Automatic Data Processing, Inc. (ADP) is a favorite among institutional investors, with an ownership of 82-83%. Major moves include Principal Financial Group Inc. and M&T Bank Corp increasing their holdings, while the Retirement Systems of Alabama and Wellington Management Group LLP sold their shares. Over the last five years, ADP shareholders have earned a 15% CAGR, and analysts suggest that ADP could be a good opportunity for EPS growth. With strong Q1 2025 earnings, ADP beat both revenue and earnings estimates. ADP's dividend has increased compared to last year, currently yielding 2.0%. Ohio University has partnered with ADP to streamline W-2 distribution. However, leadership changes have occurred within the company, such as Maria Black selling shares. AI is deemed a potential threat to the firm's operations. The Short Interest in ADP has risen by 5.4%, suggesting potentially increased market volatility.
Automatic Data Processing ADP News Analytics from Wed, 03 Apr 2024 07:00:00 GMT to Sat, 21 Dec 2024 13:00:31 GMT -
Rating 6
- Innovation 1
- Information 4
- Rumor 2
