ADT Inc. (NYSE:ADT – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $7.85 and traded as low as $6.96. ADT shares last traded at $6.9950, with a volume of 5,634,432 shares traded.
Analyst Ratings Changes
Several research analysts have issued reports on ADT shares. Barclays reaffirmed an “underweight” rating and set a $7.00 price objective on shares of ADT in a report on Friday, March 6th. Citigroup reduced their price objective on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Morgan Stanley reduced their price objective on ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ADT in a report on Monday, December 29th. Finally, Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $8.38.
Get Our Latest Analysis on ADT
ADT Stock Performance
ADT (NYSE:ADT – Get Free Report) last posted its quarterly earnings results on Monday, March 2nd. The security and automation business reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The company had revenue of $2.55 billion for the quarter, compared to the consensus estimate of $1.30 billion. ADT had a return on equity of 19.16% and a net margin of 11.60%.The firm’s quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.20 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Analysts predict that ADT Inc. will post 0.7 EPS for the current year.
ADT Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Stockholders of record on Thursday, March 12th were paid a $0.055 dividend. The ex-dividend date of this dividend was Thursday, March 12th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.1%. ADT’s dividend payout ratio is 33.33%.
Insider Buying and Selling at ADT
In related news, EVP David A. Scott purchased 7,300 shares of the business’s stock in a transaction dated Thursday, March 5th. The shares were bought at an average price of $6.72 per share, with a total value of $49,056.00. Following the purchase, the executive vice president directly owned 7,300 shares in the company, valued at $49,056. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. 2.70% of the stock is currently owned by company insiders.
Institutional Trading of ADT
Several hedge funds have recently added to or reduced their stakes in ADT. Norges Bank acquired a new stake in ADT during the 4th quarter worth $192,996,000. AQR Capital Management LLC raised its stake in ADT by 124.6% during the 3rd quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business’s stock worth $314,954,000 after buying an additional 20,062,625 shares during the period. Vanguard Group Inc. raised its stake in ADT by 42.7% during the 3rd quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock worth $564,918,000 after buying an additional 19,413,112 shares during the period. Wasatch Advisors LP acquired a new stake in ADT during the 4th quarter worth $56,927,000. Finally, Zimmer Partners LP raised its stake in ADT by 164.8% during the 3rd quarter. Zimmer Partners LP now owns 8,077,811 shares of the security and automation business’s stock worth $70,358,000 after buying an additional 5,026,754 shares during the period. Institutional investors and hedge funds 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.
Featured Articles
Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.com's FREE daily email newsletter.
