ADT Inc. (NYSE:ADT – Get Free Report) has earned an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $8.13.
A number of equities analysts recently weighed in on ADT shares. Morgan Stanley decreased their price target on ADT from $7.75 to $7.25 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of ADT in a report on Tuesday, October 13th. Finally, BTIG Research assumed coverage on ADT in a report on Monday, August 17th. They set a “neutral” rating on the stock.
Get Our Latest Research Report on ADT
ADT Stock Performance
ADT (NYSE:ADT – Get Free Report) last issued its earnings results on Thursday, July 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. ADT had a return on equity of 18.99% and a net margin of 11.85%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.23 EPS. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. As a group, equities analysts predict that ADT will post 0.90 EPS for the current fiscal year.
ADT Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a dividend of $0.0550 per share. The ex-dividend date was Thursday, September 10th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.2%. ADT’s payout ratio is currently 30.99%.
Institutional Investors Weigh In On ADT
Several hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its position in ADT by 151.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock worth $33,000 after acquiring an additional 2,985 shares during the period. Elevation Wealth Partners LLC lifted its position in shares of ADT by 1,646.1% in the third quarter. Elevation Wealth Partners LLC now owns 6,094 shares of the security and automation business’s stock worth $37,000 after purchasing an additional 5,745 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of ADT by 154.0% in the first quarter. Parallel Advisors LLC now owns 7,451 shares of the security and automation business’s stock worth $49,000 after purchasing an additional 4,518 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of ADT by 129.6% in the second quarter. GAMMA Investing LLC now owns 7,709 shares of the security and automation business’s stock worth $50,000 after purchasing an additional 4,352 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new stake in shares of ADT during the second quarter worth approximately $68,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.
ADT Company Profile
ADT Inc is a security and smart-home services company that provides monitored protection and automation solutions for residential and commercial customers. Its offerings include professionally installed security systems, 24-hour alarm monitoring, video surveillance, fire and life-safety systems, access control, home automation and related emergency response services.
The company serves customers primarily in the United States, offering solutions designed to help protect homes, businesses and other facilities from burglary, fire and other risks.
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