UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of ADT Inc. (NYSE:ADT – Free Report) by 8.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,718,798 shares of the security and automation business’s stock after acquiring an additional 132,616 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.24% of ADT worth $11,172,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC bought a new position in ADT in the 4th quarter worth about $28,000. PNC Financial Services Group Inc. grew its position in ADT by 151.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock worth $33,000 after purchasing an additional 2,985 shares during the period. IFP Advisors Inc boosted its stake in shares of ADT by 1,759.1% in the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after buying an additional 3,782 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of ADT by 39.9% in the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after acquiring an additional 1,240 shares during the period. Finally, Fairscale Capital LLC purchased a new stake in ADT during the fourth quarter valued at $41,000. 87.22% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
ADT has been the topic of a number of recent research reports. Morgan Stanley increased their target price on ADT from $7.50 to $7.75 and gave the company an “equal weight” rating in a report on Friday, July 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of ADT in a report on Wednesday, July 15th. Finally, BTIG Research started coverage on shares of ADT in a research report on Monday, August 17th. They set a “neutral” rating for the company. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, ADT presently has a consensus rating of “Hold” and an average target price of $8.23.
ADT Stock Up 0.3%
NYSE:ADT opened at $7.48 on Monday. The company’s 50-day simple moving average is $7.21 and its 200-day simple moving average is $7.00. The company has a debt-to-equity ratio of 2.14, a quick ratio of 0.52 and a current ratio of 0.69. ADT Inc. has a fifty-two week low of $6.24 and a fifty-two week high of $8.94. The stock has a market capitalization of $5.46 billion, a P/E ratio of 10.54 and a beta of 1.02.
ADT (NYSE:ADT – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. ADT had a return on equity of 18.99% and a net margin of 11.85%.The business’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 EPS. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, equities analysts anticipate that ADT Inc. will post 0.9 earnings per share for the current fiscal year.
ADT Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a $0.055 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.22 dividend on an annualized basis and a yield of 2.9%. ADT’s dividend payout ratio (DPR) is 30.99%.
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.
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