Brokerages Set ADT Inc. (NYSE:ADT) Price Target at $8.08

Shares of ADT Inc. (NYSE:ADT) have received an average rating of “Hold” from the six research firms that are presently covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $8.23.

ADT has been the subject of a number of research analyst reports. Morgan Stanley raised their price target on shares of ADT from $7.50 to $7.75 and gave the stock an “equal weight” rating in a report on Friday, July 31st. UBS Group set a $7.50 price target on ADT in a research report on Friday, May 1st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th.

Insiders Place Their Bets

In related news, EVP Omar Khan acquired 7,280 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was 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 directly owned 7,280 shares in the company, valued at $50,086.40. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Fawad Ahmad purchased 7,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was bought at an average cost of $6.75 per share, with a total value of $50,625.00. Following the completion of the acquisition, the executive vice president directly owned 302,334 shares of the company’s stock, valued at $2,040,754.50. This trade represents a 2.54% increase in their position. The SEC filing for this purchase provides additional information. In the last three months, insiders have purchased 18,405 shares of company stock valued at $125,760. Company insiders own 3.00% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in ADT. SG Americas Securities LLC purchased a new position in shares of ADT in the fourth quarter worth about $1,238,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of ADT in the 4th quarter worth $2,870,000. Geode Capital Management LLC boosted its position in shares of ADT by 5.6% during the 4th quarter. Geode Capital Management LLC now owns 10,906,341 shares of the security and automation business’s stock valued at $88,030,000 after acquiring an additional 577,013 shares during the last quarter. Norges Bank purchased a new position in ADT during the fourth quarter worth about $192,996,000. Finally, Louisiana State Employees Retirement System acquired a new stake in shares of ADT during the 1st quarter worth approximately $1,480,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.

ADT Stock Down 0.5%

Shares of ADT stock opened at $7.67 on Friday. The stock’s fifty day moving average price is $6.88 and its 200 day moving average price is $7.08. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.69 and a quick ratio of 0.52. ADT has a 1-year low of $6.24 and a 1-year high of $8.94. The company has a market cap of $5.62 billion, a price-to-earnings ratio of 10.80 and a beta of 1.00.

ADT (NYSE:ADT) last issued its quarterly earnings results on Thursday, July 30th. The security and automation business reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01. ADT had a return on equity of 18.99% and a net margin of 11.85%.The business had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter last year, the company earned $0.23 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, research analysts expect that ADT will post 0.87 earnings per share for the current fiscal year.

ADT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.22 dividend on an annualized basis and a yield of 2.9%. ADT’s payout ratio is currently 30.99%.

About ADT

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.