Rep. Gilbert Ray Cisneros, Jr. Purchases Automatic Data Processing, Inc. (NASDAQ:ADP) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Automatic Data Processing, Inc. (NASDAQ:ADP). In a filing disclosed on July 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Automatic Data Processing stock on June 16th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
• Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
• Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

Automatic Data Processing Stock Performance

ADP remained flat at $242.27 during midday trading on Friday. The company’s stock had a trading volume of 2,485,309 shares, compared to its average volume of 2,912,206. The firm has a market cap of $96.84 billion, a PE ratio of 22.60 and a beta of 0.83. Automatic Data Processing, Inc. has a 12-month low of $188.16 and a 12-month high of $315.98. The company’s 50 day simple moving average is $219.94 and its 200-day simple moving average is $225.81. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.63.

Automatic Data Processing (NASDAQ:ADP) last issued its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.30 by $0.07. The firm had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.85 billion. Automatic Data Processing had a net margin of 20.12% and a return on equity of 68.82%. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.06 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. On average, research analysts anticipate that Automatic Data Processing, Inc. will post 11.08 earnings per share for the current year.

Automatic Data Processing Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th were paid a $1.70 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $6.80 annualized dividend and a yield of 2.8%. Automatic Data Processing’s dividend payout ratio is presently 63.43%.

Institutional Investors Weigh In On Automatic Data Processing

Hedge funds and other institutional investors have recently modified their holdings of the company. MassMutual Private Wealth & Trust FSB increased its holdings in shares of Automatic Data Processing by 9.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 2,883 shares of the business services provider’s stock worth $646,000 after purchasing an additional 248 shares during the period. Redwood Investment Management LLC bought a new stake in shares of Automatic Data Processing during the 1st quarter valued at $730,000. Sapient Capital LLC grew its holdings in shares of Automatic Data Processing by 125.8% during the 1st quarter. Sapient Capital LLC now owns 3,166 shares of the business services provider’s stock worth $648,000 after purchasing an additional 1,764 shares in the last quarter. Rathbones Group PLC grew its holdings in shares of Automatic Data Processing by 4.3% during the 1st quarter. Rathbones Group PLC now owns 4,202 shares of the business services provider’s stock worth $854,000 after purchasing an additional 175 shares in the last quarter. Finally, First Nebraska Trust Co bought a new position in shares of Automatic Data Processing in the first quarter worth $295,000. Institutional investors and hedge funds own 80.03% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. TD Cowen raised Automatic Data Processing to a “hold” rating in a research report on Monday, May 18th. Mizuho cut their price objective on shares of Automatic Data Processing from $332.00 to $305.00 in a research report on Thursday, April 30th. Argus reduced their target price on shares of Automatic Data Processing from $300.00 to $240.00 and set a “buy” rating for the company in a report on Tuesday, May 5th. UBS Group lifted their price target on shares of Automatic Data Processing from $210.00 to $218.00 and gave the company a “neutral” rating in a research note on Thursday, April 30th. Finally, Robert W. Baird cut their price target on shares of Automatic Data Processing from $300.00 to $270.00 in a research report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $244.29.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.