Insider Buying: ADT (NYSE:ADT) EVP Acquires $50,086.40 in Stock

ADT Inc. (NYSE:ADT) EVP Omar Khan bought 7,280 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $6.88 per share, for a total transaction of $50,086.40. Following the completion of the transaction, the executive vice president directly owned 7,280 shares of the company’s stock, valued at $50,086.40. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website.

ADT Price Performance

NYSE:ADT opened at $6.90 on Friday. 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 $5.46 billion, a P/E ratio of 9.86 and a beta of 1.06. ADT Inc. has a 12 month low of $6.25 and a 12 month high of $8.94. The business’s 50-day moving average is $6.81 and its 200 day moving average is $7.63.

ADT (NYSE:ADT) last issued its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.02. ADT had a return on equity of 19.23% and a net margin of 12.12%.The company had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the firm posted $0.21 earnings per share. The firm’s revenue for the quarter was up .9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, equities research analysts forecast that ADT Inc. will post 0.87 earnings per share for the current fiscal year.

ADT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be issued a $0.055 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.2%. ADT’s payout ratio is presently 31.43%.

Institutional Trading of ADT

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quent Capital LLC purchased a new stake in shares of ADT during the 3rd quarter valued at $28,000. Los Angeles Capital Management LLC purchased a new stake in shares of ADT during the 4th quarter valued at $28,000. PNC Financial Services Group Inc. lifted its holdings 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 purchasing an additional 2,985 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of ADT by 1,759.1% during the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock valued at $35,000 after purchasing an additional 3,782 shares during the last quarter. Finally, WPG Advisers LLC lifted its holdings in shares of ADT by 54.3% during the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock valued at $36,000 after purchasing an additional 1,440 shares during the last quarter. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on ADT shares. Barclays reiterated an “underweight” rating and issued a $7.00 price target on shares of ADT in a report on Friday, March 6th. UBS Group set a $7.50 target price on ADT in a report on Friday, May 1st. The Goldman Sachs Group restated a “buy” rating and set a $10.40 target price on shares of ADT in a report on Monday, March 2nd. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Finally, Citigroup lowered their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a report on Wednesday, March 4th. Two analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, ADT presently has an average rating of “Hold” and an average price target of $8.08.

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.