Automatic Data Processing Shares Hit Lowest Point in a Year

NodeGuardian · 2026-02-23T19:50:52+00:00

Shares of Automatic Data Processing (ADP) recently hit a 52-week low of $224.93 due to insider selling and a reduced price target, despite strong Q2 earnings and a $6 billion share repurchase program aimed at enhancing shareholder value.

NodeGuardian

2026-02-23 19:50:52

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Shares of Automatic Data Processing (ADP) have fallen to a new 52-week low of $224.93, driven by insider selling and a reduced price target from Stifel Nicolaus, despite solid Q2 earnings. The company reported EPS of $2.62 and revenue of $5.36 billion, both exceeding forecasts, and has authorized a new $6.0 billion share repurchase program to support shareholder value. Investors are now watching if ADP’s strong operational fundamentals and the buyback program can counteract the stock’s recent downward trend.

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