Automatic Data Processing, Inc. $ADP Holdings Increased by Camrose Capital Investment Partners LLP

Camrose Capital Investment Partners LLP boosted its position in Automatic Data Processing, Inc. (NASDAQ:ADP) by 24.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 171,413 shares of the business services provider’s stock after purchasing an additional 34,041 shares during the quarter. Automatic Data Processing comprises 7.3% of Camrose Capital Investment Partners LLP’s investment portfolio, making the stock its 10th biggest position. Camrose Capital Investment Partners LLP’s holdings in Automatic Data Processing were worth $44,093,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Rakuten Investment Management Inc. lifted its stake in Automatic Data Processing by 297.5% in the 4th quarter. Rakuten Investment Management Inc. now owns 75,063 shares of the business services provider’s stock worth $19,487,000 after purchasing an additional 56,179 shares in the last quarter. L2 Asset Management LLC lifted its stake in Automatic Data Processing by 6.9% in the 4th quarter. L2 Asset Management LLC now owns 2,046 shares of the business services provider’s stock worth $526,000 after purchasing an additional 132 shares in the last quarter. Bluedoor Private Wealth LLC purchased a new stake in Automatic Data Processing in the 4th quarter worth approximately $1,056,000. Cynosure Group LLC lifted its stake in Automatic Data Processing by 192.6% in the 4th quarter. Cynosure Group LLC now owns 3,701 shares of the business services provider’s stock worth $952,000 after purchasing an additional 2,436 shares in the last quarter. Finally, 71 West Capital Partners purchased a new stake in Automatic Data Processing in the 4th quarter worth approximately $18,834,000. 80.03% of the stock is currently owned by hedge funds and other institutional investors.

Automatic Data Processing Price Performance

Shares of NASDAQ:ADP opened at $222.00 on Wednesday. The company’s fifty day moving average price is $213.32 and its 200-day moving average price is $228.75. The firm has a market capitalization of $88.74 billion, a price-to-earnings ratio of 20.71 and a beta of 0.84. Automatic Data Processing, Inc. has a one year low of $188.16 and a one year high of $315.98. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.04 and a quick ratio of 1.04.

Automatic Data Processing (NASDAQ:ADP) last issued its quarterly earnings results on Wednesday, April 29th. The business services provider reported $3.37 EPS for the quarter, topping analysts’ consensus estimates of $3.30 by $0.07. Automatic Data Processing had a net margin of 20.12% and a return on equity of 68.82%. The firm had revenue of $5.94 billion for the quarter, compared to analyst estimates of $5.85 billion. During the same quarter in the prior year, the firm earned $3.06 EPS. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. On average, equities research analysts anticipate that Automatic Data Processing, Inc. will post 11.07 earnings per share for the current fiscal year.

Automatic Data Processing Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Friday, June 12th will be issued a dividend of $1.70 per share. The ex-dividend date of this dividend is Friday, June 12th. This represents a $6.80 annualized dividend and a dividend yield of 3.1%. Automatic Data Processing’s dividend payout ratio (DPR) is currently 63.43%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on ADP. Morgan Stanley decreased their price target on shares of Automatic Data Processing from $311.00 to $274.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 28th. Wells Fargo & Company raised shares of Automatic Data Processing from an “underweight” rating to an “equal weight” rating and set a $214.00 price target on the stock in a report on Monday, May 18th. Robert W. Baird decreased their price target on shares of Automatic Data Processing from $300.00 to $270.00 in a report on Thursday, April 30th. Mizuho decreased their price target on shares of Automatic Data Processing from $332.00 to $305.00 in a report on Thursday, April 30th. Finally, Stifel Nicolaus decreased their price target on shares of Automatic Data Processing from $270.00 to $240.00 in a report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $244.29.

Automatic Data Processing 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.