SG Americas Securities LLC purchased a new stake in ADT Inc. (NYSE:ADT – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 153,361 shares of the security and automation business’s stock, valued at approximately $1,238,000.
A number of other hedge funds and other institutional investors have also modified their holdings of ADT. Harbor Capital Advisors Inc. acquired a new stake in shares of ADT in the third quarter valued at about $25,000. Quent Capital LLC acquired a new stake in shares of ADT in the third quarter valued at about $28,000. IFP Advisors Inc increased its position in shares of ADT by 1,759.1% in the third quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock valued at $35,000 after acquiring an additional 3,782 shares during the last quarter. WPG Advisers LLC increased its position in shares of ADT by 54.3% in the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after acquiring an additional 1,440 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in shares of ADT by 39.9% in the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after acquiring an additional 1,240 shares during the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently commented on ADT. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. The Goldman Sachs Group reiterated a “buy” rating and set a $10.40 price target on shares of ADT in a report on Monday, March 2nd. Barclays reiterated an “underweight” rating and set a $7.00 price target on shares of ADT in a report on Friday, March 6th. Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a report on Monday, December 29th. Finally, Morgan Stanley reduced their price objective on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ADT presently has an average rating of “Hold” and an average target price of $8.38.
Insiders Place Their Bets
In related news, EVP David A. Scott acquired 7,300 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average cost of $6.72 per share, for a total transaction of $49,056.00. Following the completion of the acquisition, the executive vice president directly owned 7,300 shares of the company’s stock, valued at approximately $49,056. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 2.70% of the stock is owned by insiders.
ADT Stock Down 0.8%
Shares of ADT opened at $6.61 on Wednesday. ADT Inc. has a one year low of $6.25 and a one year high of $8.94. The company has a market cap of $5.42 billion, a P/E ratio of 10.01 and a beta of 1.04. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.93 and a quick ratio of 0.73. The firm has a 50 day simple moving average of $7.20 and a two-hundred day simple moving average of $7.92.
ADT (NYSE:ADT – Get Free Report) last announced its quarterly earnings data on Monday, March 2nd. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $1.30 billion. ADT had a net margin of 11.60% and a return on equity of 19.16%. The company’s revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.20 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Research analysts forecast that ADT Inc. will post 0.7 EPS for the current fiscal year.
ADT Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 2nd. Investors of record on Thursday, March 12th were issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Thursday, March 12th. ADT’s dividend payout ratio is presently 33.33%.
ADT 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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