JPMorgan Chase & Co. Acquires 109,261 Shares of ADT Inc. $ADT

JPMorgan Chase & Co. boosted its holdings in shares of ADT Inc. (NYSE:ADT) by 18.6% in the third quarter, according to its most recent filing with the SEC. The firm owned 697,479 shares of the security and automation business’s stock after acquiring an additional 109,261 shares during the period. JPMorgan Chase & Co.’s holdings in ADT were worth $6,076,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of ADT by 20.6% in the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,099 shares of the security and automation business’s stock worth $62,000 after purchasing an additional 1,213 shares during the last quarter. Osaic Holdings Inc. increased 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 purchasing an additional 1,240 shares during the last quarter. WPG Advisers LLC lifted its stake in ADT by 54.3% in the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after buying an additional 1,440 shares during the period. F m Investments LLC lifted its stake in ADT by 0.7% in the third quarter. F m Investments LLC now owns 239,027 shares of the security and automation business’s stock valued at $2,082,000 after buying an additional 1,602 shares during the period. Finally, Panagora Asset Management Inc. boosted its holdings in ADT by 2.7% during the second quarter. Panagora Asset Management Inc. now owns 63,978 shares of the security and automation business’s stock worth $542,000 after buying an additional 1,699 shares during the last quarter. Institutional investors own 87.22% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. The Goldman Sachs Group reissued a “buy” rating and set a $10.40 price objective on shares of ADT in a research note on Monday, March 2nd. Barclays restated an “underweight” rating and set a $7.00 price objective on shares of ADT in a report on Friday, March 6th. Morgan Stanley lowered their target price on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. Finally, Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ADT currently has a consensus rating of “Hold” and an average target price of $8.38.

Insider Activity at ADT

In other news, EVP David A. Scott acquired 7,300 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average cost 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 in the company, valued at $49,056. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 2.70% of the stock is currently owned by company insiders.

ADT Stock Up 1.7%

ADT stock opened at $6.58 on Wednesday. The company has a 50 day moving average of $7.35 and a 200-day moving average of $7.99. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 1.95. ADT Inc. has a twelve month low of $6.25 and a twelve month high of $8.94. The stock has a market capitalization of $5.40 billion, a PE ratio of 9.97 and a beta of 1.00.

ADT (NYSE:ADT) last issued its quarterly earnings data on Monday, March 2nd. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The business had revenue of $2.55 billion for the quarter, compared to analyst estimates of $1.30 billion. ADT had a net margin of 11.60% and a return on equity of 19.16%. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period last year, the business posted $0.20 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 0.7 EPS for the current fiscal year.

ADT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 12th will be paid a $0.055 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.22 annualized dividend and a dividend yield of 3.3%. ADT’s dividend payout ratio (DPR) is currently 33.33%.

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.