ADT Inc. (NYSE:ADT) Declares $0.06 Quarterly Dividend

ADT Inc. (NYSE:ADTGet Free Report) declared a quarterly dividend on Thursday, July 30th. Shareholders of record on Thursday, September 10th will be given a dividend of 0.055 per share by the security and automation business on Thursday, October 1st. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date is Thursday, September 10th.

ADT has increased its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 1 years. ADT has a dividend payout ratio of 23.7% indicating that its dividend is sufficiently covered by earnings. Research analysts expect ADT to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 24.4%.

ADT Price Performance

ADT traded up $0.12 during midday trading on Thursday, hitting $7.53. 10,899,992 shares of the company traded hands, compared to its average volume of 10,488,330. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94. The company has a market capitalization of $5.52 billion, a price-to-earnings ratio of 10.76 and a beta of 1.01. ADT has a 52-week low of $6.24 and a 52-week high of $8.94. The business has a 50 day simple moving average of $6.78 and a two-hundred day simple moving average of $7.11.

ADT (NYSE:ADTGet Free Report) last released its earnings results on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. ADT had a net margin of 12.12% and a return on equity of 19.23%. The business had revenue of $1.31 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter in the previous year, the company earned $0.23 earnings per share. The company’s quarterly revenue was up 1.9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, equities analysts forecast that ADT will post 0.87 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, EVP Kimberly Miller purchased 3,625 shares of ADT stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of $6.91 per share, for a total transaction of $25,048.75. Following the acquisition, the executive vice president directly owned 55,984 shares in the company, valued at approximately $386,849.44. The trade was a 6.92% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Omar Khan purchased 7,280 shares of ADT stock in a transaction dated Monday, May 11th. The shares were bought at an average price of $6.88 per share, for a total transaction of $50,086.40. Following the acquisition, the executive vice president owned 7,280 shares in the company, valued at approximately $50,086.40. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired 54,855 shares of company stock valued at $376,172 over the last 90 days. 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 company. Los Angeles Capital Management LLC purchased a new stake in shares of ADT in the 4th quarter valued at approximately $28,000. PNC Financial Services Group Inc. raised its position in shares of ADT by 151.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock valued at $33,000 after buying an additional 2,985 shares during the period. IFP Advisors Inc lifted its holdings 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 valued at $35,000 after acquiring an additional 3,782 shares during the last quarter. Osaic Holdings Inc. lifted its holdings 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 valued at $37,000 after acquiring an additional 1,240 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new position in ADT in the fourth quarter worth approximately $41,000. 87.22% of the stock is currently owned by institutional investors and hedge funds.

ADT Company Profile

(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.

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Dividend History for ADT (NYSE:ADT)

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