ADT (NYSE:ADT) Stock Sees Heavy Call Option Buying

ADT Inc. (NYSE:ADT) was the target of unusually large options trading on Wednesday. Traders bought 3,640 call options on the stock. This represents an increase of 355% compared to the typical volume of 800 call options.

ADT Stock Performance

ADT stock traded up $0.60 during trading on Wednesday, reaching $7.47. The stock had a trading volume of 5,252,038 shares, compared to its average volume of 9,509,195. ADT has a 1-year low of $6.03 and a 1-year high of $8.89. The firm has a fifty day moving average price of $6.88 and a 200 day moving average price of $7.08.

ADT (NYSE:ADT) last posted its quarterly earnings data on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01. The firm had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.29 billion. During the same period in the prior year, the business posted $0.23 EPS. The company’s revenue for the quarter was up 1.9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, research analysts anticipate that ADT will post 0.90 earnings per share for the current fiscal year.

ADT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.0550 per share. The ex-dividend date was Thursday, September 10th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.9%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its stake in shares of ADT by 151.4% in the first quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock worth $33,000 after acquiring an additional 2,985 shares during the last quarter. Elevation Wealth Partners LLC increased its stake in ADT by 1,646.1% during the 3rd quarter. Elevation Wealth Partners LLC now owns 6,094 shares of the security and automation business’s stock worth $37,000 after purchasing an additional 5,745 shares in the last quarter. Parallel Advisors LLC increased its holdings in ADT by 154.0% during the 1st quarter. Parallel Advisors LLC now owns 7,451 shares of the security and automation business’s stock worth $49,000 after purchasing an additional 4,518 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of ADT by 129.6% during the second quarter. GAMMA Investing LLC now owns 7,709 shares of the security and automation business’s stock worth $50,000 after buying an additional 4,352 shares in the last quarter. Finally, Interchange Capital Partners LLC bought a new position in ADT in the third quarter valued at $63,000. 87.22% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Morgan Stanley dropped their price objective on ADT from $7.75 to $7.25 and set an “equal weight” rating for the company in a research note on Tuesday, October 13th. Weiss Ratings restated a “hold (c)” rating on shares of ADT in a research report on Tuesday, October 13th. Finally, BTIG Research started coverage on ADT in a report on Monday, August 17th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $8.13.

ADT Company Profile

ADT Inc is a security and smart-home services company that provides monitored protection and automation solutions for residential and commercial customers. Its offerings include professionally installed security systems, 24-hour alarm monitoring, video surveillance, fire and life-safety systems, access control, home automation and related emergency response services.

The company serves customers primarily in the United States, offering solutions designed to help protect homes, businesses and other facilities from burglary, fire and other risks.