ADT Inc. $ADT Shares Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lifted its position in ADT Inc. (NYSE:ADT) by 6,218.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 161,194 shares of the security and automation business’s stock after buying an additional 158,643 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in ADT were worth $1,404,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ADT. Allianz Asset Management GmbH lifted its stake in 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 worth $123,989,000 after acquiring an additional 13,969,976 shares during the last quarter. Brighton Jones LLC raised its holdings in shares of ADT by 259.0% in the 3rd quarter. Brighton Jones LLC now owns 202,940 shares of the security and automation business’s stock valued at $1,768,000 after purchasing an additional 146,408 shares in the last quarter. Strs Ohio raised its holdings in shares of ADT by 28.6% in the 2nd quarter. Strs Ohio now owns 262,825 shares of the security and automation business’s stock valued at $2,226,000 after purchasing an additional 58,476 shares in the last quarter. Prudential Financial Inc. lifted its position in shares of ADT by 38.6% during the 2nd quarter. Prudential Financial Inc. now owns 1,571,444 shares of the security and automation business’s stock worth $13,310,000 after purchasing an additional 437,380 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of ADT by 27.8% during the third quarter. Robeco Institutional Asset Management B.V. now owns 879,338 shares of the security and automation business’s stock worth $7,659,000 after purchasing an additional 191,139 shares in the last quarter. Institutional investors and hedge funds own 87.22% of the company’s stock.

ADT Stock Down 1.1%

Shares of NYSE ADT opened at $7.99 on Friday. The business has a 50-day moving average price of $8.12 and a 200 day moving average price of $8.39. The stock has a market cap of $6.55 billion, a PE ratio of 11.58 and a beta of 0.94. The company has a quick ratio of 0.54, a current ratio of 0.67 and a debt-to-equity ratio of 1.99. ADT Inc. has a 52-week low of $7.28 and a 52-week high of $8.94.

ADT (NYSE:ADT) last issued its quarterly earnings data 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 company had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.29 billion. ADT had a return on equity of 18.96% and a net margin of 12.52%.The firm’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter 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. Equities research analysts forecast that ADT Inc. will post 0.7 earnings per share for the current year.

ADT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 8th. Investors of record on Thursday, December 11th were paid a dividend of $0.055 per share. The ex-dividend date was Thursday, December 11th. This represents a $0.22 dividend on an annualized basis and a yield of 2.8%. ADT’s dividend payout ratio is currently 31.88%.

Wall Street Analyst Weigh In

ADT has been the topic of a number of analyst reports. Morgan Stanley cut their price target on ADT from $9.50 to $9.00 and set an “equal weight” rating on the stock in a research note on Wednesday, December 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. Zacks Research downgraded ADT from a “hold” rating to a “strong sell” rating in a report on Friday, December 19th. Finally, Wall Street Zen lowered shares of ADT from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. One investment analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, ADT currently has an average rating of “Hold” and an average price target of $9.25.

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.