Asset Management One Co. Ltd. Purchases New Stake in ADT Inc. $ADT

Asset Management One Co. Ltd. purchased a new position in shares of ADT Inc. (NYSE:ADTFree Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 168,178 shares of the security and automation business’s stock, valued at approximately $1,465,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new stake in ADT during the 3rd quarter valued at approximately $25,000. GAMMA Investing LLC grew its holdings in ADT by 69.5% in the 2nd quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock worth $27,000 after buying an additional 1,329 shares in the last quarter. Osaic Holdings Inc. lifted its holdings 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 worth $37,000 after purchasing an additional 1,240 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of ADT during the second quarter valued at approximately $50,000. Finally, Farther Finance Advisors LLC boosted its stake in ADT by 944.0% during the third quarter. Farther Finance Advisors LLC now owns 5,930 shares of the security and automation business’s stock valued at $52,000 after buying an additional 5,362 shares in the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.

ADT Stock Performance

ADT stock opened at $8.26 on Friday. ADT Inc. has a twelve month low of $6.78 and a twelve month high of $8.94. The company has a quick ratio of 0.54, a current ratio of 0.67 and a debt-to-equity ratio of 1.99. The company has a market cap of $6.77 billion, a P/E ratio of 11.96 and a beta of 0.94. The business’s fifty day moving average is $8.12 and its 200-day moving average is $8.43.

ADT (NYSE:ADTGet Free Report) last released its quarterly earnings data on Friday, April 22nd. The security and automation business reported ($0.12) EPS for the quarter. ADT had a net margin of 12.52% and a return on equity of 18.96%. The company had revenue of $1.31 billion during the quarter. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. Equities research analysts forecast that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $0.22 annualized dividend and a yield of 2.7%. ADT’s dividend payout ratio (DPR) is presently 31.88%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Zacks Research lowered ADT from a “hold” rating to a “strong sell” rating in a research note on Friday, December 19th. Weiss Ratings reissued a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. Wall Street Zen cut ADT from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Morgan Stanley lowered their price objective on ADT from $9.50 to $9.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, ADT has an average rating of “Hold” and a consensus price target of $9.25.

Get Our Latest Analysis on ADT

About ADT

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ADT (NYSE:ADT)

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