Employees Retirement System of Texas Has $1.68 Million Stock Position in ADT Inc. $ADT

Employees Retirement System of Texas trimmed its position in ADT Inc. (NYSE:ADT) by 36.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 208,658 shares of the security and automation business’s stock after selling 117,252 shares during the quarter. Employees Retirement System of Texas’ holdings in ADT were worth $1,684,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. NewEdge Advisors LLC boosted its holdings in ADT by 503.0% during the first quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock worth $108,000 after buying an additional 11,077 shares during the last quarter. Caxton Associates LLP bought a new position in ADT during the first quarter worth about $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in ADT by 29.4% during the first 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 buying an additional 262,480 shares during the last quarter. Focus Partners Wealth boosted its holdings in ADT by 75.9% during the first quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock worth $442,000 after buying an additional 23,463 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in ADT during the second quarter worth about $93,000. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, EVP Omar Khan bought 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 transaction, the executive vice president owned 7,280 shares in the company, valued at $50,086.40. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP David A. Scott bought 7,300 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average cost of $6.72 per share, for a total transaction of $49,056.00. Following the transaction, the executive vice president owned 7,300 shares in the company, valued at $49,056. The trade was a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired 62,155 shares of company stock worth $425,228 in the last 90 days. Company insiders own 3.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ADT shares. Morgan Stanley reduced their target price on ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. UBS Group set a $7.50 target price on ADT in a report on Friday, May 1st. Citigroup cut their price objective on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $10.40 price objective on shares of ADT in a report on Monday, March 2nd. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $8.08.

ADT Trading Down 1.4%

NYSE:ADT opened at $6.84 on Thursday. ADT Inc. has a fifty-two week low of $6.25 and a fifty-two week high of $8.94. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.84 and a quick ratio of 0.67. The stock has a market capitalization of $5.41 billion, a PE ratio of 9.76 and a beta of 1.06. The business’s 50-day simple moving average is $6.87 and its 200-day simple moving average is $7.53.

ADT (NYSE:ADT) last released its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02. ADT had a return on equity of 19.23% and a net margin of 12.12%.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 business posted $0.21 EPS. ADT’s revenue for the quarter was up .9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Sell-side analysts expect that ADT Inc. will post 0.87 earnings per share for the current fiscal year.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 11th. ADT’s dividend payout ratio (DPR) is currently 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.