6,902 Automatic Data Processing, Inc. $ADP Shares Acquired by Robeco Institutional Asset Management B.V.

21 Oct 2026, 06:32 by Renee Jackson · The Cerbat Gem

Robeco Institutional Asset Management B.V. raised its stake in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 0.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 933,541 shares of the business services provider’s stock after buying an additional 6,902 shares during the period. Robeco Institutional Asset Management B.V. owned 0.24% of Automatic Data Processing worth $240,910,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ADP. Wagner Wealth Management Corp acquired a new stake in shares of Automatic Data Processing during the third quarter valued at about $481,000. Bank Pictet & Cie Europe AG increased its stake in shares of Automatic Data Processing by 2.4% in the third quarter. Bank Pictet & Cie Europe AG now owns 5,802 shares of the business services provider’s stock valued at $1,497,000 after buying an additional 136 shares during the period. 55 North Private Wealth LLC raised its holdings in Automatic Data Processing by 18.6% in the 3rd quarter. 55 North Private Wealth LLC now owns 1,134 shares of the business services provider’s stock valued at $293,000 after buying an additional 178 shares during the last quarter. Invenio Wealth Partners LLC bought a new position in Automatic Data Processing in the 3rd quarter valued at approximately $215,000. Finally, Kenora Financial LLC raised its holdings in Automatic Data Processing by 3.9% in the 3rd quarter. Kenora Financial LLC now owns 5,637 shares of the business services provider’s stock valued at $1,455,000 after buying an additional 211 shares during the last quarter. Institutional investors own 80.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the stock. Citigroup boosted their target price on shares of Automatic Data Processing from $230.00 to $287.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. UBS Group lifted their price target on shares of Automatic Data Processing from $260.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, July 22nd. Cantor Fitzgerald boosted their price objective on shares of Automatic Data Processing from $295.00 to $310.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Stifel Nicolaus boosted their price objective on shares of Automatic Data Processing from $260.00 to $285.00 and gave the stock a “hold” rating in a research note on Thursday, July 30th. Finally, Morgan Stanley increased their price objective on Automatic Data Processing from $240.00 to $286.00 and gave the company an “equal weight” rating in a 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, Automatic Data Processing presently has an average rating of “Hold” and an average target price of $273.50.

Read Our Latest Report on Automatic Data Processing

Automatic Data Processing Stock Performance

NASDAQ:ADP opened at $292.75 on Wednesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.05 and a current ratio of 1.05. Automatic Data Processing, Inc. has a fifty-two week low of $188.16 and a fifty-two week high of $294.27. The company has a 50 day simple moving average of $273.69 and a two-hundred day simple moving average of $243.70. The company has a market capitalization of $116.00 billion, a PE ratio of 26.76, a P/E/G ratio of 2.60 and a beta of 0.83.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The business services provider reported $2.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.59 by $0.05. The firm had revenue of $5.47 billion for the quarter, compared to the consensus estimate of $5.44 billion. Automatic Data Processing had a net margin of 20.11% and a return on equity of 71.34%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.26 EPS. 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 year.

Automatic Data Processing Announces Dividend

The company also recently announced 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. This represents a $6.80 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend was Friday, September 11th. Automatic Data Processing’s dividend payout ratio (DPR) is currently 62.16%.

Insider Activity

In related news, CEO Maria Black sold 29,810 shares of the business’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 transaction, the chief executive officer owned 80,624 shares in the company, valued at $22,648,087.84. The trade was a 26.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Brian 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 completion of the transaction, the vice president owned 18,442 shares in the company, valued at approximately $5,158,227.40. The trade was a 0.65% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 33,773 shares of company stock worth $9,450,629 over the last ninety days. Corporate insiders own 0.15% of the company’s stock.

About Automatic Data Processing

(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.