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. Its offerings include payroll, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solutions to small and mid-sized businesses through a co-employment model. This segment offers benefits package, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. The company was founded in 1949 and is headquartered in Roseland, New Jersey.
Company profile
Ticker
ADP
Exchange
Website
CEO
Ms. Maria Black
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
ADP Atlantic, LLC • ADP Benefit Services KY, Inc. • ADP Brasil Ltda • ADP Broker-Dealer, Inc. • ADP Canada Co. • ADP Employer Services GmbH • ADP Europe SAS • ADP France SAS • ADP GlobalView B.V. • ADP GSI France SAS ...
IRS number
221467904
ADP stock data
Analyst ratings and price targets
Latest filings (excl ownership)
ARS
2024 FY
Annual report to shareholders
19 Sep 24
DEFA14A
Additional proxy soliciting materials
19 Sep 24
DEF 14A
Definitive proxy
19 Sep 24
8-K
Entry into a Material Definitive Agreement
9 Sep 24
424B2
Prospectus for primary offering
6 Sep 24
FWP
Free writing prospectus
4 Sep 24
424B2
Prospectus for primary offering
4 Sep 24
S-3ASR
Automatic shelf registration
4 Sep 24
10-K
2024 FY
Annual report
7 Aug 24
8-K
ADP Reports Fourth Quarter and Fiscal 2024 Results; Provides Fiscal 2025 Outlook
31 Jul 24
Transcripts
ADP
Earnings call transcript
2024 Q4
31 Jul 24
ADP
Earnings call transcript
2024 Q3
1 May 24
ADP
Earnings call transcript
2024 Q2
31 Jan 24
ADP
Earnings call transcript
2024 Q1
25 Oct 23
ADP
Earnings call transcript
2023 Q4
26 Jul 23
ADP
Earnings call transcript
2023 Q4
26 Jul 23
ADP
Earnings call transcript
2023 Q3
26 Apr 23
ADP
Earnings call transcript
2023 Q2
25 Jan 23
ADP
Earnings call transcript
2023 Q1
26 Oct 22
ADP
Earnings call transcript
2022 Q4
27 Jul 22
Latest ownership filings
4
David Kwon
18 Sep 24
4
Joseph DeSilva
18 Sep 24
144
Notice of proposed sale of securities
17 Sep 24
144
Notice of proposed sale of securities
17 Sep 24
4
Carlos A Rodriguez
16 Sep 24
144
Notice of proposed sale of securities
13 Sep 24
4
Carlos A Rodriguez
12 Sep 24
144
Notice of proposed sale of securities
12 Sep 24
144
Notice of proposed sale of securities
11 Sep 24
4
Michael A Bonarti
11 Sep 24
Financial summary
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Diluted EPS |
Annual (USD) | Jun 24 | Jun 23 | Jun 22 | Jun 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 10.09 bn | 10.09 bn | 10.09 bn | 10.09 bn | 10.09 bn | 10.09 bn |
Cash burn (monthly) | 3.35 bn | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 12.57 bn | n/a | n/a | n/a | n/a | n/a |
Cash remaining | -2.48 bn | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | -0.7 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
80.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2129 |
Opened positions | 174 |
Closed positions | 131 |
Increased positions | 785 |
Reduced positions | 775 |
13F shares | Current |
---|---|
Total value | 75.41 tn |
Total shares | 326.40 mm |
Total puts | 1.21 mm |
Total calls | 1.47 mm |
Total put/call ratio | 0.8 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 40.22 mm | $9.60 tn |
BLK BlackRock | 34.09 mm | $8.14 tn |
STT State Street | 17.91 mm | $4.30 tn |
MS Morgan Stanley | 11.52 mm | $2.75 tn |
Geode Capital Management | 10.23 mm | $2.44 tn |
BK The Bank of New York Mellon Corporation | 8.35 mm | $1.99 tn |
WFC Wells Fargo & Company | 8.03 mm | $1.92 tn |
Alliancebernstein | 7.58 mm | $1.81 tn |
BAC Bank of America | 6.21 mm | $1.48 tn |
Wellington Management | 6.05 mm | $1.44 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
17 Sep 24 | David Kwon | Common Stock | Sell | Dispose S | No | Yes | 280 | 100 | 28.00 k | 10,218.08 |
17 Sep 24 | Joseph DeSilva | Common Stock | Sell | Dispose S | No | Yes | 280 | 1,383 | 387.24 k | 18,606.653 |
17 Sep 24 | Joseph DeSilva | Common Stock | Option exercise | Acquire M | No | Yes | 169.84 | 1,383 | 234.89 k | 19,989.653 |
17 Sep 24 | Joseph DeSilva | Stock Option Common Stock | Option exercise | Dispose M | No | No | 169.84 | 1,383 | 234.89 k | 0 |
13 Sep 24 | Rodriguez Carlos A | Common Stock | Sell | Dispose S | No | Yes | 277.7033 | 17,267 | 4.80 mm | 36,741.076 |
13 Sep 24 | Rodriguez Carlos A | Common Stock | Sell | Dispose S | No | Yes | 278.372 | 2,383 | 663.36 k | 54,008.076 |
13 Sep 24 | Rodriguez Carlos A | Common Stock | Sell | Dispose S | No | Yes | 276.8347 | 2,300 | 636.72 k | 56,391.076 |
13 Sep 24 | Rodriguez Carlos A | Common Stock | Option exercise | Acquire M | No | Yes | 206.86 | 21,950 | 4.54 mm | 58,691.076 |
13 Sep 24 | Rodriguez Carlos A | Stock Option Common Stock | Option exercise | Dispose M | No | No | 206.86 | 21,950 | 4.54 mm | 43,900 |
12 Sep 24 | Rodriguez Carlos A | Common Stock | Sell | Dispose S | No | Yes | 278.3928 | 7,463 | 2.08 mm | 36,741.076 |
News
UBS Maintains Neutral on Automatic Data Processing, Raises Price Target to $295
22 Oct 24
Jefferies Maintains Hold on Automatic Data Processing, Raises Price Target to $290
22 Oct 24
4 Service Firms Poised to Beat Estimates This Earnings Season
17 Oct 24
ADP Acquires WorkForce Software; No Financial Terms Disclosed
15 Oct 24
Here's How Much You Would Have Made Owning Automatic Data Processing Stock In The Last 20 Years
8 Oct 24
Press releases
ADP Acquires WorkForce Software
15 Oct 24
ADP National Employment Report: Private Sector Employment Increased by 143,000 Jobs in September; Annual Pay was Up 4.7%
2 Oct 24
ADP Unveils Lyric: The Flexible, Intelligent and Human-Centric Global HR Platform
23 Sep 24
ADP National Employment Report: Private Sector Employment Increased by 99,000 Jobs in August; Annual Pay was Up 4.8%
5 Sep 24
ADP Announces Pricing of its Senior Notes Due 2034
5 Sep 24