AustralianSuper Pty Ltd Invests $14.24 Million in ADT Inc. $ADT

AustralianSuper Pty Ltd acquired a new stake in ADT Inc. (NYSE:ADT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,634,459 shares of the security and automation business’s stock, valued at approximately $14,236,000.

A number of other hedge funds have also recently bought and sold shares of the company. Allianz Asset Management GmbH raised its holdings in ADT by 2,089.4% in the second quarter. Allianz Asset Management GmbH now owns 14,638,575 shares of the security and automation business’s stock valued at $123,989,000 after buying an additional 13,969,976 shares during the period. Brighton Jones LLC increased its position in shares of ADT by 259.0% in the third quarter. Brighton Jones LLC now owns 202,940 shares of the security and automation business’s stock worth $1,768,000 after acquiring an additional 146,408 shares in the last quarter. Strs Ohio raised its stake in shares of ADT by 28.6% in the 2nd quarter. Strs Ohio now owns 262,825 shares of the security and automation business’s stock valued at $2,226,000 after acquiring an additional 58,476 shares during the period. Prudential Financial Inc. lifted its holdings in shares of ADT by 38.6% during the 2nd quarter. Prudential Financial Inc. now owns 1,571,444 shares of the security and automation business’s stock valued at $13,310,000 after acquiring an additional 437,380 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in ADT by 27.8% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 879,338 shares of the security and automation business’s stock worth $7,659,000 after purchasing an additional 191,139 shares during the period. Institutional investors and hedge funds own 87.22% of the company’s stock.

Wall Street Analysts Forecast Growth

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

ADT Stock Up 1.7%

Shares of ADT stock opened at $8.09 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 $6.63 billion, a PE ratio of 11.72 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 business has a 50-day moving average of $8.11 and a 200-day moving average of $8.40.

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, beating analysts’ consensus estimates of $0.22 by $0.01. ADT had a return on equity of 18.96% and a net margin of 12.52%.The firm had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.29 billion. During the same quarter in the prior year, the business posted $0.20 earnings per share. ADT’s revenue for the quarter was up 4.3% on a year-over-year basis. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. As a group, equities analysts forecast that ADT Inc. will post 0.7 EPS for the current fiscal year.

ADT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th were given a dividend of $0.055 per share. The ex-dividend date of this dividend was Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.7%. 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.