Automatic Data ProcessingADP
About: Automatic Data Processing is a global technology company providing cloud-based human capital management solutions enabling clients to better implement payroll, talent, time, tax, and benefits administration. Additionally, ADP provides human resource outsourcing solutions that allow customers to offload some of their traditional HR tasks. The company operates through two segments: employer services and the professional employer organization services. Employer services consists of the company's HCM products as well as a la carte HRO solutions. PEO services contains ADP's comprehensive HRO solution where it acts as a co-employer with its customer. As of fiscal 2024, ADP serves over 1.1 million clients and pays over 42 million workers across 140 countries.
Employees: 64,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
221% more first-time investments, than exits
New positions opened: 250 | Existing positions closed: 78
24% more call options, than puts
Call options by funds: $680M | Put options by funds: $548M
11% more funds holding in top 10
Funds holding in top 10: 71 [Q3] → 79 (+8) [Q4]
8% more capital invested
Capital invested by funds: $90.9B [Q3] → $98.4B (+$7.56B) [Q4]
3% more funds holding
Funds holding: 2,199 [Q3] → 2,263 (+64) [Q4]
0.06% more ownership
Funds ownership: 80.36% [Q3] → 80.42% (+0.06%) [Q4]
11% less repeat investments, than reductions
Existing positions increased: 756 | Existing positions reduced: 848
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Barclays Ramsey El-Assal 70% 1-year accuracy 40 / 57 met price target | 13%upside $350 | Overweight Maintained | 3 Feb 2025 |
RBC Capital Ashish Sabadra 87% 1-year accuracy 47 / 54 met price target | 1%upside $315 | Sector Perform Reiterated | 30 Jan 2025 |
Jefferies Samad Samana 76% 1-year accuracy 13 / 17 met price target | 2%downside $305 | Hold Maintained | 30 Jan 2025 |
Financial journalist opinion
Based on 22 articles about ADP published over the past 30 days
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