AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Tufton Capital Management's Holding History (CIK: 0001055963)

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

Q4 2025

Shares 50,608 Value ($000) $13 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 51,456 Value ($000) $15 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 51,544 Value ($000) $16 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 53,066 Value ($000) $16,213 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 54,769 Value ($000) $16,033 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 55,032 Value ($000) $15,229 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 56,097 Value ($000) $13,390 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 56,308 Value ($000) $14,062 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 56,612 Value ($000) $13,189 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 58,472 Value ($000) $14,067 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 58,808 Value ($000) $12,926 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 60,230 Value ($000) $13,409 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 60,503 Value ($000) $14,452 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 61,447 Value ($000) $13,898 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 77,310 Value ($000) $16,238 Avg Close $202.51 Range $182.36 - $222.13

Q1 2022

Shares 77,490 Value ($000) $17,632 Avg Close $196.92 Range $176.60 - $227.31

Q4 2021

Shares 77,226 Value ($000) $19,042 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 77,491 Value ($000) $15,492 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 78,638 Value ($000) $15,619 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 79,306 Value ($000) $14,946 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 80,812 Value ($000) $14,239 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 80,313 Value ($000) $11,202 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 75,671 Value ($000) $11,266 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 74,623 Value ($000) $10,199 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 74,689 Value ($000) $12,734 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 74,770 Value ($000) $12,069 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 73,299 Value ($000) $12,118 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 73,951 Value ($000) $11,812 Avg Close $125.45 Range $108.70 - $138.61

Q4 2018

Shares 72,656 Value ($000) $9,526 Avg Close $121.16 Range $104.68 - $131.62

Q3 2018

Shares 73,434 Value ($000) $11,063 Avg Close $120.81 Range $110.27 - $129.74

Q2 2018

Shares 78,803 Value ($000) $10,570 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 79,671 Value ($000) $9,041 Avg Close $98.61 Range $90.87 - $105.75

Q4 2017

Shares 79,843 Value ($000) $9,357 Avg Close $96.16 Range $91.15 - $100.81

Q3 2017

Shares 77,525 Value ($000) $8,475 Avg Close $89.59 Range $83.96 - $101.73

Q2 2017

Shares 77,765 Value ($000) $7,968 Avg Close $84.22 Range $79.33 - $87.79

Q1 2017

Shares 78,250 Value ($000) $8,012 Avg Close $84.40 Range $77.75 - $87.39

Q4 2016

Shares 78,630 Value ($000) $8,082 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 79,994 Value ($000) $7,055 Avg Close $74.09 Range $70.80 - $78.37

Q2 2016

Shares 79,534 Value ($000) $7,307 Avg Close $71.77 Range $68.45 - $75.00

Q1 2016

Shares 83,038 Value ($000) $7,449 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 78,571 Value ($000) $6,657 Avg Close $69.13 Range $63.10 - $72.67

Q3 2015

Shares 80,806 Value ($000) $6,494 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 82,238 Value ($000) $6,598 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 84,513 Value ($000) $7,238 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 96,564 Value ($000) $8,051 Avg Close $63.52 Range $55.18 - $68.07

