iA Global Asset Management Inc. Raises Stock Holdings in Automatic Data Processing, Inc. $ADP

Posted by George Bondi on May 17th, 2026

iA Global Asset Management Inc. raised its position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 7.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 50,287 shares of the business services provider’s stock after acquiring an additional 3,384 shares during the period. iA Global Asset Management Inc.’s holdings in Automatic Data Processing were worth $12,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of ADP. Imprint Wealth LLC purchased a new stake in Automatic Data Processing during the 3rd quarter valued at $25,000. Cloud Capital Management LLC purchased a new stake in Automatic Data Processing during the 3rd quarter valued at $29,000. Board of the Pension Protection Fund purchased a new stake in Automatic Data Processing during the 4th quarter valued at $31,000. Y.D. More Investments Ltd purchased a new stake in Automatic Data Processing during the 3rd quarter valued at $32,000. Finally, High Point Wealth Management LLC purchased a new stake in Automatic Data Processing during the 4th quarter valued at $34,000. Hedge funds and other institutional investors own 80.03% of the company’s stock.

Insider Buying and Selling

In other Automatic Data Processing news, VP Christopher D’ambrosio sold 543 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $208.45, for a total value of $113,188.35. Following the transaction, the vice president owned 8,912 shares of the company’s stock, valued at $1,857,706.40. This represents a 5.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.20% of the stock is owned by company insiders.

Automatic Data Processing Stock Performance

Shares of Automatic Data Processing stock opened at $214.48 on Friday. The stock’s fifty day moving average is $206.29 and its two-hundred day moving average is $233.82. The company has a market capitalization of $85.73 billion, a PE ratio of 20.01 and a beta of 0.83. 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, Inc. has a 52 week low of $188.16 and a 52 week high of $329.93.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.37 EPS for the quarter, beating the consensus estimate of $3.30 by $0.07. The company had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.85 billion. Automatic Data Processing had a return on equity of 68.82% and a net margin of 20.12%.Automatic Data Processing’s quarterly revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.06 EPS. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. As a group, analysts expect that Automatic Data Processing, Inc. will post 11.07 earnings per share for the current year.

Automatic Data Processing Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Friday, June 12th will be given a $1.70 dividend. This represents a $6.80 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Friday, June 12th. Automatic Data Processing’s dividend payout ratio is 63.43%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ADP. Morgan Stanley decreased their price target on 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. Cantor Fitzgerald decreased their price target on Automatic Data Processing from $306.00 to $244.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. TD Cowen increased their price target on Automatic Data Processing from $208.00 to $216.00 and gave the company a “hold” rating in a report on Thursday, April 30th. Jefferies Financial Group decreased their price target on Automatic Data Processing from $230.00 to $190.00 in a report on Thursday, April 30th. Finally, Mizuho decreased their price target on Automatic Data Processing from $332.00 to $305.00 in a report on Thursday, April 30th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Automatic Data Processing presently has a consensus rating of “Hold” and a consensus target price of $253.50.

Check Out Our Latest Stock Analysis on Automatic Data Processing

About Automatic Data Processing

(Free Report)

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.