CSM Advisors LLC Has $3.22 Million Stake in AT&T Inc. $T

CSM Advisors LLC reduced its position in AT&T Inc. (NYSE:T) by 65.9% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 114,044 shares of the technology company’s stock after selling 220,763 shares during the quarter. CSM Advisors LLC’s holdings in AT&T were worth $3,221,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Front Row Advisors LLC bought a new stake in AT&T during the second quarter valued at $25,000. Mountain Hill Investment Partners Corp. raised its position in shares of AT&T by 363.7% in 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 in the last quarter. GGM Financials LLC bought a new position in shares of AT&T in the 3rd quarter worth about $25,000. Cloud Capital Management LLC acquired a new position in shares of AT&T in the 3rd quarter valued at about $31,000. Finally, Kilter Group LLC acquired a new position in shares of AT&T in the 2nd quarter valued at about $32,000. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

Shares of AT&T stock opened at $27.73 on Tuesday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The firm has a market capitalization of $194.09 billion, a price-to-earnings ratio of 9.09, a PEG ratio of 1.04 and a beta of 0.39. The business has a 50-day simple moving average of $26.38 and a 200 day simple moving average of $26.28. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $33.00 target price on shares of AT&T in a research note on Thursday, January 29th. Barclays dropped their price target on AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Wolfe Research downgraded shares of AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. KeyCorp reaffirmed an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. Finally, Loop Capital set a $29.00 price objective on shares of AT&T in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $30.35.

About AT&T

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.