ADT Inc. (NYSE:ADT – Get Free Report) has received an average recommendation of “Hold” from the six research firms that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $8.08.
ADT has been the subject of a number of analyst reports. The Goldman Sachs Group restated a “buy” rating and issued a $10.40 price target on shares of ADT in a research report on Monday, March 2nd. Barclays reiterated an “underweight” rating and set a $7.00 target price on shares of ADT in a research report on Friday, March 6th. Morgan Stanley decreased their target price on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Citigroup decreased their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research report on Wednesday, March 4th. Finally, Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th.
ADT Stock Down 1.2%
ADT (NYSE:ADT – Get Free Report) last issued its quarterly earnings results 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. The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.ADT’s revenue was up .9% on a year-over-year basis. During the same period last year, the company earned $0.21 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, sell-side analysts expect that ADT will post 0.87 EPS for the current year.
ADT Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th will be given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 3.2%. The ex-dividend date is Thursday, June 11th. ADT’s dividend payout ratio (DPR) is 31.43%.
Insiders Place Their Bets
In other news, EVP Fawad Ahmad purchased 7,500 shares of the business’s stock in a transaction dated Tuesday, May 12th. The shares were purchased at an average price 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 purchase was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP David A. Scott purchased 7,300 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were purchased at an average price of $6.72 per share, for a total transaction of $49,056.00. Following the purchase, the executive vice president owned 7,300 shares of the company’s stock, valued at approximately $49,056. This trade represents a ∞ increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 58,530 shares of company stock valued at $400,179 in the last three months. 3.00% of the stock is owned by company insiders.
Hedge Funds Weigh In On ADT
Several institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company increased its stake in shares of ADT by 35.2% during the first quarter. The Manufacturers Life Insurance Company now owns 147,763 shares of the security and automation business’s stock valued at $971,000 after buying an additional 38,502 shares during the period. Quantinno Capital Management LP increased its stake in shares of ADT by 191.1% during the first quarter. Quantinno Capital Management LP now owns 3,637,287 shares of the security and automation business’s stock valued at $23,897,000 after buying an additional 2,387,826 shares during the period. SummitTX Capital L.P. increased its stake in shares of ADT by 17.9% during the first quarter. SummitTX Capital L.P. now owns 70,923 shares of the security and automation business’s stock valued at $466,000 after buying an additional 10,743 shares during the period. Aristides Capital LLC increased its stake in shares of ADT by 28.2% during the first quarter. Aristides Capital LLC now owns 31,006 shares of the security and automation business’s stock valued at $204,000 after buying an additional 6,829 shares during the period. Finally, Modern Wealth Management LLC increased its stake in shares of ADT by 46.8% during the first quarter. Modern Wealth Management LLC now owns 28,740 shares of the security and automation business’s stock valued at $188,000 after buying an additional 9,167 shares during the period. Hedge funds and other institutional investors own 87.22% of the company’s stock.
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.
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