Fawad Ahmad Purchases 7,500 Shares of ADT (NYSE:ADT) Stock

ADT Inc. (NYSE:ADTGet Free Report) EVP Fawad Ahmad acquired 7,500 shares of the business’s stock in a transaction on Tuesday, May 12th. The stock was acquired at an average cost of $6.75 per share, with a total value of $50,625.00. Following the acquisition, the executive vice president directly owned 302,334 shares in the company, valued at approximately $2,040,754.50. This trade represents a 2.54% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link.

ADT Stock Performance

NYSE ADT traded up $0.02 during trading on Tuesday, reaching $6.81. The company’s stock had a trading volume of 12,548,145 shares, compared to its average volume of 11,360,394. 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 has a market capitalization of $5.39 billion, a price-to-earnings ratio of 9.72 and a beta of 1.06. ADT Inc. has a 12 month low of $6.25 and a 12 month high of $8.94. The firm has a 50 day moving average price of $6.84 and a 200 day moving average price of $7.67.

ADT (NYSE:ADTGet Free Report) last posted its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.21 by $0.02. ADT had a net margin of 12.12% and a return on equity of 19.23%. The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the previous year, the firm posted $0.21 EPS. The business’s revenue for the quarter was up .9% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, equities analysts anticipate that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th will be issued a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend is Thursday, June 11th. ADT’s dividend payout ratio is 31.43%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Zacks Research raised shares of ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. UBS Group set a $7.50 price target on shares of ADT in a report on Friday, May 1st. Citigroup cut their price target on shares of ADT from $10.00 to $8.50 and set a “buy” rating for the company in a report on Wednesday, March 4th. Barclays reaffirmed an “underweight” rating and set a $7.00 price target on shares of ADT in a report on Friday, March 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $10.40 price target on shares of ADT in a report on Monday, March 2nd. Two research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, ADT currently has an average rating of “Hold” and an average target price of $8.08.

Check Out Our Latest Stock Report on ADT

Hedge Funds Weigh In On ADT

A number of institutional investors have recently added to or reduced their stakes in ADT. Lingohr Asset Management GmbH acquired a new position in ADT in the 3rd quarter valued at approximately $4,564,000. Mitsubishi UFJ Trust & Banking Corp increased its position in shares of ADT by 6,218.9% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 161,194 shares of the security and automation business’s stock worth $1,404,000 after buying an additional 158,643 shares during the period. Alps Advisors Inc. lifted its stake in shares of ADT by 325.0% in the 3rd quarter. Alps Advisors Inc. now owns 647,605 shares of the security and automation business’s stock valued at $5,641,000 after purchasing an additional 495,218 shares during the period. Horizon Investment Services LLC bought a new position in shares of ADT during the 3rd quarter worth approximately $1,508,000. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of ADT by 164.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 768,196 shares of the security and automation business’s stock valued at $6,591,000 after acquiring an additional 477,602 shares in the last quarter. 87.22% of the stock is currently owned by institutional investors and hedge funds.

ADT Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for ADT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADT and related companies with MarketBeat.com's FREE daily email newsletter.