ADT Inc. (NYSE:ADT – Get Free Report) has been given a consensus recommendation of “Hold” by the six research firms that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $8.08.
Several brokerages recently commented on ADT. Citigroup decreased their price target on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $10.40 price target on shares of ADT in a research note on Monday, March 2nd. Barclays reaffirmed an “underweight” rating and issued a $7.00 price target on shares of ADT in a research note on Friday, March 6th. Morgan Stanley decreased their price target on ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 3rd. Finally, UBS Group set a $7.50 price objective on ADT in a research note on Friday, May 1st.
Check Out Our Latest Report on ADT
ADT Price Performance
ADT (NYSE:ADT – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.21 by $0.02. The business had revenue of $2.56 billion for the quarter, compared to analyst estimates of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.ADT’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.21 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, analysts expect that ADT will post 0.87 earnings per share for the current fiscal year.
ADT Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Thursday, June 11th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a yield of 3.3%. ADT’s payout ratio is currently 31.43%.
Insiders Place Their Bets
In other ADT news, EVP Omar Khan acquired 7,280 shares of ADT stock in a transaction on Monday, May 11th. The shares were bought at an average price of $6.88 per share, with a total value of $50,086.40. Following the completion of the purchase, the executive vice president owned 7,280 shares in the company, valued at $50,086.40. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Fawad Ahmad acquired 7,500 shares of ADT stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of $6.75 per share, for a total transaction of $50,625.00. Following the purchase, the executive vice president owned 302,334 shares of the company’s stock, valued at approximately $2,040,754.50. This represents a 2.54% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 54,855 shares of company stock worth $376,172 in the last three months. Company insiders own 3.00% of the company’s stock.
Hedge Funds Weigh In On ADT
Institutional investors and hedge funds have recently bought and sold shares of the business. Los Angeles Capital Management LLC acquired a new position in ADT in the fourth quarter worth $28,000. IFP Advisors Inc boosted its stake in ADT by 1,759.1% in the third quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after purchasing an additional 3,782 shares in the last quarter. Osaic Holdings Inc. boosted its stake in 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 purchasing an additional 1,240 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in ADT by 151.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock worth $33,000 after purchasing an additional 2,985 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new position in ADT in the fourth quarter worth $41,000. Institutional investors and hedge funds 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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