Louisiana State Employees Retirement System Invests $1.48 Million in ADT Inc. $ADT

Louisiana State Employees Retirement System bought a new position in shares of ADT Inc. (NYSE:ADT) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 225,300 shares of the security and automation business’s stock, valued at approximately $1,480,000.

Several other hedge funds have also recently bought and sold shares of the business. SG Americas Securities LLC purchased a new stake in ADT during the fourth quarter worth approximately $1,238,000. Victory Capital Management Inc. raised its stake in shares of ADT by 14.0% in the 3rd quarter. Victory Capital Management Inc. now owns 3,887,387 shares of the security and automation business’s stock valued at $33,859,000 after acquiring an additional 477,490 shares during the period. Focus Partners Advisor Solutions LLC raised its stake in shares of ADT by 201.5% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 258,551 shares of the security and automation business’s stock valued at $2,148,000 after acquiring an additional 172,809 shares during the period. Aquatic Capital Management LLC lifted its holdings in shares of ADT by 203.2% during the 3rd quarter. Aquatic Capital Management LLC now owns 1,121,262 shares of the security and automation business’s stock valued at $9,766,000 after acquiring an additional 751,481 shares in the last quarter. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of ADT during the 4th quarter valued at $2,870,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Analyst Ratings Changes

ADT has been the subject of several recent research reports. UBS Group set a $7.50 price target on ADT in a report on Friday, May 1st. Barclays restated an “underweight” rating and set a $7.00 price objective on shares of ADT in a research note on Friday, March 6th. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $8.08.

ADT Trading Up 1.7%

NYSE ADT opened at $6.83 on Friday. The company’s fifty day simple moving average is $6.83 and its 200-day simple moving average is $7.27. ADT Inc. has a 52 week low of $6.24 and a 52 week high of $8.94. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94. The stock has a market cap of $5.41 billion, a P/E ratio of 9.76 and a beta of 1.01.

ADT (NYSE:ADT) last released its quarterly earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. ADT had a net margin of 12.12% and a return on equity of 19.23%. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the business earned $0.21 EPS. The business’s revenue was up .9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Equities research analysts predict that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Announces Dividend

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

Insiders Place Their Bets

In other ADT news, EVP Omar Khan purchased 7,280 shares of ADT stock in a transaction that occurred on Monday, May 11th. The stock was purchased at an average price of $6.88 per share, with a total value of $50,086.40. Following the completion of the acquisition, the executive vice president owned 7,280 shares of the company’s stock, valued at approximately $50,086.40. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Daniel Joseph Houston acquired 36,450 shares of the stock in a transaction on Friday, May 8th. The shares were acquired at an average price of $6.87 per share, with a total value of $250,411.50. Following the purchase, the director owned 74,812 shares in the company, valued at $513,958.44. This represents a 95.02% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 54,855 shares of company stock valued at $376,172 over the last ninety days. Insiders own 3.00% of the company’s stock.

About ADT

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.