348,522 Shares in ADT Inc. $ADT Purchased by Evolve Private Wealth LLC

Evolve Private Wealth LLC purchased a new position in shares of ADT Inc. (NYSE:ADT) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 348,522 shares of the security and automation business’s stock, valued at approximately $2,832,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Engineers Gate Manager LP grew its holdings in ADT by 203.6% during the fourth quarter. Engineers Gate Manager LP now owns 274,857 shares of the security and automation business’s stock worth $2,218,000 after purchasing an additional 184,326 shares during the period. Balyasny Asset Management L.P. grew its holdings in ADT by 10.6% during the fourth quarter. Balyasny Asset Management L.P. now owns 127,483 shares of the security and automation business’s stock worth $1,029,000 after purchasing an additional 12,234 shares during the period. American Trust bought a new position in ADT during the fourth quarter worth about $121,000. Freestone Grove Partners LP bought a new position in ADT during the fourth quarter worth about $338,000. Finally, Guggenheim Capital LLC grew its holdings in ADT by 55.3% during the fourth quarter. Guggenheim Capital LLC now owns 67,002 shares of the security and automation business’s stock worth $541,000 after purchasing an additional 23,870 shares during the period. Institutional investors own 87.22% of the company’s stock.

ADT Trading Down 3.6%

Shares of NYSE:ADT opened at $6.48 on Thursday. 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 $5.12 billion, a PE ratio of 9.25 and a beta of 1.01. The business has a 50 day moving average of $6.92 and a 200-day moving average of $7.39. The company has a quick ratio of 0.67, a current ratio of 0.84 and a debt-to-equity ratio of 1.94.

ADT (NYSE:ADT) last issued its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (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 during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the company posted $0.21 earnings per share. The business’s revenue was up .9% 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 forecast that ADT Inc. will post 0.87 earnings per share for the current 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 paid a $0.055 dividend. This represents a $0.22 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Thursday, June 11th. ADT’s payout ratio is 31.43%.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. UBS Group set a $7.50 price target on ADT in a report on Friday, May 1st. Morgan Stanley reduced their price objective on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. Barclays restated an “underweight” rating and set a $7.00 price objective on shares of ADT in a report on Friday, March 6th. The Goldman Sachs Group restated a “buy” rating and set a $10.40 price objective on shares of ADT in a report on Monday, March 2nd. Finally, Citigroup reduced their price objective on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $8.08.

Insider Buying and Selling

In related news, EVP Fawad Ahmad purchased 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was acquired at an average cost of $6.75 per share, for a total transaction of $50,625.00. Following the completion of the purchase, the executive vice president owned 302,334 shares in the company, valued at approximately $2,040,754.50. This represents a 2.54% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daniel Joseph Houston purchased 36,450 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average price of $6.87 per share, with a total value of $250,411.50. Following the completion of the purchase, the director owned 74,812 shares of the company’s stock, valued at $513,958.44. This trade represents a 95.02% increase in their position. The SEC filing for this purchase provides additional information. In the last ninety days, insiders have acquired 54,855 shares of company stock valued at $376,172. 3.00% of the stock is currently owned by corporate insiders.

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.