Savant Capital LLC Sells 496,011 Shares of ADT Inc. $ADT

Savant Capital LLC reduced its stake in shares of ADT Inc. (NYSE:ADT) by 96.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 17,456 shares of the security and automation business’s stock after selling 496,011 shares during the quarter. Savant Capital LLC’s holdings in ADT were worth $141,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc lifted its holdings in shares of ADT by 1,759.1% during the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after acquiring an additional 3,782 shares during the last quarter. Osaic Holdings Inc. lifted its holdings 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 acquiring an additional 1,240 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. lifted its holdings in shares of ADT by 20.6% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 7,099 shares of the security and automation business’s stock worth $62,000 after acquiring an additional 1,213 shares during the last quarter. Certified Advisory Corp bought a new stake in shares of ADT during the 4th quarter worth $81,000. Finally, Global Retirement Partners LLC bought a new stake in shares of ADT during the 4th quarter worth $84,000. 87.22% of the stock is owned by institutional investors.

Insider Activity at ADT

In related news, Director Daniel Joseph Houston purchased 36,450 shares of ADT stock in a transaction that occurred on Friday, May 8th. The shares were bought 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 directly owned 74,812 shares of the company’s stock, valued at $513,958.44. This represents a 95.02% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Fawad Ahmad purchased 7,500 shares of ADT stock in a transaction that occurred on Tuesday, May 12th. The shares were bought at an average price of $6.75 per share, for a total transaction of $50,625.00. Following the transaction, the executive vice president directly owned 302,334 shares of the company’s stock, valued at $2,040,754.50. This trade represents a 2.54% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 54,855 shares of company stock worth $376,172 over the last ninety days. Corporate insiders own 3.00% of the company’s stock.

ADT Price Performance

ADT stock opened at $6.67 on Tuesday. The firm’s 50-day moving average price is $6.90 and its two-hundred day moving average price is $7.45. ADT Inc. has a 12-month low of $6.25 and a 12-month high of $8.94. The stock has a market capitalization of $5.28 billion, a price-to-earnings ratio of 9.52 and a beta of 1.02. 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 announced its quarterly earnings results on Thursday, April 30th. The security and automation business reported $0.23 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the previous year, the company earned $0.21 earnings per share. ADT’s quarterly 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, equities analysts predict that ADT Inc. will post 0.87 earnings per share for the current year.

ADT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Thursday, June 11th will be given a dividend of $0.055 per share. The ex-dividend date is Thursday, June 11th. This represents a $0.22 annualized dividend and a dividend yield of 3.3%. ADT’s payout ratio is currently 31.43%.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Morgan Stanley dropped their price objective on shares of ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. UBS Group set a $7.50 price objective on shares of ADT in a report on Friday, May 1st. Barclays reaffirmed an “underweight” rating and set a $7.00 price objective on shares of ADT in a report on Friday, March 6th. Citigroup lowered their price target on shares of ADT from $10.00 to $8.50 and set a “buy” rating for the company in a research note on Wednesday, March 4th. Finally, Zacks Research raised shares of ADT from a “strong sell” rating to a “hold” rating in a research note on Monday, February 16th. Two research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, ADT currently has a consensus rating of “Hold” and a consensus target price of $8.08.

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.