Schroder Investment Management Group Trims Stake in Automatic Data Processing

The firm sold 11,761 shares of the business services provider in the third quarter.

Published on Mar. 10, 2026

Schroder Investment Management Group trimmed its holdings in Automatic Data Processing, Inc. (NASDAQ:ADP) by 3.1% in the third quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission. The firm now owns 365,761 shares of the business services provider's stock, valued at approximately $107,351,000.

Why it matters

Automatic Data Processing is a major provider of cloud-based human capital management and payroll solutions, serving employers of all sizes. Changes in institutional ownership of the stock can signal shifts in investor sentiment and expectations for the company's performance.

The details

Schroder Investment Management Group sold 11,761 shares of Automatic Data Processing during the third quarter, reducing its total stake in the company to 365,761 shares. The firm's holdings now represent approximately 0.09% of Automatic Data Processing's outstanding shares.

  • Schroder Investment Management Group filed its Form 13F for the third quarter of 2026.

The players

Schroder Investment Management Group

A global asset management firm that provides investment products and services to institutional and retail clients worldwide.

Automatic Data Processing, Inc.

An American provider of cloud-based human capital management and payroll solutions, serving employers of all sizes.

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The takeaway

This transaction reflects Schroder Investment Management Group's reduced exposure to Automatic Data Processing, potentially signaling a shift in the firm's investment strategy or outlook on the business services provider's prospects. However, the overall institutional ownership of Automatic Data Processing remains strong, with the company continuing to serve a diverse client base in the human capital management and payroll solutions market.