AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Ramsay, Stattman, Vela & Price, Inc.'s Holding History (CIK: 0001541399)

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

Q4 2025

Shares 55,144 Value ($000) $14,185 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 55,567 Value ($000) $16,309 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 55,826 Value ($000) $17,217 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 57,487 Value ($000) $17,564 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 57,591 Value ($000) $16,859 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 58,211 Value ($000) $16,109 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 59,948 Value ($000) $14,309 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 60,287 Value ($000) $15,056 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 60,337 Value ($000) $14,057 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 61,322 Value ($000) $14,753 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 62,431 Value ($000) $13,722 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 61,814 Value ($000) $13,762 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 63,029 Value ($000) $15,055 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 62,310 Value ($000) $14,094 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 64,550 Value ($000) $13,558 Avg Close $202.51 Range $182.36 - $222.13

Q1 2022

Shares 64,525 Value ($000) $14,682 Avg Close $196.92 Range $176.60 - $227.31

Q4 2021

Shares 58,942 Value ($000) $14,534 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 59,468 Value ($000) $11,889 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 59,529 Value ($000) $11,824 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 59,164 Value ($000) $11,151 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 58,639 Value ($000) $10,332 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 59,030 Value ($000) $8,234 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 58,140 Value ($000) $8,656 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 58,550 Value ($000) $8,003 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 54,550 Value ($000) $9,301 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 54,740 Value ($000) $8,836 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 53,090 Value ($000) $8,777 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 54,245 Value ($000) $8,665 Avg Close $125.45 Range $108.70 - $138.61

Q4 2018

Shares 54,440 Value ($000) $7,138 Avg Close $121.16 Range $104.68 - $131.62

Q3 2018

Shares 55,325 Value ($000) $8,335 Avg Close $120.81 Range $110.27 - $129.74

Q2 2018

Shares 56,305 Value ($000) $7,553 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 57,468 Value ($000) $6,521 Avg Close $98.61 Range $90.87 - $105.75

Q4 2017

Shares 57,256 Value ($000) $6,710 Avg Close $96.16 Range $91.15 - $100.81

Q3 2017

Shares 58,301 Value ($000) $6,373 Avg Close $89.59 Range $83.96 - $101.73

Q2 2017

Shares 58,012 Value ($000) $5,944 Avg Close $84.22 Range $79.33 - $87.79

Q1 2017

Shares 57,833 Value ($000) $5,922 Avg Close $84.40 Range $77.75 - $87.39

Q4 2016

Shares 59,723 Value ($000) $6,138 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 59,878 Value ($000) $5,281 Avg Close $74.09 Range $70.80 - $78.37

Q2 2016

Shares 57,210 Value ($000) $5,256 Avg Close $71.77 Range $68.45 - $75.00

Q1 2016

Shares 55,110 Value ($000) $4,944 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 55,985 Value ($000) $4,743 Avg Close $69.13 Range $63.10 - $72.67

Q3 2015

Shares 57,050 Value ($000) $4,585 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 57,213 Value ($000) $4,590 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 58,203 Value ($000) $4,985 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 59,513 Value ($000) $4,962 Avg Close $63.52 Range $55.18 - $68.07

