Redwood Investment Management LLC Takes $1.04 Million Position in ADT Inc. $ADT

Redwood Investment Management LLC bought a new stake in ADT Inc. (NYSE:ADTFree Report) in the 1st quarter, Holdings Channel reports. The firm bought 158,608 shares of the security and automation business’s stock, valued at approximately $1,042,000.

Other institutional investors have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new stake in ADT during the fourth quarter worth $28,000. PNC Financial Services Group Inc. grew its position in shares of ADT by 151.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock valued at $33,000 after acquiring an additional 2,985 shares during the period. IFP Advisors Inc grew its position in shares of ADT by 1,759.1% in the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock valued at $35,000 after acquiring an additional 3,782 shares during the period. Osaic Holdings Inc. increased its stake in shares of ADT by 39.9% during 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 last quarter. Finally, Fairscale Capital LLC acquired a new position in shares of ADT during the 4th quarter worth about $41,000. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ADT. Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th. UBS Group set a $7.50 price target on ADT in a research report on Friday, May 1st. Finally, Morgan Stanley boosted their price target on ADT from $7.50 to $7.75 and gave the stock an “equal weight” rating in a research report on Friday. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, ADT currently has an average rating of “Hold” and an average target price of $8.23.

Check Out Our Latest Research Report on ADT

Insider Activity at ADT

In related news, EVP Kimberly Miller purchased 3,625 shares of the stock in a transaction on 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 in the company, valued at $386,849.44. The trade was a 6.92% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Fawad Ahmad acquired 7,500 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were bought at an average price of $6.75 per share, with a total value of $50,625.00. Following the completion of the transaction, the executive vice president directly owned 302,334 shares of the company’s stock, valued at approximately $2,040,754.50. The trade was a 2.54% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought 54,855 shares of company stock valued at $376,172 in the last 90 days. Insiders own 3.00% of the company’s stock.

ADT Trading Up 3.3%

ADT stock opened at $7.89 on Tuesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.69 and a quick ratio of 0.52. The company has a fifty day moving average price of $6.83 and a two-hundred day moving average price of $7.09. ADT Inc. has a one year low of $6.24 and a one year high of $8.94. The stock has a market cap of $5.79 billion, a price-to-earnings ratio of 11.12 and a beta of 1.00.

ADT (NYSE:ADTGet Free Report) last released its quarterly earnings data on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. ADT had a net margin of 11.85% and a return on equity of 18.99%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. Equities analysts anticipate that ADT Inc. will post 0.87 EPS for the current year.

ADT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a $0.055 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.22 dividend on an annualized basis and a yield of 2.8%. ADT’s dividend payout ratio is 30.99%.

ADT Company Profile

(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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Institutional Ownership by Quarter for ADT (NYSE:ADT)

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