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Automatic Data Processing Inc (ADP.OQ)

ADP.OQ on NASDAQ Stock Exchange Global Select Market

167.14USD
22 Jul 2019
Change (% chg)

$0.68 (+0.41%)
Prev Close
$166.46
Open
$166.98
Day's High
$168.36
Day's Low
$166.53
Volume
566,222
Avg. Vol
706,013
52-wk High
$170.45
52-wk Low
$121.40

Latest Key Developments (Source: Significant Developments)

William Ackman Says Chipotle Is In Early Innings Of Transformation
Friday, 17 May 2019 

May 17 (Reuters) - :PERSHING SQUARE'S WILLIAM ACKMAN IN LETTER TO SHAREHOLDERS - "BELIEVE THAT CHIPOTLE IS IN THE EARLY INNINGS OF ITS TRANSFORMATION".PERSHING SQUARE'S ACKMAN IN LETTER TO SHAREHOLDERS - CHIPOTLE MANAGEMENT "SHOULD DRIVE SUPERLATIVE GROWTH IN SALES AND PROFITS FOR YEARS TO COME".PERSHING SQUARE'S ACKMAN IN LETTER TO SHAREHOLDERS - BELIEVE LOWE’S "SHARES HAVE THE POTENTIAL TO APPRECIATE SIGNIFICANTLY".PERSHING SQUARE'S ACKMAN SAYS CONTINUE TO BELIEVE ADP HAS OPPORTUNITY TO ACCELERATE TOP-LINE REVENUE GROWTH, EXPAND MARGINS.PERSHING SQUARE'S ACKMAN SAYS OPPORTUNITY TO ACCELERATE TOP-LINE REVENUE GROWTH, MARGINS, SHOULD ALLOW ADP TO COMPOUND EARNINGS AT MID-TO-HIGH-TEENS GROWTH RATE IN FUTURE.PERSHING SQUARE'S ACKMAN - BELIEVE UTX'S UPCOMING BUSINESS SEPARATION WILL SERVE AS "CATALYST FOR SIGNIFICANT FUTURE SHARE PRICE APPRECIATION".PERSHING SQUARE'S ACKMAN - "CONTINUE TO BELIEVE THAT HHC TRADES AT A LARGE DISCOUNT TO ITS UNDERLYING NAV PER SHARE".PERSHING SQUARE'S ACKMAN SAYS BELIEVES THAT TIM HORTONS’ SAME-STORE SALES GROWTH TO BENEFIT FROM RESTAURANT BRAND’S RECENTLY IMPLEMENTED LOYALTY PROGRAM.PERSHING SQUARE'S ACKMAN - DURING THE FIRST QUARTER, EXITED INVESTMENT IN PLATFORM SPECIALTY PRODUCTS CORPORATION..  Full Article

ADP Sets Regular Quarterly Dividend Of $0.79 Per Share
Wednesday, 3 Apr 2019 

April 3 (Reuters) - Automatic Data Processing Inc ::SETS REGULAR QUARTERLY DIVIDEND OF $0.79PER SHARE.  Full Article

Kathleen Winters To Join ADP As CFO
Thursday, 7 Mar 2019 

March 7 (Reuters) - Automatic Data Processing Inc ::KATHLEEN WINTERS TO JOIN ADP AS CHIEF FINANCIAL OFFICER.AUTOMATIC DATA PROCESSING INC - JAN SIEGMUND WILL STEP DOWN AS CFO..AUTOMATIC DATA PROCESSING INC - WINTERS WILL JOIN ADP ON APRIL 15, 2019, AT WHICH TIME JAN SIEGMUND WILL STEP DOWN AS CFO.AUTOMATIC DATA PROCESSING INC - WINTERS JOINS ADP FROM MSCI INC.  Full Article

Automatic Data Processing Says Expects 2019 Capital Expenditures To Be About $200 Mln
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Automatic Data Processing Inc ::AUTOMATIC DATA PROCESSING INC SAYS CAPITAL EXPENDITURES FOR 2019 EXPECTED TO BE ABOUT $200 MILLION, COMPARED TO $192 MILLION IN 2018 - SEC FILING.  Full Article

Automatic Data Processing Inc Qtrly Adjusted Earnings Per Share $1.34
Wednesday, 30 Jan 2019 

