Automatic Data Processing (ADP) – Research Analysts’ Recent Ratings Updates

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

• 5/5/2026 – Automatic Data Processing had its price target lowered by Argus from $300.00 to $240.00. They now have a “buy” rating on the stock.
• 4/30/2026 – Automatic Data Processing had its price target lowered by Mizuho from $332.00 to $305.00.
• 4/30/2026 – Automatic Data Processing had its price target lowered by Jefferies Financial Group Inc. from $230.00 to $190.00.
• 4/30/2026 – Automatic Data Processing had its price target lowered by Robert W. Baird from $300.00 to $270.00.
• 4/30/2026 – Automatic Data Processing had its price target lowered by Stifel Nicolaus from $270.00 to $240.00.
• 4/30/2026 – Automatic Data Processing had its price target raised by UBS Group AG from $210.00 to $218.00. They now have a “neutral” rating on the stock.
• 4/30/2026 – Automatic Data Processing had its price target lowered by Citigroup Inc. from $265.00 to $230.00. They now have a “neutral” rating on the stock.
• 4/30/2026 – Automatic Data Processing had its price target raised by TD Cowen from $208.00 to $216.00. They now have a “hold” rating on the stock.
• 4/29/2026 – Automatic Data Processing had its price target lowered by Cantor Fitzgerald from $306.00 to $244.00. They now have an “overweight” rating on the stock.
• 4/28/2026 – Automatic Data Processing had its price target lowered by Morgan Stanley from $311.00 to $274.00. They now have an “equal weight” rating on the stock.
• 4/21/2026 – Automatic Data Processing had its price target lowered by Cantor Fitzgerald from $306.00 to $244.00. They now have an “overweight” rating on the stock.
• 4/13/2026 – Automatic Data Processing had its price target lowered by UBS Group AG from $220.00 to $210.00. They now have a “neutral” rating on the stock.
• 4/7/2026 – Automatic Data Processing had its price target lowered by BMO Capital Markets from $281.00 to $234.00. They now have a “market perform” rating on the stock.
• 3/27/2026 – Automatic Data Processing had its price target lowered by Wells Fargo & Company from $262.00 to $214.00. They now have an “underweight” rating on the stock.
• 3/19/2026 – Automatic Data Processing is now covered by Guggenheim. They set a “buy” rating and a $270.00 price target on the stock.
• 3/18/2026 – Automatic Data Processing was upgraded by Guggenheim to “strong-buy”.

Automatic Data Processing Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th will be issued a $1.70 dividend. This represents a $6.80 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Friday, June 12th. Automatic Data Processing’s dividend payout ratio (DPR) is currently 63.43%.

Insiders Place Their Bets

In other Automatic Data Processing news, VP Brian L. Michaud sold 1,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $234.18, for a total value of $234,180.00. Following the completion of the sale, the vice president owned 15,310 shares of the company’s stock, valued at approximately $3,585,295.80. This trade represents a 6.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP David Foskett sold 266 shares of the firm’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $237.00, for a total value of $63,042.00. Following the completion of the sale, the vice president directly owned 10,954 shares of the company’s stock, valued at approximately $2,596,098. This represents a 2.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,809 shares of company stock valued at $410,410. 0.20% of the stock is currently owned by corporate insiders.

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.