$ADP

Automatic Data Processing reported Q1 Non-GAAP EPS of $2.82, beating estimates by $0.05. Revenue rose 6.2% year-over-year to $5.5B, exceeding expectations by $30M. Adjusted EBIT increased 12% to $1.5B, with a margin expansion of 130 basis points. The company also updated its FY26 outlook.

AUTOMATIC DATA PROCESSING INC (ADP) filed an SEC Form 8-K — Results of Operations and Financial Condition. ADP Reports First Quarter Fiscal 2027 Results • Revenues increased 6% compared to last year's first quarter to $5.5 billion; 6% organic constant currency • Net earnings increased 11% to $1.1 billion, and adjusted net earnings increased 11% to $1.1 billion • Adjusted EBIT increase

ADP reported that U.S. private employers added 16,750 jobs weekly in October 2026, marking a second week of hiring slowdown. The data is preliminary and subject to change. ADP's NER Pulse provides weekly employment estimates based on a four-week moving average, with the next release scheduled for November 10, 2026.

Analysts updated ratings and price targets for various U.S. companies. Notable changes include downgrades for 10x Genomics (TXG) and upgrades for Allegion (ALLE). Price targets were raised for AbbVie (ABBV), Amgen (AMGN), and others, while cuts were seen in sectors like retail and housing. Analysts favored growth and defensive sectors while showing caution toward consumer-sensitive areas.

Guggenheim maintained a Buy rating on Automatic Data Processing (ADP) with a $340 price target, implying a 10.4% upside from the Oct 22 close. The firm cites ADP's new benefits enrollment initiative and strong PEO sector position as drivers for growth.

Groupe ADP selected Carrefour to manage retail operations at Paris airports for eight years. Carrefour will operate nine stores, offering fresh food and third-party brands. Patrizia acquired 24 Lidl stores in Europe, adding 50,000 square meters of retail space. Lidl Switzerland and WWF launched a campaign to promote sustainable eating. ESD Italia extended its alliance through 2030, forecasting 5.0% revenue growth in 2026.

Aéroports de Paris SA reported a 1.4% revenue increase to EUR 5.106 billion for the first nine months of 2026, driven by international activities. Aviation revenue rose 1.6%, Retail and Services increased 0.2%, and International and Airport Developments grew 2.7%. Passenger traffic slightly declined 0.1% to 287.3 million. The company expects Paris passenger traffic to decrease slightly in 2026 and recurring EBITDA at the lower end of its EUR 2.3 billion to EUR 2.35 billion guidance range.

ADP's preliminary estimate shows weekly job gains slowed to an average of 18,500 in the week ending October 3, 2026, down from 26,000 the previous week. The data is seasonally adjusted and based on a four-week moving average, with a two-week lag. ADP, Inc. (NASDAQ: ADP) publishes this data weekly, except during monthly National Employment Report weeks.

Waste Connections (WCN) raised prices 5.6% in Q2, expanding EBITDA margins despite volume decline. Ecolab (ECL) saw 5% organic sales growth, driven by pricing. Grainger (GWW) maintained margins with 4% pricing. ADP (ADP) reported 130 bps revenue growth from pricing. Linde (LIN) increased prices 2%, with record backlog. All maintained dividends through downturns.

Automatic Data Processing Inc. (ADP) shares rose 1.60% to $280.32 on Wednesday, marking eight straight days of gains, despite broader market declines. The S&P 500 and Dow Jones fell 1.11% and 0.09%, respectively.