Automatic Data Processing, Inc. $ADP Stock: Inspire Investing LLC Cuts Stake

Posted by Stanley Muller on Oct 24th, 2026

Inspire Investing LLC lowered its position in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 6.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 28,213 shares of the business services provider’s stock after selling 2,095 shares during the quarter. Inspire Investing LLC’s holdings in Automatic Data Processing were worth $7,281,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ADP. Polaris Financial Partners purchased a new stake in Automatic Data Processing during the third quarter valued at about $25,000. Whipplewood Advisors LLC boosted its position in Automatic Data Processing by 2,740.0% during the first quarter. Whipplewood Advisors LLC now owns 142 shares of the business services provider’s stock worth $29,000 after purchasing an additional 137 shares during the period. Kelly Lawrence W & Associates Inc. CA bought a new position in Automatic Data Processing during the second quarter worth about $34,000. Cornerstone Financial Management LLC increased its stake in shares of Automatic Data Processing by 59.2% in the second quarter. Cornerstone Financial Management LLC now owns 156 shares of the business services provider’s stock worth $35,000 after purchasing an additional 58 shares in the last quarter. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of Automatic Data Processing in the second quarter worth about $36,000. 80.03% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Citigroup upped their price target on shares of Automatic Data Processing from $230.00 to $287.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th. Weiss Ratings raised shares of Automatic Data Processing from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, September 22nd. Wells Fargo & Company lifted their price objective on shares of Automatic Data Processing from $248.00 to $283.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Cantor Fitzgerald boosted their target price on shares of Automatic Data Processing from $295.00 to $310.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Finally, Stifel Nicolaus increased their target price on Automatic Data Processing from $260.00 to $285.00 and gave the stock a “hold” rating in a research 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, the stock has an average rating of “Hold” and an average price target of $276.36.

Get Our Latest Analysis on Automatic Data Processing

Insider Activity

In other Automatic Data Processing news, CEO Maria Black sold 29,810 shares of the firm’s stock in a transaction on Wednesday, September 2nd. The shares were sold at an average price of $280.91, for a total value of $8,373,927.10. Following the completion of the transaction, the chief executive officer directly owned 80,624 shares of the company’s stock, valued at $22,648,087.84. This trade represents a 26.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Brian L. Michaud sold 120 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $279.70, for a total transaction of $33,564.00. Following the transaction, the vice president owned 18,442 shares of the company’s stock, valued at $5,158,227.40. This trade 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. Over the last quarter, insiders sold 33,773 shares of company stock worth $9,450,629. Insiders own 0.15% of the company’s stock.

Automatic Data Processing Stock Down 1.2%

Shares of NASDAQ ADP opened at $304.16 on Friday. Automatic Data Processing, Inc. has a 52 week low of $188.16 and a 52 week high of $309.40. The business has a 50-day simple moving average of $275.45 and a two-hundred day simple moving average of $245.48. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.82. The company has a market cap of $120.52 billion, a P/E ratio of 27.80, a P/E/G ratio of 2.79 and a beta of 0.83.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The business services provider reported $2.64 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $5.44 billion. During the same period in the prior year, the business posted $2.26 earnings per share. The company’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. Research analysts anticipate that Automatic Data Processing, Inc. will post 12.27 earnings per share for the current fiscal year.

Automatic Data Processing Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Friday, September 11th were paid a dividend of $1.70 per share. The ex-dividend date of this dividend was Friday, September 11th. This represents a $6.80 annualized dividend and a yield of 2.2%. Automatic Data Processing’s payout ratio is currently 62.16%.

Automatic Data Processing Profile

(Free Report)

Automatic Data Processing, Inc (NASDAQ: ADP) is a global provider of human capital management and business outsourcing solutions. The company helps employers manage payroll, human resources, workforce administration, benefits, tax compliance, time and attendance, talent management, and related employment processes.

ADP offers cloud-based platforms and services designed for businesses of various sizes, from small enterprises to large organizations. Its portfolio includes payroll processing, human resources management, employee benefits administration, retirement services, workforce management, data analytics, and professional employer organization services through ADP TotalSource.

Founded in 1949, ADP serves businesses in the United States and international markets.