Automatic Data ProcessingADP
About: ADP is a provider of payroll and human capital management solutions servicing the full scope of businesses from micro to global enterprises. ADP was established in 1949 and serves over 1 million clients primarily in the United States. ADP's employer services segment offers payroll, human capital management solutions, human resources outsourcing, insurance and retirement services. The smaller but faster-growing professional employer organization segment provides HR outsourcing solutions to small and midsize businesses through a co-employment model.
Employees: 64,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
89% more first-time investments, than exits
New positions opened: 191 | Existing positions closed: 101
13% more funds holding in top 10
Funds holding in top 10: 63 [Q2] → 71 (+8) [Q3]
11% more capital invested
Capital invested by funds: $81.8B [Q2] → $90.9B (+$9.04B) [Q3]
3% more funds holding
Funds holding: 2,133 [Q2] → 2,194 (+61) [Q3]
2.87% less ownership
Funds ownership: 83.23% [Q2] → 80.36% (-2.87%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 760 | Existing positions reduced: 853
20% less call options, than puts
Call options by funds: $623M | Put options by funds: $779M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Ramsey El-Assal 66% 1-year accuracy 37 / 56 met price target | 14%upside $350 | Overweight Maintained | 3 Feb 2025 |
RBC Capital Ashish Sabadra 83% 1-year accuracy 45 / 54 met price target | 2%upside $315 | Sector Perform Reiterated | 30 Jan 2025 |
Jefferies Samad Samana 59% 1-year accuracy 10 / 17 met price target | 1%downside $305 | Hold Maintained | 30 Jan 2025 |
Financial journalist opinion
Based on 26 articles about ADP published over the past 30 days









