Neo Ivy Capital Management Has $2.61 Million Stake in ADT Inc. $ADT

Neo Ivy Capital Management raised its position in ADT Inc. (NYSE:ADT) by 79.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 299,714 shares of the security and automation business’s stock after buying an additional 132,678 shares during the quarter. Neo Ivy Capital Management’s holdings in ADT were worth $2,611,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in ADT. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in shares of ADT by 20.6% during 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 acquiring an additional 1,213 shares in 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 purchasing an additional 1,240 shares in the last quarter. WPG Advisers LLC raised its position 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 purchasing an additional 1,440 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in ADT by 4.1% during the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 41,189 shares of the security and automation business’s stock worth $349,000 after purchasing an additional 1,607 shares during the last quarter. Finally, Panagora Asset Management Inc. lifted its stake 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 purchasing an additional 1,699 shares during the last quarter. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ADT has been the topic of a number of research analyst reports. Barclays reaffirmed an “underweight” rating and issued a $7.00 target price on shares of ADT in a report on Friday. Wall Street Zen downgraded ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $10.40 price objective on shares of ADT in a research note on Monday. Morgan Stanley decreased their target price on ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Finally, Citigroup lowered their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $8.38.

ADT Trading Down 2.8%

ADT opened at $6.55 on Friday. ADT Inc. has a twelve month low of $6.41 and a twelve month high of $8.94. The company has a fifty day moving average of $7.90 and a 200-day moving average of $8.25. The stock has a market cap of $5.37 billion, a PE ratio of 9.92 and a beta of 1.00. The company has a quick ratio of 0.54, a current ratio of 0.93 and a debt-to-equity ratio of 1.95.

ADT (NYSE:ADT) last released its earnings results on Monday, March 2nd. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. ADT’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.20 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, sell-side analysts predict that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Thursday, March 12th will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Thursday, March 12th. ADT’s payout ratio 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.