Brokerages Set ADT Inc. (NYSE:ADT) Price Target at $8.38

Shares of ADT Inc. (NYSE:ADT) have been given an average rating of “Hold” by the seven research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $8.38.

Several research firms have weighed in on ADT. Weiss Ratings reiterated a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Citigroup cut their price target on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Barclays reaffirmed an “underweight” rating and issued a $7.00 target price on shares of ADT in a research report on Friday, March 6th. Morgan Stanley cut their price objective on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 3rd. Finally, Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a research report on Monday, February 16th.

Insider Activity

In other ADT news, EVP David A. Scott purchased 7,300 shares of the firm’s stock in a transaction dated Thursday, March 5th. The stock was bought at an average price of $6.72 per share, with a total value of $49,056.00. Following the completion of the purchase, the executive vice president owned 7,300 shares in the company, valued at $49,056. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.70% of the company’s stock.

Institutional Trading of ADT

A number of hedge funds and other institutional investors have recently made changes to their positions in ADT. NewEdge Advisors LLC lifted its position in ADT by 503.0% in the first quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock worth $108,000 after purchasing an additional 11,077 shares during the period. Caxton Associates LLP acquired a new stake in ADT in the 1st quarter valued at about $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of ADT by 29.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,154,250 shares of the security and automation business’s stock valued at $9,396,000 after purchasing an additional 262,480 shares in the last quarter. Focus Partners Wealth grew its stake in shares of ADT by 75.9% in the 1st quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock worth $442,000 after purchasing an additional 23,463 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in shares of ADT in the 2nd quarter worth approximately $93,000. 87.22% of the stock is currently owned by institutional investors.

ADT Stock Performance

Shares of ADT stock opened at $6.45 on Friday. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.73 and a current ratio of 0.93. ADT has a 1 year low of $6.25 and a 1 year high of $8.94. The firm’s 50-day simple moving average is $7.38 and its 200-day simple moving average is $8.00. The firm has a market cap of $5.29 billion, a PE ratio of 9.77 and a beta of 1.00.

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

ADT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 12th will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Thursday, March 12th. ADT’s payout ratio is 33.33%.

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.