Jan 30 (Reuters) - Automatic Data Processing Inc ::REVENUES INCREASED 8% TO $3.5 BILLION IN THE SECOND QUARTER, 8% ORGANIC CONSTANT CURRENCY.QTRLY EARNINGS PER SHARE $1.27.RAISING FISCAL 2019 DILUTED EPS GROWTH OUTLOOK TO 20% TO 22%.QTRLY ADJUSTED EARNINGS PER SHARE $1.34.RAISING 2019 ADJUSTED DILUTED EPS GROWTH OUTLOOK TO 17% TO 19%.Q2 EARNINGS PER SHARE VIEW $1.18, REVENUE VIEW $3.44 BILLION -- REFINITIV IBES DATA.SEES 2019 REVENUE GROWTH OF 6% TO 7%.FY2019 EARNINGS PER SHARE VIEW $5.27, REVENUE VIEW $14.19 BILLION -- REFINITIV IBES DATA.  Full Article

ADP reports Q1 EPS at $1.15
Wednesday, 31 Oct 2018 

Oct 31 (Reuters) - Automatic Data Processing Inc ::Q1 ADJUSTED EARNINGS PER SHARE $1.20.Q1 EARNINGS PER SHARE $1.15.AUTOMATIC DATA PROCESSING INC - RAISING FISCAL 2019 ADJUSTED DILUTED EPS GROWTH FORECAST TO 15% TO 17%, COMPARED TO PRIOR FORECAST OF 13% TO 15%.Q1 REVENUE ROSE 8 PERCENT TO $3.3 BILLION.SEES FY 2019 REVENUE UP 6 TO 7 PERCENT.AUTOMATIC DATA PROCESSING INC - SEES FY19 ADJUSTED DILUTED EPS UP 15% TO 17% FROM $4.53 IN FISCAL 2018, COMPARED TO PRIOR FORECAST OF UP 13% TO 15%.  Full Article

Automatic Data Processing Files For Potential Debt Shelf Offering
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Automatic Data Processing Inc ::AUTOMATIC DATA PROCESSING INC FILES FOR POTENTIAL DEBT SHELF OFFERING; SIZE NOT DISCLOSED - SEC FILING.  Full Article

ADP Q4 Earnings Per Share $0.25
Wednesday, 1 Aug 2018 

Aug 1 (Reuters) - Automatic Data Processing Inc ::Q4 EARNINGS PER SHARE $0.25.ADP REPORTS FOURTH QUARTER AND FISCAL 2018 RESULTS; PROVIDES FISCAL 2019 OUTLOOK.SEES FY 2019 REVENUE UP 5 TO 7 PERCENT.Q4 ADJUSTED EARNINGS PER SHARE $0.92.ADP - FORECASTING FISCAL 2019 ADJUSTED DILUTED EARNINGS PER SHARE TO INCREASE 13% TO 15%.ADP - COMPARED TO LAST YEAR'S Q4, QTRLY REVENUES GREW 8% TO $3.3 BILLION.Q4 EARNINGS PER SHARE VIEW $0.90, REVENUE VIEW $3.30 BILLION -- THOMSON REUTERS I/B/E/S.ADP - QTRLY EARNINGS HAD IMPACT OF PRE-TAX CHARGES OF $365 MILLION RELATED TO CO'S VOLUNTARY EARLY RETIREMENT PROGRAM AND OTHER TRANSFORMATION INITIATIVES.ADP - FOR FISCAL 2019, EXPECTS FULL-YEAR DILUTED EARNINGS PER SHARE TO BE UP 19% TO 21%.FY EARNINGS PER SHARE VIEW $4.31, REVENUE VIEW $13.30 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Pershing Square Capital Management Reports A 5.6 Pct Stake In Automatic Data Processing As Of June 25
Wednesday, 27 Jun 2018 

June 27 (Reuters) - Automatic Data Processing Inc ::AS OF JUNE 25 - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT LP HAD PREVIOUSLY REPORTED A 7.2 PERCENT STAKE IN AUTOMATIC DATA PROCESSING AS OF MARCH 12.  Full Article

Pershing Square Capital Management Takes Sole Share Stake In United Technologies
Tuesday, 15 May 2018 

May 15 (Reuters) - Pershing Square Capital Management::PERSHING SQUARE CAPITAL MANAGEMENT TAKES SOLE SHARE STAKE OF 1.9 MILLION SHARES IN UNITED TECHNOLOGIES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT CUTS SOLE SHARE STAKE IN AUTOMATIC DATA PROCESSING TO 7.9 MILLION SHARES FROM 8.8 MILLION SHARES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT MORE THAN HALVES SOLE SHARE STAKE IN HOWARD HUGHES TO 2.2 MILLION SHARES - SEC FILING.PERSHING SQUARE CAPITAL MANAGEMENT - CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

US STOCKS-Stocks edge higher as trade enthusiasm wanes

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