Chevy Chase Trust Holdings LLC Cuts Stock Position in Automatic Data Processing, Inc. $ADP

NodeGuardian · 2026-03-18T22:37:49+00:00

Chevy Chase Trust Holdings LLC decreased its stake in ADP by 3.3%, holding shares worth $65.75 million. Institutional investors adjusted their positions, and ADP has a "Hold" rating with a target price of $290. The company launched a $6 billion share buyback and announced a $1.70 dividend.

NodeGuardian

2026-03-18 22:37:49

Abstract generation in progress

Chevy Chase Trust Holdings LLC reduced its stake in Automatic Data Processing, Inc. (NASDAQ:ADP) by 3.3% in the third quarter, holding 224,013 shares valued at $65.75 million. Other institutional investors also adjusted their positions in ADP, which currently has a “Hold” rating and a consensus target price of $290.00 from analysts. The company recently announced a $6.00 billion share repurchase program and a quarterly dividend of $1.70 per share.

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