Magnetar Financial LLC Purchases 211,932 Shares of ADT Inc. $ADT

Magnetar Financial LLC boosted its position in shares of ADT Inc. (NYSE:ADT) by 1,480.4% in the third quarter, Holdings Channel reports. The fund owned 226,248 shares of the security and automation business’s stock after purchasing an additional 211,932 shares during the quarter. Magnetar Financial LLC’s holdings in ADT were worth $1,971,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the company. Harbor Capital Advisors Inc. purchased a new position in ADT in the third quarter worth about $25,000. Quent Capital LLC purchased a new stake in shares of ADT during the 3rd quarter valued at about $28,000. WPG Advisers LLC lifted its stake in shares of ADT by 54.3% in the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock worth $36,000 after purchasing an additional 1,440 shares during the period. Osaic Holdings Inc. lifted its stake 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 purchasing an additional 1,240 shares during the period. Finally, Bfsg LLC boosted its holdings in shares of ADT by 400.0% in the third quarter. Bfsg LLC now owns 5,000 shares of the security and automation business’s stock worth $44,000 after buying an additional 4,000 shares during the last quarter. Institutional investors own 87.22% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the stock. Barclays restated an “underweight” rating and set a $7.00 target price on shares of ADT in a research report on Friday, March 6th. Morgan Stanley dropped their price target on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 3rd. The Goldman Sachs Group reissued a “buy” rating and set a $10.40 price objective on shares of ADT in a research report on Monday, March 2nd. Citigroup reduced their price objective on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Finally, Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Two investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, ADT currently has an average rating of “Hold” and an average target price of $8.38.

ADT Price Performance

NYSE ADT opened at $6.37 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 1.95. ADT Inc. has a 12 month low of $6.25 and a 12 month high of $8.94. The stock has a market cap of $5.22 billion, a price-to-earnings ratio of 9.65 and a beta of 1.00. The company’s 50 day moving average is $7.78 and its two-hundred day moving average is $8.19.

ADT (NYSE:ADT) last posted its quarterly earnings results on Monday, March 2nd. The security and automation business reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The business had revenue of $2.55 billion during the quarter, compared to analyst estimates of $1.30 billion. ADT had a net margin of 11.60% and a return on equity of 19.16%. The company’s revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.20 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, research analysts anticipate that ADT Inc. will post 0.7 earnings per share for the current year.

ADT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 12th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.5%. ADT’s dividend payout ratio is currently 33.33%.

Insiders Place Their Bets

In related news, EVP David A. Scott purchased 7,300 shares of ADT stock in a transaction on Thursday, March 5th. The shares were bought at an average cost of $6.72 per share, for a total transaction of $49,056.00. Following the acquisition, the executive vice president owned 7,300 shares in the company, valued at approximately $49,056. The trade was a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.70% of the company’s stock.

ADT 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.