Kimberly Miller Purchases 3,625 Shares of ADT (NYSE:ADT) Stock

ADT Inc. (NYSE:ADTGet Free Report) EVP Kimberly Miller bought 3,625 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were purchased at an average cost of $6.91 per share, with a total value of $25,048.75. Following the acquisition, the executive vice president directly owned 55,984 shares of the company’s stock, valued at approximately $386,849.44. This represents a 6.92% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

ADT Price Performance

Shares of NYSE ADT traded up $0.15 during mid-day trading on Monday, reaching $6.98. The company had a trading volume of 10,553,758 shares, compared to its average volume of 11,334,343. 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 one year low of $6.25 and a one year high of $8.94. The firm has a market cap of $5.52 billion, a price-to-earnings ratio of 9.96 and a beta of 1.06. The business’s 50-day simple moving average is $6.81 and its 200 day simple moving average is $7.62.

ADT (NYSE:ADTGet Free Report) last issued its quarterly earnings results on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. ADT had a return on equity of 19.23% and a net margin of 12.12%.The company had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter last year, the business earned $0.21 earnings per share. ADT’s revenue was up .9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, research analysts predict that ADT Inc. will post 0.87 earnings per share for the current fiscal year.

ADT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be given a $0.055 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.2%. ADT’s dividend payout ratio (DPR) is presently 31.43%.

Hedge Funds Weigh In On ADT

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its stake in ADT by 20.6% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,099 shares of the security and automation business’s stock valued at $62,000 after buying an additional 1,213 shares during the period. Osaic Holdings Inc. lifted its stake in ADT by 39.9% in the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after buying an additional 1,240 shares during the period. WPG Advisers LLC lifted its stake in ADT by 54.3% in the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after buying an additional 1,440 shares during the period. Legal & General Group Plc lifted its stake in ADT by 0.3% in the fourth quarter. Legal & General Group Plc now owns 501,861 shares of the security and automation business’s stock valued at $4,050,000 after buying an additional 1,445 shares during the period. Finally, F m Investments LLC lifted its stake in ADT by 0.7% in the third quarter. F m Investments LLC now owns 239,027 shares of the security and automation business’s stock valued at $2,082,000 after buying an additional 1,602 shares during the period. 87.22% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. Morgan Stanley cut their price target on 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 target on shares of ADT in a research note on Monday, March 2nd. Barclays reissued an “underweight” rating and set a $7.00 price target on shares of ADT in a research note on Friday, March 6th. Finally, UBS Group set a $7.50 price target on ADT in a research note on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $8.08.

Check Out Our Latest Research Report on ADT

ADT Company Profile

(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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