Automatic Data Processing, Inc. (ADP)

In the past six months, ADP's stock has experienced various events and fluctuations. As of October 23, 2025, the share price was $281.55, representing a decline of 2.72% over the past year. ADP released its Q4 2025 earnings on July 30, 2025, reporting $2.26 earnings per share (EPS), beating analyst estimates, and revenue of $5.13 billion, exceeding the consensus. ADP declared a quarterly dividend of $1.54 per share, with an ex-dividend date of September 12, 2025, and a pay date of October 1, 2025. On September 25, 2025, ADP nominated Karen S. Lynch and Robert H. Swan to its Board of Directors. The stock price has shown some volatility, with a decline in 6 of the last 10 days leading up to October 24, 2025, resulting in a 1.49% decrease during that period. Wells Fargo initiated coverage of ADP with an "Underweight" recommendation in October 2025.

Demand for ADP's products and services exhibits seasonality, largely influenced by broader employment trends. U.S. employment tends to be higher during the winter and spring months compared to the summer. ADP accounts for these predictable shifts by applying seasonal adjustments to its National Employment Report. The company's business model is generally considered resilient to economic slowdowns due to the non-discretionary nature of its services.

Automatic Data Processing, Inc. (ADP) is a global leader in human capital management (HCM) solutions and business process outsourcing services, specializing in cloud-based platforms. Founded in 1949, ADP has evolved from a payroll processing company into a comprehensive provider of HR, payroll, tax, and benefits administration services. The company operates primarily within the Industrials sector, specifically in the Diversified Commercial Services and Staffing & Employment Services industries. ADP's major products and services are categorized into two primary segments: Employer Services and Professional Employer Organization (PEO) Services. Employer Services offers strategic, cloud-based platforms and HR outsourcing solutions for businesses of all sizes, including RUN Powered by ADP®, ADP Workforce Now®, ADP Vantage HCM®, ADP SmartCompliance®, Wisely® by ADP, ADP Global Payroll, and ADP Lyric HCM®. Professional Employer Organization (PEO) Services (operating as ADP TotalSource) provides HR and employment administration outsourcing through a co-employment model, including employee benefits, compliance, talent engagement, and comprehensive HR and payroll support. ADP serves a diverse range of industries, including restaurant and hospitality, manufacturing, professional and technical services, construction, financial services, retail, healthcare, government and educational institutions, and non-profit social organizations.

ADP's global headquarters is located in Roseland, New Jersey, United States. The company operates in over 140 countries and markets, with key office locations across North America, Europe, and Asia. Major U.S. offices are found in cities such as Atlanta, San Diego, and Elkhart. Internationally, ADP has offices in prominent cities like London, Paris, Tokyo, and Bangalore. The company also has a substantial presence in Canada, servicing over 50,000 clients across the Canadian landscape.

ADP has consistently maintained a strong brand reputation, evidenced by its long-standing recognition on prestigious lists. The company has been included on Fortune Magazine's "World's Most Admired Companies" List for 14 consecutive years and has earned recognition from DiversityInc as one of the top companies for diversity and inclusion in the United States for 11 consecutive years. In 2025, Forbes also recognized ADP on several lists, including "World's Best Employers," "America's Best Employers For Company Culture," and "Most Trusted Companies in America." Customer support concerns have been raised on platforms like Reddit, and ADP's National Employment Report can sometimes present a negative picture of job growth.

Automatic Data Processing, Inc. is largely favored by institutional owners, who collectively hold approximately 83% of the company's shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. Individual insiders own less than 1% of the company's shares. Henry Taub, the company's founder, is noted as the largest individual shareholder, owning 1.23% of the company's shares. Recent insider trading activity indicates that ADP insiders have primarily sold shares.