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Joseph DeSilva, Executive Vice President at Automatic Data Processing Inc (NASDAQ:ADP), sold 4,614 shares of common stock on September 3, 2025, at a price of $296.57, totaling approximately $1.3 million. The transaction comes as ADP, currently valued at $119.8 billion, trades near its Fair Value according to InvestingPro analysis. The company maintains strong financial health with an overall score of "GOOD" and has demonstrated impressive dividend consistency, having maintained payments for 52 consecutive years.
Following the transaction, DeSilva directly owns 17,535.6140 shares of Automatic Data Processing Inc.
The sale was executed under a Rule 10b5-1 trading plan adopted in September 2024.
In other recent news, Automatic Data Processing Inc. (ADP) reported its fourth-quarter earnings for fiscal year 2025, surpassing analysts’ expectations. The company achieved an earnings per share (EPS) of $2.26, exceeding the forecast of $2.23. Additionally, revenue reached $5.13 billion, outpacing the anticipated $5.04 billion. In another development, Stifel raised its price target for ADP to $318 from $305, citing strong margins and a performance that reached the high end of its annual guidance range. The firm maintained a Hold rating on the company. Furthermore, ADP declared a regular quarterly dividend of $1.54 per share, payable on October 1, 2025. These announcements come amid a broader market context and investor sentiment influenced by macroeconomic factors.
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