ADT Inc. (NYSE:ADT) Receives Consensus Recommendation of “Hold” from Analysts

ADT Inc. (NYSE:ADT) has been given a consensus recommendation of “Hold” by the six brokerages that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $9.25.

A number of equities analysts have recently issued reports on the stock. Morgan Stanley cut their price target on shares of ADT from $9.50 to $9.00 and set an “equal weight” rating for the company in a report on Wednesday, December 17th. Weiss Ratings restated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. Wall Street Zen downgraded shares of ADT from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Zacks Research cut ADT from a “hold” rating to a “strong sell” rating in a report on Friday, December 19th.

Institutional Trading of ADT

Several institutional investors and hedge funds have recently modified their holdings of the business. Norges Bank acquired a new position in shares of ADT during the 2nd quarter worth approximately $219,825,000. AQR Capital Management LLC increased its position in ADT by 124.6% during the third quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business’s stock worth $314,954,000 after buying an additional 20,062,625 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of ADT by 42.7% in the third quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock worth $564,918,000 after acquiring an additional 19,413,112 shares during the last quarter. Allianz Asset Management GmbH lifted its position in shares of ADT by 2,089.4% in the second quarter. Allianz Asset Management GmbH now owns 14,638,575 shares of the security and automation business’s stock valued at $123,989,000 after acquiring an additional 13,969,976 shares in the last quarter. Finally, LSV Asset Management boosted its stake in shares of ADT by 97.1% during the second quarter. LSV Asset Management now owns 24,727,193 shares of the security and automation business’s stock valued at $209,439,000 after acquiring an additional 12,182,009 shares during the last quarter. Hedge funds and other institutional investors own 87.22% of the company’s stock.

ADT Stock Performance

NYSE ADT opened at $8.25 on Monday. The stock has a market capitalization of $6.76 billion, a price-to-earnings ratio of 11.96 and a beta of 0.94. The business’s 50 day moving average is $8.12 and its two-hundred day moving average is $8.42. ADT has a 12-month low of $7.19 and a 12-month high of $8.94. The company has a current ratio of 0.67, a quick ratio of 0.54 and a debt-to-equity ratio of 1.99.

ADT (NYSE:ADT) last posted its quarterly earnings results on Tuesday, November 4th. The security and automation business reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. ADT had a return on equity of 18.96% and a net margin of 12.52%.The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.20 earnings per share. ADT has set its FY 2025 guidance at 0.850-0.890 EPS. Research analysts expect that ADT will post 0.7 EPS for the current year.

ADT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Stockholders of record on Thursday, December 11th were given a $0.055 dividend. The ex-dividend date was Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.7%. ADT’s dividend payout ratio (DPR) is currently 31.88%.

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.