Russell Investments Group Ltd. Grows Position in Automatic Data Processing, Inc. $ADP

Posted by Brenda Bartman on Jun 17th, 2026

Russell Investments Group Ltd. boosted its position in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 11.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 611,673 shares of the business services provider’s stock after acquiring an additional 63,035 shares during the quarter. Russell Investments Group Ltd. owned 0.15% of Automatic Data Processing worth $157,537,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Lombard Odier Asset Management Switzerland SA boosted its holdings in shares of Automatic Data Processing by 86.6% in the 4th quarter. Lombard Odier Asset Management Switzerland SA now owns 18,945 shares of the business services provider’s stock valued at $4,873,000 after buying an additional 8,792 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new stake in Automatic Data Processing during the 4th quarter worth $41,000. &PARTNERS raised its stake in Automatic Data Processing by 7.7% during the 4th quarter. &PARTNERS now owns 284,299 shares of the business services provider’s stock worth $72,999,000 after acquiring an additional 20,423 shares in the last quarter. Mangrove Partners IM LLC purchased a new stake in Automatic Data Processing in the fourth quarter valued at $1,030,000. Finally, Graham Capital Management L.P. purchased a new stake in Automatic Data Processing in the fourth quarter valued at $10,282,000. Hedge funds and other institutional investors own 80.03% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have issued reports on ADP shares. UBS Group raised their price objective on Automatic Data Processing from $210.00 to $218.00 and gave the stock a “neutral” rating in a report on Thursday, April 30th. Jefferies Financial Group reduced their target price on Automatic Data Processing from $230.00 to $190.00 in a report on Thursday, April 30th. Cantor Fitzgerald decreased their target price on Automatic Data Processing from $306.00 to $244.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Argus dropped their price target on Automatic Data Processing from $300.00 to $240.00 and set a “buy” rating on the stock in a research note on Tuesday, May 5th. Finally, TD Cowen raised Automatic Data Processing to a “hold” rating in a research report on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $244.29.

Check Out Our Latest Report on ADP

Automatic Data Processing Stock Performance

NASDAQ:ADP opened at $222.00 on Wednesday. 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 fifty-two week low of $188.16 and a fifty-two week high of $315.98. The stock has a market cap of $88.74 billion, a PE ratio of 20.71 and a beta of 0.84. The firm’s fifty day simple moving average is $213.32 and its 200-day simple moving average is $228.75.

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 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% compared to the same quarter last year. During the same quarter last year, the business earned $3.06 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. Analysts expect that Automatic Data Processing, Inc. will post 11.07 earnings per share for the current fiscal year.

Automatic Data Processing Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th will be given a dividend of $1.70 per share. This represents a $6.80 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date is Friday, June 12th. Automatic Data Processing’s dividend payout ratio (DPR) is presently 63.43%.

Automatic Data Processing Company Profile

(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.