The
Automatic Data Processing Inc. (ADP) has been a great point of discussion in different market news and financial reports. The recent analysis of its
short interest came to light alongside a host of other significant updates, from share-holdings to performance insights and earnings.
Wellington Management Group LLP, for instance, sold 40,385 shares, while Royal London Asset Management Ltd held a stake worth $60.82 million.
Sora Investors LLC and
Fmr LLC kept significant stock holdings - $6.58 million and $348.99 million, respectively. Statements from the company showcased a robust position, from a decent growth in private employment sectors over November to an
82% institutional ownership, enticing large investors. Its more recent acquisitions displayed a significant rise in stakes. This includes
Temasek Holdings Pvt Ltd and
Quantinno Capital Management LP among others. The recent
ADP Employment Change of up by 146,000 in November missed expectations despite claims of being undervalued. Its share-holders reaped a 15% CAGR over the last five years. Upcoming earnings expectations, dividend yield, and Q1 2025 revenue and EPS highlight a budding outlook. A host of firms, including the likes of
Ohio University and
Harvest Fund Management Co. Ltd, remain invested while acknowledging the Threat of AI.
Automatic Data Processing ADP News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Sat, 07 Dec 2024 13:48:41 GMT -
Innovation 4
- Rumor -2
