There has been a substantial amount of activity centered on Automatic Data Processing, Inc. recently. Multiple investment advisory firms including TKG Advisors LLC, GLOBALT Investments LLC GA, and Scarborough Advisors LLC, have moved to increase their stakes in the firm. This overall positive sentiment is somewhat tempered by the concern raised about slowing earnings growth potentially being unattractive. The company's dividend position is also under scrutiny with the impending ex-dividend status approaching. The company has consistently topped earnings and revenue estimates, cementing its position in the market. Numerous firms, such as Connectus Wealth LLC, and Comerica Bank, have reduced their holdings in ADP, indicating a potentially varied view on its future growth. The company's stock performance over the past years has been encouraging, and several experts consider this as an appropriate time to invest in, or retain, ADP in your portfolio. Despite this, some financial services, including StockNews.com, have lowered their ratings of Automatic Data Processing's stock.
Automatic Data Processing ADP News Analytics from Mon, 28 Aug 2023 07:00:00 GMT to Sun, 16 Jun 2024 17:51:21 GMT -
