Automatic Data Processing, Inc. $ADP Shares Acquired by Smith Chas P & Associates PA Cpas

Posted by Brian Himes on Sep 11th, 2026

Smith Chas P & Associates PA Cpas boosted its position in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 13.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 150,262 shares of the business services provider’s stock after buying an additional 17,916 shares during the period. Automatic Data Processing accounts for approximately 1.6% of Smith Chas P & Associates PA Cpas’ holdings, making the stock its 28th biggest holding. Smith Chas P & Associates PA Cpas’ holdings in Automatic Data Processing were worth $33,651,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. California State Teachers Retirement System increased its holdings in shares of Automatic Data Processing by 22,166.8% in the 2nd quarter. California State Teachers Retirement System now owns 140,971,822 shares of the business services provider’s stock valued at $31,570,640,000 after acquiring an additional 140,338,719 shares during the last quarter. BlackRock Inc. acquired a new stake in shares of Automatic Data Processing during the 2nd quarter valued at approximately $8,097,229,000. State Street Corp lifted its stake in Automatic Data Processing by 0.7% during the fourth quarter. State Street Corp now owns 18,940,841 shares of the business services provider’s stock worth $4,903,769,000 after purchasing an additional 133,039 shares during the last quarter. Geode Capital Management LLC lifted its stake in Automatic Data Processing by 1.2% during the fourth quarter. Geode Capital Management LLC now owns 11,576,572 shares of the business services provider’s stock worth $2,977,777,000 after purchasing an additional 136,876 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings in Automatic Data Processing by 4.6% in the fourth quarter. Capital Research Global Investors now owns 8,393,607 shares of the business services provider’s stock worth $2,159,088,000 after purchasing an additional 372,413 shares during the period. Institutional investors and hedge funds own 80.03% of the company’s stock.

Insider Activity

In related news, VP David Kwon sold 2,414 shares of Automatic Data Processing stock in a transaction dated Thursday, July 30th. The shares were sold at an average price of $265.62, for a total value of $641,206.68. Following the sale, the vice president directly owned 9,660 shares in the company, valued at $2,565,889.20. This trade represents a 19.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Joseph Desilva sold 631 shares of the business’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $282.87, for a total transaction of $178,490.97. Following the transaction, the vice president directly owned 18,824 shares of the company’s stock, valued at $5,324,744.88. The trade was a 3.24% 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. Insiders have sold a total of 33,773 shares of company stock worth $9,450,629 over the last ninety days. Insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several research firms have weighed in on ADP. BMO Capital Markets boosted their target price on shares of Automatic Data Processing from $248.00 to $305.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th. Stifel Nicolaus raised their price target on shares of Automatic Data Processing from $260.00 to $285.00 and gave the stock a “hold” rating in a research report on Thursday, July 30th. Morgan Stanley lifted their price target on shares of Automatic Data Processing from $240.00 to $286.00 and gave the company an “equal weight” rating in a report on Thursday, July 30th. TD Cowen boosted their price objective on shares of Automatic Data Processing from $216.00 to $223.00 and gave the company a “hold” rating in a research report on Monday, July 6th. Finally, 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 note on Thursday, July 30th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $273.50.

Read Our Latest Stock Analysis on ADP

Automatic Data Processing Stock Performance

Shares of NASDAQ ADP traded up $0.93 during mid-day trading on Friday, hitting $268.26. The company had a trading volume of 2,165,933 shares, compared to its average volume of 2,973,697. Automatic Data Processing, Inc. has a 12 month low of $188.16 and a 12 month high of $296.86. The stock has a market cap of $106.57 billion, a price-to-earnings ratio of 24.52, a PEG ratio of 2.40 and a beta of 0.82. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.05 and a quick ratio of 1.05. The firm’s 50 day simple moving average is $265.40 and its two-hundred day simple moving average is $231.87.

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

Automatic Data Processing Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Friday, September 11th will be issued a dividend of $1.70 per share. The ex-dividend date of this dividend is Friday, September 11th. This represents a $6.80 annualized dividend and a dividend yield of 2.5%. Automatic Data Processing’s payout ratio is 62.16%.

About Automatic Data Processing

(Free Report)

Automatic Data Processing, Inc (NASDAQ: ADP) is a provider of human capital management (HCM) solutions and business outsourcing services. The company helps organizations manage payroll, employment taxes, human resources administration, employee benefits, workforce management, talent management, and compliance.

ADP offers cloud-based products for businesses of different sizes, including payroll and HR platforms, time and attendance tools, recruiting and talent solutions, benefits administration, and data and analytics services.