Hsbc Holdings PLC Decreases Stock Holdings in ADT Inc. $ADT

Hsbc Holdings PLC trimmed its stake in shares of ADT Inc. (NYSE:ADT) by 17.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 742,349 shares of the security and automation business’s stock after selling 159,341 shares during the period. Hsbc Holdings PLC’s holdings in ADT were worth $4,843,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Los Angeles Capital Management LLC acquired a new stake in shares of ADT in the 4th quarter worth approximately $28,000. PNC Financial Services Group Inc. raised its stake in shares of ADT by 151.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock worth $33,000 after buying an additional 2,985 shares during the last quarter. IFP Advisors Inc boosted its position in shares of ADT by 1,759.1% in the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after buying an additional 3,782 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of ADT by 39.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after buying an additional 1,240 shares in the last quarter. Finally, Fairscale Capital LLC purchased a new stake in shares of ADT in the 4th quarter worth about $41,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.

ADT Price Performance

NYSE:ADT opened at $7.08 on Thursday. The firm has a market cap of $5.17 billion, a price-to-earnings ratio of 9.97 and a beta of 1.02. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 2.14. The company’s 50-day moving average is $7.25 and its two-hundred day moving average is $6.99. ADT Inc. has a 12-month low of $6.24 and a 12-month high of $8.94.

ADT (NYSE:ADT) last issued its quarterly earnings results on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. ADT had a net margin of 11.85% and a return on equity of 18.99%. The company’s quarterly revenue was up 1.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. Research analysts expect that ADT Inc. will post 0.9 EPS for the current year.

ADT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a $0.055 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.22 annualized dividend and a yield of 3.1%. ADT’s payout ratio is 30.99%.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of ADT in a report on Wednesday, July 15th. BTIG Research initiated coverage on ADT in a research report on Monday, August 17th. They set a “neutral” rating for the company. Finally, Morgan Stanley upped their target price on ADT from $7.50 to $7.75 and gave the company an “equal weight” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, ADT has an average rating of “Hold” and a consensus target price of $8.23.

About ADT

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.