ADT (NYSE:ADT) Issues FY 2025 Earnings Guidance

ADT (NYSE:ADT - Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share guidance of 0.810-0.890 for the period, compared to the consensus earnings per share estimate of 0.842. The company issued revenue guidance of $5.0 billion-$5.2 billion, compared to the consensus revenue estimate of $5.1 billion.

Wall Street Analyst Weigh In

Several research analysts have issued reports on ADT shares. Barclays raised shares of ADT from an "underweight" rating to an "equal weight" rating and raised their price objective for the stock from $7.00 to $9.00 in a research report on Friday, April 4th. Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $9.00 target price on shares of ADT in a report on Monday, April 21st.

ADT Price Performance

ADT stock traded down $0.21 during trading on Friday, reaching $8.46. 36,543,037 shares of the company were exchanged, compared to its average volume of 11,442,185. The company has a market cap of $7.08 billion, a P/E ratio of 12.82 and a beta of 1.21. ADT has a 52-week low of $6.53 and a 52-week high of $8.80. The stock's 50 day moving average price is $8.38 and its 200 day moving average price is $7.96. The company has a debt-to-equity ratio of 1.85, a quick ratio of 0.60 and a current ratio of 0.46.

ADT (NYSE:ADT - Get Free Report) last announced its quarterly earnings data on Thursday, July 24th. The security and automation business reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04. The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.28 billion. ADT had a net margin of 12.30% and a return on equity of 18.58%. The company's quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.17 earnings per share. As a group, analysts predict that ADT will post 0.7 earnings per share for the current fiscal year.

ADT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a dividend yield of 2.60%. The ex-dividend date is Thursday, September 11th. ADT's payout ratio is 37.93%.

Insider Activity

In related news, major shareholder Apollo Management Holdings Gp, sold 50,000,000 shares of the company's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $8.02, for a total transaction of $401,000,000.00. Following the transaction, the insider owned 228,650,366 shares of the company's stock, valued at approximately $1,833,775,935.32. This represents a 17.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 2.70% of the company's stock.

Hedge Funds Weigh In On ADT

Institutional investors and hedge funds have recently modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in ADT by 29.4% during the first 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 worth $9,396,000 after purchasing an additional 262,480 shares during the period. Caxton Associates LLP acquired a new stake in shares of ADT in the first quarter worth $296,000. Focus Partners Wealth increased its position in shares of ADT by 75.9% in the first quarter. Focus Partners Wealth now owns 54,363 shares of the security and automation business's stock worth $442,000 after acquiring an additional 23,463 shares in the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of ADT by 503.0% in the first quarter. NewEdge Advisors LLC now owns 13,279 shares of the security and automation business's stock worth $108,000 after acquiring an additional 11,077 shares in the last quarter. Hedge funds and other institutional investors own 87.22% of the company's stock.

About ADT

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.