Profund Advisors LLC Has $2.72 Million Stake in AT&T Inc. $T

Profund Advisors LLC lifted its stake in AT&T Inc. (NYSE:T) by 24.6% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 96,277 shares of the technology company’s stock after acquiring an additional 18,984 shares during the period. Profund Advisors LLC’s holdings in AT&T were worth $2,719,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in T. Front Row Advisors LLC acquired a new stake in shares of AT&T in the second quarter worth $25,000. Mountain Hill Investment Partners Corp. lifted its position in AT&T by 363.7% during the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after acquiring an additional 702 shares during the last quarter. Solstein Capital LLC boosted its holdings in AT&T by 217.3% during the second quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after acquiring an additional 652 shares during the period. Curio Wealth LLC grew its position in shares of AT&T by 26,100.0% in the second quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock valued at $30,000 after purchasing an additional 1,044 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of AT&T in the second quarter worth about $32,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Trading Down 0.1%

Shares of AT&T stock opened at $27.09 on Tuesday. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79. The firm has a market capitalization of $192.05 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 1.01 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The company’s fifty day moving average price is $24.64 and its two-hundred day moving average price is $26.31.

AT&T (NYSE:T) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts expect that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio is currently 36.39%.

Analyst Ratings Changes

Several analysts recently weighed in on T shares. Barclays decreased their target price on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Wall Street Zen cut AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. UBS Group reaffirmed a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Wells Fargo & Company cut their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. Finally, Morgan Stanley reduced their price target on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $29.83.

AT&T Profile

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.