ADP
Automatic Data Processing, Inc.Technology · $104.5B market cap
Verdict
Share price
$257.68
close of Oct 3, 2026
Fair value
$232.32
Sticker Price
Payback Price
$92.93
buy price
ADP is Overpriced: at $257.68 it trades 11% above its fair value of $232.32. Its buy price (Payback Price) is $92.93, 64% below today's price. Business quality is limited: only 1 of 5 key numbers clears the 10% bar.
How we valued it
Dividend Discount Model. It has paid a dividend for 10+ years in a row, raised it most years, and yields over 2%. For a steady payer like this, the dividend is the best guide to value.
Business quality
1 of 5 clear the 10% bar. What are the Big Five?
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6 of the investors we track hold ADP. In Q2 2026, 3 added and 2 trimmed. Who we track
First Eagle Investment Management
First Eagle Investment Management · as of Q2 2026
$1.2B
5,173,929 shares
Terry Smith
Fundsmith · as of Q2 2026
$582.6M
2,601,567 shares
Francois Rochon
Giverny Capital · as of Q2 2026
$146.6M
654,556 shares
Mairs & Power Funds
Mairs & Power Funds · as of Q2 2026
$28.5M
127,173 shares
Jensen Investment Management
Jensen Investment Management · as of Q2 2026
$18.5M
82,492 shares
Show all 6 holdersShow fewer
David Katz
Matrix Asset Advisors · as of Q2 2026
$12.5M
56,001 shares
Moves in Q2 2026
Added: Francois Rochon, First Eagle Investment Management, David Katz
Trimmed: Terry Smith, Jensen Investment Management
Insider activity
Since Jul 1, 2026: no open-market purchases, 23 sales worth $12.3M and 48 other filings (stock awards, tax withholding and similar). Why purchases matter
Sales
DeSilva Joseph
Executive VP · 2026-09-03
Sold
$178K
Black Maria
President & CEO · 2026-09-02
Sold
$3.0M
Black Maria
President & CEO · 2026-09-02
Sold
$2.2M
Black Maria
President & CEO · 2026-09-02
Sold
$811K
Black Maria
President & CEO · 2026-09-02
Sold
$417K
Show all 23 salesShow fewer
Black Maria
President & CEO · 2026-09-02
Sold
$335K
Black Maria
President & CEO · 2026-09-02
Sold
$286K
Black Maria
President & CEO · 2026-09-02
Sold
$287K
Black Maria
President & CEO · 2026-09-02
Sold
$220K
Black Maria
President & CEO · 2026-09-02
Sold
$214K
Black Maria
President & CEO · 2026-09-02
Sold
$195K
Black Maria
President & CEO · 2026-09-02
Sold
$172K
Black Maria
President & CEO · 2026-09-02
Sold
$156K
Black Maria
President & CEO · 2026-09-02
Sold
$72K
Black Maria
President & CEO · 2026-09-02
Sold
$60K
D'Ambrosio Christopher
Corp. VP · 2026-09-02
Sold
$530K
DeSilva Joseph
Executive VP · 2026-09-02
Sold
$1.8M
Foskett David
Corp. VP · 2026-09-02
Sold
$433K
Michaud Brian L.
