Automatic Data Processing, Inc. (ADP)

Over the past six months, ADP's stock has declined by 32.66% in the last 12 months and 3.07% over the past four weeks as of late April 2026. As of May 6, 2026, the stock price was $207.20 per share, a decline from $305.18 on May 7, 2025. ADP completed a $1 billion debt issuance of 5.000% senior notes due 2036, with proceeds earmarked for general corporate purposes, including share repurchases. In late April 2026, ADP reported a strong Q3 earnings beat and raised its FY2026 adjusted EPS growth guidance to 10–11% and authorized a $6 billion share buyback. Despite strong earnings, ADP's stock has at times underperformed the broader market. ADP's April private payrolls report showed 109,000 jobs added, the strongest gain in 15 months.

Demand for ADP's products and services exhibits seasonality, particularly around year-end (mid-November to February) due to compliance-driven deadlines. During these peak times, there can be restrictions on paid time off (PTO) and a demand for surge coverage. The demand for talent, which ADP's services address, also fluctuates with the season in many industries.

Automatic Data Processing, Inc. (ADP) is a multinational provider of cloud-based human capital management (HCM) solutions, payroll processing, and professional employer organization (PEO) services, operating primarily within the business services and software sectors. ADP offers cloud-based HCM platforms, payroll services, benefits administration, talent management, HR management, workforce management, compliance, insurance, and retirement services. ADP also provides HR outsourcing through ADP TotalSource, offering co-employment solutions for comprehensive HR management. Key products include RUN Powered by ADP, ADP Workforce Now, ADP TotalSource, ADP SmartCompliance, Wisely by ADP, and ADP DataCloud.

ADP's global headquarters is located in Roseland, New Jersey, United States. The company has an international presence, providing services in over 140 countries and territories. ADP maintains key office locations across North America, Europe, and Asia, including major U.S. offices in states like California, New York, and Florida, and international offices in cities such as London, Paris, Tokyo, and Bangalore. ADP also holds subsidiaries in 33 countries, with a strong presence in the United States, India, and France.

ADP maintains a strong brand reputation and has been named by FORTUNE® magazine as one of the "World's Most Admired Companies" for 18 consecutive years in 2024, 19 consecutive years in 2025, and 20 consecutive years in 2026. Clients trust ADP for managing their workforces and appreciate its innovation, flexibility, and customer experience. The company's myADP app also boasts millions of downloads and a high rating. No significant negative events affecting ADP's brand reputation in the past year were found in the provided search results.

Institutional investors hold approximately 80.03% of ADP's stock as of July 25, 2025. Major institutional shareholders as of March 30, 2025, include Vanguard Group Inc. (10.09% of shares), BlackRock, Inc. (8.90% of shares), and State Street Corp (4.58% of shares). Other significant institutional owners include Geode Capital Management, LLC, Morgan Stanley, Capital Research Global Investors, Wellington Management Group LLP, Wells Fargo & Company/mn, Northern Trust Corp, and AllianceBernstein L.P. The company's board is primarily composed of independent directors.