ADT Inc. $ADT Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA lowered its position in shares of ADT Inc. (NYSE:ADTFree Report) by 84.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 16,754 shares of the security and automation business’s stock after selling 89,309 shares during the quarter. Glenmede Trust Co. NA’s holdings in ADT were worth $110,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of ADT. Janus Henderson Group PLC lifted its stake in shares of ADT by 33.0% in the first quarter. Janus Henderson Group PLC now owns 3,387,488 shares of the security and automation business’s stock valued at $22,273,000 after purchasing an additional 840,819 shares during the period. Bull Harbor Capital LLC acquired a new stake in shares of ADT during the 1st quarter worth about $492,000. Amundi grew its stake in ADT by 144.5% in the 1st quarter. Amundi now owns 142,770 shares of the security and automation business’s stock worth $938,000 after acquiring an additional 84,371 shares during the period. California State Teachers Retirement System boosted its holdings in shares of ADT by 20.0% during the first quarter. California State Teachers Retirement System now owns 616,018 shares of the security and automation business’s stock worth $4,047,000 after purchasing an additional 102,846 shares during the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of ADT by 37.6% during the first quarter. Empowered Funds LLC now owns 1,711,580 shares of the security and automation business’s stock worth $11,245,000 after purchasing an additional 467,750 shares during the last quarter. 87.22% of the stock is owned by hedge funds and other institutional investors.

ADT Trading Down 1.3%

Shares of ADT opened at $7.54 on Tuesday. The stock’s 50-day moving average is $6.91 and its two-hundred day moving average is $7.08. The stock has a market cap of $5.51 billion, a PE ratio of 10.62 and a beta of 1.00. ADT Inc. has a 12 month low of $6.24 and a 12 month high of $8.94. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.69 and a quick ratio of 0.52.

ADT (NYSE:ADTGet Free Report) last posted its earnings results on Thursday, July 30th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. ADT had a return on equity of 18.99% and a net margin of 11.85%.The company’s revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. Equities analysts forecast that ADT Inc. will post 0.87 earnings per share for the current fiscal year.

ADT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Thursday, September 10th. ADT’s payout ratio is presently 30.99%.

Analysts Set New Price Targets

Several research firms recently commented on ADT. Weiss Ratings reiterated a “hold (c)” rating on shares of ADT in a research note on Wednesday, July 15th. UBS Group set a $7.50 price target on shares of ADT in a research report on Friday, May 1st. Finally, Morgan Stanley increased their price target on shares of ADT from $7.50 to $7.75 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. Two analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, ADT has an average rating of “Hold” and a consensus price target of $8.23.

Get Our Latest Research Report on ADT

Insider Buying and Selling at ADT

In other news, EVP Kimberly Miller bought 3,625 shares of the firm’s stock in a transaction dated Thursday, May 14th. The stock was acquired at an average cost of $6.91 per share, for a total transaction of $25,048.75. Following the completion of the purchase, the executive vice president owned 55,984 shares of the company’s stock, valued at $386,849.44. This trade represents a 6.92% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 3.00% of the company’s stock.

ADT Profile

(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.

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Institutional Ownership by Quarter for ADT (NYSE:ADT)

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