ADT Inc. $ADT Shares Bought by Alliancebernstein L.P.

Alliancebernstein L.P. grew its holdings in shares of ADT Inc. (NYSE:ADT) by 7.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 17,513,451 shares of the security and automation business’s stock after buying an additional 1,167,374 shares during the period. Alliancebernstein L.P. owned 2.14% of ADT worth $152,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Norges Bank bought a new position in ADT in the 2nd quarter worth approximately $219,825,000. AQR Capital Management LLC boosted its position 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 acquiring an additional 20,062,625 shares during the period. Vanguard Group Inc. boosted its position 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 acquiring an additional 19,413,112 shares during the period. LSV Asset Management grew its stake in shares of ADT by 97.1% in the second quarter. LSV Asset Management now owns 24,727,193 shares of the security and automation business’s stock worth $209,439,000 after purchasing an additional 12,182,009 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of ADT by 179.6% in the second quarter. Arrowstreet Capital Limited Partnership now owns 13,693,517 shares of the security and automation business’s stock worth $115,984,000 after purchasing an additional 8,796,249 shares in the last quarter. 87.22% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ADT. Citigroup reduced their price objective on shares of ADT from $10.00 to $8.50 and set a “buy” rating for the company in a report on Wednesday, March 4th. Morgan Stanley lowered their target price on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 3rd. Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. Barclays reaffirmed an “underweight” rating and issued a $7.00 price target on shares of ADT in a research note on Friday, March 6th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $10.40 price objective on shares of ADT in a research note on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $8.38.

ADT Price Performance

NYSE:ADT opened at $6.55 on Tuesday. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 1.95. The business’s 50-day moving average price is $7.71 and its 200 day moving average price is $8.15. ADT Inc. has a 52-week low of $6.25 and a 52-week high of $8.94. The firm has a market cap of $5.37 billion, a P/E ratio of 9.92 and a beta of 1.00.

ADT (NYSE:ADT) last issued 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. ADT had a net margin of 11.60% and a return on equity of 19.16%. The company had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same period in the prior year, the company earned $0.20 EPS. ADT’s revenue was up 1.3% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, sell-side analysts predict that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Thursday, March 12th will be issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Thursday, March 12th. ADT’s dividend payout ratio (DPR) is presently 33.33%.

Insider Transactions at ADT

In other ADT news, EVP David A. Scott purchased 7,300 shares of the firm’s stock in a transaction on Thursday, March 5th. The shares were purchased at an average price of $6.72 per share, for a total transaction of $49,056.00. Following the completion of the transaction, the executive vice president owned 7,300 shares in the company, valued at $49,056. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 2.70% of the company’s stock.

ADT Profile

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.