AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

HERITAGE INVESTORS MANAGEMENT CORP's Holding History (CIK: 0000937589)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 70,420 Value ($000) $18 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 69,797 Value ($000) $20 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 70,661 Value ($000) $22 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 71,931 Value ($000) $22 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 74,875 Value ($000) $22 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 76,417 Value ($000) $21 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 78,835 Value ($000) $19 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 81,533 Value ($000) $20 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 82,618 Value ($000) $19 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 84,189 Value ($000) $20 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 87,513 Value ($000) $19 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 86,587 Value ($000) $19 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 80,540 Value ($000) $19 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 83,391 Value ($000) $18,862 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 89,438 Value ($000) $18,786 Avg Close $202.51 Range $182.36 - $222.13

Q1 2022

Shares 89,986 Value ($000) $20,475 Avg Close $196.92 Range $176.60 - $227.31

Q4 2021

Shares 84,567 Value ($000) $20,853 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 86,253 Value ($000) $17,244 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 87,086 Value ($000) $17,297 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 89,301 Value ($000) $16,831 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 90,197 Value ($000) $15,893 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 92,428 Value ($000) $12,893 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 92,436 Value ($000) $13,763 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 81,694 Value ($000) $11,166 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 82,356 Value ($000) $14,042 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 81,396 Value ($000) $13,139 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 83,213 Value ($000) $13,758 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 86,957 Value ($000) $13,891 Avg Close $125.45 Range $108.70 - $138.61

Q4 2018

Shares 91,006 Value ($000) $11,933 Avg Close $121.16 Range $104.68 - $131.62

Q3 2018

Shares 91,331 Value ($000) $13,760 Avg Close $120.81 Range $110.27 - $129.74

Q2 2018

Shares 95,999 Value ($000) $12,877 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 103,927 Value ($000) $11,794 Avg Close $98.61 Range $90.87 - $105.75

Q4 2017

Shares 107,892 Value ($000) $12,644 Avg Close $96.16 Range $91.15 - $100.81

Q3 2017

Shares 118,986 Value ($000) $13,008 Avg Close $89.59 Range $83.96 - $101.73

Q2 2017

Shares 123,641 Value ($000) $12,668 Avg Close $84.22 Range $79.33 - $87.79

Q1 2017

Shares 120,846 Value ($000) $12,373 Avg Close $84.40 Range $77.75 - $87.39

Q4 2016

Shares 122,601 Value ($000) $12,601 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 128,026 Value ($000) $11,292 Avg Close $74.09 Range $70.80 - $78.37

Q2 2016

Shares 129,246 Value ($000) $11,874 Avg Close $71.77 Range $68.45 - $75.00

Q1 2016

Shares 134,920 Value ($000) $12,104 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 135,980 Value ($000) $11,520 Avg Close $69.13 Range $63.10 - $72.67

Q3 2015

Shares 139,008 Value ($000) $11,171 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 138,783 Value ($000) $11,135 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 140,273 Value ($000) $12,013 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 143,052 Value ($000) $11,926 Avg Close $63.52 Range $55.18 - $68.07

