Lingohr Asset Management GmbH Invests $4.56 Million in ADT Inc. $ADT

Lingohr Asset Management GmbH purchased a new stake in ADT Inc. (NYSE:ADT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 523,940 shares of the security and automation business’s stock, valued at approximately $4,564,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Harbor Capital Advisors Inc. bought a new stake in ADT during the 3rd quarter valued at $25,000. GAMMA Investing LLC grew its position in shares of ADT by 69.5% in the second quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after purchasing an additional 1,329 shares in the last quarter. Quent Capital LLC bought a new stake in shares of ADT during the 3rd quarter valued at $28,000. WPG Advisers LLC lifted its holdings in ADT by 54.3% during the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock worth $36,000 after purchasing an additional 1,440 shares in the last quarter. Finally, Osaic Holdings Inc. boosted its stake in ADT by 39.9% in the 2nd 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. 87.22% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

ADT Trading Down 1.1%

Shares of ADT opened at $7.99 on Friday. ADT Inc. has a 1-year low of $7.28 and a 1-year high of $8.94. The company has a market capitalization of $6.55 billion, a P/E ratio of 11.58 and a beta of 0.94. The company has a debt-to-equity ratio of 1.99, a current ratio of 0.67 and a quick ratio of 0.54. The firm’s 50 day simple moving average is $8.12 and its 200 day simple moving average is $8.39.

ADT (NYSE:ADT) last issued its quarterly earnings results on Tuesday, November 4th. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $1.30 billion for the quarter, compared to analyst estimates of $1.29 billion. ADT had a net margin of 12.52% and a return on equity of 18.96%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.20 EPS. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. Sell-side analysts forecast that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th were given a dividend of $0.055 per share. The ex-dividend date was Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a yield of 2.8%. ADT’s dividend payout ratio (DPR) is presently 31.88%.

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.