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After Hours
Last Updated: Aug 17, 2017 7:55 p.m. EDT Delayed quote

$ 104.00

-0.68 -0.65%
After Hours Volume: 3.3M
Close Chg Chg %
$104.68 -6.42 -5.78%
Advanced Charting
  • $
  • %
  • Vol
Advanced Charting
224.2% vs Avg.
Volume: 9.7M 65 Day Avg. - 4.3M
Open: 110.69
Close: 104.68
104.6200 Day Low/High 110.9500
Day Range
85.4800 52 Week Low/High 121.7700

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Key Data

  • Open $110.69
  • Day Range 104.6200 - 110.9500
  • 52 Week Range 85.4800 - 121.7700
  • Market Cap $49.37B
  • Shares Outstanding 447.41M
  • Public Float 446.57M
  • Beta 0.98
  • Rev. per Employee $213.45K
  • P/E Ratio 27.23
  • EPS $3.84
  • Yield 2.18%
  • Dividend $0.57
  • Ex-Dividend Date Sep 7, 2017
  • Short Interest 14.56M 07/31/17
  • % of Float Shorted 3.26%
  • Average Volume 4.32M

Performance

5 Day
  • -3.80%
1 Month
  • 0.10%
3 Month
  • 6.14%
YTD
  • 1.85%
1 Year
  • 16.51%

Recent News

  • MarketWatch
  • Other Dow Jones
Stock market closes sharply lower as tech shares wither

Stock market closes sharply lower as tech shares wither

ADP 'strongly disagrees' with Bill Ackman as war of words continues

The war of words between Automatic Data Processing Inc. and activist hedge fund manager Bill Ackman continued Thursday, as ADP weighed in on a presentation made by Ackman earlier in the day. The company said it "strongly disagrees" with Ackman's assertions, which it said show a lack of understanding of the company and its strategy. Ackman said the value of ADP's stock could more than double by 2021 "with "no changes in the credit rating, capital structure, dividend policy, or clients funds investment strategy." Pershing said ADP's "buy" instead of "build" strategy has led to weak product offerings, most notably in enterprise, and inefficient legacy back-end infrastructure. "ADP's focus on 'hitting the numbers' has led to value-destructive decisions with negative long-term consequences," Pershing wrote in the presentation. Ackman is seeking five board seats and is urging a change of CEO. "ADP is not resting on its laurels. Our board and management team are thoughtfully transforming our organization and culture to compete effectively and drive global growth in the evolving Human Capital Management market," the company said. ADP shares fell 5%, but are up just 3.6% in 2017, while the S&P 500 has gained 9%.

ADP stock down 5%

ADP stock down 5%

ADP says management 'thoughtfully' transforming company and culture

ADP says management 'thoughtfully' transforming company and culture

ADP says 'strongly disagrees' with Bill Ackman's presentation

ADP says 'strongly disagrees' with Bill Ackman's presentation

ADP's stock could more than double in less than 4 years, Ackman's Pershing Square says

Shares of Automatic Data Processing Inc. could more than double in less than four years, if the payroll services company fulfill's its potential, according to hedge fund Pershing Square Capital Management, which is run by billionaire activist investor Bill Ackman. In a presentation to investors, Pershing said the value of ADP's stock, which was down 1.4% at $109.54 in morning trade, can rise to $221 to $255 a share by June 2021, with "no changes in the credit rating, capital structure, dividend policy, or clients funds investment strategy." Pershing said ADP's "buy" instead of "build" strategy has led to weak product offerings, most notably in enterprise, and inefficient legacy back-end infrastructure. "ADP's focus on 'hitting the numbers' has led to value-destructive decisions with negative long-term consequences," Pershing wrote in the presentation. ADP diclosed earlier this month that Pershing, which owns 36.8 million ADP shares, or an 8.3% stake, was seeking to take five board seats and change the CEO. In an interview on CNBC last week, ADP CEO Carlos Rodriguez called Ackman "a spoiled brat." stock has gained 22% over the past 12 months, while the S&P 500 has rallied 13%.

