ADT Inc. (NYSE:ADT) Receives $8.08 Consensus Price Target from Brokerages

Shares of ADT Inc. (NYSE:ADT) have been assigned an average rating of “Hold” from the six analysts that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $8.08.

A number of brokerages have recently issued reports on ADT. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. The Goldman Sachs Group reiterated a “buy” rating and set a $10.40 target price on shares of ADT in a report on Monday, March 2nd. Citigroup decreased their target price on ADT from $10.00 to $8.50 and set a “buy” rating for the company in a report on Wednesday, March 4th. UBS Group set a $7.50 target price on ADT in a report on Friday, May 1st. Finally, Barclays reiterated an “underweight” rating and set a $7.00 target price on shares of ADT in a report on Friday, March 6th.

ADT Trading Down 1.6%

NYSE ADT opened at $6.69 on Thursday. ADT has a 12 month low of $6.25 and a 12 month high of $8.94. The company has a 50-day moving average of $6.92 and a 200-day moving average of $7.41. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.84 and a quick ratio of 0.67. The company has a market cap of $5.30 billion, a P/E ratio of 9.56 and a beta of 1.02.

ADT (NYSE:ADT) last posted its quarterly earnings data on Thursday, April 30th. The security and automation business reported $0.23 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 company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the company posted $0.21 EPS. The company’s quarterly revenue 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 predict that ADT will post 0.87 earnings per share for the current year.

ADT Announces Dividend

The company also recently announced 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. The ex-dividend date is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.3%. ADT’s payout ratio is presently 31.43%.

Insider Transactions at ADT

In other news, EVP Fawad Ahmad bought 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average price of $6.75 per share, for a total transaction of $50,625.00. Following the acquisition, the executive vice president owned 302,334 shares of the company’s stock, valued at $2,040,754.50. This trade represents a 2.54% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Kimberly Miller bought 3,625 shares of the firm’s stock in a transaction dated Thursday, May 14th. The shares were purchased at an average price of $6.91 per share, with a total value of $25,048.75. Following the acquisition, the executive vice president directly owned 55,984 shares in the company, valued at approximately $386,849.44. This trade represents a 6.92% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired a total of 54,855 shares of company stock worth $376,172 over the last 90 days. Company insiders own 3.00% of the company’s stock.

Hedge Funds Weigh In On ADT

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. boosted its holdings in ADT by 42.7% in the 3rd 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 period. AQR Capital Management LLC boosted its holdings in ADT by 24.3% in the 4th quarter. AQR Capital Management LLC now owns 44,938,803 shares of the security and automation business’s stock worth $361,308,000 after acquiring an additional 8,778,704 shares during the period. Dimensional Fund Advisors LP boosted its holdings in ADT by 9.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 39,887,288 shares of the security and automation business’s stock worth $262,054,000 after acquiring an additional 3,529,422 shares during the period. LSV Asset Management boosted its holdings in ADT by 8.5% in the 4th quarter. LSV Asset Management now owns 27,837,737 shares of the security and automation business’s stock worth $224,651,000 after acquiring an additional 2,191,531 shares during the period. Finally, Norges Bank purchased a new position in ADT in the 4th quarter worth approximately $192,996,000. Hedge funds and other institutional investors own 87.22% of the company’s stock.

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.