AT&T Inc. $T Shares Sold by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension cut its stake in AT&T Inc. (NYSE:TFree Report) by 7.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 877,610 shares of the technology company’s stock after selling 71,348 shares during the quarter. Arbejdsmarkedets Tillaegspension’s holdings in AT&T were worth $25,442,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in AT&T by 26.5% during the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. boosted its stake in AT&T by 4,352.9% during the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after buying an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC grew its holdings in AT&T by 4.0% in the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock valued at $775,000 after buying an additional 1,022 shares in the last quarter. HUB Investment Partners LLC raised its holdings in shares of AT&T by 19.6% during the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after acquiring an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp raised its holdings in shares of AT&T by 1.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after acquiring an additional 3,677 shares during the period. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

NYSE T opened at $21.16 on Monday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The company has a market cap of $146.99 billion, a P/E ratio of 7.10, a P/E/G ratio of 0.86 and a beta of 0.24. The stock has a 50-day moving average of $23.38 and a two-hundred day moving average of $25.41. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.79.

AT&T (NYSE:TGet Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company’s revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts anticipate that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 5.2%. AT&T’s dividend payout ratio (DPR) is presently 37.25%.

Wall Street Analyst Weigh In

T has been the topic of a number of recent analyst reports. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. BNP Paribas Exane reduced their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Morgan Stanley decreased their price target on AT&T from $30.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 price target on shares of AT&T in a report on Wednesday, May 20th. Finally, Barclays cut their price objective on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $29.68.

Check Out Our Latest Stock Report on AT&T

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AT&T 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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