ADT Inc. (NYSE:ADT – Get Free Report)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $6.25 and last traded at $6.28, with a volume of 943856 shares. The stock had previously closed at $6.55.
Analyst Ratings Changes
A number of equities analysts have recently commented on the stock. Barclays restated an “underweight” rating and set a $7.00 price objective on shares of ADT in a research note on Friday. Morgan Stanley dropped their target price on ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. The Goldman Sachs Group reissued a “buy” rating and set a $10.40 price target on shares of ADT in a research report on Monday, March 2nd. Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Finally, Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $8.38.
ADT Stock Performance
ADT (NYSE:ADT – Get Free Report) last posted its quarterly earnings results on Monday, March 2nd. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The business had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $1.30 billion. ADT had a return on equity of 19.16% and a net margin of 11.60%.ADT’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the company posted $0.20 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, research analysts anticipate that ADT Inc. will post 0.7 EPS for the current fiscal year.
ADT Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Thursday, March 12th will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Thursday, March 12th. ADT’s payout ratio is currently 33.33%.
Institutional Investors Weigh In On ADT
A number of large investors have recently added to or reduced their stakes in ADT. Norges Bank acquired a new stake in ADT during the 2nd quarter valued at $219,825,000. AQR Capital Management LLC increased its holdings in shares of ADT by 124.6% in the third quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business’s stock valued at $314,954,000 after purchasing an additional 20,062,625 shares during the last quarter. Vanguard Group Inc. raised its position in shares of ADT by 42.7% in the third quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock valued at $564,918,000 after purchasing an additional 19,413,112 shares during the period. LSV Asset Management lifted its stake in shares of ADT by 97.1% during the 2nd quarter. LSV Asset Management now owns 24,727,193 shares of the security and automation business’s stock worth $209,439,000 after buying an additional 12,182,009 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of ADT by 179.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 13,693,517 shares of the security and automation business’s stock worth $115,984,000 after buying an additional 8,796,249 shares during the period. Institutional investors own 87.22% of the company’s stock.
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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