ADT Inc. $ADT Stake Raised by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System lifted its holdings in shares of ADT Inc. (NYSE:ADT) by 290.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 99,303 shares of the security and automation business’s stock after acquiring an additional 73,851 shares during the period. Maryland State Retirement & Pension System’s holdings in ADT were worth $652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. SG Americas Securities LLC acquired a new position in ADT during the 4th quarter worth $1,238,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of ADT during the fourth quarter valued at $2,870,000. Norges Bank acquired a new position in shares of ADT during the fourth quarter valued at $192,996,000. Geode Capital Management LLC increased its holdings in shares of ADT by 5.6% during the fourth quarter. Geode Capital Management LLC now owns 10,906,341 shares of the security and automation business’s stock valued at $88,030,000 after purchasing an additional 577,013 shares during the period. Finally, Louisiana State Employees Retirement System bought a new stake in shares of ADT during the first quarter valued at about $1,480,000. 87.22% of the stock is owned by institutional investors.

ADT Price Performance

NYSE ADT opened at $7.08 on Friday. ADT Inc. has a 12 month low of $6.24 and a 12 month high of $8.94. The firm has a market capitalization of $5.19 billion, a PE ratio of 10.11 and a beta of 1.01. The company’s 50 day simple moving average is $6.75 and its 200 day simple moving average is $7.17. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.84 and a quick ratio of 0.67.

ADT (NYSE:ADT) last released its earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. ADT had a return on equity of 19.23% and a net margin of 12.12%.The firm had revenue of $2.56 billion during the quarter, compared to the consensus estimate of $1.27 billion. During the same period in the prior year, the firm posted $0.21 earnings per share. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, equities research analysts forecast that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Thursday, June 11th were paid a dividend of $0.055 per share. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.22 annualized dividend and a yield of 3.1%. ADT’s dividend payout ratio (DPR) is currently 31.43%.

Insider Transactions at ADT

In other news, EVP Omar Khan bought 7,280 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were purchased at an average cost of $6.88 per share, with a total value of $50,086.40. Following the completion of the acquisition, the executive vice president directly owned 7,280 shares in the company, valued at approximately $50,086.40. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Daniel Joseph Houston purchased 36,450 shares of the company’s stock in a transaction on Friday, May 8th. The stock was acquired at an average price of $6.87 per share, for a total transaction of $250,411.50. Following the completion of the transaction, the director owned 74,812 shares of the company’s stock, valued at $513,958.44. This represents a 95.02% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders acquired 54,855 shares of company stock worth $376,172. Corporate insiders own 3.00% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, UBS Group set a $7.50 price objective on shares of ADT in a report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $8.08.

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.