Squarepoint Ops LLC Sells 816,209 Shares of ADT Inc. $ADT

Squarepoint Ops LLC reduced its position in shares of ADT Inc. (NYSE:ADT) by 38.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,292,019 shares of the security and automation business’s stock after selling 816,209 shares during the period. Squarepoint Ops LLC’s holdings in ADT were worth $8,398,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of ADT. Los Angeles Capital Management LLC acquired a new position in ADT during the 4th quarter worth approximately $28,000. PNC Financial Services Group Inc. raised its holdings in shares of ADT by 151.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock valued at $33,000 after purchasing an additional 2,985 shares during the last quarter. IFP Advisors Inc raised its holdings in shares of ADT by 1,759.1% in the third 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 during the last quarter. Osaic Holdings Inc. lifted its position in shares of ADT by 39.9% in the second 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 in the last quarter. Finally, Fairscale Capital LLC acquired a new position in ADT during the fourth quarter worth $41,000. Institutional investors and hedge funds own 87.22% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ADT shares. Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th. BTIG Research began coverage on ADT in a report on Monday, August 17th. They issued a “neutral” rating for the company. Finally, Morgan Stanley lifted their target price on ADT from $7.50 to $7.75 and gave the company an “equal weight” rating in a research report on Friday, July 31st. Two analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, ADT has a consensus rating of “Hold” and a consensus target price of $8.23.

ADT Stock Down 0.6%

ADT opened at $7.01 on Friday. The stock’s fifty day simple moving average is $7.25 and its 200 day simple moving average is $6.99. ADT Inc. has a 1-year low of $6.24 and a 1-year high of $8.94. The stock has a market cap of $5.12 billion, a PE ratio of 9.87 and a beta of 1.02. The company has a current ratio of 0.69, a quick ratio of 0.52 and a debt-to-equity ratio of 2.14.

ADT (NYSE:ADT) last released its quarterly earnings data on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The firm had revenue of $1.31 billion for the quarter, compared to the consensus estimate of $1.29 billion. ADT had a net margin of 11.85% and a return on equity of 18.99%. The company’s quarterly revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. As a group, research analysts expect that ADT Inc. will post 0.9 earnings per share for the current year.

ADT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, September 10th. This represents a $0.22 annualized dividend and a yield of 3.1%. ADT’s dividend payout ratio (DPR) is 30.99%.

ADT Company 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.