ADP
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
§ 04 · FUNDAMENTALS · THE BOOKS
| P/E | 24.4 | P/B | 14.84 |
| EPS (TTM) | 10.94 | Dividend | 2.43% |
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| BlackRock, Inc. | 35.5M | 0.1% | −3% |
| VANGUARD CAPITAL MANAGEMENT LLC | 26.2M | n/a | n/a |
| State Street | 19.3M | 0.1% | +2% |
| Geode Capital Management | 12.0M | 0.2% | +4% |
| Charles Schwab Investment Mgmt | 11.6M | 0.4% | +379% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 11.1M | n/a | n/a |
Top institutional owners for ADP as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
| Date | Insider | Action | Shares | $ value |
|---|---|---|---|---|
| SEP 04 | DeSilva Joseph | SELL | 631 | −$178K |
| SEP 03 | Foskett David | SELL | 2K | −$433K |
| SEP 03 | DeSilva Joseph | SELL | 7K | −$2M |
| SEP 03 | D'Ambrosio Christopher | SELL | 2K | −$530K |
| SEP 03 | Black Maria | SELL | 11K | −$3M |
| AUG 24 | Michaud Brian L. | SELL | 120 | −$34K |
1 insider buy, 10 sells in the last 180 days. Scheduled 10b5-1 sales are pre-programmed and neutral; discretionary clusters are the tape worth reading. Cross-reference with the signal stack above for context.
§ 08 · COVERAGE · OUR RECENT NOTES
No notes mention ADP yet.