ADP's stock could more than double to $221-$255 by June 2021--Ackman's Pershing Square

ADP's stock could more than double to $221-$255 by June 2021--Ackman's Pershing Square

ADP CEO calls billionaire hedge fund manager Bill Ackman ‘a spoiled brat’

ADP CEO calls billionaire hedge fund manager Bill Ackman ‘a spoiled brat’

S&P 500 sells off to the 2,450 breakout point, Nasdaq ventures under 50-day average

U.S. stocks are firmly lower early Thursday, pressured amid still rising geopolitical tensions. In the process, the S&P 500 has reached its first notable support — the 2,453 breakout point — while the Nasdaq Composite has ventured under the 50-day moving average, currently 6,272. Headline technical tests remain underway, and Thursday’s close should add color.

Why the beat-up dollar is poised for a ‘rip-your-face-off rally’

Why the beat-up dollar is poised for a ‘rip-your-face-off rally’

ADP's stock surges after activist Bill Ackman seeks to take control

Shares of Automatic Data Processing Inc. rose 2.9% in premarket trade Friday, after the business consulting company disclosed that activist investor William Ackman's Pershing Square Capital Management is seeking to take control. ADP said Pershing, which owns 8% of the company's shares outstanding, is seeking to extend the deadline for nomination directors by up to 45 days, as Ackman would like to take five board seats. Ackman is also seeking a change of the chief executive officer. "The Board has unanimously determined that it is not in the best interests of ADP or its other shareholders to accede to Pershing Square's last-minute request for an extension," the company said in a statement. ADP said in the six years that Carlos Rodriquez has been CEO, ADP's total shareholder return (TSR) has been 202%, while the S&P 500's TSR has been 128% and Pershing's TSR has been 29%. Over the past year, ADP's stock has rallied 26.4% while the S&P 500 has gained 14%.

ADP says it has 'strong and independent board'

ADP says it has 'strong and independent board'

ADP says 'open to constructive input' from shareholders, but Pershing request is not in its interests

ADP says 'open to constructive input' from shareholders, but Pershing request is not in its interests

ADP says Ackman asked company to extend Aug. 10 deadline for director nominations

ADP says Ackman asked company to extend Aug. 10 deadline for director nominations

ADP says Pershing is seeking five board seats, CEO change at ADP's shareholder meeting

ADP says Pershing is seeking five board seats, CEO change at ADP's shareholder meeting

ADP says Bill Ackman's Pershing Square is seeking control of company

ADP says Bill Ackman's Pershing Square is seeking control of company

Automatic Data Processing downgraded to underweight at Morgan Stanley

Automatic Data Processing downgraded to underweight at Morgan Stanley

These companies spent over $1 billion buying back shares while their CEOs were dumping them

These companies spent over $1 billion buying back shares while their CEOs were dumping them

Breaking

ADP stock jumps 10% in midday trade on reports of Ackman stake

Shares of Automatic Data Processing Inc. jumped more than 10% in Thursday afternoon trade following a Bloomberg News report that Bill Ackman's Pershing Square Capital Management had taken a stake in payroll company ADP . Bloomberg cited people familiar with the matter, indicating that Ackman had recently bought shares in ADP and that he may increase his position. The report didn't specify the size of the activist investor's position. ADP's shares have climbed 13.1% so far this year, compared with a 10.1% year-to-date return for the Dow Jones Industrial Average, a 10.6% rise for the S&P 500 index thus far in 2017, and a 20% surge for the Nasdaq Composite Index over the same period. Ackman has been notably linked to recent bullish bets on Valeant Pharmaceuticals International Inc. , which he exited in March after racking up a $4 billion loss on his investment. He is also notoriously wagering that nutritional-supplement company Herbalife Ltd.'s shares will fall to zero. However, that company's stock is up 40% so far this year.

Shares of Automatic Data Processing Inc. jump 10% in afternoon trade

Shares of Automatic Data Processing Inc. jump 10% in afternoon trade

Ackman Disputes ADP’s Narrative

William Ackman tried to change the narrative around his $4 billion bet on Automatic Data Processing, questioning whether its chief executive accurately portrayed conversations with the activist investor to the company’s board and shareholders.

