56,849 Shares in AT&T Inc. $T Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in AT&T Inc. (NYSE:TFree Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 56,849 shares of the technology company’s stock, valued at approximately $1,605,000.

A number of other large investors also recently bought and sold shares of T. Vanguard Group Inc. boosted its holdings in shares of AT&T by 1.6% in the second quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock valued at $19,139,620,000 after acquiring an additional 10,310,560 shares in the last quarter. State Street Corp lifted its position in AT&T by 2.4% in the second quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock valued at $9,291,781,000 after purchasing an additional 7,404,376 shares during the period. Geode Capital Management LLC lifted its position in AT&T by 1.2% in the second quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock valued at $4,958,066,000 after purchasing an additional 2,066,026 shares during the period. Norges Bank purchased a new stake in AT&T in the 2nd quarter valued at approximately $2,228,655,000. Finally, Ameriprise Financial Inc. boosted its holdings in AT&T by 8.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock valued at $1,598,697,000 after purchasing an additional 4,404,688 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Trading Up 4.3%

Shares of T stock opened at $25.10 on Friday. The stock has a market cap of $177.91 billion, a P/E ratio of 8.23, a P/E/G ratio of 1.31 and a beta of 0.39. The company has a quick ratio of 0.96, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The business has a fifty day simple moving average of $24.49 and a 200-day simple moving average of $26.34.

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, topping 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 business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be given a $0.2775 dividend. The ex-dividend date is Monday, January 12th. This represents a $1.11 annualized dividend and a dividend yield of 4.4%. AT&T’s dividend payout ratio is currently 36.04%.

Key AT&T News

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

Analyst Ratings Changes

A number of brokerages have recently issued reports on T. Royal Bank Of Canada cut their target price on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, October 23rd. Loop Capital set a $29.00 price objective on AT&T in a research report on Friday, December 19th. Scotiabank reissued a “sector perform” rating and issued a $29.50 target price on shares of AT&T in a report on Wednesday, January 7th. Wall Street Zen lowered shares of AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $33.00 price target on shares of AT&T in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.83.

Get Our Latest Stock Analysis on T

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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