ADT (NYSE:ADT) Posts Earnings Results

ADT (NYSE:ADT) posted its quarterly earnings results on Tuesday. The security and automation business reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.01, Briefing.com reports. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. ADT had a return on equity of 18.96% and a net margin of 12.52%.The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.20 EPS. ADT updated its FY 2025 guidance to 0.850-0.890 EPS.

ADT Stock Performance

Shares of NYSE:ADT opened at $8.12 on Thursday. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 11.77 and a beta of 1.00. ADT has a 52 week low of $6.71 and a 52 week high of $8.94. The company has a quick ratio of 0.37, a current ratio of 0.67 and a debt-to-equity ratio of 1.99. The firm has a 50 day moving average of $8.65 and a 200 day moving average of $8.47.

ADT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, December 11th. ADT’s payout ratio is currently 31.88%.

Hedge Funds Weigh In On ADT

Several institutional investors and hedge funds have recently bought and sold shares of the company. Osaic Holdings Inc. grew its holdings in shares of ADT by 39.9% during the second 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 during the last quarter. HUB Investment Partners LLC purchased a new stake in shares of ADT during the second quarter valued at $86,000. Sivia Capital Partners LLC purchased a new stake in shares of ADT during the second quarter valued at $93,000. Walleye Capital LLC purchased a new stake in shares of ADT during the second quarter valued at $104,000. Finally, NewEdge Advisors LLC grew its holdings in shares of ADT by 503.0% during the first quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock valued at $108,000 after buying an additional 11,077 shares during the last quarter. 87.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on ADT shares. Morgan Stanley increased their target price on ADT from $9.00 to $9.50 and gave the company an “equal weight” rating in a research note on Monday, July 28th. Wall Street Zen cut ADT from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Zacks Research cut ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Weiss Ratings reissued a “buy (b)” rating on shares of ADT in a report on Wednesday, October 8th. Finally, Citigroup raised their price target on ADT from $9.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $9.38.

About ADT

ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.