Brandywine Global Investment Management LLC Sells 409,352 Shares of ADT Inc. $ADT

Brandywine Global Investment Management LLC lessened its holdings in ADT Inc. (NYSE:ADT) by 34.8% during the fourth quarter, Holdings Channel reports. The fund owned 766,045 shares of the security and automation business’s stock after selling 409,352 shares during the period. Brandywine Global Investment Management LLC’s holdings in ADT were worth $6,182,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new stake in ADT in the 4th quarter valued at $28,000. IFP Advisors Inc grew its holdings in 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 buying an additional 3,782 shares in the last quarter. Osaic Holdings Inc. grew its holdings in ADT by 39.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after buying an additional 1,240 shares in the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its holdings in ADT by 20.6% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,099 shares of the security and automation business’s stock valued at $62,000 after buying an additional 1,213 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in ADT by 5,276.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 10,001 shares of the security and automation business’s stock valued at $87,000 after buying an additional 9,815 shares in the last quarter. Institutional investors own 87.22% of the company’s stock.

Insider Transactions at ADT

In other news, EVP Fawad Ahmad bought 7,500 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was purchased at an average cost of $6.75 per share, for a total transaction of $50,625.00. Following the completion of the transaction, the executive vice president owned 302,334 shares of the company’s stock, valued at $2,040,754.50. This trade represents a 2.54% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Daniel Joseph Houston bought 36,450 shares of the company’s stock in a transaction on Friday, May 8th. The stock was purchased at an average price of $6.87 per share, with a total value of $250,411.50. Following the completion of the transaction, the director directly owned 74,812 shares of the company’s stock, valued at approximately $513,958.44. The trade was a 95.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have bought a total of 54,855 shares of company stock valued at $376,172 over the last three months. Company insiders own 3.00% of the company’s stock.

ADT Price Performance

Shares of ADT stock opened at $6.70 on Thursday. The company has a quick ratio of 0.67, a current ratio of 0.84 and a debt-to-equity ratio of 1.94. ADT Inc. has a twelve month low of $6.25 and a twelve month high of $8.94. The company has a market cap of $5.30 billion, a P/E ratio of 9.56 and a beta of 1.01. The business has a fifty day simple moving average of $6.91 and a 200 day simple moving average of $7.43.

ADT (NYSE:ADT) last posted its earnings results on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.21 by $0.02. The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.The business’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the company earned $0.21 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, sell-side analysts forecast that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Thursday, June 11th will be given a $0.055 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.22 annualized dividend and a yield of 3.3%. ADT’s dividend payout ratio (DPR) is currently 31.43%.

Wall Street Analyst Weigh In

A number of brokerages have commented on ADT. Barclays reaffirmed an “underweight” rating and issued a $7.00 price objective on shares of ADT in a report on Friday, March 6th. 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. Citigroup reduced their target price on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Wednesday, March 4th. UBS Group set a $7.50 target price on ADT in a report on Friday, May 1st. Finally, Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $8.08.

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.