Jupiter Asset Management Ltd. Buys New Position in ADT Inc. $ADT

Jupiter Asset Management Ltd. bought a new stake in ADT Inc. (NYSE:ADT) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 621,036 shares of the security and automation business’s stock, valued at approximately $5,012,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC raised its stake in ADT by 5.6% in the 4th quarter. Geode Capital Management LLC now owns 10,906,341 shares of the security and automation business’s stock valued at $88,030,000 after purchasing an additional 577,013 shares during the last quarter. Jackson Creek Investment Advisors LLC raised its stake in ADT by 22.5% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 275,149 shares of the security and automation business’s stock valued at $2,220,000 after purchasing an additional 50,529 shares during the last quarter. Kestra Investment Management LLC raised its stake in ADT by 15.4% in the 4th quarter. Kestra Investment Management LLC now owns 306,255 shares of the security and automation business’s stock valued at $2,471,000 after purchasing an additional 40,761 shares during the last quarter. Legal & General Group Plc raised its stake in ADT by 0.3% in the 4th quarter. Legal & General Group Plc now owns 501,861 shares of the security and automation business’s stock valued at $4,050,000 after purchasing an additional 1,445 shares during the last quarter. Finally, Catalyst Funds Management Pty Ltd raised its stake in ADT by 46.7% in the 4th quarter. Catalyst Funds Management Pty Ltd now owns 29,200 shares of the security and automation business’s stock valued at $236,000 after purchasing an additional 9,300 shares during the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on ADT shares. Citigroup cut their target price on shares of ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday, March 4th. The Goldman Sachs Group reissued a “buy” rating and issued a $10.40 target price on shares of ADT in a research note on Monday, March 2nd. Morgan Stanley dropped their price objective on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. Zacks Research raised shares of ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Finally, Barclays reaffirmed an “underweight” rating and set a $7.00 price objective on shares of ADT in a research note on Friday, March 6th. Two equities 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 stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $8.08.

Insider Buying and Selling at ADT

In other news, EVP David A. Scott bought 7,300 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was acquired at an average price of $6.72 per share, for a total transaction of $49,056.00. Following the acquisition, the executive vice president owned 7,300 shares of the company’s stock, valued at $49,056. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Fawad Ahmad purchased 7,500 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was bought at an average price of $6.75 per share, with a total value of $50,625.00. Following the acquisition, the executive vice president owned 302,334 shares in the company, valued at $2,040,754.50. This trade represents a 2.54% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. In the last ninety days, insiders have bought 62,155 shares of company stock worth $425,228. Company insiders own 3.00% of the company’s stock.

ADT Stock Down 1.2%

Shares of NYSE:ADT opened at $6.73 on Friday. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.67 and a current ratio of 0.84. ADT Inc. has a 1 year low of $6.25 and a 1 year high of $8.94. The stock has a market capitalization of $5.32 billion, a P/E ratio of 9.61 and a beta of 1.06. The stock has a 50-day simple moving average of $6.88 and a 200-day simple moving average of $7.52.

ADT (NYSE:ADT) last issued its earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. ADT had a return on equity of 19.23% and a net margin of 12.12%.The business had revenue of $2.56 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the business earned $0.21 EPS. The company’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. Equities analysts forecast that ADT Inc. will post 0.87 earnings per share for the current year.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.055 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.3%. 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.