  • on The Wall Street Journal

The Payoff in ADP

Pershing Square thinks it has lots of unrealized potential.

  • on Barron's Online

Ackman’s Pershing Square Nominates Three to ADP’s Board

Pershing Square said it is nominating its founder William Ackman and two others to the board of Automatic Data Processing, backing off previous discussions ADP said were for half the board.

  • on The Wall Street Journal

ADP Takes Swipe at Ackman, Setting Stage for a Fight

ADP launched a broadside against William Ackman in what is shaping up to be a nasty fight over the human-resource software giant’s leadership.

  • on The Wall Street Journal

Stocks to Watch: Yelp, ADP, Viacom, GoPro, Weight Watchers, Arista Networks

Among the companies with shares expected to trade actively in Friday's session are Yelp Inc., Viacom Inc., GoPro Inc., Weight Watchers International Inc. and Arista Networks Inc..

  • on The Wall Street Journal

ADP Reports 178,000 Rise in July Private Payrolls

Hiring at private U.S. employers slowed more than expected for the second consecutive month, potentially raising concerns about a weakening economy. Firms added 178,000 workers to their ranks in July.

  • on The Wall Street Journal

A Week’s Worth of Stock Performance—Illustrated

Quick takes on Boeing, Altria, Facebook, and Amazon.com, plus eight others

  • on Barron's Online

Consumer Confidence Seen to Be Waning

A new indicator is forecasting a decline for July, ahead of the Conference Board report.

  • on Barron's Online

Sandler O’Neill Sees Lots to Like in Bank of America

Second-quarter revenues and profit margins push up EPS estimate for year.

  • on Barron's Online

IBM’s Latest Line of Mainframe Computers Focuses on Encryption

International Business Machines is unveiling its next generation of mainframes, the industrial-strength computers that underpin industries like banking and insurance, highlighting an old product category that still drives much of its profit.

  • on The Wall Street Journal

Today’s Top Supply Chain and Logistics News From WSJ

Delivering up-to-the minute news, analysis, interviews and explanatory journalism on logistics, supply-chain management, e-commerce and more

  • on The Wall Street Journal

Dollar Slips Ahead of Jobs Report

The dollar weakened Thursday as investors watched U.S. employment data and continued to assess the outlook for tighter monetary policy in the U.S. and Europe.

  • on The Wall Street Journal

ADP Report Shows Job Gains Slowed in June

Hiring at private U.S. employers slowed more than expected in June, according to a recent report, potentially raising concerns about a weakening economy.

  • on The Wall Street Journal

5 Tech Stocks for the Long Run

Why the top-performing T. Rowe Price Global Technology fund prefers under-the-radar stocks like Guidewire.

  • on Barron's Online

Metals: Gold Pulls Back as Dollar Strengthens

Gold prices pulled back, hurt by a stronger U.S. dollar and better-than-expected jobs data.

  • on The Wall Street Journal

U.S. Government Bonds Soften

The U.S. government bond market started June’s trading on a down note as a report showed U.S. private-sector jobs growth accelerated last month, sapping demand for haven assets.

  • on The Wall Street Journal

Dollar Rallies on Strong Data

The U.S. dollar rallied after a better-than-expected monthly employment report boosted confidence in the U.S. labor market.

  • on The Wall Street Journal

ADP Reports 253,000 Rise in Private Payrolls in May

Hiring at private U.S. employers increased last month at the fastest pace since 2014, another sign the nation’s labor market remains strong.

  • on The Wall Street Journal

Banks, Restaurants, MLPs Could Win Under Tax Plan

  • on Barron's
Good Omens for the April Jobs Report

Good Omens for the April Jobs Report

  • on The Wall Street Journal

Recent News

  • Other News
  • Press Releases

Bill Ackman's 2nd Quarter Letter to Shareholders From Pershing Square

Bill Ackman's 2nd Quarter Letter to Shareholders From Pershing Square

  • on GuruFocus.com

Investor Chapman lines up against Ackman again, with ADP short

Investor Chapman lines up against Ackman again, with ADP short

  • on Seeking Alpha

ADP -2.9% as Ackman lays out investment case in webcast

ADP -2.9% as Ackman lays out investment case in webcast

  • on Seeking Alpha

5 Biggest Price Target Changes For Thursday

5 Biggest Price Target Changes For Thursday

  • on benzinga.com

A Brief Look at Dividend Aristocrats

The S&P 500 Dividend Aristocrat Index is made up of 51 S&P 500 (SPY) (SPX-INDEX) companies that have increased their dividends for 25 successive years.

