JPMorgan Chase & Co. Buys 109,261 Shares of ADT Inc. $ADT

JPMorgan Chase & Co. boosted its stake in ADT Inc. (NYSE:ADT) by 18.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 697,479 shares of the security and automation business’s stock after buying an additional 109,261 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.09% of ADT worth $6,076,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Norges Bank acquired a new position in ADT in the second quarter valued at about $219,825,000. AQR Capital Management LLC increased its holdings in shares of 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 worth $314,954,000 after buying an additional 20,062,625 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of ADT by 42.7% in the third quarter. Vanguard Group Inc. now owns 64,858,510 shares of the security and automation business’s stock valued at $564,918,000 after acquiring an additional 19,413,112 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its holdings in shares of ADT by 179.6% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 13,693,517 shares of the security and automation business’s stock worth $115,984,000 after acquiring an additional 8,796,249 shares in the last quarter. Finally, Zimmer Partners LP boosted its holdings in shares of ADT by 164.8% in the 3rd quarter. Zimmer Partners LP now owns 8,077,811 shares of the security and automation business’s stock worth $70,358,000 after acquiring an additional 5,026,754 shares in the last quarter. 87.22% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other ADT news, EVP David A. Scott bought 7,300 shares of the business’s stock in a transaction on Thursday, March 5th. The shares were bought at an average cost of $6.72 per share, for a total transaction of $49,056.00. Following the transaction, the executive vice president owned 7,300 shares in the company, valued at approximately $49,056. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 2.70% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on ADT. Zacks Research raised ADT from a “strong sell” rating to a “hold” rating in a report on Monday, February 16th. Barclays restated an “underweight” rating and set a $7.00 target price on shares of ADT in a report on Friday, March 6th. 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. Morgan Stanley cut their price target on ADT from $9.00 to $7.00 and set an “equal weight” rating for the company in a report on Tuesday, March 3rd. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of ADT in a research report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, ADT presently has an average rating of “Hold” and an average price target of $8.38.

ADT Stock Up 1.7%

NYSE:ADT opened at $6.58 on Wednesday. The company has a market cap of $5.40 billion, a price-to-earnings ratio of 9.97 and a beta of 1.00. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.73 and a current ratio of 0.93. The stock’s fifty day moving average price is $7.35 and its two-hundred day moving average price is $7.99. ADT Inc. has a 52-week low of $6.25 and a 52-week high of $8.94.

ADT (NYSE:ADT) last released its earnings results on Monday, March 2nd. The security and automation business reported $0.23 EPS for the quarter, beating the consensus estimate of $0.20 by $0.03. The company had revenue of $2.55 billion during the quarter, compared to analysts’ expectations of $1.30 billion. ADT had a return on equity of 19.16% and a net margin of 11.60%.The business’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the firm earned $0.20 EPS. ADT has set its FY 2026 guidance at 0.890-0.890 EPS. On average, analysts anticipate 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. Shareholders of record on Thursday, March 12th will be issued a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend is Thursday, March 12th. ADT’s payout ratio is currently 33.33%.

ADT Company 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.