ADP Automatic Data Processing Inc.
Automatic Data Processing, Inc. engages in the provision of business outsourcing solutions specializes in cloud-based human capital management. It operates through the following business segments: Employer Services; and Professional Employer Organization Services; and Other. The Employer Services segment provides clients ranging from single-employee small businesses to large enterprises with tens of thousands of employees around the world, offering a range of human resources outsourcing and technology-based human capital management solutions, including strategic, cloud-based platforms. The Professional Employer Organization Services segment offers small and mid-sized businesses a human resources outsourcing solution through a co-employment mode. The company was founded by Henry Taub in 1949 and is headquartered in Roseland, NJ.
Company profile
Ticker
ADP
Exchange
Website
CEO
Carlos A. Rodriguez
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
221467904
ADP stock data
()
Calendar
30 Oct 20
3 Dec 20
30 Jun 21
News
Financial summary
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Financial data from company earnings reports.
Recent insider trades
| Date | Owner | Security | Transaction | Code | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|
| 16 Nov 20 | Ayala John | Common Stock | Sell | Dispose S | Yes | 175 | 6,485 | 1.13M | 26,526.849 |
| 16 Nov 20 | Ayala John | Common Stock | Option exercise | Aquire M | Yes | 146.75 | 6,485 | 951.67K | 33,011.849 |
| 16 Nov 20 | Ayala John | Stock Option Common Stock | Option exercise | Dispose M | No | 146.75 | 6,485 | 951.67K | 12,970 |
| 16 Nov 20 | O'Brien Dermot J | Common Stock | Sell | Dispose S | Yes | 175 | 12,406 | 2.17M | 13,546.854 |
| 16 Nov 20 | O'Brien Dermot J | Common Stock | Option exercise | Aquire M | Yes | 146.75 | 12,406 | 1.82M | 25,952.854 |
| 16 Nov 20 | O'Brien Dermot J | Stock Option Common Stock | Option exercise | Dispose M | No | 146.75 | 12,406 | 1.82M | 12,406 |
| 12 Nov 20 | Matthew Levin | Common Stock | Payment of exercise | Dispose F | No | 169.43 | 2,476 | 419.51K | 7,283 |
| 11 Nov 20 | Ready William J | Common Stock | Grant | Aquire A | No | 0 | 1,803 | 0 | 14,196 |
Institutional ownership Q3 2020
77.9% owned by funds/institutions
13F holders |
Current |
|---|---|
| Total holders | 1510 |
| Opened positions | 102 |
| Closed positions | 149 |
| Increased positions | 502 |
| Reduced positions | 616 |
13F shares |
Current |
|---|---|
| Total value | 48.86B |
| Total shares | 334.16M |
| Total puts | 1.41M |
| Total calls | 1.23M |
| Total put/call ratio | 1.1 |
Largest owners |
Shares | Value |
|---|---|---|
| Vanguard | 38.18M | $5.33B |
| BLK Blackrock | 30.95M | $4.32B |
| STT State Street | 18.64M | $2.62B |
| MS Morgan Stanley | 13.55M | $1.89B |
| BK Bank Of New York Mellon | 12.73M | $1.78B |
| Alliancebernstein | 11.12M | $1.55B |
| Wellington Management | 10.86M | $1.51B |
| BAC Bank Of America | 9.52M | $1.33B |
| WFC Wells Fargo & Co. | 9.12M | $1.27B |
| Geode Capital Management | 7.58M | $1.06B |
Financial report summary
?Competition
Oracle Systems • Adam • Barrett Business Services • TriNet • Insperity • The Ultimate Software Group Inc • Gevity HR • Choicepoint • Willis Towers Watson Public Limited • Hewitt AssociatesRisks
- Failure to comply with, or changes in, laws and regulations applicable to our businesses could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences
- Failure to comply with anti-corruption laws and regulations, economic and trade sanctions, anti-money laundering laws and regulations, and similar laws could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences
- Failure to comply with privacy, data protection and cyber security laws and regulations could have a materially adverse effect on our reputation, results of operations or financial condition, or have other adverse consequences
