Bank of New York Mellon Corp Purchases 1,286,322 Shares of ADT Inc. $ADT

Bank of New York Mellon Corp lifted its position in ADT Inc. (NYSE:ADT) by 35.9% during the first quarter, Holdings Channel reports. The institutional investor owned 4,867,511 shares of the security and automation business’s stock after buying an additional 1,286,322 shares during the quarter. Bank of New York Mellon Corp’s holdings in ADT were worth $31,980,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of ADT. Los Angeles Capital Management LLC purchased a new stake in ADT during the fourth quarter valued at approximately $28,000. IFP Advisors Inc grew its holdings in 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 worth $35,000 after purchasing an additional 3,782 shares during the last quarter. Osaic Holdings Inc. grew its holdings in ADT by 39.9% in the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after purchasing an additional 1,240 shares during the last quarter. Fairscale Capital LLC acquired a new position in shares of ADT during the fourth quarter worth $41,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of ADT by 5,276.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 10,001 shares of the security and automation business’s stock worth $87,000 after purchasing an additional 9,815 shares in the last quarter. Institutional investors own 87.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ADT shares. Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a report on Wednesday, July 15th. UBS Group set a $7.50 target price on ADT in a research note on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $8.08.

Insider Transactions at ADT

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 purchased at an average price of $6.88 per share, for a total transaction of $50,086.40. Following the completion of the transaction, the executive vice president directly owned 7,280 shares in the company, valued at approximately $50,086.40. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Daniel Joseph Houston purchased 36,450 shares of ADT stock in a transaction on Friday, May 8th. The shares were acquired at an average cost 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 $513,958.44. The trade was a 95.02% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 54,855 shares of company stock worth $376,172 in the last ninety days. Corporate insiders own 3.00% of the company’s stock.

ADT Stock Performance

Shares of ADT stock opened at $7.04 on Monday. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of 10.06 and a beta of 1.01. 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 moving average of $6.76 and a 200 day moving average of $7.13. ADT Inc. has a 1 year low of $6.24 and a 1 year high of $8.94.

ADT (NYSE:ADT) last posted its quarterly earnings results 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. The business had revenue of $2.56 billion for 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 company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.21 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, research analysts expect that ADT Inc. will post 0.87 earnings per share for the current year.

ADT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Thursday, June 11th were issued a dividend of $0.055 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.1%. ADT’s payout ratio is 31.43%.

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.