Krane Funds Advisors LLC Has $498,000 Holdings in Automatic Data Processing, Inc. (NASDAQ:ADP)

02 Jul 2025, 13:32 by Doug Wharley · The Cerbat Gem

Krane Funds Advisors LLC decreased its position in shares of Automatic Data Processing, Inc. (NASDAQ:ADP – Free Report) by 7.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,629 shares of the business services provider’s stock after selling 122 shares during the period. Krane Funds Advisors LLC’s holdings in Automatic Data Processing were worth $498,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the company. Moody Lynn & Lieberson LLC grew its position in shares of Automatic Data Processing by 0.7% during the 1st quarter. Moody Lynn & Lieberson LLC now owns 18,549 shares of the business services provider’s stock worth $5,667,000 after buying an additional 121 shares during the period. Aaron Wealth Advisors LLC boosted its stake in Automatic Data Processing by 1.1% during the 1st quarter. Aaron Wealth Advisors LLC now owns 8,905 shares of the business services provider’s stock worth $2,721,000 after acquiring an additional 100 shares during the last quarter. FSM Wealth Advisors LLC grew its holdings in Automatic Data Processing by 14.7% during the first quarter. FSM Wealth Advisors LLC now owns 1,319 shares of the business services provider’s stock valued at $403,000 after purchasing an additional 169 shares during the period. Detalus Advisors LLC increased its stake in Automatic Data Processing by 2.4% in the first quarter. Detalus Advisors LLC now owns 1,566 shares of the business services provider’s stock valued at $478,000 after purchasing an additional 37 shares in the last quarter. Finally, Pictet North America Advisors SA raised its holdings in Automatic Data Processing by 11.8% in the first quarter. Pictet North America Advisors SA now owns 36,241 shares of the business services provider’s stock worth $11,073,000 after purchasing an additional 3,817 shares during the period. Institutional investors and hedge funds own 80.03% of the company’s stock.

Insider Activity

In other news, VP Christopher D’ambrosio sold 478 shares of the company’s stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $293.14, for a total value of $140,120.92. Following the completion of the sale, the vice president owned 7,364 shares in the company, valued at $2,158,682.96. This represents a 6.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.21% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms have weighed in on ADP. Royal Bank Of Canada reiterated a “sector perform” rating and set a $315.00 target price on shares of Automatic Data Processing in a report on Thursday, June 5th. Stifel Nicolaus lifted their price objective on Automatic Data Processing to $305.00 and gave the company a “buy” rating in a report on Friday, May 2nd. Morgan Stanley boosted their price objective on Automatic Data Processing from $305.00 to $310.00 and gave the company an “equal weight” rating in a research report on Tuesday, June 17th. Mizuho raised their target price on shares of Automatic Data Processing from $321.00 to $332.00 and gave the stock an “outperform” rating in a report on Friday, June 13th. Finally, UBS Group cut their price target on shares of Automatic Data Processing from $323.00 to $315.00 and set a “neutral” rating on the stock in a research note on Friday, June 13th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $307.08.

View Our Latest Analysis on ADP

Automatic Data Processing Trading Up 0.6%

ADP opened at $310.13 on Wednesday. Automatic Data Processing, Inc. has a twelve month low of $231.27 and a twelve month high of $329.93. The company has a fifty day moving average of $311.35 and a 200-day moving average of $303.23. The stock has a market cap of $125.89 billion, a PE ratio of 31.74, a price-to-earnings-growth ratio of 3.20 and a beta of 0.76. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.51.

Automatic Data Processing (NASDAQ:ADP – Get Free Report) last issued its earnings results on Wednesday, April 30th. The business services provider reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.97 by $0.09. Automatic Data Processing had a net margin of 19.79% and a return on equity of 77.33%. The business had revenue of $5.55 billion for the quarter, compared to analyst estimates of $5.49 billion. During the same period in the prior year, the firm earned $2.88 earnings per share. Automatic Data Processing’s revenue was up 5.7% on a year-over-year basis. On average, sell-side analysts predict that Automatic Data Processing, Inc. will post 9.93 EPS for the current year.

Automatic Data Processing Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 1st. Stockholders of record on Friday, June 13th were issued a $1.54 dividend. The ex-dividend date was Friday, June 13th. This represents a $6.16 dividend on an annualized basis and a dividend yield of 1.99%. Automatic Data Processing’s dividend payout ratio is presently 63.05%.

About Automatic Data Processing

(Free Report)

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.