ADT Inc. (NYSE:ADT) to Issue $0.06 Quarterly Dividend

ADT Inc. (NYSE:ADT) announced a quarterly dividend on Thursday, July 30th. Stockholders of record on Thursday, September 10th will be paid a dividend of 0.055 per share by the security and automation business on Thursday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, September 10th.

ADT has raised its dividend by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. ADT has a dividend payout ratio of 23.7% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect ADT to earn $0.90 per share next year, which means the company should continue to be able to cover its $0.22 annual dividend with an expected future payout ratio of 24.4%.

ADT Trading Up 1.7%

Shares of ADT opened at $7.53 on Friday. ADT has a 1-year low of $6.24 and a 1-year 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. The firm’s 50-day moving average price is $6.79 and its 200-day moving average price is $7.10. The firm has a market capitalization of $5.52 billion, a price-to-earnings ratio of 10.76 and a beta of 1.01.

ADT (NYSE:ADT) last released its quarterly earnings results on Thursday, July 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. ADT had a net margin of 12.12% and a return on equity of 19.23%. The company had revenue of $1.31 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same period in the prior year, the firm earned $0.23 earnings per share. ADT’s revenue was up 1.9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. Sell-side analysts anticipate that ADT will post 0.87 EPS for the current year.

Insider Buying and Selling at ADT

In related news, EVP Fawad Ahmad purchased 7,500 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of $6.75 per share, for a total transaction of $50,625.00. Following the purchase, the executive vice president directly owned 302,334 shares of the company’s stock, valued at approximately $2,040,754.50. This represents a 2.54% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Daniel Joseph Houston acquired 36,450 shares of ADT stock in a transaction on Friday, May 8th. The shares were purchased at an average price of $6.87 per share, with a total value of $250,411.50. Following the completion of the purchase, the director owned 74,812 shares in the company, valued at $513,958.44. This represents a 95.02% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 54,855 shares of company stock worth $376,172 in the last ninety days. 3.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On ADT

Several hedge funds and other institutional investors have recently bought and sold shares of ADT. Wedge Capital Management L L P NC grew its stake in shares of ADT by 18.0% in the second quarter. Wedge Capital Management L L P NC now owns 2,442,795 shares of the security and automation business’s stock worth $15,878,000 after acquiring an additional 373,000 shares during the period. Wasatch Advisors LP boosted its holdings in ADT by 19.6% in the second quarter. Wasatch Advisors LP now owns 8,427,968 shares of the security and automation business’s stock worth $54,782,000 after purchasing an additional 1,382,292 shares during the last quarter. A&I Financial Services LLC boosted its holdings in ADT by 20.5% in the second quarter. A&I Financial Services LLC now owns 108,065 shares of the security and automation business’s stock worth $702,000 after purchasing an additional 18,377 shares during the last quarter. Valeo Financial Advisors LLC bought a new stake in ADT in the 2nd quarter worth approximately $68,000. Finally, GAMMA Investing LLC raised its stake in ADT by 129.6% during the 2nd quarter. GAMMA Investing LLC now owns 7,709 shares of the security and automation business’s stock valued at $50,000 after buying an additional 4,352 shares during the last quarter. Institutional investors 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.