Considerable trading activity has been reported around
Automatic Data Processing (NASDAQ:ADP) shares, with multiple purchases and sales by large players such as Argent Capital Management, Border to Coast Pensions, and Radnor Capital. A
continuous institutional backing is revealed, with around 82-83% of shares reportedly owned by institutional investors. The company declared a
regular quarterly dividend of $1.54, representing
consistent revenue streams to stakeholders.
EBITDA growth and
investment returns have been impressive, with a noted return of 80% over the last five years, making it a
favorite amongst the 'big guns'. Despite some fluctuation in stock price and insider selling, the general market sentiment appears positive towards the company’s future. Furthermore, the recent announcement from
ADP's research suggests less than a quarter of global workers feel confident in their career advancement skills, potentially opportunity for growth in the employee training sector. However, no major innovations, partnerships, or mergers are indicated.
Automatic Data Processing ADP News Analytics from Thu, 18 Apr 2024 07:00:00 GMT to Sat, 18 Jan 2025 15:13:48 GMT -
Rating 5
- Innovation 0
- Information 8
- Rumor -2
