Insider Buying: ADT (NYSE:ADT) EVP Acquires $50,625.00 in Stock

ADT Inc. (NYSE:ADTGet Free Report) EVP Fawad Ahmad bought 7,500 shares of the stock in a transaction on Tuesday, May 12th. The stock was acquired at an average price of $6.75 per share, with a total value of $50,625.00. Following the completion of the acquisition, the executive vice president owned 302,334 shares of the company’s stock, valued at $2,040,754.50. This represents a 2.54% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

ADT Trading Up 0.9%

Shares of ADT stock opened at $6.90 on Friday. The company has a market cap of $5.46 billion, a P/E ratio of 9.86 and a beta of 1.06. The stock has a 50 day simple moving average of $6.81 and a two-hundred day simple moving average of $7.63. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.67 and a current ratio of 0.84. ADT Inc. has a fifty-two week low of $6.25 and a fifty-two week high of $8.94.

ADT (NYSE:ADTGet Free Report) last issued its earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Research analysts forecast that ADT Inc. will post 0.87 earnings per share for the current year.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.055 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.22 annualized dividend and a dividend yield of 3.2%. ADT’s payout ratio is currently 31.43%.

Institutional Investors Weigh In On ADT

Several institutional investors have recently bought and sold shares of the stock. Lingohr Asset Management GmbH purchased a new position in shares of ADT during the 3rd quarter valued at $4,564,000. Mitsubishi UFJ Trust & Banking Corp lifted its position in shares of ADT by 6,218.9% during the 3rd quarter. Mitsubishi UFJ Trust & Banking Corp now owns 161,194 shares of the security and automation business’s stock valued at $1,404,000 after buying an additional 158,643 shares during the last quarter. Alps Advisors Inc. lifted its position in shares of ADT by 325.0% during the 3rd quarter. Alps Advisors Inc. now owns 647,605 shares of the security and automation business’s stock valued at $5,641,000 after buying an additional 495,218 shares during the last quarter. Horizon Investment Services LLC purchased a new position in shares of ADT during the 3rd quarter valued at $1,508,000. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of ADT by 164.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 768,196 shares of the security and automation business’s stock valued at $6,591,000 after buying an additional 477,602 shares during the last quarter. Institutional investors own 87.22% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. The Goldman Sachs Group restated a “buy” rating and set a $10.40 price objective on shares of ADT in a report on Monday, March 2nd. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Morgan Stanley decreased their price objective on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. Barclays restated an “underweight” rating and set a $7.00 price objective on shares of ADT in a report on Friday, March 6th. Finally, Citigroup decreased their price objective on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $8.08.

View Our Latest Stock Report on ADT

About ADT

(Get Free Report)

ADT Inc is a leading provider of security and automation solutions for residential and commercial customers. The company offers a comprehensive suite of products and services, including intrusion detection systems, video surveillance, fire and carbon monoxide monitoring, and integrated smart home automation platforms. Through professional installation, continuous monitoring, and a network of 24/7 monitoring centers, ADT helps customers protect their properties, assets and loved ones.

Founded in 1874 as the American District Telegraph Company, ADT has evolved from one of the first telegraph-based alarm services into a modern security technology enterprise.

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