Commerzbank Aktiengesellschaft FI reduced its position in Automatic Data Processing by 23.3 percent during the third quarter, selling 9,260 shares and ending the period with 30,475 shares valued at 8,944,000 dollars. Other institutional moves in the second quarter included Jacobsen Capital Management increasing its stake by 3.8 percent to 907 shares worth 280,000 dollars, Signature Wealth Management Group adding 33 shares to reach 1,450 shares valued at 447,000 dollars, Ameritas Advisory Services boosting its holdings by 2.1 percent to 1,629 shares (502,000 dollars), PGIM Custom Harvest acquiring 34 additional shares to hold 722 shares worth 223,000 dollars, and Texas Yale Capital Corp. purchasing 35 shares to lift its position by 0.4 percent to 8,333 shares equating to 2,570,000 dollars. Institutional investors and hedge funds collectively own just over 80 percent of the company’s shares.

Since late October, several brokerages have updated their assessments of Automatic Data Processing. Citigroup initiated coverage with a neutral rating and a target of 303 dollars. JPMorgan Chase & Co. cut its target from 340 to 295 dollars and assigned an underweight rating. Wells Fargo reduced its objective from 288 to 272 dollars, also underweight. Jefferies Financial Group reiterated an underperform rating and lowered its forecast from 245 to 230 dollars. Weiss Ratings maintained a hold opinion with a c plus grade. Of the thirteen analysts tracked, two recommend buy, nine hold, and two sell, resulting in a consensus hold view and an average target of 306.42 dollars.

Two vice presidents decreased their personal holdings in January, with one selling 543 shares for proceeds of approximately 142,400 dollars—cutting his ownership by 5.15 percent to 9,998 shares—and another disposing of 900 shares for about 234,000 dollars, a 6.98 percent reduction to 11,993 shares. Over the past ninety days, insiders have sold a total of 2,249 shares for roughly 589,852 dollars, representing 0.20 percent of total shares outstanding. On January 14th, the board authorized a new share repurchase program of up to 6 billion dollars, equivalent to roughly 5.8 percent of shares outstanding, signaling confidence in the company’s valuation.

In its latest quarterly release, Automatic Data Processing reported earnings per share of 2.49, beating consensus by 0.05, and revenue of 5.18 billion dollars, a 7.1 percent year-over-year increase. Return on equity reached 70.63 percent with a net margin of 19.79 percent. For full fiscal 2026, management projects earnings between 10.811 and 11.011 per share, while analysts forecast 9.93 per share. The company declared a quarterly dividend of 1.70 dollars per share, payable April 1st to holders of record March 13th, amounting to an annualized yield of 2.6 percent and a payout ratio of 67.13 percent.