Magnetar Financial LLC Purchases 211,932 Shares of ADT Inc. $ADT

Magnetar Financial LLC grew its holdings in shares of ADT Inc. (NYSE:ADT) by 1,480.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 226,248 shares of the security and automation business’s stock after buying an additional 211,932 shares during the period. Magnetar Financial LLC’s holdings in ADT were worth $1,971,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. NewEdge Advisors LLC raised its holdings in ADT by 503.0% during the first quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock worth $108,000 after buying an additional 11,077 shares during the last quarter. Caxton Associates LLP bought a new position in ADT during the 1st quarter valued at $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in ADT by 29.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,154,250 shares of the security and automation business’s stock valued at $9,396,000 after acquiring an additional 262,480 shares in the last quarter. Focus Partners Wealth grew its stake in shares of ADT by 75.9% in the 1st quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock worth $442,000 after acquiring an additional 23,463 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in ADT in the 2nd quarter worth about $93,000. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have commented on ADT shares. Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Citigroup lowered their price target on shares of ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. Morgan Stanley decreased their price objective 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, Barclays reiterated an “underweight” rating and issued a $7.00 target price on shares of ADT in a research note on Friday, March 6th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, ADT presently has an average rating of “Hold” and a consensus target price of $8.38.

ADT Stock Down 2.9%

ADT stock opened at $6.37 on Friday. ADT Inc. has a fifty-two week low of $6.25 and a fifty-two week high of $8.94. The company has a market capitalization of $5.22 billion, a price-to-earnings ratio of 9.65 and a beta of 1.00. The business’s 50 day moving average price is $7.78 and its two-hundred day moving average price is $8.19. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.73 and a current ratio of 0.93.

ADT (NYSE:ADT) 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, beating 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%.The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, analysts forecast that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.055 per share. The ex-dividend date is Thursday, March 12th. This represents a $0.22 annualized dividend and a yield of 3.5%. ADT’s dividend payout ratio is currently 33.33%.

Insiders Place Their Bets

In related news, EVP David A. Scott bought 7,300 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were bought at an average price 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.70% of the stock is currently owned by company insiders.

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.