David Scott Buys 7,300 Shares of ADT (NYSE:ADT) Stock

ADT Inc. (NYSE:ADTGet Free Report) EVP David Scott bought 7,300 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were purchased at an average cost of $6.72 per share, for a total transaction of $49,056.00. Following the completion of the acquisition, the executive vice president owned 7,300 shares of the company’s stock, valued at $49,056. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

ADT Price Performance

Shares of NYSE ADT opened at $6.63 on Wednesday. ADT Inc. has a twelve month low of $6.25 and a twelve month high of $8.94. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $5.44 billion, a price-to-earnings ratio of 10.05 and a beta of 1.00. The firm has a 50-day moving average of $7.84 and a two-hundred day moving average of $8.22.

ADT (NYSE:ADTGet Free Report) last announced its quarterly earnings data on Monday, March 2nd. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. ADT had a net margin of 11.60% and a return on equity of 19.16%. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $1.30 billion. During the same quarter in the previous year, the company posted $0.20 EPS. The business’s revenue was up 1.3% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, analysts expect that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 12th will be given a $0.055 dividend. The ex-dividend date is Thursday, March 12th. This represents a $0.22 annualized dividend and a yield of 3.3%. ADT’s payout ratio is 33.33%.

Analyst Upgrades and Downgrades

ADT has been the subject of several research reports. Weiss Ratings reissued a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Citigroup reduced their price objective on shares of ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Morgan Stanley dropped their target price on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 3rd. Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Finally, Barclays reaffirmed an “underweight” rating and issued a $7.00 price objective on shares of ADT in a research note on Friday, March 6th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $8.38.

View Our Latest Stock Report on ADT

Institutional Investors Weigh In On ADT

A number of institutional investors have recently bought and sold shares of the business. Lingohr Asset Management GmbH acquired a new stake in shares of ADT during the 3rd quarter valued at about $4,564,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings in ADT by 6,218.9% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 161,194 shares of the security and automation business’s stock worth $1,404,000 after buying an additional 158,643 shares during the last quarter. Brighton Jones LLC raised its position in ADT by 259.0% during the third quarter. Brighton Jones LLC now owns 202,940 shares of the security and automation business’s stock valued at $1,768,000 after acquiring an additional 146,408 shares in the last quarter. Alps Advisors Inc. grew its position in ADT by 325.0% in the third quarter. Alps Advisors Inc. now owns 647,605 shares of the security and automation business’s stock worth $5,641,000 after acquiring an additional 495,218 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of ADT by 27.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 879,338 shares of the security and automation business’s stock worth $7,659,000 after purchasing an additional 191,139 shares during the last quarter. 87.22% of the stock is currently owned by institutional investors and hedge funds.

About ADT

(Get Free Report)

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.

Further Reading

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