Automatic Data Processing, Inc. $ADP Shares Purchased by Proficio Capital Partners LLC

Posted by Stanley Muller on Sep 2nd, 2026

Proficio Capital Partners LLC increased its position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 169.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,996 shares of the business services provider’s stock after purchasing an additional 2,511 shares during the period. Proficio Capital Partners LLC’s holdings in Automatic Data Processing were worth $895,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. BlackRock Inc. bought a new position in shares of Automatic Data Processing during the 2nd quarter valued at about $8,097,229,000. Bank of America Corp DE acquired a new stake in shares of Automatic Data Processing during the second quarter worth $1,231,175,000. Deutsche Bank AG purchased a new stake in shares of Automatic Data Processing during the second quarter valued at $994,937,000. Northwestern Mutual Wealth Management Co. lifted its stake in Automatic Data Processing by 6,493.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,468,180 shares of the business services provider’s stock valued at $892,120,000 after buying an additional 3,415,576 shares in the last quarter. Finally, Bank of New York Mellon Corp purchased a new position in shares of Automatic Data Processing in the second quarter worth approximately $725,513,000. Institutional investors own 80.03% of the company’s stock.

Automatic Data Processing Stock Performance

Shares of ADP opened at $283.49 on Wednesday. The company’s 50 day moving average price is $258.72 and its 200 day moving average price is $228.87. Automatic Data Processing, Inc. has a 52 week low of $188.16 and a 52 week high of $302.68. The company has a market capitalization of $112.62 billion, a PE ratio of 25.91, a PEG ratio of 2.59 and a beta of 0.81. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.05 and a current ratio of 1.05.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last released its earnings results on Wednesday, July 29th. The business services provider reported $2.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.05. The company had revenue of $5.47 billion during the quarter, compared to the consensus estimate of $5.44 billion. Automatic Data Processing had a net margin of 20.11% and a return on equity of 71.34%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.26 EPS. Automatic Data Processing has set its FY 2027 guidance at 12.120-12.340 EPS. Research analysts expect that Automatic Data Processing, Inc. will post 12.26 EPS for the current fiscal year.

Automatic Data Processing Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Friday, September 11th will be issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, September 11th. Automatic Data Processing’s dividend payout ratio (DPR) is currently 62.16%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ADP. Guggenheim boosted their price target on shares of Automatic Data Processing from $270.00 to $300.00 and gave the company a “buy” rating in a report on Thursday, July 30th. TD Cowen boosted their target price on shares of Automatic Data Processing from $216.00 to $223.00 and gave the company a “hold” rating in a research note on Monday, July 6th. Wells Fargo & Company increased their target price on Automatic Data Processing from $248.00 to $283.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Morgan Stanley increased their target price on Automatic Data Processing from $240.00 to $286.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. Finally, Weiss Ratings raised Automatic Data Processing from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $273.50.

Get Our Latest Report on Automatic Data Processing

Insiders Place Their Bets

In other news, VP David Kwon sold 798 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $280.00, for a total transaction of $223,440.00. Following the completion of the sale, the vice president directly owned 13,193 shares of the company’s stock, valued at $3,694,040. This trade represents a 5.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Brian L. Michaud sold 120 shares of Automatic Data Processing stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $279.70, for a total value of $33,564.00. Following the sale, the vice president owned 18,442 shares of the company’s stock, valued at approximately $5,158,227.40. This represents a 0.65% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 3,332 shares of company stock valued at $898,211. Insiders own 0.20% of the company’s stock.

Automatic Data Processing 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.