AustralianSuper Pty Ltd Buys New Stake in ADT Inc. $ADT

AustralianSuper Pty Ltd purchased a new stake in ADT Inc. (NYSE:ADT) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,634,459 shares of the security and automation business’s stock, valued at approximately $14,236,000. AustralianSuper Pty Ltd owned about 0.20% of ADT at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of ADT. Norges Bank purchased a new stake in shares of ADT in the 2nd quarter valued at about $219,825,000. LSV Asset Management increased its position in ADT by 97.1% during the second quarter. LSV Asset Management now owns 24,727,193 shares of the security and automation business’s stock worth $209,439,000 after buying an additional 12,182,009 shares during the period. Alliancebernstein L.P. lifted its stake in ADT by 5.5% in the second quarter. Alliancebernstein L.P. now owns 16,346,077 shares of the security and automation business’s stock valued at $138,451,000 after buying an additional 853,767 shares during the last quarter. AQR Capital Management LLC lifted its stake in ADT by 22.7% in the second quarter. AQR Capital Management LLC now owns 16,097,474 shares of the security and automation business’s stock valued at $135,702,000 after buying an additional 2,978,376 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in shares of ADT by 2,089.4% in the second quarter. Allianz Asset Management GmbH now owns 14,638,575 shares of the security and automation business’s stock valued at $123,989,000 after acquiring an additional 13,969,976 shares during the period. Institutional investors and hedge funds own 87.22% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on ADT. Morgan Stanley cut their target price on shares of ADT from $9.50 to $9.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 17th. Wall Street Zen lowered shares of ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Zacks Research lowered ADT from a “hold” rating to a “strong sell” rating in a report on Friday, December 19th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $9.25.

ADT Stock Up 1.7%

ADT stock opened at $8.09 on Friday. The company’s 50 day simple moving average is $8.11 and its 200-day simple moving average is $8.40. The firm has a market capitalization of $6.63 billion, a PE ratio of 11.72 and a beta of 0.94. ADT Inc. has a 12 month low of $7.28 and a 12 month high of $8.94. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.67 and a quick ratio of 0.54.

ADT (NYSE:ADT) last issued its quarterly earnings data on Tuesday, November 4th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01. The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. ADT had a return on equity of 18.96% and a net margin of 12.52%.The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 EPS. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. Equities analysts expect that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.7%. ADT’s dividend payout ratio (DPR) is presently 31.88%.

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.