Jain Global LLC Decreases Holdings in ADT Inc. $ADT

Jain Global LLC trimmed its holdings in shares of ADT Inc. (NYSE:ADT) by 17.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,123,600 shares of the security and automation business’s stock after selling 232,437 shares during the period. Jain Global LLC’s holdings in ADT were worth $9,787,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Harbor Capital Advisors Inc. bought a new stake in ADT in the third quarter worth about $25,000. Quent Capital LLC bought a new position in shares of ADT during the 3rd quarter valued at approximately $28,000. WPG Advisers LLC increased its stake in shares of ADT by 54.3% during the 3rd quarter. WPG Advisers LLC now owns 4,091 shares of the security and automation business’s stock worth $36,000 after purchasing an additional 1,440 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of ADT by 39.9% during the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock worth $37,000 after purchasing an additional 1,240 shares during the last quarter. Finally, Bfsg LLC raised its holdings in shares of ADT by 400.0% in the 3rd quarter. Bfsg LLC now owns 5,000 shares of the security and automation business’s stock worth $44,000 after purchasing an additional 4,000 shares during the period. 87.22% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

ADT has been the topic of several research analyst reports. Citigroup dropped their price objective on ADT from $10.00 to $8.50 and set a “buy” rating on the stock in a research note on Wednesday, March 4th. The Goldman Sachs Group restated a “buy” rating and issued a $10.40 target price on shares of ADT in a research note on Monday, March 2nd. Zacks Research upgraded ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Barclays reissued an “underweight” rating and issued a $7.00 price objective on shares of ADT in a report on Friday, March 6th. Finally, Morgan Stanley lowered their price objective on ADT from $9.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 3rd. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, ADT presently has an average rating of “Hold” and a consensus target price of $8.38.

Insider Activity at ADT

In other news, EVP David A. Scott bought 7,300 shares of the firm’s stock in a transaction that occurred on Thursday, March 5th. The shares were acquired at an average price of $6.72 per share, with a total value of $49,056.00. Following the acquisition, the executive vice president owned 7,300 shares of the company’s stock, valued at approximately $49,056. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 2.70% of the company’s stock.

ADT Price Performance

ADT stock opened at $6.55 on Tuesday. The firm has a market capitalization of $5.37 billion, a P/E ratio of 9.92 and a beta of 1.00. ADT Inc. has a one year low of $6.25 and a one year high of $8.94. 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 business has a fifty day moving average price of $7.71 and a 200-day moving average price of $8.15.

ADT (NYSE:ADT) last released its quarterly earnings data on Monday, March 2nd. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.20 by $0.03. The company had revenue of $2.55 billion for the quarter, compared to analyst estimates of $1.30 billion. ADT had a return on equity of 19.16% and a net margin of 11.60%.During the same period in the previous year, the company posted $0.20 EPS. The firm’s revenue for the quarter was up 1.3% 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 0.7 EPS for the current year.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Stockholders of record on Thursday, March 12th will be given a $0.055 dividend. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Thursday, March 12th. ADT’s dividend payout ratio (DPR) is 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.