Blair William & Co. IL Has $722,000 Stock Position in Alarm.com Holdings, Inc. $ALRM

Blair William & Co. IL raised its holdings in Alarm.com Holdings, Inc. (NASDAQ:ALRM) by 2.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,762 shares of the software maker’s stock after buying an additional 290 shares during the quarter. Blair William & Co. IL’s holdings in Alarm.com were worth $722,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its holdings in Alarm.com by 2.3% in the 1st quarter. Principal Financial Group Inc. now owns 271,379 shares of the software maker’s stock valued at $15,102,000 after buying an additional 6,078 shares during the last quarter. Bessemer Group Inc. grew its holdings in Alarm.com by 304.6% in the 1st quarter. Bessemer Group Inc. now owns 708 shares of the software maker’s stock valued at $39,000 after buying an additional 533 shares during the last quarter. Robeco Institutional Asset Management B.V. acquired a new stake in Alarm.com in the 1st quarter valued at approximately $241,000. GAMMA Investing LLC grew its holdings in Alarm.com by 87.9% in the 1st quarter. GAMMA Investing LLC now owns 1,964 shares of the software maker’s stock valued at $109,000 after buying an additional 919 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its holdings in Alarm.com by 44.3% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 57,623 shares of the software maker’s stock valued at $3,260,000 after buying an additional 17,680 shares during the last quarter. Institutional investors and hedge funds own 91.74% of the company’s stock.

Alarm.com Price Performance

Alarm.com stock opened at $50.59 on Friday. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.95 and a quick ratio of 1.82. The company has a market capitalization of $2.52 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 2.55 and a beta of 1.04. Alarm.com Holdings, Inc. has a one year low of $48.23 and a one year high of $70.06. The business has a 50 day simple moving average of $54.86 and a 200 day simple moving average of $55.23.

Alarm.com (NASDAQ:ALRM) last posted its earnings results on Thursday, August 7th. The software maker reported $0.60 EPS for the quarter, topping the consensus estimate of $0.52 by $0.08. The business had revenue of $254.31 million during the quarter, compared to the consensus estimate of $243.96 million. Alarm.com had a return on equity of 13.84% and a net margin of 13.27%.Alarm.com’s revenue was up 8.8% on a year-over-year basis. During the same quarter last year, the company earned $0.58 EPS. Alarm.com has set its FY 2025 guidance at 2.400-2.400 EPS. On average, sell-side analysts forecast that Alarm.com Holdings, Inc. will post 1.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ALRM has been the topic of several recent research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Alarm.com in a report on Wednesday, October 8th. Zacks Research lowered Alarm.com from a “strong-buy” rating to a “hold” rating in a report on Monday. One research analyst has rated the stock with a Strong Buy rating, one has issued 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 a consensus rating of “Hold” and an average target price of $62.60.

Alarm.com Company Profile

Alarm.com Holdings, Inc provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.