Teachers Retirement System of The State of Kentucky Makes New Investment in ADT Inc. $ADT

Teachers Retirement System of The State of Kentucky purchased a new stake in shares of ADT Inc. (NYSE:ADT) during the 1st quarter, according to the company in its most recent filing with the SEC. The fund purchased 126,000 shares of the security and automation business’s stock, valued at approximately $828,000.

Other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC acquired a new position in shares of ADT in the fourth quarter worth about $1,238,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of ADT in the fourth quarter worth approximately $2,870,000. Norges Bank acquired a new stake in ADT during the 4th quarter worth $192,996,000. Geode Capital Management LLC boosted its position in ADT by 5.6% during the fourth quarter. Geode Capital Management LLC now owns 10,906,341 shares of the security and automation business’s stock worth $88,030,000 after acquiring an additional 577,013 shares during the last quarter. Finally, Louisiana State Employees Retirement System purchased a new stake in shares of ADT in the first quarter valued at approximately $1,480,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, UBS Group set a $7.50 price target on shares of ADT in a report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, ADT presently has a consensus rating of “Hold” and an average price target of $8.08.

Insider Activity at ADT

In other news, EVP Fawad Ahmad bought 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was purchased at an average cost of $6.75 per share, with a total value of $50,625.00. Following the transaction, the executive vice president directly owned 302,334 shares in the company, valued at $2,040,754.50. This trade represents a 2.54% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Daniel Joseph Houston purchased 36,450 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were acquired at an average price of $6.87 per share, with a total value of $250,411.50. Following the purchase, the director owned 74,812 shares in the company, valued at $513,958.44. This trade represents a 95.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last three months, insiders have purchased 54,855 shares of company stock worth $376,172. Insiders own 3.00% of the company’s stock.

ADT Stock Up 4.5%

ADT stock opened at $7.08 on Friday. ADT Inc. has a fifty-two week low of $6.24 and a fifty-two week high of $8.94. The company’s 50 day moving average price is $6.75 and its 200 day moving average price is $7.17. 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 firm has a market capitalization of $5.19 billion, a price-to-earnings ratio of 10.11 and a beta of 1.01.

ADT (NYSE:ADT) last posted its 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 firm 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 revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.21 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, equities research analysts anticipate that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th were given a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Thursday, June 11th. ADT’s payout ratio is currently 31.43%.

ADT 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.