Thrivent Financial for Lutherans Purchases 255,696 Shares of ADT Inc. $ADT

Thrivent Financial for Lutherans boosted its position in shares of ADT Inc. (NYSE:ADT) by 17.5% during the 4th quarter, HoldingsChannel reports. The firm owned 1,718,512 shares of the security and automation business’s stock after buying an additional 255,696 shares during the period. Thrivent Financial for Lutherans’ holdings in ADT were worth $13,869,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of ADT. Williams & Novak LLC bought a new position in shares of ADT during the 4th quarter worth $99,000. Allworth Financial LP raised its holdings in shares of ADT by 35.1% in the fourth quarter. Allworth Financial LP now owns 34,594 shares of the security and automation business’s stock valued at $279,000 after acquiring an additional 8,983 shares in the last quarter. Mainsail Asset Management LLC purchased a new stake in ADT in the fourth quarter worth about $104,000. Legacy Financial Advisors Inc. lifted its stake in ADT by 104.6% in the fourth quarter. Legacy Financial Advisors Inc. now owns 22,435 shares of the security and automation business’s stock worth $181,000 after acquiring an additional 11,470 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al grew its holdings in ADT by 2.9% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 139,150 shares of the security and automation business’s stock worth $1,123,000 after acquiring an additional 3,950 shares in the last quarter. 87.22% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ADT has been the subject of several recent research reports. Zacks Research upgraded shares of ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. UBS Group set a $7.50 price objective on shares of ADT in a research note on Friday, May 1st. Morgan Stanley cut their price objective on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 3rd. Citigroup lowered 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. Finally, Barclays reaffirmed an “underweight” rating and set a $7.00 target price on shares of ADT in a research report on Friday, March 6th. Two research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $8.08.

ADT Stock Up 2.1%

Shares of ADT stock opened at $6.98 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.84 and a debt-to-equity ratio of 1.94. The company has a market cap of $5.52 billion, a P/E ratio of 9.96 and a beta of 1.06. The firm’s 50 day moving average price is $6.81 and its 200-day moving average price is $7.61. ADT Inc. has a 52-week low of $6.25 and a 52-week high of $8.94.

ADT (NYSE:ADT) last announced its earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, beating the consensus estimate 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 period last year, the firm earned $0.21 earnings per share. ADT’s revenue was up .9% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, sell-side analysts predict that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th will be given a $0.055 dividend. The ex-dividend date of this dividend 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 (DPR) is presently 31.43%.

Insider Activity

In other ADT news, EVP Kimberly Miller purchased 3,625 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was bought at an average cost of $6.91 per share, for a total transaction of $25,048.75. Following the completion of the purchase, the executive vice president owned 55,984 shares in the company, valued at $386,849.44. This represents a 6.92% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Omar Khan purchased 7,280 shares of the stock in a transaction on Monday, May 11th. The stock was acquired at an average cost of $6.88 per share, with a total value of $50,086.40. Following the acquisition, the executive vice president owned 7,280 shares of the company’s stock, valued at approximately $50,086.40. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 62,155 shares of company stock worth $425,228 over the last quarter. Company insiders own 3.00% of the company’s stock.

ADT 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.