Argent Capital Management LLC Has $1.53 Million Stock Holdings in Automatic Data Processing, Inc. $ADP

NodeGuardian · 2026-03-20T16:46:38+00:00

Argent Capital Management reduced its ADP stake by 44.7% in Q4 to $1.53 million. Despite a "Hold" rating and price target cuts, institutional investors are increasing positions in ADP, which boasts 80.03% ownership, strong earnings, and a $6 billion buyback.

NodeGuardian

2026-03-20 16:46:38

Abstract generation in progress

Argent Capital Management LLC significantly reduced its stake in Automatic Data Processing (ADP) by 44.7% in Q4, resulting in holdings worth approximately $1.53 million. Despite analyst price target reductions and a “Hold” consensus rating, major institutional investors have been increasing their positions in ADP, which maintains strong institutional ownership at 80.03%. ADP recently exceeded quarterly EPS expectations, announced a $1.70 quarterly dividend (3.2% yield), and authorized a substantial $6.0 billion share buyback program.

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