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

Glenmede Trust Co. NA cut its holdings in shares of ADT Inc. (NYSE:ADT) by 84.2% during the 1st quarter, Holdings Channel.com reports. The firm 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 SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Los Angeles Capital Management LLC bought a new stake in shares of ADT in the fourth quarter worth $28,000. PNC Financial Services Group Inc. boosted its stake in ADT by 151.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock valued at $33,000 after acquiring an additional 2,985 shares during the last quarter. IFP Advisors Inc boosted its stake in ADT by 1,759.1% during the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock valued at $35,000 after acquiring an additional 3,782 shares during the last quarter. Osaic Holdings Inc. boosted its stake in ADT by 39.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after acquiring an additional 1,240 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in ADT during the 4th quarter worth $41,000. 87.22% of the stock is currently owned by hedge funds and other institutional investors.

ADT Stock Performance

Shares of NYSE ADT opened at $7.54 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 2.14. The firm’s 50-day moving average price is $6.91 and its two-hundred day moving average price is $7.08. ADT Inc. has a 52-week low of $6.24 and a 52-week high of $8.94. The stock has a market capitalization of $5.51 billion, a P/E ratio of 10.62 and a beta of 1.00.

ADT (NYSE:ADT) last posted its earnings results on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The company 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 business’s revenue was up 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. As a group, sell-side analysts forecast that ADT Inc. will post 0.87 earnings per share for the current year.

ADT Dividend Announcement

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

Insider Buying and Selling

In related news, EVP Kimberly Miller bought 3,625 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average cost of $6.91 per share, with a total value of $25,048.75. Following the completion of the transaction, the executive vice president directly owned 55,984 shares of the company’s stock, valued at approximately $386,849.44. This represents a 6.92% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. 3.00% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

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

ADT Company Profile

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.