VIRGINIA RETIREMENT SYSTEMS ET Al Invests $3.65 Million in ADT Inc. $ADT

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of ADT Inc. (NYSE:ADT - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 561,850 shares of the security and automation business's stock, valued at approximately $3,652,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.08% of ADT at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Osaic Holdings Inc. increased its position in ADT by 39.9% in the 2nd quarter. Osaic Holdings Inc. now owns 4,351 shares of the security and automation business's stock worth $37,000 after purchasing an additional 1,240 shares during the last quarter. Legal & General Group Plc grew its stake in shares of ADT by 0.3% in the 4th quarter. Legal & General Group Plc now owns 501,861 shares of the security and automation business's stock valued at $4,050,000 after buying an additional 1,445 shares in the last quarter. F m Investments LLC increased its holdings in ADT by 0.7% in the third quarter. F m Investments LLC now owns 239,027 shares of the security and automation business's stock worth $2,082,000 after buying an additional 1,602 shares during the last quarter. Amundi increased its holdings in ADT by 0.5% in the third quarter. Amundi now owns 356,404 shares of the security and automation business's stock worth $3,104,000 after buying an additional 1,899 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its position in ADT by 2.4% during the fourth quarter. Neuberger Berman Group LLC now owns 106,428 shares of the security and automation business's stock valued at $859,000 after acquiring an additional 2,446 shares in the last quarter. Institutional investors and hedge funds own 87.22% of the company's stock.

ADT Stock Down 2.0%

Shares of ADT stock opened at $7.08 on Thursday. ADT Inc. has a 12-month low of $6.24 and a 12-month high of $8.94. 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 stock has a 50 day moving average price of $7.25 and a two-hundred day moving average price of $6.99. The stock has a market capitalization of $5.17 billion, a P/E ratio of 9.97 and a beta of 1.02.

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

ADT Announces Dividend

The firm 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. This represents a $0.22 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Thursday, September 10th. ADT's dividend payout ratio (DPR) is presently 30.99%.

Analysts Set New Price Targets

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

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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