Fifth Third Bancorp Invests $2.49 Million in ADT Inc. $ADT

Fifth Third Bancorp bought a new stake in ADT Inc. (NYSE:ADT) in the first quarter, HoldingsChannel.com reports. The firm bought 378,352 shares of the security and automation business’s stock, valued at approximately $2,486,000.

Other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC increased its stake in ADT by 503.0% in the first quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock valued at $108,000 after acquiring an additional 11,077 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of ADT in the first quarter worth approximately $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake 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 grew its stake 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 purchasing an additional 23,463 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of ADT during the 2nd quarter worth approximately $93,000. Institutional investors and hedge funds own 87.22% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a report on Wednesday, July 15th. UBS Group set a $7.50 price objective on ADT in a report on Friday, May 1st. 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 an average rating of “Hold” and a consensus price target of $8.08.

ADT Trading Down 1.5%

Shares of ADT stock opened at $6.89 on Wednesday. The firm has a market cap of $5.06 billion, a PE ratio of 9.85 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. ADT Inc. has a 1 year low of $6.24 and a 1 year high of $8.94. The company has a 50 day simple moving average of $6.76 and a two-hundred day simple moving average of $7.15.

ADT (NYSE:ADT) last issued its earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the prior year, the firm earned $0.21 earnings per share. 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. Analysts expect that ADT Inc. will post 0.87 earnings per share for the current fiscal year.

ADT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th were paid a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, June 11th. ADT’s dividend payout ratio is 31.43%.

Insider Activity

In other news, EVP Fawad Ahmad acquired 7,500 shares of the stock in a transaction dated 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 owned 302,334 shares in the company, valued at approximately $2,040,754.50. The trade was a 2.54% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Daniel Joseph Houston bought 36,450 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were purchased at an average price of $6.87 per share, with a total value of $250,411.50. Following the completion of the acquisition, the director owned 74,812 shares of the company’s stock, valued at $513,958.44. This trade represents a 95.02% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders acquired 54,855 shares of company stock worth $376,172. 3.00% of the stock is currently owned by corporate insiders.

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.