Public Employees Retirement System of Ohio Purchases New Shares in ADT Inc. $ADT

Public Employees Retirement System of Ohio acquired a new position in shares of ADT Inc. (NYSE:ADT) during the second quarter, Holdings Channel reports. The fund acquired 160,126 shares of the security and automation business’s stock, valued at approximately $1,041,000.

Several other institutional investors have also recently made changes to their positions in ADT. Los Angeles Capital Management LLC bought a new position in shares of ADT during the fourth quarter valued at about $28,000. PNC Financial Services Group Inc. increased its stake in ADT by 151.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 4,957 shares of the security and automation business’s stock valued at $33,000 after buying an additional 2,985 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of ADT by 1,759.1% in the 3rd quarter. IFP Advisors Inc now owns 3,997 shares of the security and automation business’s stock worth $35,000 after buying an additional 3,782 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of ADT by 39.9% in the second quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business’s stock valued at $37,000 after acquiring an additional 1,240 shares in the last quarter. Finally, Fairscale Capital LLC bought a new position in ADT in the 4th quarter valued at $41,000. Institutional investors own 87.22% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Morgan Stanley lifted their target price on ADT from $7.50 to $7.75 and gave the stock an “equal weight” rating in a research note on Friday, July 31st. BTIG Research started coverage on shares of ADT in a research report on Monday, August 17th. They set a “neutral” rating for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of ADT in a report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $8.23.

ADT Price Performance

Shares of NYSE:ADT opened at $7.25 on Wednesday. ADT Inc. has a one year low of $6.24 and a one year high of $8.94. The company has a debt-to-equity ratio of 2.14, a current ratio of 0.69 and a quick ratio of 0.52. The firm has a market capitalization of $5.30 billion, a price-to-earnings ratio of 10.21 and a beta of 1.02. The company’s fifty day moving average price is $7.24 and its 200-day moving average price is $7.00.

ADT (NYSE:ADT) last released its earnings results on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.01. The business had revenue of $1.31 billion for the quarter, compared to analysts’ expectations of $1.29 billion. ADT had a return on equity of 18.99% and a net margin of 11.85%.The firm’s revenue was up 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.23 earnings per share. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. On average, equities research analysts anticipate that ADT Inc. will post 0.9 earnings per share for the current fiscal year.

ADT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a $0.055 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.22 annualized dividend and a dividend yield of 3.0%. ADT’s dividend payout ratio (DPR) is currently 30.99%.

ADT 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.