ADP’s $350M Volume (253rd) and Q2 Earnings Beat Fuel Institutional Buy/Sell Splits

On August 25, 2025, Automatic Data Processing (ADP) traded with a volume of $350 million, ranking 253rd in market activity. Institutional investor APG Asset Management reduced its stake by 5.6% in Q1, now holding 0.07% of shares valued at $79.675 million. The company reported Q2 earnings of $2.26 per share, surpassing estimates, with revenue rising 6.3% year-over-year to $5.13 billion. ADP also announced a $1.54 quarterly dividend, yielding 2.0% annually.

Institutional buying activity included AlphaCore Capital LLC acquiring $688,000 in shares and Golden State Wealth Management increasing its position by 29.6%. Conversely, several firms trimmed stakes, including APG and Woodley Farra Manion Portfolio Management. Analysts maintained a "Hold" rating, with a consensus target price of $317, while Mizuho upgraded its price objective to $332. Insider transactions and short interest declines added to market attention.

A backtested strategy involving top 500 high-volume stocks from 2022 yielded a 0.98% average daily return, 31.52% total return over 365 days, and a Sharpe ratio of 0.79. The strategy’s maximum daily gain was 4.95%, and its lowest was -4.47%, reflecting short-term momentum exposure amid market volatility.