Automatic Data Processing, Inc. $ADP Shares Purchased by Keybank National Association OH

Keybank National Association OH raised its position in Automatic Data Processing, Inc. (NASDAQ:ADP) by 8.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 185,195 shares of the business services provider’s stock after purchasing an additional 14,064 shares during the quarter. Keybank National Association OH’s holdings in Automatic Data Processing were worth $54,355,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ADP. MWA Asset Management raised its stake in shares of Automatic Data Processing by 3.6% in the third quarter. MWA Asset Management now owns 2,709 shares of the business services provider’s stock valued at $795,000 after acquiring an additional 93 shares in the last quarter. OneAscent Investment Solutions LLC raised its position in shares of Automatic Data Processing by 41.4% during the 3rd quarter. OneAscent Investment Solutions LLC now owns 1,891 shares of the business services provider’s stock worth $555,000 after acquiring an additional 554 shares in the last quarter. National Pension Service lifted its stake in Automatic Data Processing by 2.3% during the third quarter. National Pension Service now owns 866,338 shares of the business services provider’s stock worth $254,270,000 after purchasing an additional 19,619 shares during the last quarter. AlphaQuest LLC acquired a new position in Automatic Data Processing in the third quarter valued at approximately $38,000. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO increased its stake in Automatic Data Processing by 2.0% in the third quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 9,437 shares of the business services provider’s stock valued at $2,770,000 after purchasing an additional 182 shares during the last quarter. Hedge funds and other institutional investors 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: Q4 / Q2 results and guidance — ADP beat revenue and EPS estimates, showed broad-based growth and margin stability, and set FY26 EPS guidance above street projections; management reiterated an upbeat outlook and a buyback. These execution and capital-allocation signals support the stock’s upward reaction. ADP Q4 Deep Dive
• Positive Sentiment: Earnings call takeaways — summaries and highlights (management tone, buyback, and stronger Employer Services performance) reinforced the beat-and-raise narrative that underpins near-term fundamentals. ADP Earnings Call Highlights
• Neutral Sentiment: New coverage and analyst reports — Cantor Fitzgerald initiated coverage and independent analyst notes (Argus) provide fresh research flow that can increase trading interest but are mixed in directional impact. Coverage Initiated at Cantor Fitzgerald Analyst Report: Automatic Data Processing Inc.
• Negative Sentiment: Multiple price‑target cuts and downgrades — Morgan Stanley, Citigroup, JPMorgan, Wells Fargo and Stifel trimmed targets and moved to neutral/underweight/hold stances, signaling reduced analyst conviction and pressuring investor sentiment despite upside still implied by some revised targets. Benzinga coverage of analyst actions
• Negative Sentiment: 52‑week low headline — reports that ADP hit a 52‑week low attract attention and can trigger short-term selling or defensive positioning by momentum and quant funds. Adp stock hits 52-week low

Automatic Data Processing Price Performance

Shares of NASDAQ ADP opened at $246.82 on Friday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.05 and a current ratio of 1.03. Automatic Data Processing, Inc. has a one year low of $243.68 and a one year high of $329.93. The firm has a market capitalization of $99.83 billion, a P/E ratio of 23.73 and a beta of 0.86. The company’s fifty day moving average is $258.36 and its two-hundred day moving average is $277.93.

Automatic Data Processing (NASDAQ:ADP) last issued 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%. The firm’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period last year, the company posted $2.35 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 10.091-11.011 EPS. Analysts forecast that Automatic Data Processing, Inc. will post 9.93 EPS for the current fiscal year.

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

Automatic Data Processing Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Friday, March 13th will be given a $1.70 dividend. This represents a $6.80 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, March 13th. Automatic Data Processing’s payout ratio is currently 65.38%.

Insider Activity at Automatic Data Processing

In other news, VP David Kwon sold 900 shares of the firm’s stock in a transaction on 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 owned 11,993 shares in the company, valued at $3,118,180. This trade represents a 6.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Christopher D’ambrosio sold 543 shares of the company’s stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $262.29, for a total value of $142,423.47. Following the completion of the transaction, the vice president owned 9,998 shares of the company’s stock, valued at $2,622,375.42. The trade was a 5.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,249 shares of company stock worth $589,852 in the last three months. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

ADP has been the subject of several research analyst reports. Citigroup lowered their target price on shares of Automatic Data Processing from $303.00 to $265.00 and set a “neutral” rating for the company in a report on Thursday. Wells Fargo & Company cut their target price on Automatic Data Processing from $272.00 to $262.00 and set an “underweight” rating on the stock in a research report on Thursday. Morgan Stanley decreased their target price on Automatic Data Processing from $311.00 to $274.00 and set an “equal weight” rating for the company in a research report on Thursday. Cantor Fitzgerald started coverage on Automatic Data Processing in a research report on Tuesday. They set an “overweight” rating and a $306.00 price target on the stock. Finally, JPMorgan Chase & Co. decreased their price objective on Automatic Data Processing from $295.00 to $275.00 and set an “underweight” rating for the company in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $295.38.

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.