ADT Inc. (NYSE:ADT) Given Average Rating of “Hold” by Analysts

ADT Inc. (NYSE:ADTGet Free Report) has been assigned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $8.23.

ADT has been the topic of several recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th. BTIG Research started coverage on ADT in a research report on Monday, August 17th. They issued a “neutral” rating for the company. Finally, Morgan Stanley upped their price target on shares of ADT from $7.50 to $7.75 and gave the company an “equal weight” rating in a research report on Friday, July 31st.

Get Our Latest Stock Analysis on ADT

ADT Price Performance

NYSE ADT opened at $7.41 on Tuesday. The firm’s 50-day simple moving average is $7.13 and its two-hundred day simple moving average is $7.01. The company has a market cap of $5.41 billion, a PE ratio of 10.44 and a beta of 1.00. ADT has a 52 week low of $6.24 and a 52 week high of $8.94. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 2.14.

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

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a $0.055 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.0%. ADT’s payout ratio is presently 30.99%.

Hedge Funds Weigh In On ADT

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Corient Private Wealth LP lifted its position in shares of ADT by 3.6% in the 2nd quarter. Corient Private Wealth LP now owns 114,441 shares of the security and automation business’s stock worth $746,000 after purchasing an additional 4,004 shares during the period. Amundi increased its position in ADT by 1,033.8% during the 2nd quarter. Amundi now owns 1,618,696 shares of the security and automation business’s stock valued at $10,522,000 after buying an additional 1,475,926 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of ADT during the second quarter valued at $3,652,000. California State Teachers Retirement System boosted its stake in ADT by 617.3% in the 2nd quarter. California State Teachers Retirement System now owns 4,418,700 shares of the security and automation business’s stock worth $28,722,000 after purchasing an additional 3,802,682 shares in the last quarter. Finally, AlphaGrep UK Ltd bought a new position in ADT in the 2nd quarter worth about $101,000. Institutional investors own 87.22% of the company’s stock.

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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Analyst Recommendations for ADT (NYSE:ADT)

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