Susquehanna Advisors Group Inc. Acquires New Holdings in ADT Inc. $ADT

Key Points

• Susquehanna Advisors Group acquired 1.36 million ADT shares valued at approximately $8.84 million, representing about 0.19% of the company. Institutional investors collectively own 87.22% of ADT.
• Analysts maintain a generally cautious outlook, with a consensus “Hold” rating and an average price target of $8.23; ADT shares recently opened at $7.54.
• ADT exceeded quarterly expectations with EPS of $0.23 and revenue of $1.31 billion, while revenue rose 1.9% year over year. The company also announced a quarterly dividend of $0.055 per share, equivalent to a 2.9% annualized yield.

Susquehanna Advisors Group Inc. bought a new stake in ADT Inc. (NYSE:ADT - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 1,360,341 shares of the security and automation business's stock, valued at approximately $8,842,000. Susquehanna Advisors Group Inc. owned about 0.19% of ADT at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ADT. Norges Bank purchased a new stake in shares of ADT during the fourth quarter valued at about $192,996,000. AQR Capital Management LLC grew its position in shares of ADT by 124.6% in the 3rd quarter. AQR Capital Management LLC now owns 36,160,099 shares of the security and automation business's stock worth $314,954,000 after buying an additional 20,062,625 shares during the last quarter. Wasatch Advisors LP bought a new position in shares of ADT during the 4th quarter worth approximately $56,927,000. Bank of New York Mellon Corp bought a new position in shares of ADT during the 2nd quarter worth approximately $34,130,000. Finally, Zimmer Partners LP lifted its position in ADT by 164.8% during the third quarter. Zimmer Partners LP now owns 8,077,811 shares of the security and automation business's stock valued at $70,358,000 after acquiring an additional 5,026,754 shares during the last quarter. 87.22% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ADT has been the topic of several analyst reports. Morgan Stanley lifted their price target on shares of ADT from $7.50 to $7.75 and gave the stock an "equal weight" rating in a report on Friday, July 31st. BTIG Research assumed coverage on ADT in a report on Monday, August 17th. They set a "neutral" rating for the company. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of ADT in a research report on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $8.23.

ADT Stock Performance

Shares of ADT stock opened at $7.54 on Monday. The firm has a market capitalization of $5.51 billion, a P/E ratio of 10.62 and a beta of 1.00. The company has a quick ratio of 0.52, a current ratio of 0.69 and a debt-to-equity ratio of 2.14. The company has a 50 day moving average price of $7.11 and a 200 day moving average price of $7.02. ADT Inc. has a 52 week low of $6.24 and a 52 week high of $8.94.

ADT (NYSE:ADT - Get Free Report) last released its earnings results on Thursday, July 30th. The security and automation business reported $0.23 EPS for the quarter, topping analysts' consensus estimates of $0.22 by $0.01. ADT had a net margin of 11.85% and a return on equity of 18.99%. The company had revenue of $1.31 billion during the quarter, compared to analysts' expectations of $1.29 billion. During the same period last year, the business earned $0.23 EPS. ADT's revenue for the quarter was up 1.9% on a year-over-year basis. ADT has set its FY 2026 guidance at 0.910-0.910 EPS. Sell-side analysts expect that ADT Inc. will post 0.9 EPS for the current year.

ADT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.055 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.22 dividend on an annualized basis and a dividend yield of 2.9%. ADT's payout ratio is 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.

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