Cornerstone Wealth boosted its ADP stake amid strong Q2 results and raised 2026 outlook.

Cornerstone Wealth Group increased its ADP stake by 0.9% in Q2, holding 29,947 shares worth $9.24 million. ADP reported strong Q2 earnings of $2.26 EPS and $5.13 billion in revenue, up 6.3% year-over-year, surpassing estimates. The company raised FY2026 earnings guidance to $10.81–$11.01 per share. Stock trades at $284.35 with a market cap of $115.19 billion, a P/E of 28.49, and a 2.2% dividend yield. Analysts have a consensus "Hold" rating with a target of $316.70.