LSV Asset Management boosted its position in shares of ADT Inc. (NYSE:ADT – Free Report) by 8.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,837,737 shares of the security and automation business’s stock after acquiring an additional 2,191,531 shares during the period. LSV Asset Management’s holdings in ADT were worth $224,651,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of ADT. NewEdge Advisors LLC lifted its position in ADT by 503.0% during the 1st quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock worth $108,000 after acquiring an additional 11,077 shares during the last quarter. Caxton Associates LLP acquired a new position in ADT during the 1st quarter worth $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in ADT by 29.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,154,250 shares of the security and automation business’s stock worth $9,396,000 after acquiring an additional 262,480 shares during the last quarter. Focus Partners Wealth lifted its position in ADT by 75.9% during the 1st quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock worth $442,000 after acquiring an additional 23,463 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of ADT during the second quarter valued at about $93,000. Institutional investors and hedge funds own 87.22% of the company’s stock.
Analyst Ratings Changes
A number of research analysts have recently commented on the stock. Zacks Research raised shares of ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. Morgan Stanley cut their price objective on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Barclays reaffirmed an “underweight” rating and set a $7.00 price objective on shares of ADT in a research report on Friday, March 6th. Citigroup cut their price objective on shares of ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Finally, UBS Group set a $7.50 price objective on shares of ADT in a research report on Friday, May 1st. Two equities 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.com, the stock presently has an average rating of “Hold” and an average target price of $8.08.
Insiders Place Their Bets
In other ADT news, Director Daniel Joseph Houston bought 36,450 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of $6.87 per share, with a total value of $250,411.50. Following the completion of the purchase, the director directly owned 74,812 shares in the company, valued at $513,958.44. The trade was a 95.02% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP David A. Scott bought 7,300 shares of the stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average cost of $6.72 per share, for a total transaction of $49,056.00. Following the purchase, the executive vice president owned 7,300 shares of the company’s stock, valued at $49,056. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 62,155 shares of company stock valued at $425,228 over the last 90 days. Company insiders own 3.00% of the company’s stock.
ADT Stock Down 0.4%
Shares of ADT opened at $6.98 on Friday. The company has a 50-day simple moving average of $6.84 and a 200-day simple moving average of $7.57. The firm has a market capitalization of $5.52 billion, a P/E ratio of 9.96 and a beta of 1.06. 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 52 week low of $6.25 and a 52 week high of $8.94.
ADT (NYSE:ADT – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $1.27 billion. ADT had a net margin of 12.12% and a return on equity of 19.23%. The firm’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.21 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, equities research analysts expect that ADT Inc. will post 0.87 earnings per share for the current year.
ADT Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a yield of 3.2%. ADT’s payout ratio is presently 31.43%.
ADT Company Profile
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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