- Our businesses collect, host, store, transfer, process, disclose, use, secure and retain and dispose of personal and business information, and collect, hold and transmit client funds, and a security or privacy breach may damage or disrupt our businesses, result in the disclosure of confidential information, damage our reputation, increase our costs, cause losses and materially adversely affect our results of operations
- Our systems, applications, solutions and services may be subject to disruptions that could have a materially adverse effect on our business and reputation
- A disruption of the data centers or cloud-computing services that we utilize could have a materially adverse effect on our business
- If we fail to protect our intellectual property rights, it could materially adversely affect our business and our brand
- We may be sued by third parties for infringement of their proprietary rights, which could have a materially adverse effect on our business, financial condition or results of operations
- If we fail to upgrade, enhance and expand our technology and services to meet client needs and preferences, the demand for our solutions and services may materially diminish
- We may not realize or sustain the expected benefits from our business transformation initiatives, and these efforts could have a materially adverse effect on our business, operations, financial condition, results of operations and competitive position
- A major natural disaster or catastrophic event could have a materially adverse effect on our business, financial condition and results of operations, or have other adverse consequences
- Political and economic factors may materially adversely affect our business and financial results
- Our business could be negatively impacted as a result of actions by activist stockholders or others
- Change in our credit ratings could adversely impact our operations and lower our profitability
- We may be unable to attract and retain qualified personnel
Content analysis
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H.S. freshman Avg
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New words:
arising, assert, asserting, bearing, began, benchmark, binomial, bringing, capacity, cessation, curve, degree, digital, discharge, District, entertainment, environment, ERISA, fiduciary, flat, forfeiture, grew, headcount, higher, implied, Jersey, judicial, modification, move, output, platform, preliminary, proceeding, procurement, reached, redeemed, regulating, safely, stabilize, staggered, streamline, threshold, translation, unamortized, Workplace
Removed:
acting, administration, aged, assessed, backed, balanced, brand, combine, comparability, Corporation, correct, correction, deliver, delivery, deterioration, enriched, fail, favor, footnote, force, fully, fund, gain, hindsight, historic, historically, identification, initial, initiative, instrument, irrevocable, January, journey, maintenance, mortgage, National, negligent, November, obligor, offered, optional, origination, permitted, practical, previously, prospective, record, reducing, redundant, reflecting, reimburse, revised, revision, secure, simplified, standby, successful, SUI, supranational, termination, transfer, transition, unfavorability, unjustly, VERP, voluntary, workforce, wrote, yielding
Financial reports
10-Q
2021 Q1
Quarterly report
30 Oct 20
10-K
2020 FY
Annual report
5 Aug 20
10-Q
2020 Q3
Quarterly report
1 May 20
10-Q
2020 Q2
Quarterly report
31 Jan 20
10-Q
2020 Q1
Quarterly report
4 Nov 19
10-K
2019 FY
Annual report
9 Aug 19
10-Q
2019 Q3
Quarterly report
3 May 19
10-Q
2019 Q2
Quarterly report
31 Jan 19
10-Q
2019 Q1
Quarterly report
1 Nov 18
10-K
2018 FY
Annual report
3 Aug 18
Current reports
8-K
Submission of Matters to a Vote of Security Holders
17 Nov 20
8-K
ADP Reports First Quarter Fiscal 2021 Results
28 Oct 20
8-K
Entry into a Material Definitive Agreement
13 Aug 20
8-K
Amendments to Articles of Incorporation or Bylaws
5 Aug 20
8-K
ADP Reports Fourth Quarter and Fiscal 2020 Results; Provides Fiscal 2021 Outlook
29 Jul 20
8-K
Entry into a Material Definitive Agreement
