Lingohr Asset Management GmbH Makes New $4.56 Million Investment in ADT Inc. $ADT

Lingohr Asset Management GmbH acquired a new stake in shares of ADT Inc. (NYSE:ADT) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 523,940 shares of the security and automation business’s stock, valued at approximately $4,564,000. Lingohr Asset Management GmbH owned 0.06% of ADT at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Allianz Asset Management GmbH lifted its holdings in shares of ADT by 2,089.4% in the second quarter. Allianz Asset Management GmbH now owns 14,638,575 shares of the security and automation business’s stock valued at $123,989,000 after purchasing an additional 13,969,976 shares in the last quarter. Brighton Jones LLC grew its holdings in ADT by 259.0% during the third quarter. Brighton Jones LLC now owns 202,940 shares of the security and automation business’s stock worth $1,768,000 after buying an additional 146,408 shares in the last quarter. Strs Ohio raised its position in ADT by 28.6% in the 2nd quarter. Strs Ohio now owns 262,825 shares of the security and automation business’s stock valued at $2,226,000 after buying an additional 58,476 shares during the last quarter. Prudential Financial Inc. lifted its stake in ADT by 38.6% during the 2nd quarter. Prudential Financial Inc. now owns 1,571,444 shares of the security and automation business’s stock valued at $13,310,000 after acquiring an additional 437,380 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in ADT by 27.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 879,338 shares of the security and automation business’s stock worth $7,659,000 after acquiring an additional 191,139 shares during the last quarter. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ADT. Zacks Research downgraded shares of ADT from a “hold” rating to a “strong sell” rating in a report on Friday, December 19th. Weiss Ratings reissued a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. Morgan Stanley cut their target price on ADT from $9.50 to $9.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Finally, Wall Street Zen downgraded ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One investment analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, ADT presently has a consensus rating of “Hold” and a consensus target price of $9.25.

ADT Stock Down 1.1%

ADT stock opened at $7.99 on Friday. The firm has a 50 day moving average price of $8.12 and a 200-day moving average price of $8.39. The company has a quick ratio of 0.54, a current ratio of 0.67 and a debt-to-equity ratio of 1.99. ADT Inc. has a twelve month low of $7.28 and a twelve month high of $8.94. The company has a market capitalization of $6.55 billion, a P/E ratio of 11.58 and a beta of 0.94.

ADT (NYSE:ADT) last issued its quarterly earnings results on Tuesday, November 4th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.01. ADT had a net margin of 12.52% and a return on equity of 18.96%. The company had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same quarter last year, the business posted $0.20 EPS. ADT’s quarterly revenue was up 4.3% compared to the same quarter last year. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. As a group, equities analysts predict that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th were paid a dividend of $0.055 per share. The ex-dividend date was Thursday, December 11th. This represents a $0.22 annualized dividend and a dividend yield of 2.8%. ADT’s dividend payout ratio is presently 31.88%.

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.