Omar Khan Acquires 7,280 Shares of ADT (NYSE:ADT) Stock

ADT Inc. (NYSE:ADTGet Free Report) EVP Omar Khan purchased 7,280 shares of the firm’s stock in a transaction on Monday, May 11th. The shares were acquired at an average price of $6.88 per share, with a total value of $50,086.40. Following the purchase, the executive vice president directly owned 7,280 shares in the company, valued at $50,086.40. This represents a ? increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

ADT Stock Performance

Shares of ADT stock opened at $6.83 on Thursday. The firm has a market capitalization of $5.40 billion, a PE ratio of 9.75 and a beta of 1.06. The firm has a fifty day simple moving average of $6.81 and a two-hundred day simple moving average of $7.65. 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 Inc. has a 12 month low of $6.25 and a 12 month high of $8.94.

ADT (NYSE:ADTGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $1.27 billion. ADT had a net margin of 12.12% and a return on equity of 19.23%. ADT’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.21 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Analysts forecast that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th will be paid a $0.055 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.22 annualized dividend and a dividend yield of 3.2%. ADT’s dividend payout ratio is presently 31.43%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on ADT. Morgan Stanley reduced their price target on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Barclays restated an “underweight” rating and set a $7.00 price target on shares of ADT in a research report on Friday, March 6th. Citigroup reduced their price target on shares of ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research report on Wednesday, March 4th. UBS Group set a $7.50 price target on shares of ADT in a research report on Friday, May 1st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $10.40 price target on shares of ADT in a research report on Monday, March 2nd. Two equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $8.08.

View Our Latest Stock Report on ADT

Institutional Investors Weigh In On ADT

Several institutional investors have recently added to or reduced their stakes in ADT. Norges Bank purchased a new stake in ADT during the fourth quarter valued at about $192,996,000. AQR Capital Management LLC lifted its holdings in ADT by 124.6% during the third quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business’s stock valued at $314,954,000 after purchasing an additional 20,062,625 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of 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 valued at $564,918,000 after purchasing an additional 19,413,112 shares during the period. Wasatch Advisors LP purchased a new stake in ADT during the 4th quarter worth about $56,927,000. Finally, Zimmer Partners LP lifted its holdings 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 purchasing an additional 5,026,754 shares in the last quarter. 87.22% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

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