Additional ADP Shares Acquired In A Retirement Account

  I last reviewed Automatic Data Processing (ADP) in my January 26 post. Based on my analysis, I added a few additional shares at ~$225 in a retirement account where most of my ADP exposure is held; I do not disclose retirement account details. This explains why ADP was my 15th largest holding when I [...]

By |May 30th, 2023|Equity Investing|Comments Off on Additional ADP Shares Acquired In A Retirement Account

ADP Exposure Increased

I last reviewed Automatic Data Processing (ADP) in my October 31, 2022 post at which time Q1 results and the revised FY2023 outlook had just been released. Based on my analysis I deemed ADP to be slightly overvalued. On January 25, ADP released Q2 and YTD2023 results and provided an update to its FY2023 outlook. [...]

By |January 26th, 2023|Equity Investing|Comments Off on ADP Exposure Increased

ADP Is Slightly Overvalued

In my July 29, 2022 Automatic Data Processing (ADP) post, I conclude that a share price pullback to the mid $220 range was not unreasonable once the euphoria waned following the release of ADP's strong FY2022 results and FY2023 outlook. ADP's share price rose after that post. In mid-August, however, the share price commenced a [...]

By |October 31st, 2022|Equity Investing|Comments Off on ADP Is Slightly Overvalued

Wait For ADP’s Valuation to Improve

On July 27, 2022, Automatic Data Processing (ADP) released strong Q4 and FY2022 results and an encouraging FY2023 outlook. Despite an increase in ADP's adjusted diluted EPS guidance relative to FY2022 results, the sudden surge in ADP's share price has led to a slight deterioration in its valuation from the time of my last analysis. [...]

By |July 29th, 2022|Equity Investing|Comments Off on Wait For ADP’s Valuation to Improve

Consider ADP For Its Attractive Long-Term Investment Return Potential

Following a recent return to a reasonable valuation, investors should consider Automatic Data Processing (ADP) for its attractive long-term investment return potential. I have covered ADP in various previous posts which are accessible through the Archives; my last ADP post was on July 29, 2020, at which time I indicated I had added to my [...]

By |January 27th, 2022|Equity Investing|Comments Off on Consider ADP For Its Attractive Long-Term Investment Return Potential

ADP – An Overvalued Dividend Aristocrat

My most recent guest post entitled ADP - An Overvalued Dividend Aristocrat at Dividend Power - The Power of Dividend Growth Investing is based on Q3 2021 and YTD results and guidance. I will now be periodically contributing guest posts for Dividend Power. Previous article contributions are Genuine Parts Company – A Slightly Overvalued Dividend King [...]

By |May 15th, 2021|Dividend Aristocrat, Equity Investing|Comments Off on ADP – An Overvalued Dividend Aristocrat

Automatic Data Processing, Inc. – Added to Position On Weakness

On July 29th, Automatic Data Processing, Inc. (ADP) released Q4 and FY2020 results and FY2021 guidance and the share price dropped ~6.5% from the previous day's close. Although ADP's business is experiencing headwinds attributed to COVID-19 I have a positive long-term outlook on the company. Following the share price pullback I acquired additional shares in [...]

By |July 29th, 2020|Equity Investing|Comments Off on Automatic Data Processing, Inc. – Added to Position On Weakness

Automatic Data Processing, Inc. – Option Update

The Automatic Data Processing, Inc. (ADP) November 2019 $180 covered calls have just expired worthless meaning I retain the underlying shares and 100% of the option premium (net of nominal trading commission) I collected when I wrote the covered calls in August. In this brief article I look at whether I should write new covered [...]

By |November 15th, 2019|Equity Investing|Comments Off on Automatic Data Processing, Inc. – Option Update

Automatic Data Processing, Inc. – Option Update

This brief Automatic Data Processing, Inc. (ADP) article provides an update on the  August 2019 covered call option contracts I wrote in May 2019. In my August 4th Automatic Data Processing, Inc. (ADP) article I mentioned I would provide a brief update on the August 2019 $165 covered call contracts I had sold May 15th [...]

By |August 16th, 2019|Equity Investing|Comments Off on Automatic Data Processing, Inc. – Option Update

Automatic Data Processing, Inc. – Buy On A Pullback

This Automatic Data Processing, Inc. (ADP) article analyses Q4 and FY2019 results, FY2020 guidance, and amended FY2021 targets which were released July 31, 2019. Summary ADP should benefit from the evolving and increasingly complex relationship between businesses and their employees, changes in the US tax code, labor regulation and benefit compliance. Investors with a low [...]

By |August 4th, 2019|Equity Investing|Comments Off on Automatic Data Processing, Inc. – Buy On A Pullback
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