Poinciana Advisors Group LLC Purchases 1,470 Shares of ADT Inc. $ADT

Poinciana Advisors Group LLC raised its position in ADT Inc. (NYSE:ADT) by 9.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,544 shares of the security and automation business’s stock after acquiring an additional 1,470 shares during the quarter. Poinciana Advisors Group LLC’s holdings in ADT were worth $149,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of ADT. GAMMA Investing LLC lifted its holdings in ADT by 69.5% in the second quarter. GAMMA Investing LLC now owns 3,240 shares of the security and automation business’s stock valued at $27,000 after acquiring an additional 1,329 shares during the period. Versant Capital Management Inc purchased a new stake in ADT in the first quarter worth about $35,000. AlphaQuest LLC increased its position in ADT by 80.9% in the first quarter. AlphaQuest LLC now owns 5,301 shares of the security and automation business’s stock worth $43,000 after buying an additional 2,370 shares in the last quarter. Bayforest Capital Ltd purchased a new stake in ADT in the first quarter worth about $74,000. Finally, Northwest Wealth Management LLC purchased a new stake in shares of ADT during the first quarter worth about $87,000. Institutional investors own 87.22% of the company’s stock.

Insider Buying and Selling at ADT

In other news, major shareholder Apollo Management Holdings Gp, sold 71,000,000 shares of the business’s stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $8.31, for a total transaction of $590,010,000.00. Following the transaction, the insider owned 112,650,366 shares of the company’s stock, valued at approximately $936,124,541.46. The trade was a 38.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.70% of the company’s stock.

ADT Stock Performance

NYSE ADT opened at $8.80 on Tuesday. The company has a market cap of $7.32 billion, a P/E ratio of 13.33 and a beta of 1.13. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.37 and a current ratio of 0.46. The business’s 50 day moving average price is $8.61 and its 200-day moving average price is $8.34. ADT Inc. has a fifty-two week low of $6.68 and a fifty-two week high of $8.94.

ADT (NYSE:ADT) last released its earnings results on Thursday, July 24th. The security and automation business reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.04. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.28 billion. ADT had a return on equity of 18.58% and a net margin of 12.30%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.17 EPS. ADT has set its FY 2025 guidance at 0.810-0.890 EPS. Sell-side analysts predict that ADT Inc. will post 0.7 earnings per share for the current year.

ADT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.22 annualized dividend and a dividend yield of 2.5%. ADT’s payout ratio is currently 33.33%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on ADT shares. Zacks Research cut ADT from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 22nd. Wall Street Zen cut ADT from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Morgan Stanley increased their target price on ADT from $9.00 to $9.50 and gave the stock an “equal weight” rating in a research report on Monday, July 28th. Finally, Citigroup increased their target price on ADT from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $9.34.

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.