Automatic Data Processing, Inc. $ADP Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd decreased its position in Automatic Data Processing, Inc. (NASDAQ:ADP) by 9.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 109,420 shares of the business services provider’s stock after selling 11,233 shares during the period. Mediolanum International Funds Ltd’s holdings in Automatic Data Processing were worth $32,023,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Laurel Wealth Advisors LLC grew its holdings in shares of Automatic Data Processing by 30,110.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,668,758 shares of the business services provider’s stock worth $1,439,845,000 after purchasing an additional 4,653,304 shares during the period. Norges Bank purchased a new stake in Automatic Data Processing in the 2nd quarter valued at about $696,841,000. Amundi lifted its position in Automatic Data Processing by 24.9% in the second quarter. Amundi now owns 3,109,120 shares of the business services provider’s stock valued at $948,549,000 after buying an additional 619,829 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Automatic Data Processing by 26.6% during the second quarter. JPMorgan Chase & Co. now owns 2,812,637 shares of the business services provider’s stock worth $867,445,000 after buying an additional 591,800 shares during the period. Finally, Invesco Ltd. increased its position in shares of Automatic Data Processing by 13.5% during the second quarter. Invesco Ltd. now owns 4,576,681 shares of the business services provider’s stock valued at $1,411,449,000 after acquiring an additional 544,968 shares during the last quarter. Hedge funds and other institutional investors own 80.03% of the company’s stock.

Automatic Data Processing News Roundup

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

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Jefferies Financial Group restated an “underperform” rating and issued a $230.00 price objective (down from $245.00) on shares of Automatic Data Processing in a report on Tuesday, December 16th. 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. Citigroup lowered their price target on Automatic Data Processing from $303.00 to $265.00 and set a “neutral” rating for the company in a research report on Thursday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Automatic Data Processing in a report on Monday, December 29th. Finally, Stifel Nicolaus decreased their target price on Automatic Data Processing from $290.00 to $280.00 and set a “hold” rating on the stock in a research note on Thursday. Three equities research 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 data from MarketBeat, Automatic Data Processing presently has an average rating of “Hold” and an average price target of $295.38.

Insider Buying and Selling

In other Automatic Data Processing news, VP Christopher D’ambrosio sold 543 shares of the business’s stock in a transaction that occurred on Tuesday, January 13th. The shares were 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 legal filing with the SEC, which is available at this link. Also, VP David Kwon sold 806 shares of the stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $264.80, for a total transaction of $213,428.80. Following the completion of the sale, the vice president directly owned 11,187 shares in the company, valued at approximately $2,962,317.60. This represents a 6.72% 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 over the last 90 days. Insiders own 0.20% of the company’s stock.

Automatic Data Processing Stock Up 0.3%

Automatic Data Processing stock opened at $246.82 on Friday. 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 has a current ratio of 1.03, a quick ratio of 1.05 and a debt-to-equity ratio of 0.62. Automatic Data Processing, Inc. has a twelve month low of $243.68 and a twelve month high of $329.93. The stock’s fifty day simple moving average is $258.36 and its 200-day simple moving average is $277.79.

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

Automatic Data Processing Announces Dividend

The business 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 dividend of $1.70 per share. The ex-dividend date of this dividend is Friday, March 13th. This represents a $6.80 dividend on an annualized basis and a dividend yield of 2.8%. Automatic Data Processing’s payout ratio is currently 65.38%.

Automatic Data Processing announced that its Board of Directors has initiated a share buyback program on Wednesday, January 14th that allows the company to buyback $6.00 billion in shares. This buyback authorization allows the business services provider to purchase up to 5.8% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

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.