Robeco Institutional Asset Management B.V. Has $151.19 Million Holdings in Automatic Data Processing, Inc. $ADP

12 Apr 2026, 06:42 by Doug Wharley · The Cerbat Gem

Robeco Institutional Asset Management B.V. lessened its stake in Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 17.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 587,769 shares of the business services provider’s stock after selling 120,050 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Automatic Data Processing were worth $151,192,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Imprint Wealth LLC acquired a new position in Automatic Data Processing in the third quarter valued at about $25,000. TruNorth Capital Management LLC acquired a new position in Automatic Data Processing in the third quarter valued at about $28,000. Cloud Capital Management LLC acquired a new position in Automatic Data Processing in the third quarter valued at about $29,000. Y.D. More Investments Ltd acquired a new position in Automatic Data Processing in the third quarter valued at about $32,000. Finally, Board of the Pension Protection Fund acquired a new position in Automatic Data Processing in the fourth quarter valued at about $31,000. Institutional investors and hedge funds own 80.03% of the company’s stock.

Trending Headlines about Automatic Data Processing

Here are the key news stories impacting Automatic Data Processing this week:

Positive Sentiment: ADP declared a quarterly dividend of $1.70 per share (ex‑dividend June 12, payable July 1), implying a ~3.5% yield — a cash-return anchor that can support investor demand amid price weakness.
Neutral Sentiment: Short‑interest data published for April appears non‑informative (reported as 0 shares with an NaN change and a 0.0 days‑to‑cover), so it provides no clear signal about bearish positioning right now.
Neutral Sentiment: General market/company pages and quote services (CNN, Yahoo Finance) are updating ADP coverage and price data but contain no single new catalyst beyond routine reporting. Automatic Data Processing, Inc. – CNN Markets
Neutral Sentiment: Company quote and news aggregation on Yahoo Finance provides updated metrics and headlines for investors monitoring intraday moves. Automatic Data Processing, Inc. – Yahoo Finance
Negative Sentiment: MarketWatch reports ADP has fallen to a new 52‑week low — a technical sign that heightens downside risk and may prompt momentum selling and cautious positioning by momentum/quant funds. Automatic Data Processing Inc. stock falls to new 52-week low
Negative Sentiment: BMO Capital trimmed ADP’s price target to $234, citing both cyclical and structural pressures on ADP’s business — an analyst action that can weaken sentiment and reduce comfort for long positions, particularly given ADP’s elevated valuation relative to near‑term growth risks. BMO Capital trims ADP target to $234

Insider Transactions at Automatic Data Processing

In other news, VP Brian L. Michaud sold 1,000 shares of the business’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $234.18, for a total transaction of $234,180.00. Following the sale, the vice president directly owned 15,310 shares in the company, valued at approximately $3,585,295.80. The trade was a 6.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP David Kwon sold 806 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $264.80, for a total value of $213,428.80. Following the completion of the sale, the vice president owned 11,187 shares in the company, valued at $2,962,317.60. The trade was a 6.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 3,158 shares of company stock valued at $766,263. 0.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research firms have issued reports on ADP. Cantor Fitzgerald began coverage on Automatic Data Processing in a research report on Tuesday, January 27th. They issued an “overweight” rating and a $306.00 target price on the stock. Stifel Nicolaus decreased their target price on Automatic Data Processing from $280.00 to $270.00 and set a “hold” rating on the stock in a research report on Monday, February 9th. Jefferies Financial Group reiterated an “underperform” rating and issued a $230.00 target price (down from $245.00) on shares of Automatic Data Processing in a research report on Tuesday, December 16th. Morgan Stanley decreased their target price on Automatic Data Processing from $311.00 to $274.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 29th. Finally, Wells Fargo & Company decreased their target price on Automatic Data Processing from $262.00 to $214.00 and set an “underweight” rating on the stock in a research report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $284.77.

Read Our Latest Research Report on ADP

Automatic Data Processing Stock Performance

NASDAQ:ADP opened at $188.79 on Friday. The stock has a market cap of $76.01 billion, a P/E ratio of 18.15 and a beta of 0.85. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.62. The stock’s 50-day moving average is $213.06 and its 200-day moving average is $247.04. Automatic Data Processing, Inc. has a 1-year low of $188.16 and a 1-year high of $329.93.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The business services provider reported $2.62 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.05. The company had revenue of $5.36 billion for the quarter, compared to analysts’ expectations of $5.34 billion. Automatic Data Processing had a return on equity of 68.44% and a net margin of 19.96%.The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same period in the previous year, the business posted $2.35 earnings per share. Automatic Data Processing has set its FY 2026 guidance at 10.091-11.011 EPS. Equities research analysts anticipate that Automatic Data Processing, Inc. will post 9.93 earnings per share for the current year.

Automatic Data Processing announced that its Board of Directors has approved a stock buyback plan on Wednesday, January 14th that authorizes the company to repurchase $6.00 billion in outstanding shares. This repurchase authorization authorizes the business services provider to purchase up to 5.8% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Automatic Data Processing Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Friday, June 12th will be issued a dividend of $1.70 per share. This represents a $6.80 annualized dividend and a dividend yield of 3.6%. The ex-dividend date is Friday, June 12th. Automatic Data Processing’s payout ratio is 65.38%.

Automatic Data Processing Company Profile

(Free Report)

Automatic Data Processing, Inc (ADP) is a global provider of cloud-based human capital management (HCM) and payroll solutions. Founded in 1949 and headquartered in Roseland, New Jersey, ADP began as a payroll processing company and has evolved into a diversified provider of workforce management, HR, benefits administration, tax and compliance services, and analytics for employers of all sizes.

ADP’s product portfolio includes payroll processing and tax filing, time and attendance systems, benefits administration, talent management, and HR outsourcing.