Teachers Retirement System of The State of Kentucky acquired a new position in shares of ADT Inc. (NYSE:ADT – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 126,000 shares of the security and automation business’s stock, valued at approximately $828,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. NewEdge Advisors LLC lifted its stake in ADT by 503.0% in the 1st quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock valued at $108,000 after buying an additional 11,077 shares in the last quarter. Caxton Associates LLP acquired a new position in ADT during the first quarter valued at approximately $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in ADT by 29.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,154,250 shares of the security and automation business’s stock worth $9,396,000 after acquiring an additional 262,480 shares during the period. Focus Partners Wealth grew its stake in shares of ADT by 75.9% during the first quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock valued at $442,000 after acquiring an additional 23,463 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in shares of ADT in the 2nd quarter worth about $93,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.
Insider Transactions at ADT
In other news, Director Daniel Joseph Houston acquired 36,450 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were purchased at an average price of $6.87 per share, for a total transaction of $250,411.50. Following the completion of the acquisition, the director owned 74,812 shares of the company’s stock, valued at approximately $513,958.44. This represents a 95.02% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Omar Khan purchased 7,280 shares of the company’s stock in a transaction dated Monday, May 11th. The shares were acquired at an average price of $6.88 per share, for a total transaction of $50,086.40. Following the purchase, the executive vice president owned 7,280 shares in the company, valued at $50,086.40. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders acquired 54,855 shares of company stock worth $376,172. 3.00% of the stock is owned by corporate insiders.
ADT Price Performance
ADT (NYSE:ADT – Get Free Report) last released its earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, beating the consensus estimate 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 in the previous year, the business posted $0.21 EPS. The business’s revenue for the quarter was up .9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Equities analysts forecast that ADT Inc. will post 0.87 EPS for the current fiscal year.
ADT Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Thursday, June 11th were paid a $0.055 dividend. The ex-dividend date was Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a yield of 3.1%. ADT’s payout ratio is 31.43%.
Analyst Ratings Changes
Separately, UBS Group set a $7.50 target price on ADT in a report on Friday, May 1st. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $8.08.
Read Our Latest Stock Analysis on ADT
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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