ADT (NYSE:ADT) Sets New 1-Year Low – What’s Next?

ADT Inc. (NYSE:ADT) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.24 and last traded at $6.2950, with a volume of 4847829 shares traded. The stock had previously closed at $6.55.

Wall Street Analysts Forecast Growth

ADT has been the subject of a number of recent research reports. Morgan Stanley decreased their price target on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 3rd. The Goldman Sachs Group reiterated a “buy” rating and set a $10.40 price objective on shares of ADT in a report on Monday, March 2nd. Barclays reissued an “underweight” rating and set a $7.00 target price on shares of ADT in a research report on Friday, March 6th. UBS Group set a $7.50 target price on shares of ADT in a report on Friday, May 1st. Finally, Citigroup dropped their price target on shares of ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a research report on Wednesday, March 4th. Two investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $8.08.

ADT Price Performance

The firm has a market capitalization of $4.98 billion, a PE ratio of 8.99 and a beta of 1.01. The business has a 50-day moving average of $6.90 and a 200 day moving average of $7.33. The company has a current ratio of 0.84, a quick ratio of 0.67 and a debt-to-equity ratio of 1.94.

ADT (NYSE:ADT) last issued its quarterly earnings data 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 return on equity of 19.23% and a net margin of 12.12%.The business had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the business earned $0.21 EPS. The business’s revenue was up .9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. As a group, research analysts anticipate that ADT Inc. will post 0.87 EPS for the current fiscal year.

ADT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be issued a dividend of $0.055 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.22 annualized dividend and a yield of 3.5%. ADT’s payout ratio is 31.43%.

Insider Activity

In other news, Director Daniel Joseph Houston acquired 36,450 shares of ADT stock in a transaction on Friday, May 8th. The stock was acquired at an average cost of $6.87 per share, with a total value of $250,411.50. Following the transaction, the director owned 74,812 shares of the company’s stock, valued at approximately $513,958.44. This trade represents a 95.02% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kimberly Miller acquired 3,625 shares of the firm’s stock in a transaction on Thursday, May 14th. The stock was purchased at an average price of $6.91 per share, with a total value of $25,048.75. Following the purchase, the executive vice president owned 55,984 shares in the company, valued at approximately $386,849.44. The trade was a 6.92% increase in their position. The SEC filing for this purchase provides additional information. Over the last quarter, insiders acquired 54,855 shares of company stock valued at $376,172. 3.00% of the stock is currently owned by company insiders.

Institutional Trading of ADT

A number of hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC grew its stake in ADT by 503.0% in the 1st quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business’s stock valued at $108,000 after purchasing an additional 11,077 shares during the period. Caxton Associates LLP bought a new stake in shares of ADT during the 1st quarter worth $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of ADT by 29.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,154,250 shares of the security and automation business’s stock worth $9,396,000 after buying an additional 262,480 shares during the last quarter. Focus Partners Wealth boosted its holdings in shares of ADT by 75.9% in the 1st quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock worth $442,000 after buying an additional 23,463 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new position in ADT during the second quarter valued at about $93,000. 87.22% of the stock is currently owned by institutional investors.

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.