Knights of Columbus Asset Advisors LLC Buys New Position in ADT Inc. $ADT

Knights of Columbus Asset Advisors LLC purchased a new position in shares of ADT Inc. (NYSE:ADT) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 503,356 shares of the security and automation business’s stock, valued at approximately $4,384,000. Knights of Columbus Asset Advisors LLC owned about 0.06% of ADT at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new position in ADT in the 3rd quarter valued at $25,000. GAMMA Investing LLC grew its holdings in ADT by 69.5% in the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after buying an additional 1,329 shares during the period. Quent Capital LLC acquired a new position in shares of ADT during the 3rd quarter valued at about $28,000. WPG Advisers LLC lifted its holdings in shares of ADT by 54.3% during the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock worth $36,000 after acquiring an additional 1,440 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of 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 acquiring an additional 1,240 shares during the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ADT shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Morgan Stanley cut their target price on ADT from $9.50 to $9.00 and set an “equal weight” rating on the stock in a research report on Wednesday, December 17th. Wall Street Zen downgraded ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Zacks Research downgraded ADT from a “hold” rating to a “strong sell” rating in a report on Friday, December 19th. One analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $9.25.

ADT Stock Performance

NYSE:ADT opened at $8.09 on Friday. The firm’s fifty day simple moving average is $8.11 and its 200 day simple moving average is $8.40. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99. ADT Inc. has a twelve month low of $7.28 and a twelve month high of $8.94. The firm has a market capitalization of $6.63 billion, a price-to-earnings ratio of 11.72 and a beta of 0.94.

ADT (NYSE:ADT) last released its quarterly earnings data on Tuesday, November 4th. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The company had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. ADT had a return on equity of 18.96% and a net margin of 12.52%.The firm’s revenue was up 4.3% compared to the same quarter last year. During the same period last year, the company posted $0.20 earnings per share. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. As a group, equities research analysts expect that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th were issued a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, December 11th. ADT’s dividend payout ratio is currently 31.88%.

ADT Company 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.