AUTOMATIC DATA PROCESSING IN

Ticker: ADP CUSIP: 053015103 Class: COM

Goelzer Investment Management, Inc.'s Holding History (CIK: 0001550057)

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

Q4 2025

Shares 4,099 Value ($000) $1,054 Avg Close $264.83 Range $245.59 - $291.75

Q3 2025

Shares 4,362 Value ($000) $1,280 Avg Close $297.80 Range $280.46 - $312.33

Q2 2025

Shares 4,332 Value ($000) $1,336 Avg Close $302.36 Range $268.13 - $324.50

Q1 2025

Shares 4,332 Value ($000) $1,323 Avg Close $295.41 Range $279.29 - $315.84

Q4 2024

Shares 4,061 Value ($000) $1,189 Avg Close $287.90 Range $266.14 - $301.35

Q3 2024

Shares 4,186 Value ($000) $1,158 Avg Close $253.49 Range $223.96 - $274.02

Q2 2024

Shares 4,211 Value ($000) $1,005 Avg Close $236.61 Range $228.77 - $245.17

Q1 2024

Shares 4,962 Value ($000) $1,239 Avg Close $234.26 Range $221.78 - $245.61

Q4 2023

Shares 3,757 Value ($000) $875 Avg Close $222.04 Range $195.57 - $239.12

Q3 2023

Shares 2,821 Value ($000) $679 Avg Close $231.16 Range $204.74 - $243.17

Q2 2023

Shares 2,836 Value ($000) $623 Avg Close $203.27 Range $189.64 - $210.89

Q1 2023

Shares 2,877 Value ($000) $640 Avg Close $211.47 Range $197.72 - $230.89

Q4 2022

Shares 2,877 Value ($000) $687 Avg Close $228.99 Range $203.81 - $257.33

Q3 2022

Shares 2,897 Value ($000) $655 Avg Close $219.07 Range $190.70 - $242.63

Q2 2022

Shares 2,909 Value ($000) $611 Avg Close $202.51 Range $182.36 - $222.13

Q1 2022

Shares 2,209 Value ($000) $503 Avg Close $196.92 Range $176.60 - $227.31

Q4 2021

Shares 2,209 Value ($000) $545 Avg Close $207.28 Range $180.16 - $228.68

Q3 2021

Shares 2,257 Value ($000) $451 Avg Close $187.71 Range $179.33 - $197.68

Q2 2021

Shares 2,567 Value ($000) $510 Avg Close $176.27 Range $167.48 - $182.39

Q1 2021

Shares 2,567 Value ($000) $484 Avg Close $156.66 Range $143.60 - $175.27

Q4 2020

Shares 2,592 Value ($000) $457 Avg Close $147.45 Range $121.14 - $161.77

Q3 2020

Shares 12,399 Value ($000) $1,730 Avg Close $125.00 Range $114.15 - $135.97

Q2 2020

Shares 12,399 Value ($000) $1,846 Avg Close $126.99 Range $112.18 - $142.82

Q1 2020

Shares 12,553 Value ($000) $1,716 Avg Close $141.95 Range $91.30 - $160.44

Q4 2019

Shares 12,853 Value ($000) $2,191 Avg Close $145.09 Range $134.54 - $151.18

Q3 2019

Shares 13,205 Value ($000) $2,132 Avg Close $143.97 Range $136.57 - $151.98

Q2 2019

Shares 13,845 Value ($000) $2,289 Avg Close $140.97 Range $134.10 - $148.45

Q1 2019

Shares 14,355 Value ($000) $2,293 Avg Close $125.45 Range $108.70 - $138.61

Q4 2018

Shares 2,825 Value ($000) $370 Avg Close $121.16 Range $104.68 - $131.62

Q3 2018

Shares 2,825 Value ($000) $426 Avg Close $120.81 Range $110.27 - $129.74

Q2 2018

Shares 2,825 Value ($000) $379 Avg Close $107.77 Range $94.91 - $120.77

Q1 2018

Shares 2,935 Value ($000) $333 Avg Close $98.61 Range $90.87 - $105.75

Q4 2017

Shares 2,935 Value ($000) $344 Avg Close $96.16 Range $91.15 - $100.81

Q3 2017

Shares 2,625 Value ($000) $287 Avg Close $89.59 Range $83.96 - $101.73

Q2 2017

Shares 2,730 Value ($000) $280 Avg Close $84.22 Range $79.33 - $87.79

Q1 2017

Shares 4,239 Value ($000) $434 Avg Close $84.40 Range $77.75 - $87.39

Q4 2016

Shares 4,227 Value ($000) $434 Avg Close $76.76 Range $70.20 - $85.82

Q3 2016

Shares 3,842 Value ($000) $339 Avg Close $74.09 Range $70.80 - $78.37

Q2 2016

Shares 4,142 Value ($000) $381 Avg Close $71.77 Range $68.45 - $75.00

