Omar Khan Purchases 7,280 Shares of ADT (NYSE:ADT) Stock

ADT Inc. (NYSE:ADT) EVP Omar Khan acquired 7,280 shares of the stock in a transaction dated Monday, May 11th. The stock was acquired at an average price of $6.88 per share, with a total value of $50,086.40. Following the completion of the acquisition, the executive vice president owned 7,280 shares in the company, valued at approximately $50,086.40. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

ADT Trading Up 0.2%

NYSE:ADT traded up $0.02 during midday trading on Tuesday, reaching $6.81. 12,548,145 shares of the stock traded hands, compared to its average volume of 11,360,394. The company has a fifty day moving average of $6.84 and a 200 day moving average of $7.67. ADT Inc. has a 12 month low of $6.25 and a 12 month high of $8.94. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.67 and a current ratio of 0.84. The stock has a market capitalization of $5.39 billion, a P/E ratio of 9.72 and a beta of 1.06.

ADT (NYSE:ADT) last posted its quarterly earnings results on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. ADT had a net margin of 12.12% and a return on equity of 19.23%. The company had revenue of $2.56 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the business posted $0.21 EPS. The firm’s revenue was up .9% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, research analysts predict that ADT Inc. will post 0.87 EPS for the current year.

ADT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date is Thursday, June 11th. ADT’s dividend payout ratio is currently 31.43%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Morgan Stanley reduced their price objective 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. Citigroup reduced their price objective on shares of ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Barclays reissued an “underweight” rating and set a $7.00 price objective on shares of ADT in a research report on Friday, March 6th. The Goldman Sachs Group reissued a “buy” rating and set a $10.40 price objective on shares of ADT in a research report on Monday, March 2nd. Finally, Zacks Research raised shares of ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $8.08.

Institutional Trading of ADT

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. grew its position in shares of ADT by 42.7% in the 3rd quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock worth $564,918,000 after buying an additional 19,413,112 shares during the period. AQR Capital Management LLC grew its position in shares of ADT by 24.3% in the 4th quarter. AQR Capital Management LLC now owns 44,938,803 shares of the security and automation business’s stock worth $361,308,000 after buying an additional 8,778,704 shares during the period. Dimensional Fund Advisors LP grew its position in shares of ADT by 9.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 39,887,288 shares of the security and automation business’s stock worth $262,054,000 after buying an additional 3,529,422 shares during the period. LSV Asset Management grew its position in shares of ADT by 8.5% in the 4th quarter. LSV Asset Management now owns 27,837,737 shares of the security and automation business’s stock worth $224,651,000 after buying an additional 2,191,531 shares during the period. Finally, Norges Bank purchased a new stake in shares of ADT in the 4th quarter worth about $192,996,000. 87.22% of the stock is owned by hedge funds and other institutional investors.

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.