Automatic Data Processing (ADP) continues to make significant inroads in the stock market. Due to its consistent upward performance, it has been labeled as a
top dividend growth stock and a favorite among institutional investors, boasting an astounding
82% institutional ownership. Not to mention, its
strong financial health is reflected in its Q2 2025 results, which highlighted
strong revenue growth. Furthermore, ADP's stocks have recently caught the attention of investors due to its attractive
dividend growth rate of over 10% yearly. The company's
aggressive growth and expansion initiatives are leading it to upmarket. For instance, the acquisition of WorkForce software comes as a strategic move signaling further growth and strengthened position in the HCM (Human Capital Management) market. It's also noteworthy that ADP has received a
price target hike from Jefferies buoyed by
strong revenue and robust demand trends. Moreover,
ADP's CAGR over the past five years has pleased investors, marking
15% return.
Automatic Data Processing ADP News Analytics from Wed, 01 May 2024 07:00:00 GMT to Fri, 28 Mar 2025 22:59:00 GMT -
Rating 8
- Innovation 9
- Rumor -5
