ADT (NYSE:ADT) Posts Earnings Results, Beats Expectations By $0.01 EPS

ADT (NYSE:ADT) announced its quarterly earnings data on Tuesday. The security and automation business reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.01, Briefing.com reports. The firm had revenue of $1.30 billion during the quarter, compared to analyst estimates of $1.29 billion. ADT had a net margin of 12.30% and a return on equity of 18.58%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.20 EPS. ADT updated its FY 2025 guidance to 0.850-0.890 EPS.

ADT Stock Down 8.1%

Shares of ADT stock opened at $8.08 on Wednesday. The company has a current ratio of 0.46, a quick ratio of 0.37 and a debt-to-equity ratio of 1.84. The company’s fifty day simple moving average is $8.66 and its two-hundred day simple moving average is $8.47. The company has a market cap of $6.71 billion, a P/E ratio of 12.23 and a beta of 1.00. ADT has a 12-month low of $6.71 and a 12-month high of $8.94.

ADT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, January 8th. Shareholders of record on Thursday, December 11th will be given a dividend of $0.055 per share. This represents a $0.22 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, December 11th. ADT’s payout ratio is presently 33.33%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ADT. NewEdge Advisors LLC increased its position in ADT by 503.0% during 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 purchased a new position in ADT during the 1st quarter valued at $296,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in ADT by 29.4% during 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 valued at $9,396,000 after purchasing an additional 262,480 shares during the period. Focus Partners Wealth increased its position in ADT by 75.9% during the 1st quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business’s stock valued at $442,000 after purchasing an additional 23,463 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in ADT during the 2nd quarter valued at $93,000. 87.22% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on ADT. Wall Street Zen lowered shares of ADT from a “strong-buy” rating to a “buy” rating in a report on Sunday, September 28th. Morgan Stanley upped their price target on shares of ADT from $9.00 to $9.50 and gave the company an “equal weight” rating in a report on Monday, July 28th. Zacks Research lowered shares of ADT from a “strong-buy” rating to a “hold” rating in a report on Monday, September 22nd. Weiss Ratings reiterated a “buy (b)” rating on shares of ADT in a report on Wednesday, October 8th. Finally, Citigroup upped their price target on shares of ADT from $9.00 to $10.00 and gave the company a “buy” rating in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $9.38.

ADT Company Profile

ADT Inc provides security, interactive, and smart home solutions to residential and small business customers in the United States. It operates through two segments, Consumer and Small Business, and Solar. The company provides burglar and life safety alarms, smart security cameras, smart home automation systems, and video surveillance systems.