Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires Shares of 355,669 ADT Inc. $ADT

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in ADT Inc. (NYSE:ADT) in the fourth quarter, Holdings Channel reports. The fund acquired 355,669 shares of the security and automation business’s stock, valued at approximately $2,870,000.

A number of other hedge funds have also recently added to or reduced their stakes in ADT. IFP Advisors Inc grew its stake 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 valued at $35,000 after acquiring an additional 3,782 shares during the period. Osaic Holdings Inc. grew its stake in ADT by 39.9% in 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 during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. grew its stake in ADT by 20.6% in 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 during the period. Certified Advisory Corp acquired a new stake in ADT in the fourth quarter valued at approximately $81,000. Finally, HUB Investment Partners LLC acquired a new stake in ADT in the second quarter valued at approximately $86,000. Institutional investors and hedge funds own 87.22% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on ADT. Morgan Stanley reduced their price objective on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. Citigroup reduced their price objective on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. UBS Group set a $7.50 target price on ADT in a research report on Friday, May 1st. Finally, Barclays reaffirmed an “underweight” rating and set a $7.00 target price on shares of ADT in a research report on Friday, March 6th. Two research 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 MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $8.08.

Insider Activity at ADT

In related news, EVP Omar Khan bought 7,280 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were bought at an average price of $6.88 per share, with a total value of $50,086.40. Following the completion of the transaction, the executive vice president directly owned 7,280 shares in the company, valued at approximately $50,086.40. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Fawad Ahmad purchased 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The shares were acquired at an average price of $6.75 per share, for a total transaction of $50,625.00. Following the completion of the acquisition, the executive vice president directly owned 302,334 shares of the company’s stock, valued at $2,040,754.50. This trade represents a 2.54% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 62,155 shares of company stock valued at $425,228 over the last 90 days. Corporate insiders own 3.00% of the company’s stock.

ADT Stock Up 1.5%

Shares of NYSE:ADT opened at $6.98 on Thursday. The stock has a market cap of $5.52 billion, a price-to-earnings ratio of 9.96 and a beta of 1.06. The company has a quick ratio of 0.67, a current ratio of 0.84 and a debt-to-equity ratio of 1.94. 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 $6.83 and its 200 day moving average is $7.58.

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

ADT Announces Dividend

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

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.