Joseph Desilva Sells 631 Shares of Automatic Data Processing (NASDAQ:ADP) Stock

Posted by Francis Steltz on Sep 4th, 2026

Automatic Data Processing, Inc. (NASDAQ:ADP – Get Free Report) VP Joseph Desilva sold 631 shares of the business’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $282.87, for a total value of $178,490.97. Following the sale, the vice president owned 18,824 shares of the company’s stock, valued at approximately $5,324,744.88. The trade was a 3.24% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Automatic Data Processing Trading Down 2.1%

Automatic Data Processing stock traded down $5.91 during mid-day trading on Friday, hitting $277.62. The stock had a trading volume of 2,149,532 shares, compared to its average volume of 3,003,448. The stock has a 50-day simple moving average of $261.29 and a two-hundred day simple moving average of $229.88. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $110.29 billion, a PE ratio of 25.38, a P/E/G ratio of 2.55 and a beta of 0.82. Automatic Data Processing, Inc. has a 12 month low of $188.16 and a 12 month high of $302.68.

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, beating analysts’ consensus estimates of $2.59 by $0.05. Automatic Data Processing had a net margin of 20.11% and a return on equity of 71.34%. The company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the prior year, the company posted $2.26 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. Automatic Data Processing has set its FY 2027 guidance at 12.120-12.340 EPS. As a group, sell-side analysts forecast that Automatic Data Processing, Inc. will post 12.26 EPS for the current year.

Automatic Data Processing Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on ADP shares. UBS Group raised their price target on Automatic Data Processing from $260.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of Automatic Data Processing from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Citigroup increased their price objective on shares of Automatic Data Processing from $230.00 to $287.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Morgan Stanley boosted their price objective on shares of Automatic Data Processing from $240.00 to $286.00 and gave the company an “equal weight” rating in a research report on Thursday, July 30th. Finally, Wells Fargo & Company increased their target price on Automatic Data Processing from $248.00 to $283.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Automatic Data Processing presently has an average rating of “Hold” and an average target price of $273.50.

Get Our Latest Analysis on Automatic Data Processing

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust raised its holdings in Automatic Data Processing by 6.3% during the second quarter. Parkside Financial Bank & Trust now owns 5,315 shares of the business services provider’s stock worth $1,190,000 after acquiring an additional 314 shares in the last quarter. Cornerstone Financial Management LLC boosted its holdings in shares of Automatic Data Processing by 59.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 156 shares of the business services provider’s stock valued at $35,000 after buying an additional 58 shares during the last quarter. Giverny Capital Inc. boosted its holdings in shares of Automatic Data Processing by 56.2% in the 2nd quarter. Giverny Capital Inc. now owns 654,556 shares of the business services provider’s stock valued at $146,588,000 after buying an additional 235,466 shares during the last quarter. Amundi increased its holdings in Automatic Data Processing by 2.7% during the second quarter. Amundi now owns 3,116,800 shares of the business services provider’s stock worth $698,006,000 after buying an additional 82,798 shares during the last quarter. Finally, Groupe la Francaise increased its holdings in Automatic Data Processing by 19.0% during the second quarter. Groupe la Francaise now owns 27,077 shares of the business services provider’s stock worth $6,064,000 after buying an additional 4,315 shares during the last quarter. Institutional investors own 80.03% of the company’s stock.

About Automatic Data Processing

(Get 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.