Vanguard Personalized Indexing Management LLC Raises Stock Position in Automatic Data Processing, Inc. $ADP

Posted by Brenda Bartman on Jun 15th, 2026

Vanguard Personalized Indexing Management LLC raised its stake in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 16.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 74,335 shares of the business services provider’s stock after buying an additional 10,505 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Automatic Data Processing were worth $19,121,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new position in Automatic Data Processing in the third quarter valued at about $25,000. Cornerstone Financial Management LLC purchased a new position in Automatic Data Processing in the fourth quarter valued at about $26,000. Y.D. More Investments Ltd purchased a new position in Automatic Data Processing in the third quarter valued at about $32,000. Bard Associates Inc. purchased a new position in Automatic Data Processing in the fourth quarter valued at about $28,000. Finally, Board of the Pension Protection Fund purchased a new position in Automatic Data Processing in the fourth quarter valued at about $31,000. 80.03% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ADP has been the subject of a number of research analyst reports. Jefferies Financial Group dropped their target price on shares of Automatic Data Processing from $230.00 to $190.00 in a report on Thursday, April 30th. Guggenheim started coverage on shares of Automatic Data Processing in a research note on Thursday, March 19th. They set a “buy” rating and a $270.00 price objective for the company. Robert W. Baird dropped their price objective on shares of Automatic Data Processing from $300.00 to $270.00 in a research note on Thursday, April 30th. Citigroup dropped their price objective on shares of Automatic Data Processing from $265.00 to $230.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Finally, TD Cowen raised shares of Automatic Data Processing to a “hold” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Automatic Data Processing has an average rating of “Hold” and an average price target of $244.29.

Get Our Latest Stock Analysis on ADP

Automatic Data Processing Stock Performance

Shares of ADP opened at $226.21 on Monday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.04 and a quick ratio of 1.04. The firm has a 50 day simple moving average of $212.58 and a 200-day simple moving average of $229.21. Automatic Data Processing, Inc. has a 1-year low of $188.16 and a 1-year high of $315.98. The stock has a market cap of $90.42 billion, a price-to-earnings ratio of 21.10 and a beta of 0.84.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The business services provider reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.30 by $0.07. Automatic Data Processing had a net margin of 20.12% and a return on equity of 68.82%. The business had revenue of $5.94 billion during the quarter, compared to analysts’ expectations of $5.85 billion. During the same period last year, the company posted $3.06 EPS. The company’s revenue was up 7.0% on a year-over-year basis. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. Equities analysts forecast that Automatic Data Processing, Inc. will post 11.07 EPS for the current fiscal year.

Automatic Data Processing Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Friday, June 12th will be given a dividend of $1.70 per share. The ex-dividend date is Friday, June 12th. This represents a $6.80 dividend on an annualized basis and a yield of 3.0%. Automatic Data Processing’s dividend payout ratio (DPR) is 63.43%.

About Automatic Data Processing

(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.