ADT Inc. $ADT Shares Acquired by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management B.V. significantly increased its stake in ADT Inc. by 1,475.4%, acquiring a total of 688,199 shares valued at approximately $5.8 million.
• ADT's most recent quarterly earnings showed an EPS of $0.23, beating estimates, with revenue of $1.29 billion, reflecting a year-over-year increase of 6.8%.
• The company has announced a quarterly dividend of $0.055, translating to an annual yield of 2.5%, with a payout ratio of 33.33%.

Robeco Institutional Asset Management B.V. lifted its position in shares of ADT Inc. (NYSE:ADT - Free Report) by 1,475.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 688,199 shares of the security and automation business's stock after acquiring an additional 644,516 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.08% of ADT worth $5,829,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC increased its position in ADT by 469.8% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 110,190 shares of the security and automation business's stock worth $761,000 after buying an additional 90,852 shares during the period. GAMMA Investing LLC boosted its position in shares of ADT by 1,949.5% in the 1st quarter. GAMMA Investing LLC now owns 15,556 shares of the security and automation business's stock valued at $127,000 after purchasing an additional 14,797 shares during the period. Rhumbline Advisers boosted its position in shares of ADT by 16.5% in the 1st quarter. Rhumbline Advisers now owns 316,421 shares of the security and automation business's stock valued at $2,576,000 after purchasing an additional 44,817 shares during the period. Merit Financial Group LLC boosted its position in shares of ADT by 210.7% in the 1st quarter. Merit Financial Group LLC now owns 81,494 shares of the security and automation business's stock valued at $663,000 after purchasing an additional 55,262 shares during the period. Finally, Wedge Capital Management L L P NC raised its stake in shares of ADT by 25.2% during the 1st quarter. Wedge Capital Management L L P NC now owns 378,900 shares of the security and automation business's stock worth $3,084,000 after purchasing an additional 76,233 shares in the last quarter. 87.22% of the stock is owned by institutional investors and hedge funds.

ADT Price Performance

Shares of ADT stock opened at $8.71 on Tuesday. The stock's fifty day simple moving average is $8.64 and its 200 day simple moving average is $8.37. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.46 and a quick ratio of 0.37. The firm has a market cap of $7.24 billion, a price-to-earnings ratio of 13.20 and a beta of 1.05. ADT Inc. has a one year low of $6.68 and a one year high of $8.94.

ADT (NYSE:ADT - Get Free Report) last announced its quarterly earnings results on Thursday, July 24th. The security and automation business reported $0.23 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 analyst estimates of $1.28 billion. ADT had a return on equity of 18.58% and a net margin of 12.30%.ADT's quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.17 EPS. ADT has set its FY 2025 guidance at 0.810-0.890 EPS. On average, analysts expect that ADT Inc. will post 0.7 earnings per share for the current fiscal year.

ADT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a $0.055 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.22 dividend on an annualized basis and a yield of 2.5%. ADT's payout ratio is currently 33.33%.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Citigroup raised their price objective on ADT from $9.00 to $10.00 and gave the company a "buy" rating in a research note on Tuesday, August 26th. Wall Street Zen lowered ADT from a "strong-buy" rating to a "buy" rating in a report on Sunday, September 28th. Morgan Stanley lifted their price objective on ADT from $9.00 to $9.50 and gave the stock an "equal weight" rating in a report on Monday, July 28th. Zacks Research lowered ADT from a "strong-buy" rating to a "hold" rating in a report on Monday, September 22nd. Finally, Weiss Ratings reissued a "buy (b)" rating on shares of ADT in a report on Saturday, September 27th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, ADT currently has an average rating of "Hold" and a consensus target price of $9.34.

Insider Buying and Selling

In other ADT news, major shareholder Apollo Management Holdings Gp, sold 71,000,000 shares of the business's stock in a transaction on Monday, July 28th. The stock was sold at an average price of $8.31, for a total value 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 2.70% 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.

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