Hillsdale Investment Management Inc. Decreases Holdings in ADT Inc. $ADT

Hillsdale Investment Management Inc. decreased its stake in ADT Inc. (NYSE:ADT) by 69.6% during the 1st quarter, HoldingsChannel.com reports. The fund owned 142,900 shares of the security and automation business’s stock after selling 327,100 shares during the period. Hillsdale Investment Management Inc.’s holdings in ADT were worth $939,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC grew its position in shares of ADT by 503.0% during the 1st quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock valued at $108,000 after acquiring an additional 11,077 shares during the period. Caxton Associates LLP bought a new stake in shares of ADT in the 1st quarter worth approximately $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of 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 purchasing an additional 262,480 shares during the period. Focus Partners Wealth lifted its stake in ADT by 75.9% in the first quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock valued at $442,000 after purchasing an additional 23,463 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in ADT during the second quarter valued at $93,000. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, UBS Group set a $7.50 target price on ADT in a research report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $8.08.

Insider Buying and Selling

In related news, EVP Omar Khan acquired 7,280 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of $6.88 per share, with a total value of $50,086.40. Following the acquisition, the executive vice president owned 7,280 shares of the company’s stock, valued at approximately $50,086.40. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Daniel Joseph Houston bought 36,450 shares of the business’s stock in a transaction 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 purchase, the director owned 74,812 shares in the company, valued at $513,958.44. This trade represents a 95.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders acquired 54,855 shares of company stock worth $376,172. Company insiders own 3.00% of the company’s stock.

ADT Stock Up 4.5%

ADT opened at $7.08 on Friday. The company has a 50 day moving average of $6.75 and a 200 day moving average of $7.17. The company has a market cap of $5.19 billion, a PE ratio of 10.11 and a beta of 1.01. ADT Inc. has a 12 month low of $6.24 and a 12 month high of $8.94. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94.

ADT (NYSE:ADT) last issued its earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. ADT had a net margin of 12.12% and a return on equity of 19.23%. The business 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 firm posted $0.21 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, sell-side analysts expect that ADT Inc. will post 0.87 EPS for the current year.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Thursday, June 11th were paid a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Thursday, June 11th. ADT’s payout ratio is presently 31.43%.

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.