Robeco Institutional Asset Management B.V. increased its stake in shares of ADT Inc. (NYSE:ADT – Free Report) by 27.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 879,338 shares of the security and automation business’s stock after purchasing an additional 191,139 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.11% of ADT worth $7,659,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Earned Wealth Advisors LLC lifted its stake in shares of ADT by 127.1% in the 3rd quarter. Earned Wealth Advisors LLC now owns 36,304 shares of the security and automation business’s stock worth $316,000 after acquiring an additional 20,321 shares during the period. Asset Management One Co. Ltd. acquired a new position in ADT during the third quarter worth $1,465,000. True Wealth Design LLC raised its position in ADT by 126.5% in the third quarter. True Wealth Design LLC now owns 14,358 shares of the security and automation business’s stock worth $125,000 after acquiring an additional 8,020 shares in the last quarter. Merit Financial Group LLC raised its position in ADT by 125.6% in the third quarter. Merit Financial Group LLC now owns 216,461 shares of the security and automation business’s stock worth $1,885,000 after acquiring an additional 120,503 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of ADT by 52.6% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 135,200 shares of the security and automation business’s stock valued at $1,178,000 after purchasing an additional 46,600 shares in the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts recently commented on ADT shares. Wall Street Zen downgraded shares of ADT from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Morgan Stanley dropped their price objective on ADT from $9.50 to $9.00 and set an “equal weight” rating for the company in a research note on Wednesday, December 17th. Zacks Research cut ADT from a “hold” rating to a “strong sell” rating in a research report on Friday, December 19th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $9.25.
ADT Trading Up 0.1%
ADT stock opened at $8.26 on Friday. The stock has a market cap of $6.77 billion, a PE ratio of 11.96 and a beta of 0.94. ADT Inc. has a 52 week low of $6.78 and a 52 week high of $8.94. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99. The stock has a 50-day moving average price of $8.12 and a 200 day moving average price of $8.43.
ADT (NYSE:ADT – Get Free Report) last announced its quarterly earnings data on Friday, April 22nd. The security and automation business reported ($0.12) earnings per share (EPS) for the quarter. The firm had revenue of $1.31 billion for the quarter. ADT had a net margin of 12.52% and a return on equity of 18.96%. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. Equities research analysts predict that ADT Inc. will post 0.7 earnings per share for the current fiscal year.
ADT Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were given a dividend of $0.055 per share. The ex-dividend date was Thursday, December 11th. This represents a $0.22 annualized dividend and a yield of 2.7%. ADT’s dividend payout ratio is 31.88%.
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.
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