Q3 2014

Shares 95,924 Value ($000) $7,969 Avg Close $56.27 Range $54.11 - $58.19

Q2 2014

Shares 97,079 Value ($000) $7,696 Avg Close $52.86 Range $49.83 - $54.58

Q1 2014

Shares 96,830 Value ($000) $7,481 Avg Close $52.44 Range $48.53 - $56.01

Q4 2013

Shares 93,715 Value ($000) $7,572 Avg Close $51.46 Range $46.89 - $56.22

Q3 2013

Shares 94,719 Value ($000) $6,856 Avg Close $48.32 Range $45.84 - $50.27

Q2 2013

Shares 96,829 Value ($000) $6,668 Avg Close $45.09 Range $41.94 - $47.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	50,608	$13	$264.83	$245.59 - $291.75
Q3 2025	51,456	$15	$297.80	$280.46 - $312.33
Q2 2025	51,544	$16	$302.36	$268.13 - $324.50
Q1 2025	53,066	$16,213	$295.41	$279.29 - $315.84
Q4 2024	54,769	$16,033	$287.90	$266.14 - $301.35
Q3 2024	55,032	$15,229	$253.49	$223.96 - $274.02
Q2 2024	56,097	$13,390	$236.61	$228.77 - $245.17
Q1 2024	56,308	$14,062	$234.26	$221.78 - $245.61
Q4 2023	56,612	$13,189	$222.04	$195.57 - $239.12
Q3 2023	58,472	$14,067	$231.16	$204.74 - $243.17
Q2 2023	58,808	$12,926	$203.27	$189.64 - $210.89
Q1 2023	60,230	$13,409	$211.47	$197.72 - $230.89
Q4 2022	60,503	$14,452	$228.99	$203.81 - $257.33
Q3 2022	61,447	$13,898	$219.07	$190.70 - $242.63
Q2 2022	77,310	$16,238	$202.51	$182.36 - $222.13
Q1 2022	77,490	$17,632	$196.92	$176.60 - $227.31
Q4 2021	77,226	$19,042	$207.28	$180.16 - $228.68
Q3 2021	77,491	$15,492	$187.71	$179.33 - $197.68
Q2 2021	78,638	$15,619	$176.27	$167.48 - $182.39
Q1 2021	79,306	$14,946	$156.66	$143.60 - $175.27
Q4 2020	80,812	$14,239	$147.45	$121.14 - $161.77
Q3 2020	80,313	$11,202	$125.00	$114.15 - $135.97
Q2 2020	75,671	$11,266	$126.99	$112.18 - $142.82
Q1 2020	74,623	$10,199	$141.95	$91.30 - $160.44
Q4 2019	74,689	$12,734	$145.09	$134.54 - $151.18
Q3 2019	74,770	$12,069	$143.97	$136.57 - $151.98
Q2 2019	73,299	$12,118	$140.97	$134.10 - $148.45
Q1 2019	73,951	$11,812	$125.45	$108.70 - $138.61
Q4 2018	72,656	$9,526	$121.16	$104.68 - $131.62
Q3 2018	73,434	$11,063	$120.81	$110.27 - $129.74
Q2 2018	78,803	$10,570	$107.77	$94.91 - $120.77
Q1 2018	79,671	$9,041	$98.61	$90.87 - $105.75
Q4 2017	79,843	$9,357	$96.16	$91.15 - $100.81
Q3 2017	77,525	$8,475	$89.59	$83.96 - $101.73
Q2 2017	77,765	$7,968	$84.22	$79.33 - $87.79
Q1 2017	78,250	$8,012	$84.40	$77.75 - $87.39
Q4 2016	78,630	$8,082	$76.76	$70.20 - $85.82
Q3 2016	79,994	$7,055	$74.09	$70.80 - $78.37
Q2 2016	79,534	$7,307	$71.77	$68.45 - $75.00
Q1 2016	83,038	$7,449	$67.69	$61.81 - $73.03
Q4 2015	78,571	$6,657	$69.13	$63.10 - $72.67
Q3 2015	80,806	$6,494	$63.87	$51.20 - $67.86
Q2 2015	82,238	$6,598	$67.60	$63.55 - $69.99
Q1 2015	84,513	$7,238	$67.89	$64.32 - $71.03
Q4 2014	96,564	$8,051	$63.52	$55.18 - $68.07
Q3 2014	95,924	$7,969	$56.27	$54.11 - $58.19
Q2 2014	97,079	$7,696	$52.86	$49.83 - $54.58
Q1 2014	96,830	$7,481	$52.44	$48.53 - $56.01
Q4 2013	93,715	$7,572	$51.46	$46.89 - $56.22
Q3 2013	94,719	$6,856	$48.32	$45.84 - $50.27
Q2 2013	96,829	$6,668	$45.09	$41.94 - $47.70