Jain Global LLC Has $9.79 Million Stock Holdings in ADT Inc. $ADT

Jain Global LLC reduced its holdings in ADT Inc. (NYSE:ADT) by 17.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,123,600 shares of the security and automation business’s stock after selling 232,437 shares during the quarter. Jain Global LLC owned about 0.14% of ADT worth $9,787,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ADT. Vanguard Group Inc. raised its stake in ADT by 42.7% during the 3rd quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock worth $564,918,000 after buying an additional 19,413,112 shares during the period. AQR Capital Management LLC grew its stake in ADT by 124.6% in the third quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business’s stock valued at $314,954,000 after acquiring an additional 20,062,625 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of ADT by 6.6% during the third quarter. Dimensional Fund Advisors LP now owns 33,980,889 shares of the security and automation business’s stock valued at $295,980,000 after acquiring an additional 2,111,701 shares in the last quarter. Norges Bank bought a new stake in shares of ADT during the second quarter valued at approximately $219,825,000. Finally, LSV Asset Management raised its position in shares of ADT by 3.7% during the third quarter. LSV Asset Management now owns 25,646,206 shares of the security and automation business’s stock worth $223,378,000 after purchasing an additional 919,013 shares during the period. 87.22% of the stock is owned by institutional investors and hedge funds.

ADT Stock Performance

NYSE ADT opened at $6.55 on Tuesday. The company has a fifty day moving average price of $7.71 and a 200-day moving average price of $8.15. The firm has a market cap of $5.37 billion, a price-to-earnings ratio of 9.92 and a beta of 1.00. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.93 and a quick ratio of 0.73. ADT Inc. has a 1 year low of $6.25 and a 1 year high of $8.94.

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

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 12th will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.22 annualized dividend and a dividend yield of 3.4%. ADT’s dividend payout ratio (DPR) is currently 33.33%.

Insider Activity

In other ADT news, EVP David A. Scott bought 7,300 shares of ADT stock in a transaction dated Thursday, March 5th. The stock was bought at an average cost of $6.72 per share, with a total value of $49,056.00. Following the completion of the acquisition, the executive vice president directly 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 filing with the SEC, which is accessible through this hyperlink. 2.70% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

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

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.