Park Avenue Securities LLC reduced its holdings in Automatic Data Processing, Inc. (ADP) by 33.4% in Q4, selling 8,190 shares worth $4.2 million. Despite this, ADP remains attractive with a 3.3% dividend yield and a $6 billion share buyback program, signaling confidence from its board. Analyst opinions vary, with some downgrades but also buy ratings citing strong cash flows and AI resilience. ADP reported solid Q4 earnings and raised its 2026 EPS guidance, maintaining steady growth prospects for investors.
For the four weeks ending June 27, 2026, US private employers added an average of 19,750 jobs per week, marking a slowdown in hiring for the third consecutive week. This data comes from the ADP National Employment Report's weekly update, the NER Puls...
The SCHD ETF has returned just under 2% in the past month, outperforming the S&P 500 ETF (SPY) by nearly 1%. Year-to-date, about 30 SCHD holdings have more than doubled the returns of SPY, which has returned 9.8%. Additionally, 31 SCHD holdings are t...
