Insider Buying: ADT (NYSE:ADT) Director Acquires $250,411.50 in Stock

ADT Inc. (NYSE:ADT) Director Daniel Joseph Houston acquired 36,450 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were bought at an average price of $6.87 per share, with a total value of $250,411.50. Following the transaction, the director directly owned 74,812 shares in the company, valued at approximately $513,958.44. The trade was a 95.02% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

ADT Price Performance

Shares of NYSE:ADT opened at $6.90 on Friday. ADT Inc. has a one year low of $6.25 and a one year high of $8.94. The stock has a fifty day moving average of $6.81 and a 200-day moving average of $7.63. The company has a market capitalization of $5.46 billion, a PE ratio of 9.86 and a beta of 1.06. The company has a debt-to-equity ratio of 1.94, a quick ratio of 0.67 and a current ratio of 0.84.

ADT (NYSE:ADT) last announced 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. The company had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.21 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, equities analysts anticipate that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Dividend Announcement

The firm 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 $0.055 dividend. The ex-dividend date is Thursday, June 11th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.2%. ADT’s dividend payout ratio is presently 31.43%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on ADT shares. Citigroup reduced 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. Barclays restated an “underweight” rating and issued a $7.00 target price on shares of ADT in a report on Friday, March 6th. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Finally, Morgan Stanley reduced their target price on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $8.08.

Hedge Funds Weigh In On ADT

Hedge funds have recently bought and sold shares of the business. Los Angeles Capital Management LLC acquired a new position in ADT during the fourth quarter worth $28,000. Quent Capital LLC acquired a new position in ADT during the third quarter worth $28,000. IFP Advisors Inc increased its position in ADT by 1,759.1% during the third quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after buying an additional 3,782 shares during the last quarter. WPG Advisers LLC increased its position in 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 buying an additional 1,440 shares during the last quarter. Finally, Osaic Holdings Inc. increased its position in ADT by 39.9% during the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after buying an additional 1,240 shares during the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

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.