  • on MarketRealist.com

Equifax (EFX) Completes ID Watchdog Acquisition for $63M

Equifax's (EFX) ID Watchdog buyout is aimed to provide a boost to Equifax's capabilities to serve customers better.

  • on Zacks.com

Vanguard Brings You Tech

Vanguard Brings You Tech

  • on Seeking Alpha

Tracking Bill Ackman's Pershing Square Portfolio - Q2 2017 Update

Tracking Bill Ackman's Pershing Square Portfolio - Q2 2017 Update

  • on Seeking Alpha

Ackman filing works to defuse tension with ADP, question CEO's take

Ackman filing works to defuse tension with ADP, question CEO's take

  • on Seeking Alpha

Valuation Dashboard: Technology And Telecom - Update

Valuation Dashboard: Technology And Telecom - Update

  • on Seeking Alpha

Ackman filing works to defuse tension with ADP

Ackman filing works to defuse tension with ADP

  • on Seeking Alpha

Ackman Disputes ADP’s Narrative

William Ackman tried to change the narrative around his $4 billion bet on Automatic Data Processing, questioning whether its chief executive accurately portrayed conversations with the activist investor to the company’s board and shareholders.

  • on The Wall Street Journal

Why Automatic Data Processing, Inc. Stock Jumped 16.1% in July

  • on Motley Fool

How The ADP Report Differs From The NFP report

How The ADP Report Differs From The NFP report

  • on benzinga.com

Paylocity (PCTY) Q2 Loss Narrower than Expected, Revenues Top

Paylocity's (PCTY) Q2 results benefitted from new client addition, existing client growth and additions to HCM product suite.

  • on Zacks.com

ADP - Pershing Square's Interference Is Not Warranted

ADP - Pershing Square's Interference Is Not Warranted

  • on Seeking Alpha

Automatic Data Processng Earns Relative Strength Rating Upgrade; Hits Key Threshold

Automatic Data Processng (ADP) had its Relative Strength (RS) Rating upgraded from 78 to 83 Thursday. [ibd-display-video id=449433 width=50 float=left autostart=true] IBD's unique RS Rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against the rest of the market. Decades of market research reveals that the market's biggest winners

  • on Investors Business Daily

ADP CEO Rodriguez: Ackman reminds of 'spoiled brat'

ADP CEO Rodriguez: Ackman reminds of 'spoiled brat'

  • on Seeking Alpha

Trustco Bank Corp N Y Buys Medtronic PLC, Bristol-Myers Squibb Company, Automatic Data ...

Trustco Bank Corp N Y Buys Medtronic PLC, Bristol-Myers Squibb Company, Automatic Data Processing Inc, Sells Johnson Controls International PLC

  • on GuruFocus.com

Is Ultimate Software Still A Short?

Is Ultimate Software Still A Short?

  • on Seeking Alpha

ADP Comments on Pershing Square Investor Presentation

ADP Comments on Pershing Square Investor Presentation

  • on Marketwired

Pershing Square Announces Details for Webcast

Pershing Square Announces Details for Webcast

  • on BusinessWire - BZX

ADP Nederland Werkgelegenheidsrapport: Werkgelegenheid in Nederland groeit in juli 2017 met 10.400 banen

ADP Nederland Werkgelegenheidsrapport: Werkgelegenheid in Nederland groeit in juli 2017 met 10.400 banen

