Automatic Data ProcessingADP
ADP
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
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
44% more first-time investments, than exits
New positions opened: 188 | Existing positions closed: 131
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: $81.3B [Q2] → $90.3B (+$9.01B) [Q3]
3% more funds holding
Funds holding: 2,134 [Q2] → 2,191 (+57) [Q3]
2.84% less ownership
Funds ownership: 82.74% [Q2] → 79.9% (-2.84%) [Q3]
11% less repeat investments, than reductions
Existing positions increased: 760 | Existing positions reduced: 854
19% less call options, than puts
Call options by funds: $611M | Put options by funds: $758M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$285
3%
downside
Avg. target
$302
3%
upside
High target
$325
11%
upside
7 analyst ratings
2 positive
29%
5 neutral
71%
0 negative
0%
Mizuho Dan Dolev 77% 1-year accuracy 41 / 53 met price target | 5%upside $310 | Outperform Maintained | 4 Nov 2024 |
Barclays Ramsey El-Assal 69% 1-year accuracy 37 / 54 met price target | 11%upside $325 | Overweight Maintained | 4 Nov 2024 |
TD Cowen Bryan Bergin 93% 1-year accuracy 26 / 28 met price target | 3%downside $285 | Hold Maintained | 1 Nov 2024 |
RBC Capital Ashish Sabadra 65% 1-year accuracy 33 / 51 met price target | 7%upside $315 | Sector Perform Maintained | 31 Oct 2024 |
UBS Kevin Mcveigh 38% 1-year accuracy 5 / 13 met price target | 0%upside $295 | Neutral Maintained | 22 Oct 2024 |
Financial journalist opinion
Based on 13 articles about ADP published over the past 30 days
Neutral
PRNewsWire
3 days ago
ADP to Announce Second Quarter Fiscal 2025 Financial Results on January 29, 2025
ROSELAND, N.J. , Dec. 18, 2024 /PRNewswire/ -- ADP (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, is scheduled to release its financial results for the second fiscal quarter ending December 31, 2024 before the opening of the Nasdaq on Wednesday, January 29, 2025.
Positive
Seeking Alpha
1 week ago
Best Way To Invest $100,000: Build An 8-Stock Portfolio For Growth And Value
Concentrate on a select few high-conviction stocks across different sectors to avoid "diworsification" and maximize returns, inspired by Charlie Munger and Warren Buffett. Utilize Joel Greenblatt's "Magic Formula" and James O'Shaughnessy's methodologies to screen stocks based on earnings yield and return on total capital. Exclude overly regulated sectors like Utilities, Financials, and REITs to focus on sectors with higher growth potential and less regulatory constraints.
Neutral
Seeking Alpha
1 week ago
Automatic Data Processing, Inc. (ADP) 51st Annual NASDAQ Morgan Stanley Investor Conference (Transcript)
Automatic Data Processing, Inc. (NASDAQ:ADP ) 51st Annual NASDAQ Morgan Stanley Investor Conference December 10, 2024 3:00 AM ET Company Participants Don McGuire - Chief Financial Officer Conference Call Participants Michael Infante - Morgan Stanley Michael Infante Hi, everyone. Thanks for joining us.
Positive
Seeking Alpha
2 weeks ago
5 Relatively Secure And Cheap Dividend Stocks For December 2024: Yields Up To 9%
This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.28%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
Negative
Zacks Investment Research
2 weeks ago
Jobless Claims Increased More Than Expected
The final Jobs Week of 2024 continues this morning, with Weekly Jobless Claims reporting mixed results, whether we're looking at new claims or longer-term ones. Pre-market futures have not budged from prior to these new numbers hitting the tape, and at this hour, market indexes are rolling back those fresh all-time closing highs that have been the narrative of the week so far.
Neutral
Zacks Investment Research
2 weeks ago
Jobless Claims Mixed, Trade Deficit Slimmer
Both Initial and Continuing Jobless Claims are still representative of a healthy labor situation overall.
Positive
Seeking Alpha
2 weeks ago
17 Upcoming Dividend Increases, Including A King
With the holiday season underway, I present 17 companies with dividend increases for 2024, including Becton, Dickinson, and Company, a dividend king with a 52-year streak. My strategy focuses on buying, holding, and adding to companies with consistent dividend growth and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ. I prioritize companies with strong historical returns and high 10-year dividend growth rates, comparing them against the Schwab U.S. Dividend Equity ETF.
Neutral
Zacks Investment Research
2 weeks ago
Private Payrolls Increased Less Than Expected
Pre-market futures have remained in the green following a key inflation report this morning ahead of the open. The Dow leads the way, +170 points — which has plenty to do with double-digit gains from Salesforce ( CRM ) yesterday afternoon — while the S&P 500 and the Nasdaq, fresh off another all-time closing high Tuesday, are up +18 points and +145 points, respectively.
Negative
Zacks Investment Research
2 weeks ago
ADP +146K: Lighter than Expected
Manufacturing shed -26K positions in November, another hard reality for an already struggling sector of the economy.
Neutral
Zacks Investment Research
2 weeks ago
Markets Await More Economic Data
Pre-market futures are flat as a pancake at this hour, with none of the major indexes either up or down 0.1% currently. We're still a day away from early morning jobs data, which starts tomorrow with private-sector payrolls for November from Automatic Data Processing ( ADP ).
Charts implemented using Lightweight Charts™