Aristides Capital LLC Purchases New Holdings in ADT Inc. $ADT

Key Points

• Aristides Capital LLC acquired a new stake in ADT Inc., purchasing 37,687 shares valued at approximately $307,000 during the first quarter.
• Analysts have given mixed ratings for ADT, with Morgan Stanley raising their price target to $9.50 and Zacks Research upgrading it to a "strong-buy."
• ADT announced a quarterly dividend of $0.055 per share, translating to an annual yield of 2.5%, set to be paid on October 2nd.

Aristides Capital LLC bought a new stake in shares of ADT Inc. (NYSE:ADT - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 37,687 shares of the security and automation business's stock, valued at approximately $307,000.

A number of other large investors also recently modified their holdings of the business. Versant Capital Management Inc acquired a new position in ADT in the first quarter valued at approximately $35,000. True Wealth Design LLC bought a new position in ADT in the 4th quarter worth approximately $36,000. AlphaQuest LLC grew its holdings in ADT by 80.9% in the 1st 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. Northwest Wealth Management LLC acquired a new position in ADT during the 1st quarter valued at about $87,000. Finally, Cresset Asset Management LLC acquired a new position in shares of ADT during the first quarter valued at approximately $93,000. 87.22% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on ADT. Citigroup boosted their price objective on ADT from $9.00 to $10.00 and gave the stock a "buy" rating in a research note on Tuesday. Wall Street Zen cut ADT from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 2nd. Morgan Stanley lifted their price objective on shares of ADT from $9.00 to $9.50 and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Finally, Zacks Research raised ADT to a "strong-buy" rating in a research report on Tuesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $9.34.

ADT Stock Up 0.2%

Shares of ADT stock traded up $0.02 on Friday, hitting $8.70. The company's stock had a trading volume of 7,020,032 shares, compared to its average volume of 14,730,721. The company has a debt-to-equity ratio of 1.84, a current ratio of 0.46 and a quick ratio of 0.37. ADT Inc. has a fifty-two week low of $6.68 and a fifty-two week high of $8.86. The firm's fifty day moving average price is $8.51 and its 200-day moving average price is $8.17. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 13.17 and a beta of 1.20.

ADT (NYSE:ADT - Get Free Report) last released 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. ADT had a net margin of 12.30% and a return on equity of 18.58%. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the business earned $0.17 EPS. ADT's quarterly revenue was up 6.8% compared to the same quarter last year. ADT has set its FY 2025 guidance at 0.810-0.890 EPS. Research analysts anticipate that ADT Inc. will post 0.7 EPS for the current year.

ADT Announces Dividend

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

Insider Activity at ADT

In other news, major shareholder Apollo Management Holdings Gp, sold 71,000,000 shares of the firm's stock in a transaction on Monday, July 28th. The shares were sold at an average price of $8.31, for a total value of $590,010,000.00. Following the sale, the insider owned 112,650,366 shares in the company, valued at approximately $936,124,541.46. This trade represents a 38.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.70% of the stock is currently owned by company insiders.

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.