APG Asset Management N.V. Acquires 35,608 Shares of AT&T Inc. $T

APG Asset Management N.V. boosted its stake in AT&T Inc. (NYSE:TFree Report) by 0.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,791,980 shares of the technology company’s stock after purchasing an additional 35,608 shares during the period. APG Asset Management N.V.’s holdings in AT&T were worth $191,806,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. J. L. Bainbridge & Co. Inc. increased its stake in shares of AT&T by 1.7% in the second quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock valued at $615,000 after buying an additional 355 shares during the period. Financial & Tax Architects LLC boosted its holdings in AT&T by 4.9% in the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after acquiring an additional 356 shares during the last quarter. Roberts Glore & Co. Inc. IL increased its position in AT&T by 2.0% during the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company’s stock valued at $532,000 after purchasing an additional 357 shares during the period. Investment Partners LTD. raised its holdings in AT&T by 3.5% during the 2nd quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock worth $303,000 after purchasing an additional 357 shares during the last quarter. Finally, Texas Bank & Trust Co raised its holdings in AT&T by 0.6% during the 2nd quarter. Texas Bank & Trust Co now owns 64,274 shares of the technology company’s stock worth $1,860,000 after purchasing an additional 364 shares during the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Stock Up 1.8%

Shares of NYSE:T opened at $27.97 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79. The business’s 50 day simple moving average is $25.63 and its two-hundred day simple moving average is $26.36. The firm has a market cap of $195.79 billion, a P/E ratio of 9.17, a PEG ratio of 1.04 and a beta of 0.39.

AT&T (NYSE:TGet Free Report) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same quarter in the previous year, the company posted $0.43 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were issued a dividend of $0.2775 per share. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a yield of 4.0%. AT&T’s dividend payout ratio is presently 36.39%.

AT&T News Summary

Here are the key news stories impacting AT&T this week:

Analyst Ratings Changes

A number of equities research analysts have recently commented on T shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $33.00 price objective on shares of AT&T in a research note on Thursday, January 29th. Morgan Stanley cut their price target on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. Wolfe Research lowered AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. The Goldman Sachs Group dropped their price objective on AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Finally, TD Cowen restated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.93.

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AT&T Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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