11 Jun 20
8-K/A
Departure of Directors or Certain Officers
4 Jun 20
8-K
ADP Reports Third Quarter Fiscal 2020 Results
29 Apr 20
8-K
Departure of Directors or Certain Officers
8 Apr 20
8-K
Regulation FD Disclosure
23 Mar 20
Registration and prospectus
424B2
Prospectus for primary offering
13 Aug 20
FWP
Free writing prospectus
11 Aug 20
424B2
Prospectus for primary offering
11 Aug 20
S-8
Registration of securities for employees
6 Nov 18
S-8 POS
Registration of securities for employees (post-effective amendment)
6 Nov 18
S-3ASR
Automatic shelf registration
8 Aug 18
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Aug 16
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Aug 16
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Aug 16
S-8 POS
Registration of securities for employees (post-effective amendment)
4 Aug 16
Proxies
DEFA14A
Additional proxy soliciting materials
24 Sep 20
DEF 14A
Definitive proxy
24 Sep 20
DEFA14A
Additional proxy soliciting materials
26 Sep 19
DEF 14A
Definitive proxy
26 Sep 19
DEFA14A
Additional proxy soliciting materials
20 Sep 18
DEF 14A
Definitive proxy
20 Sep 18
DFAN14A
Additional proxy materials by non-management
6 Nov 17
DFAN14A
Additional proxy materials by non-management
3 Nov 17
DFAN14A
Additional proxy materials by non-management
3 Nov 17
DFAN14A
Additional proxy materials by non-management
3 Nov 17
Other
UPLOAD
Letter from SEC
25 Mar 20
CORRESP
Correspondence with SEC
19 Mar 20
UPLOAD
Letter from SEC
6 Mar 20
CORRESP
Correspondence with SEC
9 Aug 19
CORRESP
Correspondence with SEC
15 Nov 17
UPLOAD
Letter from SEC
3 Nov 17
CORRESP
Correspondence with SEC
31 Oct 17
UPLOAD
Letter from SEC
23 Oct 17
UPLOAD
Letter from SEC
17 Oct 17
UPLOAD
Letter from SEC
16 Oct 17
Ownership
4
AUTOMATIC DATA PROCESSING / Dermot J O'Brien ownership change
17 Nov 20
4
AUTOMATIC DATA PROCESSING / John Ayala ownership change
17 Nov 20
4
AUTOMATIC DATA PROCESSING / Matthew Levin ownership change
16 Nov 20
4
AUTOMATIC DATA PROCESSING / Deborah L Dyson ownership change
12 Nov 20
4
AUTOMATIC DATA PROCESSING / Carlos A Rodriguez ownership change
12 Nov 20
4
AUTOMATIC DATA PROCESSING / SANDRA S WIJNBERG ownership change
12 Nov 20
4
AUTOMATIC DATA PROCESSING / William J Ready ownership change
12 Nov 20
4
AUTOMATIC DATA PROCESSING / SCOTT F POWERS ownership change
12 Nov 20
4
AUTOMATIC DATA PROCESSING / THOMAS J LYNCH ownership change
12 Nov 20
4
AUTOMATIC DATA PROCESSING / NAZZIC S KEENE ownership change
12 Nov 20
Patents
GRANT
Utility
Methods for enabling a computer to migrate microservices and to perform microservice templating
1 Dec 20
Enabling migration of code in a service oriented architecture executed in a distributed computing environment.
GRANT
Utility
Data normalizing system
1 Dec 20
A method and apparatus for normalizing data.
GRANT
Utility
Double-blind research portal
1 Dec 20
A computer-implemented method, system, and computer program product for research in a double-blind framework, links, by a data processing system, a double-blind framework application to an intra-network database, provides a double-blind framework portal linked to the double-blind framework application, and responsive to a request entered on the double-blind framework portal, provides to a requestor, responses to research surveys directed to an audience selected from the intra-network database based on an intra-change system.
GRANT
Utility
Computing validation and error discovery in computers executing a multi-level tax data validation engine
1 Dec 20
A computer-method for improving operation of a computer by validating incoming data provided to a tax evaluation software program.
APP
Utility
Static Analysis of Code Coverage Metrics Provided by Functional User Interface Tests Using Tests Written In Metadata
26 Nov 20
A computer-implemented method for determining code coverage of an application under test (AUT) from automated tests includes obtaining, from a storage by a number of processors, metadata from the automated tests for the AUT.