Automatic Data Processing (ADP) is up 5.3% today. Here is some analysis on what might have caused this price movement.
Analysis: A single company-specific catalyst is not obvious, but the most likely driver is a mix of macro and company factors. This could be because ADP’s latest private-payrolls report came in softer than expected, which may have increased hopes for lower interest rates and helped investors rotate into steady, cash-generative service companies, while recent balance-sheet and shareholder-return updates also supported sentiment.
Details:
ADP’s June private-employment report showed U.S. private payroll growth of 98,000 jobs, below consensus expectations and below May’s 122,000 increase.Softer labor data can strengthen expectations for easier monetary policy, which often benefits defensive, quality stocks with durable earnings and dividend appeal.In a June 26 filing, ADP disclosed new credit agreements totaling $9.2 billion, giving investors another signal of substantial liquidity and financial flexibility.ADP recently confirmed its next quarterly earnings release for July 29 and paid its regular quarterly dividend of $1.70 per share on July 1, reinforcing its recurring capital-return profile.Sources:
ADP Investor Relations, SEC, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ADP Insider Trading Activity
$ADP insiders have traded $ADP stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $ADP stock by insiders over the last 6 months:
- CHRISTOPHER D'AMBROSIO (Corp. VP) has made 0 purchases and 4 sales selling 2,172 shares for an estimated $477,248.
- DAVID KWON (Corp VP) has made 0 purchases and 2 sales selling 1,706 shares for an estimated $447,428.
- BRIAN L. MICHAUD (Executive VP) sold 1,000 shares for an estimated $234,180
- MARIA BLACK (President & CEO) has made 0 purchases and 6 sales selling 715 shares for an estimated $183,880.
- DAVID FOSKETT (Corp. VP) sold 266 shares for an estimated $63,042
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
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$ADP Hedge Fund Activity
We have seen 901 institutional investors add shares of $ADP stock to their portfolio, and 1,447 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 9,147,649 shares (+378.9%) to their portfolio in Q1 2026, for an estimated $1,858,619,323
- MORGAN STANLEY removed 3,954,127 shares (-38.2%) from their portfolio in Q1 2026, for an estimated $803,399,523
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 3,409,198 shares (-98.3%) from their portfolio in Q1 2026, for an estimated $692,680,849
- CARDANO RISK MANAGEMENT B.V. removed 3,209,409 shares (-90.1%) from their portfolio in Q1 2026, for an estimated $652,087,720
- BANK OF NEW YORK MELLON CORP removed 3,159,058 shares (-49.3%) from their portfolio in Q1 2026, for an estimated $641,857,404
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 2,849,784 shares (+inf%) to their portfolio in Q1 2026, for an estimated $579,019,113
- WELLINGTON MANAGEMENT GROUP LLP added 2,729,882 shares (+37.0%) to their portfolio in Q1 2026, for an estimated $554,657,424
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ADP Congressional Stock Trading
Members of Congress have traded $ADP stock 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $ADP stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$ADP Analyst Ratings
Wall Street analysts have issued reports on $ADP in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 01/29/2026
To track analyst ratings and price targets for $ADP, check out Quiver Quantitative's $ADP forecast page.
$ADP Price Targets
Multiple analysts have issued price targets for $ADP recently. We have seen 10 analysts offer price targets for $ADP in the last 6 months, with a median target of $242.0.
Here are some recent targets:
- Jason Kupferberg from Wells Fargo set a target price of $214.0 on 05/18/2026
- David Coleman from Argus Research set a target price of $240.0 on 05/05/2026
- Bryan C. Bergin from TD Cowen set a target price of $216.0 on 04/30/2026
- Bryan Keane from Citigroup set a target price of $230.0 on 04/30/2026
- Kevin Mcveigh from UBS set a target price of $218.0 on 04/30/2026
- Ramsey El-Assal from Cantor Fitzgerald set a target price of $244.0 on 04/21/2026
- Jacob Smith from Guggenheim set a target price of $270.0 on 03/19/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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ADP climbs as soft jobs data and capital-return signals appear to lift sentiment
Automatic Data Processing (ADP) is up 5.3% today. Here is some analysis on what might have caused this price movement.
Analysis: A single company-specific catalyst is not obvious, but the most likely driver is a mix of macro and company factors. This could be because ADP’s latest private-payrolls report came in softer than expected, which may have increased hopes for lower interest rates and helped investors rotate into steady, cash-generative service companies, while recent balance-sheet and shareholder-return updates also supported sentiment.
Details:
Sources:
ADP Investor Relations, SEC, Investing.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$ADP Insider Trading Activity
$ADP insiders have traded $ADP stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $ADP stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ADP Hedge Fund Activity
We have seen 901 institutional investors add shares of $ADP stock to their portfolio, and 1,447 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$ADP Congressional Stock Trading
Members of Congress have traded $ADP stock 6 times in the past 6 months. Of those trades, 1 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $ADP stock by members of Congress over the last 6 months:
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$ADP Analyst Ratings
Wall Street analysts have issued reports on $ADP in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
To track analyst ratings and price targets for $ADP, check out Quiver Quantitative's $ADP forecast page.
$ADP Price Targets
Multiple analysts have issued price targets for $ADP recently. We have seen 10 analysts offer price targets for $ADP in the last 6 months, with a median target of $242.0.
Here are some recent targets:
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
Read full article here »