Automatic Data Processing (ADP) has depicted a consistent growth pattern for its long-term investors returning 134% and 88% over the past five and ten years, respectively. Besides, a $1000 investment in ADP would have multiplied substantially over time. The company is primarily dominated by institutional owners, with an 82%-83% institutional ownership, and E Fund Management Co. Ltd. has a significant $1.71 million stock position in the company. A notable 77,000 private sector jobs were added by
February 2025, and annual pay rose by 4.7%. These achievements however fell short of Wall Street’s anticipation, making the February private jobs growth the slowest pace since July. The company’s second quarter of 2025 indicated strong revenue growth, with a price target hike from Jefferies owing to strong revenue and demand trends. ADP also moved to streamline W-2 distribution, while successfully acquiring WorkForce Software. The company has also been building strong relationships with institutions, illustrated by a partnership formed with Ohio University. Concurrently, the company recently named one of
Fortune's Most Admired Companies™ for the 19th consecutive year, signaling a robust reputation in the industry.
Automatic Data Processing ADP News Analytics from Thu, 02 May 2024 07:00:00 GMT to Sat, 08 Mar 2025 13:00:21 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -6
