Kimberly Miller Purchases 3,625 Shares of ADT (NYSE:ADT) Stock

ADT Inc. (NYSE:ADTGet Free Report) EVP Kimberly Miller acquired 3,625 shares of ADT stock in a transaction that occurred on Thursday, May 14th. The stock was bought at an average price of $6.91 per share, for a total transaction of $25,048.75. Following the completion of the acquisition, the executive vice president owned 55,984 shares in the company, valued at $386,849.44. This trade represents a 6.92% increase in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

ADT Stock Down 1.4%

Shares of ADT opened at $6.89 on Wednesday. The firm has a market cap of $5.45 billion, a P/E ratio of 9.84 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 company’s 50-day moving average price is $6.82 and its 200 day moving average price is $7.59. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94.

ADT (NYSE:ADTGet Free Report) 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, beating the consensus estimate of $0.21 by $0.02. The firm had revenue of $2.56 billion for the quarter, compared to analyst estimates of $1.27 billion. ADT had a net margin of 12.12% and a return on equity of 19.23%. ADT’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.21 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, sell-side analysts forecast that ADT Inc. will post 0.87 earnings per share for the current year.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be issued a $0.055 dividend. This represents a $0.22 annualized dividend and a yield of 3.2%. The ex-dividend date is Thursday, June 11th. ADT’s payout ratio is 31.43%.

Hedge Funds Weigh In On ADT

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Janus Henderson Group PLC grew its position in shares of ADT by 33.0% during the first quarter. Janus Henderson Group PLC now owns 3,387,488 shares of the security and automation business’s stock worth $22,273,000 after buying an additional 840,819 shares in the last quarter. Bull Harbor Capital LLC acquired a new position in shares of ADT during the first quarter worth about $492,000. Amundi grew its position in shares of ADT by 144.5% during the first quarter. Amundi now owns 142,770 shares of the security and automation business’s stock worth $938,000 after buying an additional 84,371 shares in the last quarter. California State Teachers Retirement System grew its position 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 buying an additional 102,846 shares in the last quarter. Finally, Empowered Funds LLC grew its position 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 buying an additional 467,750 shares in the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ADT. Barclays reaffirmed an “underweight” rating and issued a $7.00 target price on shares of ADT in a research report on Friday, March 6th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $10.40 target price on shares of ADT in a research report on Monday, March 2nd. Citigroup dropped their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research report on Wednesday, March 4th. UBS Group set a $7.50 target price on ADT in a research report on Friday, May 1st. Finally, Morgan Stanley dropped 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, March 3rd. Two investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $8.08.

Check Out Our Latest Report on ADT

About ADT

(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.

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