Daniel Joseph Houston Purchases 36,450 Shares of ADT (NYSE:ADT) Stock

ADT Inc. (NYSE:ADT) Director Daniel Joseph Houston acquired 36,450 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average cost of $6.87 per share, with a total value of $250,411.50. Following the completion of the acquisition, the director directly owned 74,812 shares in the company, valued at approximately $513,958.44. This represents a 95.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

ADT Stock Performance

Shares of ADT stock opened at $6.83 on Thursday. ADT Inc. has a 12-month low of $6.25 and a 12-month high of $8.94. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 9.75 and a beta of 1.06. The business has a 50 day simple moving average of $6.81 and a 200 day simple moving average of $7.65. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.84 and a quick ratio of 0.67.

ADT (NYSE:ADT) last issued its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. ADT had a return on equity of 19.23% and a net margin of 12.12%.The business had revenue of $2.56 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same period in the prior year, the company 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. On average, equities research analysts anticipate that ADT Inc. will post 0.87 EPS for the current year.

ADT Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have issued reports on ADT. Barclays reaffirmed an “underweight” rating and set a $7.00 price target on shares of ADT in a research note on Friday, March 6th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $10.40 price target on shares of ADT in a research note on Monday, March 2nd. UBS Group set a $7.50 price target on ADT in a research note on Friday, May 1st. Morgan Stanley decreased their price target on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. Finally, Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, ADT currently has an average rating of “Hold” and a consensus price target of $8.08.

Institutional Investors Weigh In On ADT

Large investors have recently modified their holdings of the stock. Lingohr Asset Management GmbH purchased a new stake in shares of ADT in the third quarter valued at $4,564,000. Mitsubishi UFJ Trust & Banking Corp lifted its holdings in shares of ADT by 6,218.9% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 161,194 shares of the security and automation business’s stock valued at $1,404,000 after purchasing an additional 158,643 shares in the last quarter. Alps Advisors Inc. lifted its holdings in shares of ADT by 325.0% in the third 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 in the last quarter. Horizon Investment Services LLC purchased a new stake in shares of ADT in the third quarter valued at $1,508,000. Finally, Wealth Enhancement Advisory Services LLC lifted its holdings in shares of ADT by 164.4% in the third 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 purchasing an additional 477,602 shares in the last quarter. 87.22% of the stock is owned by institutional investors.

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.