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Morningstar

Morningstar

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Oct 28, 2026

Automatic Data Processing, Inc.: ADP Earnings: Higher Float Income Supports Guidance Increase; We Maintain FVE at $263

Symbols

ADP

Sector(s)

Technology

Rating

Current Price

299.88

Fair Value

Economic Moat

Stewardship

Summary

ADP is a global, cloud-based human capital management provider offering payroll, compliance, talent management, benefits administration, and retirement services. The firm also provides human resources outsourcing services, including PEO offerings, enabling clients to reduce HR

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