Automatic Data Processing, Inc. $ADP Stock Position Lessened by Woodley Farra Manion Portfolio Management Inc.

Posted by Francis Steltz on Nov 11th, 2026

Woodley Farra Manion Portfolio Management Inc. cut its holdings in shares of Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 1.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 153,088 shares of the business services provider’s stock after selling 2,593 shares during the period. Automatic Data Processing makes up 2.0% of Woodley Farra Manion Portfolio Management Inc.’s holdings, making the stock its 23rd biggest holding. Woodley Farra Manion Portfolio Management Inc.’s holdings in Automatic Data Processing were worth $39,765,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Polaris Financial Partners bought a new position in Automatic Data Processing in the 3rd quarter valued at about $25,000. Next Level Wealth Planning LLC acquired a new position in Automatic Data Processing during the 3rd quarter valued at about $26,000. Pathway Financial Advisers LLC bought a new stake in Automatic Data Processing during the 3rd quarter worth approximately $39,000. Kelly Lawrence W & Associates Inc. CA bought a new stake in Automatic Data Processing during the 2nd quarter worth approximately $34,000. Finally, Cornerstone Financial Management LLC increased its holdings in Automatic Data Processing by 59.2% during the 2nd 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. Institutional investors and hedge funds own 80.03% of the company’s stock.

Automatic Data Processing Trading Up 1.1%

NASDAQ:ADP opened at $305.44 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.03 and a current ratio of 1.03. The firm has a market cap of $120.58 billion, a price-to-earnings ratio of 27.08, a price-to-earnings-growth ratio of 2.71 and a beta of 0.77. Automatic Data Processing, Inc. has a 52 week low of $188.16 and a 52 week high of $310.98. The firm has a 50-day moving average price of $279.85 and a two-hundred day moving average price of $242.37.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last released its earnings results on Wednesday, October 28th. The business services provider reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.77 by $0.05. The company had revenue of $5.49 billion during the quarter, compared to analyst estimates of $5.48 billion. Automatic Data Processing had a return on equity of 77.01% and a net margin of 20.33%. Automatic Data Processing’s quarterly revenue was up 6.1% on a year-over-year basis. During the same period in the prior year, the company posted $2.49 earnings per share. On average, equities analysts expect that Automatic Data Processing, Inc. will post 12.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on ADP. Cantor Fitzgerald increased their price objective on Automatic Data Processing from $310.00 to $336.00 and gave the stock an “overweight” rating in a research note on Friday, October 30th. Guggenheim reaffirmed a “buy” rating and set a $340.00 target price on shares of Automatic Data Processing in a research report on Thursday, October 29th. Stifel Nicolaus upped their price target on Automatic Data Processing from $285.00 to $305.00 and gave the stock a “hold” rating in a report on Thursday, October 29th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $290.00 price target on shares of Automatic Data Processing in a research report on Thursday, October 29th. Finally, Citigroup increased their price target on Automatic Data Processing from $287.00 to $295.00 and gave the company a “neutral” rating in a research report on Thursday, October 29th. Three research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $285.00.

View Our Latest Report on Automatic Data Processing

Insiders Place Their Bets

In other news, VP Virginia Magliulo sold 2,927 shares of Automatic Data Processing stock in a transaction on Friday, October 30th. The stock was sold at an average price of $293.70, for a total transaction of $859,659.90. Following the sale, the vice president directly owned 14,865 shares in the company, valued at $4,365,850.50. The trade was a 16.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP David Kwon sold 798 shares of the business’s stock in a transaction dated Thursday, August 20th. The stock was sold at an average price of $280.00, for a total transaction of $223,440.00. Following the completion of the transaction, the vice president directly owned 13,193 shares in the company, valued at $3,694,040. This trade represents a 5.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 50,207 shares of company stock valued at $14,522,300. 0.15% of the stock is currently owned by insiders.

Automatic Data Processing Company Profile

(Free Report)

Automatic Data Processing, Inc. (ADP) provides payroll processing and human resources technology and services to businesses of varying sizes. Its offerings include payroll administration, tax filing, benefits administration, workforce management, talent management, and human capital management software. ADP also provides services such as compliance support and professional employer organization solutions, which help businesses manage employment responsibilities. Its products combine software with payroll and HR services to support organizations’ workforce operations.