  • on Globe Newswire

Texas Added 22,200 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

Texas Added 22,200 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

  • on Marketwired

New York Added 6,000 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

New York Added 6,000 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

  • on Marketwired

New Jersey Added 4,200 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

New Jersey Added 4,200 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

  • on Marketwired

Illinois Added 6,800 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

Illinois Added 6,800 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

  • on Marketwired

Florida Added 18,100 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

Florida Added 18,100 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

  • on Marketwired

California Added 14,700 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

California Added 14,700 Private Sector Jobs in July, According to ADP Regional Employment Report(R)

  • on Marketwired

Earnings Review and Free Research Report: Automatic Data Processing's Quarterly Revenue Grew 6%; Beat Expectations

Earnings Review and Free Research Report: Automatic Data Processing's Quarterly Revenue Grew 6%; Beat Expectations

  • on ACCESSWIRE

ADP Comments on Pershing Square Capital Management's Nomination of Directors

ADP Comments on Pershing Square Capital Management's Nomination of Directors

  • on Marketwired

Pershing Square Announces Nominees for Election to the Board of Directors of ADP

Pershing Square Announces Nominees for Election to the Board of Directors of ADP

  • on BusinessWire - BZX

Pershing Square Announces Investment in ADP

Pershing Square Announces Investment in ADP

  • on BusinessWire - BZX

ADP Says Pershing Square Capital Management Seeking Control of ADP

ADP Says Pershing Square Capital Management Seeking Control of ADP

  • on Marketwired

ADP National Employment Report: Private Sector Employment Increased by 178,000 Jobs in July

ADP National Employment Report: Private Sector Employment Increased by 178,000 Jobs in July

  • on Marketwired

ADP Declares Regular Quarterly Dividend

ADP Declares Regular Quarterly Dividend

  • on GlobeNewswire

Gladstone Commercial Corporation Announces $51.4 Million Office Portfolio Acquisition in Orlando, FL

Gladstone Commercial Corporation Announces $51.4 Million Office Portfolio Acquisition in Orlando, FL

  • on GlobeNewswire

Featured Company News - Iron Mountain to Acquire Denver Data Center Business

Featured Company News - Iron Mountain to Acquire Denver Data Center Business

  • on ACCESSWIRE

Which Hat is it Today? ADP Study Finds 1.5 Million U.S. Small Businesses Spend Billions to Manage HR as an 'Ad-Hoc' Function, Increasing Business Risk

Which Hat is it Today? ADP Study Finds 1.5 Million U.S. Small Businesses Spend Billions to Manage HR as an 'Ad-Hoc' Function, Increasing Business Risk

  • on Marketwired

MEDIA ALERT: July 2017 ADP National Employment Report(R), ADP Small Business Report(R) and ADP National Franchise Report(R) to be Released on WEDNESDAY, August 2, 2017

MEDIA ALERT: July 2017 ADP National Employment Report(R), ADP Small Business Report(R) and ADP National Franchise Report(R) to be Released on WEDNESDAY, August 2, 2017

  • on Marketwired

Automatic Data Processing Inc.

Automatic Data Processing, Inc. provides business outsourcing solutions. It operates through the following segments: Employer Services and Professional Employer Organization Services. The Employer Services segment offers business outsourcing and human capital management solutions, including payroll, benefits administration, talent management, human resources management, time and attendance management, insurance, retirement and compliance & payment. The Professional Employer Organization Services segment provides employment administration outsourcing solutions through a co-employment relationship, including payroll, payroll tax filing, HR guidance, 401(k) plan administration, benefits administration, compliance services, health and worker's compensation coverage and other supplemental benefits for employees. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ. (See Full Profile)

Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 20 Full Ratings

5 Biggest Price Target Changes For Thursday

  • on Benzinga.com

Here's What Likely Drew Bill Ackman To Invest In ADP

  • on Benzinga.com

Benzinga's Top Upgrades, Downgrades For August 3, 2017

  • on Benzinga.com

Competitors

Name Chg % Market Cap
Intuit Inc. -2.51% $35.34B
Barrett Business Services Inc. 0.27% $384.59M
Paychex Inc. -2.24% $20.21B
Equifax Inc. -1.66% $17.21B
Alliance Data Systems Corp. -2.45% $12.68B
Competitor Data Provided By

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