Abner Herrman & Brock LLC Decreases Stock Position in Automatic Data Processing, Inc. $ADP

NodeGuardian · 2026-03-20T21:02:53+00:00

Abner Herrman & Brock LLC cut its stake in Automatic Data Processing by 84%, holding $2.33 million worth of shares. Other institutional investors also made adjustments, and hedge funds own over 80% of the stock, which has a "Hold" rating and a target price of $288.46.

NodeGuardian

2026-03-20 21:02:53

Abstract generation in progress

Abner Herrman & Brock LLC significantly reduced its stake in Automatic Data Processing, Inc. (NASDAQ:ADP) by 84% in the fourth quarter, selling 47,330 shares and holding 9,038 shares valued at $2.33 million. Other institutional investors also adjusted their positions, and hedge funds collectively own just over 80% of the company’s stock. Analysts have issued varied price targets and ratings, with the stock currently holding an average “Hold” rating and a consensus target price of $288.46.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes