Neo Ivy Capital Management Acquires 132,678 Shares of ADT Inc. $ADT

Neo Ivy Capital Management raised its holdings in ADT Inc. (NYSE:ADT) by 79.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 299,714 shares of the security and automation business’s stock after buying an additional 132,678 shares during the quarter. Neo Ivy Capital Management’s holdings in ADT were worth $2,611,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of ADT. Aptus Capital Advisors LLC bought a new stake in shares of ADT in the 3rd quarter valued at $118,000. Crossmark Global Holdings Inc. boosted its stake in ADT by 99.3% during the third quarter. Crossmark Global Holdings Inc. now owns 487,268 shares of the security and automation business’s stock worth $4,244,000 after acquiring an additional 242,800 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in ADT by 6.6% during the third quarter. Dimensional Fund Advisors LP now owns 33,980,889 shares of the security and automation business’s stock worth $295,980,000 after acquiring an additional 2,111,701 shares in the last quarter. Cresset Asset Management LLC acquired a new stake in ADT in the third quarter worth $432,000. Finally, AustralianSuper Pty Ltd acquired a new stake in ADT in the third quarter worth $14,236,000. 87.22% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Citigroup reduced their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday. Morgan Stanley decreased their target price on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research report on Tuesday. Wall Street Zen downgraded ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of ADT in a report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $8.38.

ADT Stock Down 2.8%

ADT opened at $6.55 on Friday. ADT Inc. has a fifty-two week low of $6.41 and a fifty-two week high of $8.94. The firm has a market capitalization of $5.37 billion, a P/E ratio of 9.92 and a beta of 1.00. The company’s 50-day moving average is $7.90 and its 200 day moving average is $8.25. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.93 and a quick ratio of 0.54.

ADT (NYSE:ADT) last issued its quarterly earnings data on Monday, March 2nd. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The business had revenue of $2.55 billion during the quarter, compared to the consensus estimate of $1.30 billion. ADT had a net margin of 11.60% and a return on equity of 19.16%. The firm’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.20 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Research analysts expect that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Thursday, March 12th will be issued a $0.055 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $0.22 annualized dividend and a dividend yield of 3.4%. ADT’s dividend payout ratio is currently 33.33%.

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.