Key Points
- ADT EVP Kimberly Miller bought 3,625 shares at an average price of $6.91, totaling $25,048.75, increasing her holdings by 6.92% to 55,984 shares.
- ADT shares rose 2.1% and opened at $6.98, with the stock trading near its 50-day moving average but below its 200-day moving average.
- The company recently beat quarterly earnings expectations, posting $0.23 EPS versus $0.21 expected, and it also announced a quarterly dividend of $0.055 per share payable July 7.
ADT Inc. (NYSE:ADT - Get Free Report) EVP Kimberly Miller acquired 3,625 shares of the company's stock in a transaction that occurred on Thursday, May 14th. The shares were bought at an average price of $6.91 per share, with a total value of $25,048.75. Following the transaction, the executive vice president owned 55,984 shares in the company, valued at $386,849.44. This represents a 6.92% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
ADT Trading Up 2.1%
ADT stock opened at $6.98 on Tuesday. The stock has a market cap of $5.52 billion, a PE ratio of 9.96 and a beta of 1.06. The stock has a 50-day moving average price of $6.81 and a 200 day moving average price of $7.61. ADT Inc. has a 52 week low of $6.25 and a 52 week high of $8.94. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94.
ADT (NYSE:ADT - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.02. The firm had revenue of $2.56 billion during the quarter, compared to analysts' expectations of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.The firm's quarterly revenue was up .9% compared to the same quarter last year. During the same quarter last year, the business posted $0.21 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Equities research analysts predict that ADT Inc. will post 0.87 earnings per share for the current fiscal year.
ADT Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Thursday, June 11th will be issued a $0.055 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.22 annualized dividend and a yield of 3.2%. ADT's payout ratio is 31.43%.
Analyst Ratings Changes
ADT has been the subject of several recent analyst reports. The Goldman Sachs Group restated a "buy" rating and issued a $10.40 price target on shares of ADT in a report on Monday, March 2nd. Barclays restated an "underweight" rating and issued a $7.00 price target on shares of ADT in a report on Friday, March 6th. UBS Group set a $7.50 price target on ADT in a report on Friday, May 1st. Citigroup lowered their price target on ADT from $10.00 to $8.50 and set a "buy" rating for the company in a report on Wednesday, March 4th. Finally, Zacks Research upgraded ADT from a "strong sell" rating to a "hold" rating in a report on Monday, February 16th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $8.08.
Check Out Our Latest Research Report on ADT
Hedge Funds Weigh In On ADT
Hedge funds and other institutional investors have recently modified their holdings of the company. Los Angeles Capital Management LLC acquired a new position in shares of ADT in the 4th quarter valued at about $28,000. Quent Capital LLC acquired a new position in shares of ADT in the 3rd quarter valued at about $28,000. IFP Advisors Inc lifted its stake in shares of ADT by 1,759.1% in the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business's stock valued at $35,000 after purchasing an additional 3,782 shares in the last quarter. WPG Advisers LLC lifted its stake in shares of ADT by 54.3% in the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business's stock valued at $36,000 after purchasing an additional 1,440 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its stake in shares of ADT by 39.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business's stock valued at $37,000 after purchasing an additional 1,240 shares in the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.
ADT Company Profile
(
Get 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.
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