Jefferies Financial Group Inc. Decreases Position in ADT Inc. $ADT

Jefferies Financial Group Inc. decreased its position in ADT Inc. (NYSE:ADT) by 50.2% during the 3rd quarter, Holdings Channel reports. The firm owned 204,532 shares of the security and automation business’s stock after selling 206,554 shares during the quarter. Jefferies Financial Group Inc.’s holdings in ADT were worth $1,781,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in shares of ADT during the 2nd quarter worth $219,825,000. Vanguard Group Inc. grew its stake in ADT by 42.7% in the 3rd quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock valued at $564,918,000 after acquiring an additional 19,413,112 shares during the last quarter. LSV Asset Management grew its stake in ADT by 97.1% in the 2nd quarter. LSV Asset Management now owns 24,727,193 shares of the security and automation business’s stock valued at $209,439,000 after acquiring an additional 12,182,009 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in ADT by 179.6% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 13,693,517 shares of the security and automation business’s stock valued at $115,984,000 after acquiring an additional 8,796,249 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in ADT by 22.7% during the 2nd quarter. AQR Capital Management LLC now owns 16,097,474 shares of the security and automation business’s stock valued at $135,702,000 after acquiring an additional 2,978,376 shares in the last quarter. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on ADT shares. The Goldman Sachs Group restated a “buy” rating and set a $10.40 target price on shares of ADT in a research report on Monday, March 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of ADT in a research note on Monday, December 29th. Morgan Stanley cut their price objective on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 3rd. Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Finally, Citigroup lowered their target price on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a report on Wednesday, March 4th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $8.38.

Insider Activity

In other ADT news, EVP David A. Scott acquired 7,300 shares of the firm’s stock in a transaction dated Thursday, March 5th. The shares were acquired at an average price of $6.72 per share, for a total transaction of $49,056.00. Following the completion of the acquisition, the executive vice president directly owned 7,300 shares of the company’s stock, valued at $49,056. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.70% of the stock is owned by company insiders.

ADT Stock Performance

NYSE:ADT opened at $6.57 on Thursday. The firm has a 50 day simple moving average of $7.81 and a 200-day simple moving average of $8.21. The company has a debt-to-equity ratio of 1.95, a current ratio of 0.93 and a quick ratio of 0.73. The firm has a market cap of $5.39 billion, a PE ratio of 9.95 and a beta of 1.00. ADT Inc. has a 1-year low of $6.25 and a 1-year high of $8.94.

ADT (NYSE:ADT) last announced its earnings results 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 firm had revenue of $2.55 billion for the quarter, compared to analyst estimates of $1.30 billion. ADT had a net margin of 11.60% and a return on equity of 19.16%. ADT’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.20 earnings per share. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, equities analysts expect that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Thursday, March 12th will be paid a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend is Thursday, March 12th. ADT’s dividend payout ratio is currently 33.33%.

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.