Q3 2014

Shares 59,897 Value ($000) $4,976 Avg Close $56.27 Range $54.11 - $58.19

Q2 2014

Shares 59,857 Value ($000) $4,745 Avg Close $52.86 Range $49.83 - $54.58

Q1 2014

Shares 60,137 Value ($000) $4,646 Avg Close $52.44 Range $48.53 - $56.01

Q4 2013

Shares 60,852 Value ($000) $4,917 Avg Close $51.46 Range $46.89 - $56.22

Q3 2013

Shares 64,146 Value ($000) $4,643 Avg Close $48.32 Range $45.84 - $50.27

Q2 2013

Shares 65,621 Value ($000) $4,519 Avg Close $45.09 Range $41.94 - $47.70

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	55,144	$14,185	$264.83	$245.59 - $291.75
Q3 2025	55,567	$16,309	$297.80	$280.46 - $312.33
Q2 2025	55,826	$17,217	$302.36	$268.13 - $324.50
Q1 2025	57,487	$17,564	$295.41	$279.29 - $315.84
Q4 2024	57,591	$16,859	$287.90	$266.14 - $301.35
Q3 2024	58,211	$16,109	$253.49	$223.96 - $274.02
Q2 2024	59,948	$14,309	$236.61	$228.77 - $245.17
Q1 2024	60,287	$15,056	$234.26	$221.78 - $245.61
Q4 2023	60,337	$14,057	$222.04	$195.57 - $239.12
Q3 2023	61,322	$14,753	$231.16	$204.74 - $243.17
Q2 2023	62,431	$13,722	$203.27	$189.64 - $210.89
Q1 2023	61,814	$13,762	$211.47	$197.72 - $230.89
Q4 2022	63,029	$15,055	$228.99	$203.81 - $257.33
Q3 2022	62,310	$14,094	$219.07	$190.70 - $242.63
Q2 2022	64,550	$13,558	$202.51	$182.36 - $222.13
Q1 2022	64,525	$14,682	$196.92	$176.60 - $227.31
Q4 2021	58,942	$14,534	$207.28	$180.16 - $228.68
Q3 2021	59,468	$11,889	$187.71	$179.33 - $197.68
Q2 2021	59,529	$11,824	$176.27	$167.48 - $182.39
Q1 2021	59,164	$11,151	$156.66	$143.60 - $175.27
Q4 2020	58,639	$10,332	$147.45	$121.14 - $161.77
Q3 2020	59,030	$8,234	$125.00	$114.15 - $135.97
Q2 2020	58,140	$8,656	$126.99	$112.18 - $142.82
Q1 2020	58,550	$8,003	$141.95	$91.30 - $160.44
Q4 2019	54,550	$9,301	$145.09	$134.54 - $151.18
Q3 2019	54,740	$8,836	$143.97	$136.57 - $151.98
Q2 2019	53,090	$8,777	$140.97	$134.10 - $148.45
Q1 2019	54,245	$8,665	$125.45	$108.70 - $138.61
Q4 2018	54,440	$7,138	$121.16	$104.68 - $131.62
Q3 2018	55,325	$8,335	$120.81	$110.27 - $129.74
Q2 2018	56,305	$7,553	$107.77	$94.91 - $120.77
Q1 2018	57,468	$6,521	$98.61	$90.87 - $105.75
Q4 2017	57,256	$6,710	$96.16	$91.15 - $100.81
Q3 2017	58,301	$6,373	$89.59	$83.96 - $101.73
Q2 2017	58,012	$5,944	$84.22	$79.33 - $87.79
Q1 2017	57,833	$5,922	$84.40	$77.75 - $87.39
Q4 2016	59,723	$6,138	$76.76	$70.20 - $85.82
Q3 2016	59,878	$5,281	$74.09	$70.80 - $78.37
Q2 2016	57,210	$5,256	$71.77	$68.45 - $75.00
Q1 2016	55,110	$4,944	$67.69	$61.81 - $73.03
Q4 2015	55,985	$4,743	$69.13	$63.10 - $72.67
Q3 2015	57,050	$4,585	$63.87	$51.20 - $67.86
Q2 2015	57,213	$4,590	$67.60	$63.55 - $69.99
Q1 2015	58,203	$4,985	$67.89	$64.32 - $71.03
Q4 2014	59,513	$4,962	$63.52	$55.18 - $68.07
Q3 2014	59,897	$4,976	$56.27	$54.11 - $58.19
Q2 2014	59,857	$4,745	$52.86	$49.83 - $54.58
Q1 2014	60,137	$4,646	$52.44	$48.53 - $56.01
Q4 2013	60,852	$4,917	$51.46	$46.89 - $56.22
Q3 2013	64,146	$4,643	$48.32	$45.84 - $50.27
Q2 2013	65,621	$4,519	$45.09	$41.94 - $47.70