ADT Inc. $ADT Shares Bought by Wasatch Advisors LP

Wasatch Advisors LP lifted its stake in shares of ADT Inc. (NYSE:ADTFree Report) by 19.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,427,968 shares of the security and automation business’s stock after acquiring an additional 1,382,292 shares during the period. Wasatch Advisors LP owned 1.06% of ADT worth $54,782,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ADT. Los Angeles Capital Management LLC acquired a new position in ADT in the fourth quarter valued at $28,000. PNC Financial Services Group Inc. lifted its stake in shares of ADT by 151.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock valued at $33,000 after purchasing an additional 2,985 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of ADT by 1,759.1% in the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock valued at $35,000 after purchasing an additional 3,782 shares in the last quarter. Osaic Holdings Inc. grew its holdings in shares of ADT by 39.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after purchasing an additional 1,240 shares during the period. Finally, Fairscale Capital LLC purchased a new stake in shares of ADT during the 4th quarter worth about $41,000. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ADT shares. Morgan Stanley raised their target price on shares of ADT from $7.50 to $7.75 and gave the company an “equal weight” rating in a research note on Friday, July 31st. UBS Group set a $7.50 target price on ADT in a research report on Friday, May 1st. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, ADT currently has an average rating of “Hold” and an average target price of $8.23.

Check Out Our Latest Stock Report on ADT

Insider Transactions at ADT

In other ADT news, EVP Kimberly Miller bought 3,625 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $6.91 per share, with a total value of $25,048.75. Following the transaction, the executive vice president directly owned 55,984 shares in the company, valued at approximately $386,849.44. This trade represents a 6.92% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.00% of the stock is owned by corporate insiders.

ADT Stock Performance

Shares of ADT stock opened at $7.46 on Wednesday. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.69 and a quick ratio of 0.52. The company’s fifty day moving average price is $6.93 and its two-hundred day moving average price is $7.07. The firm has a market capitalization of $5.45 billion, a P/E ratio of 10.51 and a beta of 1.00. ADT Inc. has a 12 month low of $6.24 and a 12 month high of $8.94.

ADT (NYSE:ADTGet Free Report) last announced its earnings results on Thursday, July 30th. The security and automation business reported $0.23 earnings per share for the quarter, beating 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 company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period last year, the firm earned $0.23 earnings per share. The company’s 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 anticipate that ADT Inc. will post 0.9 earnings per share for the current fiscal year.

ADT Dividend Announcement

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

ADT Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding ADT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ADT Inc. (NYSE:ADTFree Report).

Institutional Ownership by Quarter for ADT (NYSE:ADT)

Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.com's FREE daily email newsletter.