ADT Inc. $ADT Stake Cut by Squarepoint Ops LLC

Squarepoint Ops LLC lessened its holdings in shares of ADT Inc. (NYSE:ADT) by 38.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,292,019 shares of the security and automation business’s stock after selling 816,209 shares during the quarter. Squarepoint Ops LLC owned approximately 0.18% of ADT worth $8,398,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in the stock. Los Angeles Capital Management LLC acquired a new stake in shares of ADT during the 4th quarter valued at about $28,000. IFP Advisors Inc increased its holdings in ADT by 1,759.1% in the third 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. raised its position 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. PNC Financial Services Group Inc. raised its position in ADT by 151.4% during the first quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock valued at $33,000 after acquiring an additional 2,985 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new stake in ADT in the fourth quarter valued at approximately $41,000. 87.22% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ADT has been the topic of several recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of ADT in a report on Wednesday, July 15th. BTIG Research started coverage on ADT in a report on Monday, August 17th. They set a “neutral” rating on the stock. Finally, Morgan Stanley upped their target price on ADT from $7.50 to $7.75 and gave the stock an “equal weight” rating in a research report on Friday, July 31st. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $8.23.

ADT Trading Down 0.6%

Shares of ADT stock opened at $7.01 on Friday. ADT Inc. has a 52-week low of $6.24 and a 52-week high of $8.94. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.69 and a quick ratio of 0.52. The firm has a market capitalization of $5.12 billion, a PE ratio of 9.87 and a beta of 1.02. The company’s fifty day moving average price is $7.25 and its two-hundred day moving average price is $6.99.

ADT (NYSE:ADT) last released its quarterly earnings data on Thursday, July 30th. The security and automation business reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. The company had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. ADT had a return on equity of 18.99% and a net margin of 11.85%.The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, analysts expect that ADT Inc. will post 0.9 EPS for the current year.

ADT Dividend Announcement

The company also recently announced 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. This represents a $0.22 annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Thursday, September 10th. ADT’s dividend payout ratio is presently 30.99%.

ADT 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.