Illinois Municipal Retirement Fund Raises Stock Holdings in ADT Inc. $ADT

Illinois Municipal Retirement Fund raised its stake in shares of ADT Inc. (NYSE:ADT) by 41.8% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 844,938 shares of the security and automation business’s stock after acquiring an additional 249,250 shares during the period. Illinois Municipal Retirement Fund’s holdings in ADT were worth $5,551,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Norges Bank bought a new stake in shares of ADT in the fourth quarter worth approximately $192,996,000. AQR Capital Management LLC lifted its position in ADT by 124.6% during the third quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business’s stock valued at $314,954,000 after purchasing an additional 20,062,625 shares during the period. Wasatch Advisors LP bought a new position in ADT during the fourth quarter valued at approximately $56,927,000. Zimmer Partners LP boosted its holdings in ADT by 164.8% in the third quarter. Zimmer Partners LP now owns 8,077,811 shares of the security and automation business’s stock worth $70,358,000 after purchasing an additional 5,026,754 shares during the last quarter. Finally, Two Sigma Investments LP boosted its holdings in ADT by 275.6% in the third quarter. Two Sigma Investments LP now owns 5,483,043 shares of the security and automation business’s stock worth $47,757,000 after purchasing an additional 4,023,072 shares during the last quarter. Hedge funds and other institutional investors own 87.22% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on ADT. UBS Group set a $7.50 target price on shares of ADT in a research note on Friday, May 1st. Weiss Ratings restated a “hold (c)” rating on shares of ADT in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, ADT has an average rating of “Hold” and an average target price of $8.08.

Insider Buying and Selling

In related news, EVP Omar Khan acquired 7,280 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of $6.88 per share, for a total transaction of $50,086.40. Following the purchase, the executive vice president owned 7,280 shares in the company, valued at $50,086.40. The trade was a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Kimberly Miller bought 3,625 shares of ADT stock in a transaction that occurred on Thursday, May 14th. The stock was purchased at an average cost of $6.91 per share, with a total value of $25,048.75. Following the completion of the acquisition, the executive vice president directly owned 55,984 shares in the company, valued at $386,849.44. This represents a 6.92% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought 54,855 shares of company stock worth $376,172 over the last ninety days. 3.00% of the stock is owned by corporate insiders.

ADT Trading Down 0.9%

Shares of ADT stock opened at $7.00 on Friday. The company has a debt-to-equity ratio of 1.94, a current ratio of 0.84 and a quick ratio of 0.67. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 9.99 and a beta of 1.01. ADT Inc. has a 1 year low of $6.24 and a 1 year high of $8.94. The firm has a fifty day moving average price of $6.75 and a 200-day moving average price of $7.17.

ADT (NYSE:ADT) last announced its earnings results on Thursday, April 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The company had revenue of $2.56 billion for the quarter, compared to analysts’ expectations of $1.27 billion. ADT had a return on equity of 19.23% and a net margin of 12.12%.ADT’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the firm earned $0.21 EPS. 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 disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Thursday, June 11th were paid a $0.055 dividend. The ex-dividend date of this dividend was Thursday, June 11th. This represents a $0.22 annualized dividend and a dividend yield of 3.1%. ADT’s dividend payout ratio (DPR) is 31.43%.

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.