ADP has been the topic of a number of recent research reports. Jefferies Financial Group restated an “underperform” rating and issued a $230.00 price objective (down previously from $245.00) on shares of Automatic Data Processing in a report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c+)” rating on shares of Automatic Data Processing in a research note on Monday, December 29th. JPMorgan Chase & Co. reduced their price objective on shares of Automatic Data Processing from $340.00 to $295.00 and set an “underweight” rating on the stock in a research report on Thursday, October 30th. Citigroup initiated coverage on shares of Automatic Data Processing in a report on Thursday, October 23rd. They set a “neutral” rating and a $303.00 target price on the stock. Finally, Wells Fargo & Company lowered their price target on Automatic Data Processing from $288.00 to $272.00 and set an “underweight” rating for the company in a report on Thursday, October 30th. Two analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $306.42.

Automatic Data Processing Trading Down 2.1%

Automatic Data Processing stock opened at $255.10 on Wednesday. Automatic Data Processing, Inc. has a 52 week low of $247.18 and a 52 week high of $329.93. The stock has a 50-day moving average price of $258.05 and a 200 day moving average price of $280.47. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.62. The stock has a market cap of $103.17 billion, a PE ratio of 25.18 and a beta of 0.86.

Automatic Data Processing (NASDAQ:ADP) last issued its quarterly earnings results on Wednesday, October 29th. The business services provider reported $2.49 EPS for the quarter, topping the consensus estimate of $2.44 by $0.05. Automatic Data Processing had a net margin of 19.79% and a return on equity of 70.63%. The firm had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.14 billion. During the same quarter in the prior year, the business posted $2.33 earnings per share. Automatic Data Processing’s revenue for the quarter was up 7.1% compared to the same quarter last year. Automatic Data Processing has set its FY 2026 guidance at 10.811-11.011 EPS. Equities research 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 initiated a share repurchase plan on Wednesday, January 14th that permits the company to repurchase $6.00 billion in shares. This repurchase authorization permits the business services provider to reacquire up to 5.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Automatic Data Processing Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be paid a dividend of $1.70 per share. The ex-dividend date is Friday, March 13th. This represents a $6.80 annualized dividend and a yield of 2.7%. Automatic Data Processing’s payout ratio is presently 67.13%.

Automatic Data Processing Company 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.