Q1 2016

Shares 4,272 Value ($000) $383 Avg Close $67.69 Range $61.81 - $73.03

Q4 2015

Shares 4,473 Value ($000) $379 Avg Close $69.13 Range $63.10 - $72.67

Q3 2015

Shares 4,473 Value ($000) $359 Avg Close $63.87 Range $51.20 - $67.86

Q2 2015

Shares 3,529 Value ($000) $283 Avg Close $67.60 Range $63.55 - $69.99

Q1 2015

Shares 3,120 Value ($000) $267 Avg Close $67.89 Range $64.32 - $71.03

Q4 2014

Shares 4,480 Value ($000) $373 Avg Close $63.52 Range $55.18 - $68.07

Q3 2014

Shares 4,375 Value ($000) $363 Avg Close $56.27 Range $54.11 - $58.19

Q2 2014

Shares 45,695 Value ($000) $3,623 Avg Close $52.86 Range $49.83 - $54.58

Q1 2014

Shares 45,252 Value ($000) $3,496 Avg Close $52.44 Range $48.53 - $56.01

Q4 2013

Shares 42,964 Value ($000) $3,471 Avg Close $51.46 Range $46.89 - $56.22

Q3 2013

Shares 43,199 Value ($000) $3,127 Avg Close $48.32 Range $45.84 - $50.27

Q2 2013

Shares 89,144 Value ($000) $6,138 Avg Close $45.09 Range $41.94 - $47.70

Q1 2013

Shares 43,832 Value ($000) $2,850 Avg Close $40.41 Range $38.00 - $43.14

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	4,099	$1,054	$264.83	$245.59 - $291.75
Q3 2025	4,362	$1,280	$297.80	$280.46 - $312.33
Q2 2025	4,332	$1,336	$302.36	$268.13 - $324.50
Q1 2025	4,332	$1,323	$295.41	$279.29 - $315.84
Q4 2024	4,061	$1,189	$287.90	$266.14 - $301.35
Q3 2024	4,186	$1,158	$253.49	$223.96 - $274.02
Q2 2024	4,211	$1,005	$236.61	$228.77 - $245.17
Q1 2024	4,962	$1,239	$234.26	$221.78 - $245.61
Q4 2023	3,757	$875	$222.04	$195.57 - $239.12
Q3 2023	2,821	$679	$231.16	$204.74 - $243.17
Q2 2023	2,836	$623	$203.27	$189.64 - $210.89
Q1 2023	2,877	$640	$211.47	$197.72 - $230.89
Q4 2022	2,877	$687	$228.99	$203.81 - $257.33
Q3 2022	2,897	$655	$219.07	$190.70 - $242.63
Q2 2022	2,909	$611	$202.51	$182.36 - $222.13
Q1 2022	2,209	$503	$196.92	$176.60 - $227.31
Q4 2021	2,209	$545	$207.28	$180.16 - $228.68
Q3 2021	2,257	$451	$187.71	$179.33 - $197.68
Q2 2021	2,567	$510	$176.27	$167.48 - $182.39
Q1 2021	2,567	$484	$156.66	$143.60 - $175.27
Q4 2020	2,592	$457	$147.45	$121.14 - $161.77
Q3 2020	12,399	$1,730	$125.00	$114.15 - $135.97
Q2 2020	12,399	$1,846	$126.99	$112.18 - $142.82
Q1 2020	12,553	$1,716	$141.95	$91.30 - $160.44
Q4 2019	12,853	$2,191	$145.09	$134.54 - $151.18
Q3 2019	13,205	$2,132	$143.97	$136.57 - $151.98
Q2 2019	13,845	$2,289	$140.97	$134.10 - $148.45
Q1 2019	14,355	$2,293	$125.45	$108.70 - $138.61
Q4 2018	2,825	$370	$121.16	$104.68 - $131.62
Q3 2018	2,825	$426	$120.81	$110.27 - $129.74
Q2 2018	2,825	$379	$107.77	$94.91 - $120.77
Q1 2018	2,935	$333	$98.61	$90.87 - $105.75
Q4 2017	2,935	$344	$96.16	$91.15 - $100.81
Q3 2017	2,625	$287	$89.59	$83.96 - $101.73
Q2 2017	2,730	$280	$84.22	$79.33 - $87.79
Q1 2017	4,239	$434	$84.40	$77.75 - $87.39
Q4 2016	4,227	$434	$76.76	$70.20 - $85.82
Q3 2016	3,842	$339	$74.09	$70.80 - $78.37
Q2 2016	4,142	$381	$71.77	$68.45 - $75.00
Q1 2016	4,272	$383	$67.69	$61.81 - $73.03
Q4 2015	4,473	$379	$69.13	$63.10 - $72.67
Q3 2015	4,473	$359	$63.87	$51.20 - $67.86
Q2 2015	3,529	$283	$67.60	$63.55 - $69.99
Q1 2015	3,120	$267	$67.89	$64.32 - $71.03
Q4 2014	4,480	$373	$63.52	$55.18 - $68.07
Q3 2014	4,375	$363	$56.27	$54.11 - $58.19
Q2 2014	45,695	$3,623	$52.86	$49.83 - $54.58
Q1 2014	45,252	$3,496	$52.44	$48.53 - $56.01
Q4 2013	42,964	$3,471	$51.46	$46.89 - $56.22
Q3 2013	43,199	$3,127	$48.32	$45.84 - $50.27
Q2 2013	89,144	$6,138	$45.09	$41.94 - $47.70
Q1 2013	43,832	$2,850	$40.41	$38.00 - $43.14