Picton Mahoney Asset Management Has $944,000 Stock Holdings in ADT Inc. $ADT

Picton Mahoney Asset Management lowered its stake in ADT Inc. (NYSE:ADT) by 52.7% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 108,281 shares of the security and automation business’s stock after selling 120,703 shares during the period. Picton Mahoney Asset Management’s holdings in ADT were worth $944,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new stake in shares of ADT during the 3rd quarter valued at $25,000. Quent Capital LLC acquired a new stake in shares of ADT during the third quarter valued at about $28,000. WPG Advisers LLC grew its holdings in shares of ADT by 54.3% during the third quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock worth $36,000 after purchasing an additional 1,440 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of ADT by 39.9% in the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after buying an additional 1,240 shares during the period. Finally, Bfsg LLC increased its stake in shares of ADT by 400.0% in the third quarter. Bfsg LLC now owns 5,000 shares of the security and automation business’s stock valued at $44,000 after buying an additional 4,000 shares during the period. 87.22% of the stock is currently owned by institutional investors and hedge funds.

ADT Trading Down 2.8%

ADT opened at $6.55 on Friday. ADT Inc. has a 1-year low of $6.41 and a 1-year high of $8.94. The company has a current ratio of 0.93, a quick ratio of 0.54 and a debt-to-equity ratio of 1.95. The company has a market cap of $5.37 billion, a P/E ratio of 9.92 and a beta of 1.00. The company has a fifty day moving average price of $7.90 and a two-hundred day moving average price of $8.25.

ADT (NYSE:ADT) last released its quarterly earnings data on Monday, March 2nd. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.03. The company had revenue of $2.55 billion for the quarter, compared to analysts’ expectations of $1.30 billion. ADT had a net margin of 11.60% and a return on equity of 19.16%. The business’s revenue was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.20 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. Analysts predict that ADT Inc. will post 0.7 EPS for the current fiscal year.

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 12th will be paid a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Thursday, March 12th. ADT’s dividend payout ratio (DPR) is 33.33%.

Analyst Upgrades and Downgrades

Several research firms recently commented on ADT. Morgan Stanley cut their target price on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Wall Street Zen lowered shares of ADT from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. The Goldman Sachs Group reissued a “buy” rating and issued a $10.40 price objective on shares of ADT in a research note on Monday. Finally, Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $8.38.

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.