Groupama Asset Managment Has $917,000 Stock Holdings in Automatic Data Processing, Inc. $ADP

Groupama Asset Managment decreased its stake in Automatic Data Processing, Inc. (NASDAQ:ADP) by 49.2% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,513 shares of the business services provider’s stock after selling 4,375 shares during the quarter. Groupama Asset Managment’s holdings in Automatic Data Processing were worth $917,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in ADP. Segall Bryant & Hamill LLC acquired a new stake in shares of Automatic Data Processing during the 1st quarter valued at $938,000. Compass Capital Management Inc. increased its stake in shares of Automatic Data Processing by 7.1% in the first quarter. Compass Capital Management Inc. now owns 218,194 shares of the business services provider’s stock worth $44,333,000 after acquiring an additional 14,484 shares during the last quarter. Groupe la Francaise raised its holdings in shares of Automatic Data Processing by 10.8% during the first quarter. Groupe la Francaise now owns 22,762 shares of the business services provider’s stock worth $4,625,000 after acquiring an additional 2,225 shares in the last quarter. Orographic Financial Advisors LLC purchased a new stake in shares of Automatic Data Processing during the first quarter worth $307,000. Finally, Kentucky Retirement Systems raised its holdings in shares of Automatic Data Processing by 55.4% during the first quarter. Kentucky Retirement Systems now owns 39,747 shares of the business services provider’s stock worth $8,076,000 after acquiring an additional 14,163 shares in the last quarter. Hedge funds and other institutional investors own 80.03% of the company’s stock.

Automatic Data Processing Stock Up 1.0%

Automatic Data Processing stock opened at $266.46 on Friday. The firm has a market cap of $106.51 billion, a price-to-earnings ratio of 24.36 and a beta of 0.83. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.05 and a quick ratio of 1.04. Automatic Data Processing, Inc. has a fifty-two week low of $188.16 and a fifty-two week high of $315.26. The firm has a fifty day moving average price of $235.88 and a two-hundred day moving average price of $224.60.

Automatic Data Processing (NASDAQ:ADP) last issued its quarterly earnings results on Wednesday, July 29th. The business services provider reported $2.64 EPS for the quarter, topping 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 company had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.44 billion. During the same period in the previous year, the business posted $2.26 EPS. The company’s revenue for the quarter 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, analysts forecast that Automatic Data Processing, Inc. will post 12.28 earnings per share for the current year.

Analysts Set New Price Targets

ADP has been the topic of a number of recent research reports. Cantor Fitzgerald boosted their target price on Automatic Data Processing from $244.00 to $295.00 and gave the company an “overweight” rating in a research note on Wednesday, July 22nd. Stifel Nicolaus raised their price target on Automatic Data Processing from $260.00 to $285.00 and gave the stock a “hold” rating in a research note on Thursday. Morgan Stanley lifted their price target on Automatic Data Processing from $240.00 to $286.00 and gave the company an “equal weight” rating in a report on Thursday. BMO Capital Markets lifted their price target on Automatic Data Processing from $248.00 to $305.00 and gave the company a “market perform” rating in a report on Wednesday. Finally, Guggenheim boosted their price target on Automatic Data Processing from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday. Three research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Automatic Data Processing has a consensus rating of “Hold” and a consensus target price of $272.43.

Automatic Data Processing News Summary

Here are the key news stories impacting Automatic Data Processing this week:

• Positive Sentiment: Quarterly results exceeded expectations. ADP reported adjusted earnings of $2.64 per share versus the $2.59 consensus estimate, while revenue of $5.47 billion topped estimates of $5.44 billion and increased 6.8% year over year. Management’s fiscal 2027 EPS guidance of $12.12–$12.34 also supports the bullish outlook. ADP’s Q2 CY2026 sales beat estimates
• Positive Sentiment: Analysts raised price targets following the earnings report. Guggenheim increased its target to $300 and upgraded ADP to “buy.” BMO Capital Markets raised its target to $305, while Citigroup, Morgan Stanley, Stifel and Wells Fargo lifted targets to $287, $286, $285 and $283, respectively. These revisions indicate improved confidence in ADP’s earnings outlook. BMO Capital Markets increases ADP price target
• Positive Sentiment: A new buy recommendation adds further support. Commentary following the earnings release described ADP’s valuation as reasonable after its strong long-term performance and maintained a constructive view of the stock. Automatic Data Processing new buy recommendation
• Neutral Sentiment: Most analysts remain cautious despite higher targets. Citigroup, Morgan Stanley, Stifel and Wells Fargo maintained neutral, equal-weight or hold ratings, suggesting that much of the earnings improvement may already be reflected in ADP’s valuation.
• Negative Sentiment: An executive sold shares. Vice President David Kwon sold 2,414 shares for approximately $641,207, reducing his ownership by about 20%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal. SEC insider transaction filing

Insider Activity

In other news, VP David Kwon sold 2,414 shares of the firm’s stock in a transaction on 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 owned 9,660 shares in the company, valued at approximately $2,565,889.20. This trade represents a 19.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.20% of the company’s stock.

Automatic Data Processing Profile

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.