Quantbot Technologies LP Has $3.68 Million Stock Position in ADT Inc. $ADT

Key Points

• Quantbot Technologies LP increased its holdings in ADT Inc. by 23.3% during the first quarter, owning about $3.68 million worth of shares after acquiring an additional 85,401 shares.
• ADT reported a Q2 earnings per share of $0.23, exceeding analysts' estimates, with revenue growth of 6.8% year-over-year and guidance for the FY 2025 set between $0.810-0.890 EPS.
• The company recently declared a quarterly dividend of $0.055 per share, translating to an annualized yield of 2.5%, which reflects a payout ratio of 33.33%.

Quantbot Technologies LP raised its holdings in ADT Inc. (NYSE:ADT - Free Report) by 23.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 452,194 shares of the security and automation business's stock after purchasing an additional 85,401 shares during the period. Quantbot Technologies LP owned about 0.05% of ADT worth $3,681,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Versant Capital Management Inc bought a new stake in shares of ADT in the 1st quarter valued at approximately $35,000. True Wealth Design LLC bought a new position in ADT during the 4th quarter worth $36,000. Northwest Wealth Management LLC bought a new position in ADT during the 1st quarter worth $87,000. Cresset Asset Management LLC bought a new position in ADT during the 1st quarter worth $93,000. Finally, Quarry LP bought a new position in ADT during the 4th quarter worth $80,000. 87.22% of the stock is currently owned by institutional investors.

ADT Stock Up 1.9%

ADT stock traded up $0.1650 during mid-day trading on Friday, hitting $8.8050. The company's stock had a trading volume of 7,939,038 shares, compared to its average volume of 13,425,501. The firm's 50 day moving average is $8.46 and its 200 day moving average is $8.13. The company has a market cap of $7.32 billion, a PE ratio of 13.34 and a beta of 1.20. 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 52-week low of $6.68 and a 52-week high of $8.86.

ADT (NYSE:ADT - Get Free Report) last issued its earnings results on Thursday, July 24th. The security and automation business reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. ADT had a return on equity of 18.58% and a net margin of 12.30%.The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the firm posted $0.17 EPS. The business's 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. On average, analysts anticipate that ADT Inc. will post 0.7 earnings per share for the current year.

ADT Announces Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ADT. Morgan Stanley boosted their price target on ADT from $9.00 to $9.50 and gave the stock an "equal weight" rating in a research report on Monday, July 28th. Wall Street Zen lowered ADT from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, Zacks Research upgraded ADT to a "strong-buy" rating in a research report on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, ADT has a consensus rating of "Moderate Buy" and an average price target of $9.18.

Insider Activity at ADT

In other news, major shareholder Apollo Management Holdings Gp, sold 71,000,000 shares of the stock in a transaction dated 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. This represents a 38.66% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 2.70% of the company's stock.

ADT 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.