<div id="readability-page-1"><p>Benjamin Edwards Inc. grew its stake in  Automatic Data Processing, Inc. (NASDAQ:ADP - Free Report) by 2.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 233,449 shares of the business services provider's stock after acquiring an additional 4,961 shares during the period. Automatic Data Processing accounts for  0.9% of Benjamin Edwards Inc.'s holdings, making the stock its 12th biggest holding. Benjamin Edwards Inc. owned about 0.06% of Automatic Data Processing worth $71,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).</p><ul><li>Workday’s Next-Gen AI Integration: Perfect Time to Buy the Dip?</li></ul><p>A number of other large investors have also recently modified their holdings of ADP. Laurel Wealth Advisors LLC increased its holdings in  Automatic Data Processing by 30,110.7% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 4,668,758 shares of the business services provider's stock worth $1,439,845,000 after purchasing an additional 4,653,304 shares during the period.  Norges Bank purchased a new position in shares of  Automatic Data Processing during the second quarter valued at $696,841,000.  Amundi raised its holdings in shares of  Automatic Data Processing by 24.9% in the second quarter. Amundi now owns 3,109,120 shares of the business services provider's stock valued at $948,549,000 after acquiring an additional 619,829 shares in the last quarter.  Ameriprise Financial Inc. lifted its stake in  Automatic Data Processing by 15.7% in the first quarter. Ameriprise Financial Inc. now owns 4,431,478 shares of the business services provider's stock worth $1,348,805,000 after acquiring an additional 601,400 shares during the period.  Finally, JPMorgan Chase &amp; Co. grew its holdings in  Automatic Data Processing by 26.6% during the 2nd quarter. JPMorgan Chase &amp; Co. now owns 2,812,637 shares of the business services provider's stock worth $867,445,000 after acquiring an additional 591,800 shares in the last quarter. Hedge funds and other institutional investors own  80.03% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><p>Several equities research analysts have recently commented on the stock. UBS Group reduced their price target on shares of Automatic Data Processing from $315.00 to $290.00 and set a &#34;neutral&#34; rating for the company in a report on Wednesday, September 17th. Wells Fargo &amp; Company reduced their price objective on shares of Automatic Data Processing from $288.00 to $272.00 and set an &#34;underweight&#34; rating for the company in a research note on Thursday, October 30th. JPMorgan Chase &amp; Co. dropped their target price on Automatic Data Processing from $340.00 to $295.00 and set an &#34;underweight&#34; rating on the stock in a research report on Thursday, October 30th. Citigroup initiated coverage on Automatic Data Processing in a report on Thursday, October 23rd. They issued a &#34;neutral&#34; rating and a $303.00 price target on the stock. Finally, Dbs Bank raised Automatic Data Processing to a &#34;hold&#34; rating in a research report on Thursday, August 21st. Two analysts have rated the stock with a Buy rating, ten have assigned  a Hold rating and two have assigned  a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $312.67.</p><ul><li>Why Paychex Stock's Dip is the Best Opportunity in Today's Cycle</li></ul><p><b>Read Our Latest Research Report on ADP</b></p><h2>Automatic Data Processing Stock Performance</h2><p>Shares of ADP opened at $266.10 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.62. The firm has a market cap of $107.62 billion, a PE ratio of 26.27 and a beta of 0.86. Automatic Data Processing, Inc. has a 12 month low of $247.18 and a 12 month high of $329.93. The stock has a fifty day moving average price of $265.94 and a 200-day moving average price of $291.02. </p><ul><li>3 payroll companies get clocked, but 1 looks cheap </li></ul><p>Automatic Data Processing (NASDAQ:ADP - Get Free Report) last announced its earnings results on Wednesday, October 29th. The business services provider reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.44 by $0.05. The company had revenue of $5.18 billion for the quarter, compared to analyst estimates of $5.14 billion. Automatic Data Processing had a return on equity of 70.63% and a net margin of 19.79%.The firm's quarterly revenue was up 7.1% compared to the same quarter last year. During the same period in the prior year, the company posted $2.33 EPS. Automatic Data Processing has set its FY 2026 guidance at 10.811-11.011 EPS.  Equities research analysts predict that  Automatic Data Processing, Inc. will post 9.93 earnings per share for the current fiscal year. </p><h2>Automatic Data Processing Increases Dividend</h2><p>The business also recently announced a quarterly dividend, which will be paid on Thursday, January 1st. Shareholders of record on Friday, December 12th will be given a dividend of $1.70 per share. The ex-dividend date of this dividend is Friday, December 12th. This represents a $6.80 annualized dividend and a yield of 2.6%. This is a boost from Automatic Data Processing's previous quarterly dividend of $1.54. Automatic Data Processing's payout ratio is presently 60.81%. </p><h2>About Automatic Data Processing</h2> (Free Report)<p>Automatic Data Processing, Inc provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Automatic Data Processing</li><li>How to Calculate Options Profits</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>What Are Treasury Bonds?</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>Why Special Dividends Can be a Delightful Surprise for Income Investors</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><strong>Want to see what other hedge funds are holding ADP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Automatic Data Processing, Inc. (NASDAQ:ADP - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QURQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QURQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Automatic Data Processing Right Now?</h2><p>Before you consider Automatic Data Processing, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Automatic Data Processing wasn't on the list.</p><p>While Automatic Data Processing currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Benjamin Edwards Inc. increased its stake in Automatic Data Processing, Inc. (ADP) by 2.2% in Q2, owning 233,449 shares worth $71,996,000. Other investors like Laurel Wealth Advisors and Norges Bank also modified their holdings. ADP's recent earnings beat estimates with $2.49 EPS and $5.18 billion revenue. Analysts have mixed ratings on ADP, with a consensus "Hold" rating and a price target of $312.67.</p>

Benjamin Edwards Inc. Grows Stock Holdings in Automatic Data Processing, Inc. $ADP