Allianz Asset Management GmbH Has $114.24 Million Stock Holdings in ADT Inc. $ADT

Allianz Asset Management GmbH lifted its position in ADT Inc. (NYSE:ADT) by 1.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 14,156,264 shares of the security and automation business’s stock after purchasing an additional 215,213 shares during the period. Allianz Asset Management GmbH’s holdings in ADT were worth $114,241,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its position 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 valued at $564,918,000 after acquiring an additional 19,413,112 shares during the period. AQR Capital Management LLC raised its holdings in ADT by 124.6% during 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 buying an additional 20,062,625 shares during the period. Dimensional Fund Advisors LP raised its holdings in ADT by 6.6% during the 3rd quarter. Dimensional Fund Advisors LP now owns 33,980,889 shares of the security and automation business’s stock worth $295,980,000 after buying an additional 2,111,701 shares during the period. LSV Asset Management raised its holdings in ADT by 8.5% during the 4th quarter. LSV Asset Management now owns 27,837,737 shares of the security and automation business’s stock worth $224,651,000 after buying an additional 2,191,531 shares during the period. Finally, Norges Bank acquired a new stake in ADT during the 4th quarter worth approximately $192,996,000. 87.22% of the stock is currently owned by institutional investors and hedge funds.

ADT Price Performance

NYSE:ADT opened at $6.70 on Thursday. ADT Inc. has a 1-year low of $6.25 and a 1-year high of $8.94. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94. The firm has a fifty day simple moving average of $6.91 and a 200 day simple moving average of $7.43. The stock has a market capitalization of $5.30 billion, a PE ratio of 9.56 and a beta of 1.01.

ADT (NYSE:ADT) last released its 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. ADT had a net margin of 12.12% and a return on equity of 19.23%. The business had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the business earned $0.21 earnings per share. The firm’s revenue was up .9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, research analysts expect 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. Investors of record on Thursday, June 11th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.22 annualized dividend and a dividend yield of 3.3%. ADT’s dividend payout ratio (DPR) is currently 31.43%.

Insider Activity

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

Analyst Upgrades and Downgrades

Several brokerages have commented on ADT. The Goldman Sachs Group restated a “buy” rating and set a $10.40 target price on shares of ADT in a report on Monday, March 2nd. Barclays restated an “underweight” rating and set a $7.00 target price on shares of ADT in a report on Friday, March 6th. Citigroup dropped their target price on shares of 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 shares of ADT in a report on Friday, May 1st. Finally, Morgan Stanley dropped their target price on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $8.08.

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.