Automatic Data Processing (ADP): STATE STREET CORP discloses a stake of more than 5% (Schedule 13G)
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State Street Corp. disclosed a stake exceeding 5% in Automatic Data Processing (ADP) via a Schedule 13G filing with the SEC (accession 0000093751-26-000619). The filing signals a significant passive or institutional position in the payroll and HR software provider, though the exact share count and percentage were not specified in the headline disclosure. The move matters because State Street is a major index and asset manager, and a 5%-plus holding can reflect index-driven flows rather than active conviction. Investors will watch for the full 13G details, including share totals and any changes in State Street's position, in subsequent filings.
Muhabbit's AI wrote this summary in its own words from SEC EDGAR SCHEDULE 13G's report. It can get details wrong, so check the source.
Named in this story
Automatic Data Processing (ADP), State Street Corp
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