ADT (NYSE:ADT) Earns “Underweight” Rating from Barclays

ADT (NYSE:ADT)‘s stock had its “underweight” rating reiterated by investment analysts at Barclays in a report issued on Friday, Marketbeat reports. They currently have a $7.00 price target on the security and automation business’ stock. Barclays‘s target price would suggest a potential upside of 6.87% from the stock’s previous close.

Other analysts also recently issued research reports about the company. Wall Street Zen downgraded ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Citigroup lowered their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research report on Wednesday. The Goldman Sachs Group restated a “buy” rating and issued a $10.40 price target on shares of ADT in a research report on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Finally, Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, ADT currently has an average rating of “Hold” and a consensus target price of $8.38.

ADT Stock Down 2.8%

ADT opened at $6.55 on Friday. The company has a market capitalization of $5.37 billion, a PE ratio of 9.92 and a beta of 1.00. The firm has a 50-day simple moving average of $7.90 and a two-hundred day simple moving average of $8.25. The company has a quick ratio of 0.54, a current ratio of 0.93 and a debt-to-equity ratio of 1.95. ADT has a 52 week low of $6.41 and a 52 week high of $8.94.

ADT (NYSE:ADT) last issued its earnings results on Monday, March 2nd. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. The firm had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $1.30 billion. ADT had a return on equity of 19.16% and a net margin of 11.60%.The business’s revenue was up 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Analysts forecast that ADT will post 0.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Vanguard Group Inc. increased its position in shares of ADT by 42.7% during the third quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock worth $564,918,000 after acquiring an additional 19,413,112 shares during the period. AQR Capital Management LLC boosted its holdings in shares of ADT by 24.3% in the fourth quarter. AQR Capital Management LLC now owns 44,938,803 shares of the security and automation business’s stock valued at $361,308,000 after purchasing an additional 8,778,704 shares during the period. Dimensional Fund Advisors LP grew its stake in ADT by 7.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 36,357,866 shares of the security and automation business’s stock worth $293,405,000 after purchasing an additional 2,376,977 shares in the last quarter. LSV Asset Management increased its holdings in ADT by 8.5% during the 4th quarter. LSV Asset Management now owns 27,837,737 shares of the security and automation business’s stock worth $224,651,000 after purchasing an additional 2,191,531 shares during the period. Finally, Norges Bank bought a new stake in ADT during the 2nd quarter valued at $219,825,000. Institutional investors own 87.22% 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.