Executive VP · 2026-08-21
Sold
$34K
Kwon David
Corp VP · 2026-08-20
Sold
$223K
Kwon David
Corp VP · 2026-07-30
Sold
$280K
Kwon David
Corp VP · 2026-07-30
Sold
$236K
Kwon David
Corp VP · 2026-07-30
Sold
$126K
Other filings
Sugla Vishwas
Chief Strategy Officer · 2026-09-09
Award
2,073 shares
Sugla Vishwas
Chief Strategy Officer · 2026-09-09
Award
2,827 shares
Black Maria
President & CEO · 2026-09-01
Tax withholding
$8.8M
Black Maria
President & CEO · 2026-09-01
Award
21,689 shares
Boland Paul
Corp. VP · 2026-09-01
Tax withholding
$888K
Show all 48 other filingsShow fewer
Boland Paul
Corp. VP · 2026-09-01
Award
3,634 shares
Bonarti Michael A
Corporate Vice President · 2026-09-01
Tax withholding
$2.2M
Bonarti Michael A
Corporate Vice President · 2026-09-01
Award
5,076 shares
D'Ambrosio Christopher
Corp. VP · 2026-09-01
Tax withholding
$492K
D'Ambrosio Christopher
Corp. VP · 2026-09-01
Award
2,565 shares
DeSilva Joseph
Executive VP · 2026-09-01
Tax withholding
$2.1M
DeSilva Joseph
Executive VP · 2026-09-01
Award
5,089 shares
Foskett David
Corp. VP · 2026-09-01
Tax withholding
$561K
Foskett David
Corp. VP · 2026-09-01
Award
4,006 shares
Hadley Peter J
CFO · 2026-09-01
Tax withholding
$468K
Hadley Peter J
CFO · 2026-09-01
Award
6,464 shares
KUTAM SREENIVASA
Corp VP · 2026-09-01
Tax withholding
$2.1M
KUTAM SREENIVASA
Corp VP · 2026-09-01
Award
5,259 shares
Kwon David
Corp VP · 2026-09-01
Tax withholding
$558K
Kwon David
Corp VP · 2026-09-01
Award
1,763 shares
Lehberger Jonathan S
Corp. VP · 2026-09-01
Tax withholding
$115K
Lehberger Jonathan S
Corp. VP · 2026-09-01
Award
903 shares
Magliulo Virginia
Executive VP · 2026-09-01
Tax withholding
$768K
Magliulo Virginia
Executive VP · 2026-09-01
Award
2,858 shares
Michaud Brian L.
Executive VP · 2026-09-01
Tax withholding
$647K
Michaud Brian L.
Executive VP · 2026-09-01
Award
2,683 shares
Orihuela Samantha D
Chief Marketing Officer · 2026-09-01
Tax withholding
$44K
Orihuela Samantha D
Chief Marketing Officer · 2026-09-01
Award
1,163 shares
Rodriguez Carlos A
director · 2026-09-01
Tax withholding
$3.8M
Kwon David
Corp VP · 2026-08-20
Option exercise
$164K
Black Maria
President & CEO · 2026-08-05
Award
44,859.292 shares
Boland Paul
Corp. VP · 2026-08-05
Award
4,671.865 shares
Bonarti Michael A
Corporate Vice President · 2026-08-05
Award
11,572.843 shares
D'Ambrosio Christopher
Corp. VP · 2026-08-05
Award
2,601.218 shares
DeSilva Joseph
Executive VP · 2026-08-05
Award
10,902.584 shares
Foskett David
Corp. VP · 2026-08-05
Award
2,646.999 shares
Hadley Peter J
CFO · 2026-08-05
Award
1,479.032 shares
KUTAM SREENIVASA
Corp VP · 2026-08-05
Award
11,083.354 shares
Kwon David
Corp VP · 2026-08-05
Award
3,114.186 shares
Lehberger Jonathan S
Corp. VP · 2026-08-05
Award
746.558 shares
Magliulo Virginia
Executive VP · 2026-08-05
Award
4,049.733 shares
Michaud Brian L.
Executive VP · 2026-08-05
Award
4,049.733 shares
Rodriguez Carlos A
director · 2026-08-05
Award
24,921.697 shares
Kwon David
Corp VP · 2026-07-31
Option exercise
$35K
Kwon David
Corp VP · 2026-07-30
Option exercise
$123K
Black Maria
President & CEO · 2026-07-01
I-Discretionary
$11K
Foskett David
Corp. VP · 2026-07-01
I-Discretionary
$11K
Michaud Brian L.
Executive VP · 2026-07-01
I-Discretionary
$11K
About Automatic Data Processing, Inc.
Automatic Data Processing, Inc. (ADP) is a global provider of cloud-based solutions designed for human capital management (HCM). The company organizes its operations into two primary segments: Employer Services and Professional Employer Organization (PEO). Through its Employer Services division, ADP delivers strategic, cloud-powered platforms and comprehensive human resources (HR) outsourcing. This encompasses a…
Software - Application
Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works