Arrowstreet Capital Limited Partnership Has $111.28 Million Position in ADT Inc. $ADT

Arrowstreet Capital Limited Partnership lessened its holdings in shares of ADT Inc. (NYSE:ADT) by 21.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,788,868 shares of the security and automation business’s stock after selling 3,688,104 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in ADT were worth $111,276,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of ADT by 42.7% in the 3rd quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock worth $564,918,000 after acquiring an additional 19,413,112 shares during the last quarter. Dimensional Fund Advisors LP raised its position in ADT by 7.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 36,357,866 shares of the security and automation business’s stock valued at $293,405,000 after buying an additional 2,376,977 shares during the last quarter. AQR Capital Management LLC grew its position in ADT by 124.6% in the 3rd quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business’s stock worth $314,954,000 after purchasing an additional 20,062,625 shares in the last quarter. LSV Asset Management increased its stake in ADT by 8.5% in the 4th quarter. LSV Asset Management now owns 27,837,737 shares of the security and automation business’s stock valued at $224,651,000 after buying an additional 2,191,531 shares during the last quarter. Finally, Norges Bank bought a new position in shares of ADT during the 4th quarter worth approximately $192,996,000. Institutional investors and hedge funds own 87.22% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on ADT shares. Barclays reissued an “underweight” rating and issued a $7.00 price objective on shares of ADT in a research report on Friday, March 6th. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. UBS Group set a $7.50 price target on shares of ADT in a report on Friday, May 1st. The Goldman Sachs Group restated a “buy” rating and set a $10.40 price target on shares of ADT in a research report on Monday, March 2nd. Finally, Morgan Stanley decreased their price objective on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, ADT has an average rating of “Hold” and a consensus price target of $8.08.

Insider Buying and Selling at ADT

In other ADT news, Director Daniel Joseph Houston purchased 36,450 shares of the stock in a transaction dated Friday, May 8th. The shares were bought 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 in the company, valued at approximately $513,958.44. This trade represents a 95.02% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Fawad Ahmad purchased 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of $6.75 per share, for a total transaction of $50,625.00. Following the completion of the purchase, the executive vice president directly owned 302,334 shares in the company, valued at $2,040,754.50. This represents a 2.54% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 54,855 shares of company stock worth $376,172 over the last ninety days. Company insiders own 3.00% of the company’s stock.

ADT Stock Performance

NYSE:ADT opened at $6.69 on Tuesday. 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 business has a fifty day simple moving average of $6.92 and a two-hundred day simple moving average of $7.41. ADT Inc. has a 1 year low of $6.25 and a 1 year high of $8.94. The company has a market capitalization of $5.30 billion, a P/E ratio of 9.56 and a beta of 1.02.

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

ADT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Thursday, June 11th will be issued a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.22 annualized dividend and a yield of 3.3%. ADT’s dividend payout ratio is 31.43%.

About ADT

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.