Vanguard reports 7.51% stake in Automatic Data Processing (NYSE: ADP)
Rhea-AI Filing Summary
Automatic Data Processing Inc Schedule 13G shows Vanguard Capital Management reports beneficial ownership of 30,265,513 shares of Common Stock, equal to 7.51% of the class. The filing states Vanguard has sole dispositive power over 30,265,513 shares and sole voting power over 4,114,815 shares. The filing lists affiliated Vanguard entities and affirms holdings include securities held for funds and managed accounts.
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Insights
Vanguard reports a 7.51% passive stake with dispositive control.
Vanguard Capital Management reports beneficial ownership of 30,265,513 shares (7.51%). The filing identifies sole dispositive power for the same 30,265,513 shares and sole voting power for 4,114,815 shares, and enumerates affiliated investment entities that hold securities.
Ownership is presented as aggregate across funds and managed accounts; the filing describes the composition of reporting units but does not specify trading intent or plans. Subsequent filings could clarify any activity.