Legacy Wealth cuts ADP stake 61.10 percent as ADP stock costs EUR 241.95

Published on 10/12/2026 at 11:26 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Legacy Wealth sold 4,655 shares after a 61.10 percent position cut on October 10, 2026. ADP stock costs EUR 241.95 on October 12, 2026.

Key points in brief

Legacy Wealth Asset Management cut its ADP position by 61.10 percent, selling 4,655 shares on October 10, 2026.
ADP stock was trading at EUR 241.95 at Lang & Schwarz on October 12, 2026 at 11:21 a.m. CEST.
Fiscal 2026 revenue rose 6.70 percent to USD 21.9 billion, while net earnings increased 8.20 percent to USD 4.4 billion.
ADP is scheduled to report first-quarter fiscal 2027 results before the Nasdaq opens on October 28, 2026.

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ADP stock (ISIN US0530151036) was trading at EUR 241.95 at Lang & Schwarz on October 12, 2026 at 11:21 a.m. CEST. MarketBeat reported on October 10, 2026 that Legacy Wealth Asset Management cut its ADP position by 61.10 percent, selling 4,655 shares and retaining 2,967 shares.

Three dates define the setup

On July 29, 2026, ADP reported fourth-quarter fiscal 2026 revenue of USD 5.47 billion, according to Ticker Scout. On September 28, 2026, ADP scheduled its first-quarter fiscal 2027 results for October 28, 2026, per ADP. The October 10, 2026 filing disclosure is the latest event in this sequence, with the 61.10 percent position reduction as its central figure.

What does the stake cut mean?

The transaction belongs to one investment manager, not to ADP's wider shareholder base. MarketBeat said institutional investors held 80.03 percent of the company and that Legacy Wealth retained 2,967 shares after the sale, so the filing supplies a specific ownership datapoint rather than evidence of a companywide exit.

Revenue growth meets a scheduled test

ADP's fiscal 2026 revenue reached USD 21.95 billion, up 6.70 percent from USD 20.56 billion a year earlier, while net earnings rose 8.20 percent to USD 4.41 billion from USD 4.08 billion, according to Ticker Scout. Diluted earnings per share increased 9.60 percent to USD 10.94 from USD 9.98, giving the October report a clear comparison base.

ADP's own investor notice says the first fiscal quarter ended September 30, 2026, and the results will be released before the Nasdaq opens on October 28, 2026. The company also lists an Insights in Action virtual summit for November 5, 2026 at 11:00 a.m. ET on its official website.

ADP stock stays tied to results

The October 12, 2026 Lang & Schwarz quote puts the stock at EUR 241.95 during the Xetra trading window. The next earnings release is the clearest dated event for assessing whether the fiscal 2026 growth profile is carrying into the new year.

The further course of trading is shown by the continuously updated real-time quote of ADP stock.