Why Automatic Data Processing (ADP) Stock Is Up Today

Automatic Data Processing (ADP) is up 4.5% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is rising optimism ahead of ADP’s fourth-quarter fiscal 2026 results, which are scheduled for July 29, 2026. Recent analyst target increases and ADP’s own pattern of stronger results and higher guidance earlier this year appear to be supporting bullish positioning into the report.

Details:

ADP said it will release fourth-quarter fiscal 2026 financial results before the market opens on July 29, 2026, giving investors a near-term catalyst.

Earlier this month, at least one analyst raised its price target and pointed to stronger float-income expectations, positive operating indicators, and the potential for a solid quarter.

In its fiscal third-quarter 2026 update, ADP reported adjusted diluted EPS growth of 10% and raised full-year guidance for revenue, adjusted EBIT margin, and adjusted diluted EPS growth.

ADP also disclosed a $6 billion share repurchase authorization earlier in 2026, which adds support to the capital-return story even if it is not the direct cause of today’s move.

Sources:

ADP Investor Relations, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ADP Insider Trading Activity

$ADP insiders have traded $ADP stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $ADP stock by insiders over the last 6 months:

CHRISTOPHER D'AMBROSIO (Corp. VP) has made 0 purchases and 3 sales selling 1,629 shares for an estimated $334,824.
BRIAN L. MICHAUD (Executive VP) sold 1,000 shares for an estimated $234,180
DAVID FOSKETT (Corp. VP) sold 266 shares for an estimated $63,042

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

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$ADP Hedge Fund Activity

We have seen 901 institutional investors add shares of $ADP stock to their portfolio, and 1,168 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CHARLES SCHWAB INVESTMENT MANAGEMENT INC added 9,147,649 shares (+378.9%) to their portfolio in Q1 2026, for an estimated $1,858,619,323
MORGAN STANLEY removed 3,954,127 shares (-38.2%) from their portfolio in Q1 2026, for an estimated $803,399,523
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO removed 3,409,198 shares (-98.3%) from their portfolio in Q1 2026, for an estimated $692,680,849
BANK OF NEW YORK MELLON CORP removed 3,159,058 shares (-49.3%) from their portfolio in Q1 2026, for an estimated $641,857,404
FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 2,849,784 shares (+inf%) to their portfolio in Q1 2026, for an estimated $579,019,113
WELLINGTON MANAGEMENT GROUP LLP added 2,729,882 shares (+37.0%) to their portfolio in Q1 2026, for an estimated $554,657,424
MITSUBISHI UFJ ASSET MANAGEMENT CO., LTD. removed 1,906,099 shares (-65.1%) from their portfolio in Q1 2026, for an estimated $387,281,194

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ADP Congressional Stock Trading

Members of Congress have traded $ADP stock 8 times in the past 6 months. Of those trades, 3 have been purchases and 5 have been sales.

Here’s a breakdown of recent trading of $ADP stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 2 times. They made 1 purchase worth up to $15,000 on 06/16 and 1 sale worth up to $15,000 on 04/14.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
REPRESENTATIVE JARED MOSKOWITZ has traded it 3 times. They made 0 purchases and 3 sales worth up to $45,000 on 03/23.
REPRESENTATIVE RICHARD MCCORMICK has traded it 2 times. They made 1 purchase worth up to $15,000 on 03/19 and 1 sale worth up to $15,000 on 03/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ADP Price Targets

Multiple analysts have issued price targets for $ADP recently. We have seen 8 analysts offer price targets for $ADP in the last 6 months, with a median target of $242.0.

Here are some recent targets:

Jason Kupferberg from Wells Fargo set a target price of $248.0 on 07/09/2026
David Grossman from Stifel set a target price of $260.0 on 07/08/2026
Bryan C. Bergin from TD Cowen set a target price of $223.0 on 07/06/2026
David Coleman from Argus Research set a target price of $240.0 on 05/05/2026
Bryan Keane from Citigroup set a target price of $230.0 on 04/30/2026
Kevin Mcveigh from UBS set a target price of $218.0 on 04/30/2026
Ramsey El-Assal from Cantor Fitzgerald set a target price of $244.0 on 04/21/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.