Boca Raton, Fla., August 21, 2025
News Summary
Boston Partners has decreased its shareholding in ADT Inc. by 23.9%, selling over 60,000 shares in the first quarter. This decision comes amid notable changes among institutional investors. New stakes have been established and existing ones adjusted by several investment managers. ADT’s recent earnings report exceeded expectations, with an adjusted EPS of $0.23 and revenue of $1.29 billion. Despite challenges like leverage and limited liquidity, ADT maintains strong institutional ownership and continues to expand its market presence.
Boca Raton, Fla.
Boston Partners reduced its stake in ADT Inc. (NYSE: ADT) by 23.9% in the first quarter, selling 60,198 shares and leaving the firm with 191,302 shares valued at approximately $1,557,000 at quarter end.
Key details — institutional moves and holdings
Boston Partners’ sale is one of several notable shifts among institutional investors in ADT during recent quarters. Other changes include new and expanded positions by smaller managers: Versant Capital Management Inc opened a new stake worth about $35,000 in Q1; Northwest Wealth Management LLC bought roughly $87,000 in Q1; Quarry LP established a position near $80,000 in Q4; True Wealth Design LLC added approximately $36,000 in Q4; and Federated Hermes Inc increased its holdings by 15.8% in Q4 to 10,600 shares valued at about $73,000.
Institutional investors now own about 87.22% of ADT’s outstanding stock, while company insiders hold 2.70%. A major prior transaction occurred on July 28, 2023, when Apollo Management Holdings GP sold 71 million shares of ADT at an average price of $8.31, a sale valued at roughly $590 million that reduced Apollo’s position by 38.66%. After that sale, Apollo directly owned 112,650,366 shares, valued at about $936 million.
Market performance and trading
On Wednesday, ADT shares traded down $0.1250 to $8.7050 on a volume of 11,755,373 shares. The stock’s 50-day simple moving average stands at $8.42 and the 200-day average is $8.11. The 12-month trading range is between a low of $6.68 and a high of $8.86. ADT’s market capitalization is about $7.24 billion, the price-to-earnings ratio is 13.19, and the beta is 1.20.
Financial results and guidance
In its most recent quarter ending July 24, ADT reported adjusted earnings per share of $0.23, beating the consensus estimate of $0.19. Revenue for the quarter totaled $1.29 billion, slightly above analysts’ expectations of $1.28 billion and up 6.8% year-over-year. The company reported a net margin of 12.30% and a return on equity of 18.58%. ADT set fiscal year 2025 EPS guidance in the range of $0.810 to $0.890, while analysts project approximately $0.70 EPS for the current year.
Balance sheet and liquidity ratios show a current ratio of 0.46 and a quick ratio of 0.37, reflecting limited short-term liquidity relative to current liabilities. The debt-to-equity ratio is 1.84, indicating a material use of leverage on the balance sheet.
Dividends and shareholder returns
ADT announced a quarterly dividend of $0.055 per share, payable on October 2, 2023. Based on annualized payments, the dividend yield is about 2.5% with a payout ratio near 33.33%.
Analyst coverage and outlook
Analyst coverage is mixed. Zacks Research upgraded ADT to a strong-buy rating on August 12, 2023, while another independent research source moved the rating from strong-buy to buy on August 2, 2023. Morgan Stanley raised its target price to $9.50 from $9.00 on July 28, 2023, while keeping an equal-weight rating. Across the sell-side, there is one Strong Buy, one Buy and three Hold ratings, producing an average rating of Moderate Buy and a consensus target price near $9.18.
Business overview and recent partnership
ADT provides security, interactive and smart home solutions for residential and small business customers in the United States. The company operates primarily through two segments: Consumer and Small Business, and Solar. Recently, ADT formed a partnership with a national residential platform to enhance security options for homes listed in that platform’s Direct Access program, expanding sales and integration pathways for its smart home and security offerings.
Background and what this means
The reduction in Boston Partners’ holding is one of several adjustments among institutional investors that reflect active repositioning in ADT stock. High institutional ownership implies that large investors can influence share supply and demand. ADT’s recent earnings beat and revenue growth provide support for the company’s operating performance, offset by balance sheet leverage and modest liquidity ratios that investors monitor closely. Analyst ratings and target prices continue to show a range of views, with consensus leaning toward modest upside from current prices.
FAQ
What did Boston Partners do?
Boston Partners sold 60,198 shares of ADT in the first quarter, reducing its stake by 23.9% to 191,302 shares valued at about $1.56 million.
How significant was Apollo’s sale?
Apollo Management Holdings GP sold 71 million ADT shares on July 28, 2023, for about $590 million, cutting its position by 38.66%. After the sale, Apollo directly owned roughly 112.65 million shares.
How did ADT perform in its latest quarter?
ADT reported EPS of $0.23 and revenue of $1.29 billion for the quarter, both above consensus estimates. Net margin was 12.30%, and return on equity was 18.58%.
What are ADT’s key financial ratios?
Current ratio: 0.46, Quick ratio: 0.37, Debt-to-equity: 1.84. Market cap: about $7.24 billion, P/E: 13.19, beta: 1.20.
Is ADT paying a dividend?
Yes. ADT declared a quarterly dividend of $0.055 per share, with an annualized yield of about 2.5% and a payout ratio near 33.33%.
Quick reference table
| Metric | Value |
|---|---|
| Latest share price (Wednesday) | $8.7050 |
| Market cap | $7.24 billion |
| 52-week range | $6.68 — $8.86 |
| PE ratio | 13.19 |
| 50-day / 200-day SMA | $8.42 / $8.11 |
| Current / Quick ratio | 0.46 / 0.37 |
| Debt-to-equity | 1.84 |
| Most recent EPS | $0.23 (beat $0.19 estimate) |
| Quarterly revenue | $1.29 billion |
| Net margin / ROE | 12.30% / 18.58% |
| Dividend (quarterly) | $0.055; yield ~2.5% |
| Institutional ownership | 87.22% |
| Insider ownership | 2.70% |
| Consensus analyst target | $9.18 (Average: Moderate Buy) |
Deeper Dive: News & Info About This Topic
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Additional Resources
- MarketBeat: Boston Partners Has $1.56 Million Position in ADT Inc.
- MLB: Marlins, ADT Announce Multiyear Partnership Extension
- Redfin: Direct Access – Redfin ADT Partnership
- Boston Globe: Home Security System Proved Anything But
- Google News: ADT Inc. News
- Wikipedia: ADT Inc.
- Encyclopedia Britannica: ADT Inc.
Author: STAFF HERE BOSTON WRITER
BOSTON STAFF WRITER The BOSTON STAFF WRITER represents the experienced team at HEREBoston.com, your go-to source for actionable local news and information in Boston, Suffolk County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Boston Marathon, Head of the Charles Regatta, and Boston Harborfest. Our coverage extends to key organizations like the Greater Boston Chamber of Commerce and Associated Industries of Massachusetts, plus leading businesses in finance, biotech, and insurance that power the local economy such as Fidelity Investments, Biogen, and Liberty Mutual Insurance. As part of the broader HERE network, we provide comprehensive, credible insights into Massachusetts's dynamic landscape.