Q3 2014

Shares 143,794 Value ($000) $11,946 Avg Close $56.27 Range $54.11 - $58.19

Q2 2014

Shares 146,955 Value ($000) $11,651 Avg Close $52.86 Range $49.83 - $54.58

Q1 2014

Shares 140,865 Value ($000) $10,883 Avg Close $52.44 Range $48.53 - $56.01

Q4 2013

Shares 140,632 Value ($000) $11,363 Avg Close $51.46 Range $46.89 - $56.22

Q3 2013

Shares 142,972 Value ($000) $10,348 Avg Close $48.32 Range $45.84 - $50.27

Q2 2013

Shares 148,892 Value ($000) $10,253 Avg Close $45.09 Range $41.94 - $47.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	70,420	$18	$264.83	$245.59 - $291.75
Q3 2025	69,797	$20	$297.80	$280.46 - $312.33
Q2 2025	70,661	$22	$302.36	$268.13 - $324.50
Q1 2025	71,931	$22	$295.41	$279.29 - $315.84
Q4 2024	74,875	$22	$287.90	$266.14 - $301.35
Q3 2024	76,417	$21	$253.49	$223.96 - $274.02
Q2 2024	78,835	$19	$236.61	$228.77 - $245.17
Q1 2024	81,533	$20	$234.26	$221.78 - $245.61
Q4 2023	82,618	$19	$222.04	$195.57 - $239.12
Q3 2023	84,189	$20	$231.16	$204.74 - $243.17
Q2 2023	87,513	$19	$203.27	$189.64 - $210.89
Q1 2023	86,587	$19	$211.47	$197.72 - $230.89
Q4 2022	80,540	$19	$228.99	$203.81 - $257.33
Q3 2022	83,391	$18,862	$219.07	$190.70 - $242.63
Q2 2022	89,438	$18,786	$202.51	$182.36 - $222.13
Q1 2022	89,986	$20,475	$196.92	$176.60 - $227.31
Q4 2021	84,567	$20,853	$207.28	$180.16 - $228.68
Q3 2021	86,253	$17,244	$187.71	$179.33 - $197.68
Q2 2021	87,086	$17,297	$176.27	$167.48 - $182.39
Q1 2021	89,301	$16,831	$156.66	$143.60 - $175.27
Q4 2020	90,197	$15,893	$147.45	$121.14 - $161.77
Q3 2020	92,428	$12,893	$125.00	$114.15 - $135.97
Q2 2020	92,436	$13,763	$126.99	$112.18 - $142.82
Q1 2020	81,694	$11,166	$141.95	$91.30 - $160.44
Q4 2019	82,356	$14,042	$145.09	$134.54 - $151.18
Q3 2019	81,396	$13,139	$143.97	$136.57 - $151.98
Q2 2019	83,213	$13,758	$140.97	$134.10 - $148.45
Q1 2019	86,957	$13,891	$125.45	$108.70 - $138.61
Q4 2018	91,006	$11,933	$121.16	$104.68 - $131.62
Q3 2018	91,331	$13,760	$120.81	$110.27 - $129.74
Q2 2018	95,999	$12,877	$107.77	$94.91 - $120.77
Q1 2018	103,927	$11,794	$98.61	$90.87 - $105.75
Q4 2017	107,892	$12,644	$96.16	$91.15 - $100.81
Q3 2017	118,986	$13,008	$89.59	$83.96 - $101.73
Q2 2017	123,641	$12,668	$84.22	$79.33 - $87.79
Q1 2017	120,846	$12,373	$84.40	$77.75 - $87.39
Q4 2016	122,601	$12,601	$76.76	$70.20 - $85.82
Q3 2016	128,026	$11,292	$74.09	$70.80 - $78.37
Q2 2016	129,246	$11,874	$71.77	$68.45 - $75.00
Q1 2016	134,920	$12,104	$67.69	$61.81 - $73.03
Q4 2015	135,980	$11,520	$69.13	$63.10 - $72.67
Q3 2015	139,008	$11,171	$63.87	$51.20 - $67.86
Q2 2015	138,783	$11,135	$67.60	$63.55 - $69.99
Q1 2015	140,273	$12,013	$67.89	$64.32 - $71.03
Q4 2014	143,052	$11,926	$63.52	$55.18 - $68.07
Q3 2014	143,794	$11,946	$56.27	$54.11 - $58.19
Q2 2014	146,955	$11,651	$52.86	$49.83 - $54.58
Q1 2014	140,865	$10,883	$52.44	$48.53 - $56.01
Q4 2013	140,632	$11,363	$51.46	$46.89 - $56.22
Q3 2013	142,972	$10,348	$48.32	$45.84 - $50.27
Q2 2013	148,892	$10,253	$45.09	$41.94 - $47.70