ADT Inc. (NYSE:ADT – Get Free Report) Director Daniel Joseph Houston purchased 36,450 shares of ADT stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of $6.87 per share, for a total transaction of $250,411.50. Following the transaction, the director directly owned 74,812 shares of the company’s stock, valued at $513,958.44. This trade represents a 95.02% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
ADT Trading Up 0.2%
Shares of NYSE ADT traded up $0.02 during midday trading on Tuesday, hitting $6.81. 12,548,145 shares of the company traded hands, compared to its average volume of 11,360,394. The firm has a market cap of $5.39 billion, a P/E ratio of 9.72 and a beta of 1.06. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.67 and a current ratio of 0.84. ADT Inc. has a 12-month low of $6.25 and a 12-month high of $8.94. The stock has a 50-day moving average price of $6.84 and a 200 day moving average price of $7.67.
ADT (NYSE:ADT – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $1.27 billion. ADT had a net margin of 12.12% and a return on equity of 19.23%. The business’s revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.21 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, analysts expect that ADT Inc. will post 0.87 earnings per share for the current year.
ADT Announces Dividend
Institutional Investors Weigh In On ADT
A number of institutional investors have recently made changes to their positions in ADT. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in ADT by 20.6% during the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,099 shares of the security and automation business’s stock valued at $62,000 after acquiring an additional 1,213 shares in the last quarter. Osaic Holdings Inc. grew its stake in ADT by 39.9% during 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 in the last quarter. WPG Advisers LLC grew its stake in ADT by 54.3% during the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after acquiring an additional 1,440 shares in the last quarter. Legal & General Group Plc grew its stake in ADT by 0.3% during the fourth quarter. Legal & General Group Plc now owns 501,861 shares of the security and automation business’s stock valued at $4,050,000 after acquiring an additional 1,445 shares in the last quarter. Finally, F m Investments LLC grew its stake in ADT by 0.7% during 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 acquiring an additional 1,602 shares in the last quarter. Hedge funds and other institutional investors own 87.22% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on ADT. Citigroup cut their price objective 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. UBS Group set a $7.50 price objective on shares of ADT in a report on Friday, May 1st. Barclays restated an “underweight” rating and issued a $7.00 price objective on shares of ADT in a report on Friday, March 6th. Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Finally, Morgan Stanley cut their price target on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, ADT has an average rating of “Hold” and an average price target of $8.08.
View Our Latest Stock Report on ADT
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.
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