Relyea Zuckerberg Hanson LLC Cuts Stock Position in Automatic Data Processing, Inc. $ADP

Posted by Francis Steltz on Jul 11th, 2026

Relyea Zuckerberg Hanson LLC cut its position in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 23.0% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 11,189 shares of the business services provider’s stock after selling 3,350 shares during the quarter. Relyea Zuckerberg Hanson LLC’s holdings in Automatic Data Processing were worth $2,273,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Brighton Jones LLC boosted its stake in Automatic Data Processing by 92.1% in the fourth quarter. Brighton Jones LLC now owns 10,026 shares of the business services provider’s stock valued at $2,935,000 after acquiring an additional 4,808 shares in the last quarter. Bison Wealth LLC increased its position in shares of Automatic Data Processing by 22.8% during the fourth quarter. Bison Wealth LLC now owns 3,664 shares of the business services provider’s stock worth $1,073,000 after purchasing an additional 681 shares in the last quarter. Schnieders Capital Management LLC. lifted its holdings in shares of Automatic Data Processing by 21.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 1,259 shares of the business services provider’s stock valued at $388,000 after purchasing an additional 225 shares during the last quarter. Osterweis Capital Management Inc. purchased a new stake in shares of Automatic Data Processing during the 2nd quarter valued at $108,000. Finally, Diversify Advisory Services LLC boosted its position in shares of Automatic Data Processing by 17.5% in the 2nd quarter. Diversify Advisory Services LLC now owns 5,477 shares of the business services provider’s stock worth $1,641,000 after purchasing an additional 815 shares in the last quarter. 80.03% of the stock is owned by hedge funds and other institutional investors.

Automatic Data Processing Stock Performance

Shares of NASDAQ ADP traded up $0.64 during mid-day trading on Friday, hitting $241.92. The stock had a trading volume of 1,243,041 shares, compared to its average volume of 2,717,334. The firm has a market cap of $96.70 billion, a PE ratio of 22.57 and a beta of 0.83. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.04 and a current ratio of 1.04. The company has a 50 day moving average of $224.00 and a two-hundred day moving average of $225.10. Automatic Data Processing, Inc. has a twelve month low of $188.16 and a twelve month high of $315.98.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The business services provider reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.30 by $0.07. The business had revenue of $5.94 billion for the quarter, compared to the consensus estimate of $5.85 billion. Automatic Data Processing had a return on equity of 68.82% and a net margin of 20.12%.The company’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.06 EPS. Automatic Data Processing has set its FY 2026 guidance at 11.010-11.110 EPS. Research analysts predict that Automatic Data Processing, Inc. will post 11.08 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on ADP shares. Stifel Nicolaus upped their target price on Automatic Data Processing from $240.00 to $260.00 and gave the company a “hold” rating in a research report on Wednesday. Jefferies Financial Group lowered their price target on Automatic Data Processing from $230.00 to $190.00 in a report on Thursday, April 30th. Weiss Ratings restated a “hold (c-)” rating on shares of Automatic Data Processing in a research note on Tuesday. Argus cut their price objective on shares of Automatic Data Processing from $300.00 to $240.00 and set a “buy” rating on the stock in a report on Tuesday, May 5th. Finally, Robert W. Baird decreased their price objective on shares of Automatic Data Processing from $300.00 to $270.00 in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $248.64.

Check Out Our Latest Stock Analysis on ADP

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.