AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Baldwin Investment Management, LLC's Holding History (CIK: 0001346378)

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

Q4 2025
Shares 3,104 Value ($000) $798 Avg Close $264.83 Range $245.59 - $291.75
Q3 2025
Shares 2,959 Value ($000) $868 Avg Close $297.80 Range $280.46 - $312.33
Q2 2025
Shares 2,959 Value ($000) $913 Avg Close $302.36 Range $268.13 - $324.50
Q1 2025
Shares 2,959 Value ($000) $904 Avg Close $295.41 Range $279.29 - $315.84
Q4 2024
Shares 2,047 Value ($000) $599 Avg Close $287.90 Range $266.14 - $301.35
Q3 2024
Shares 3,047 Value ($000) $843 Avg Close $253.49 Range $223.96 - $274.02
Q2 2024
Shares 3,047 Value ($000) $727 Avg Close $236.61 Range $228.77 - $245.17
Q1 2024
Shares 3,675 Value ($000) $918 Avg Close $234.26 Range $221.78 - $245.61
Q4 2023
Shares 3,050 Value ($000) $711 Avg Close $222.04 Range $195.57 - $239.12
Q3 2023
Shares 3,050 Value ($000) $734 Avg Close $231.16 Range $204.74 - $243.17
Q2 2023
Shares 3,125 Value ($000) $687 Avg Close $203.27 Range $189.64 - $210.89
Q1 2023
Shares 3,125 Value ($000) $696 Avg Close $211.47 Range $197.72 - $230.89
Q4 2022
Shares 3,075 Value ($000) $734 Avg Close $228.99 Range $203.81 - $257.33
Q3 2022
Shares 3,100 Value ($000) $701 Avg Close $219.07 Range $190.70 - $242.63
Q2 2022
Shares 3,108 Value ($000) $653 Avg Close $202.51 Range $182.36 - $222.13
Q1 2022
Shares 3,100 Value ($000) $705 Avg Close $196.92 Range $176.60 - $227.31
Q4 2021
Shares 3,450 Value ($000) $851 Avg Close $207.28 Range $180.16 - $228.68
Q3 2021
Shares 3,650 Value ($000) $730 Avg Close $187.71 Range $179.33 - $197.68
Q2 2021
Shares 3,650 Value ($000) $725 Avg Close $176.27 Range $167.48 - $182.39
Q1 2021
Shares 3,700 Value ($000) $697 Avg Close $156.66 Range $143.60 - $175.27
Q4 2020
Shares 3,900 Value ($000) $687 Avg Close $147.45 Range $121.14 - $161.77
Q3 2020
Shares 3,800 Value ($000) $530 Avg Close $125.00 Range $114.15 - $135.97
Q2 2020
Shares 2,800 Value ($000) $417 Avg Close $126.99 Range $112.18 - $142.82
Q1 2020
Shares 2,800 Value ($000) $383 Avg Close $141.95 Range $91.30 - $160.44
Q4 2019
Shares 2,825 Value ($000) $482 Avg Close $145.09 Range $134.54 - $151.18
Q3 2019
Shares 2,850 Value ($000) $460 Avg Close $143.97 Range $136.57 - $151.98
Q2 2019
Shares 2,850 Value ($000) $471 Avg Close $140.97 Range $134.10 - $148.45
Q1 2019
Shares 2,850 Value ($000) $455 Avg Close $125.45 Range $108.70 - $138.61
Q4 2018
Shares 2,850 Value ($000) $374 Avg Close $121.16 Range $104.68 - $131.62
Q3 2018
Shares 2,850 Value ($000) $429 Avg Close $120.81 Range $110.27 - $129.74
Q2 2018
Shares 3,200 Value ($000) $429 Avg Close $107.77 Range $94.91 - $120.77