Investment Analysts’ Recent Ratings Changes for Automatic Data Processing (ADP)

A number of firms have modified their ratings and price targets on shares of Automatic Data Processing (NASDAQ: ADP) recently:

• 2/9/2026 – Automatic Data Processing had its price target lowered by analysts at Stifel Nicolaus from $280.00 to $270.00. They now have a “hold” rating on the stock.
• 1/29/2026 – Automatic Data Processing had its price target lowered by analysts at Morgan Stanley from $311.00 to $274.00. They now have an “equal weight” rating on the stock.
• 1/29/2026 – Automatic Data Processing had its price target lowered by analysts at Citigroup Inc. from $303.00 to $265.00. They now have a “neutral” rating on the stock.
• 1/29/2026 – Automatic Data Processing had its price target lowered by analysts at JPMorgan Chase & Co. from $295.00 to $275.00. They now have an “underweight” rating on the stock.
• 1/29/2026 – Automatic Data Processing had its price target lowered by analysts at Wells Fargo & Company from $272.00 to $262.00. They now have an “underweight” rating on the stock.
• 1/29/2026 – Automatic Data Processing had its price target lowered by analysts at Stifel Nicolaus from $290.00 to $280.00. They now have a “hold” rating on the stock.
• 1/27/2026 – Automatic Data Processing is now covered by analysts at Cantor Fitzgerald. They set an “overweight” rating and a $306.00 price target on the stock.
• 12/29/2025 – Automatic Data Processing had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/22/2025 – Automatic Data Processing had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/16/2025 – Automatic Data Processing had its “underperform” rating reaffirmed by analysts at Jefferies Financial Group Inc.. They now have a $230.00 price target on the stock, down previously from $245.00.
• 12/15/2025 – Automatic Data Processing had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
• 12/15/2025 – Automatic Data Processing was downgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “moderate sell” rating.

Automatic Data Processing Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Friday, March 13th will be issued a $1.70 dividend. This represents a $6.80 annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Friday, March 13th. Automatic Data Processing’s payout ratio is currently 65.38%.

Insider Transactions at Automatic Data Processing

In other Automatic Data Processing news, VP Christopher D’ambrosio sold 543 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $262.29, for a total value of $142,423.47. Following the transaction, the vice president directly owned 9,998 shares of the company’s stock, valued at $2,622,375.42. This represents a 5.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Brian L. Michaud sold 1,000 shares of Automatic Data Processing stock in a transaction on Friday, February 6th. The stock was sold at an average price of $234.18, for a total value of $234,180.00. Following the sale, the vice president directly owned 15,310 shares of the company’s stock, valued at $3,585,295.80. This represents a 6.13% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 3,515 shares of company stock worth $887,074 over the last three months. Company insiders own 0.20% of the company’s stock.

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.