AT&T Inc. $T Shares Acquired by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. increased its holdings in AT&T Inc. (NYSE:T) by 9.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,108,762 shares of the technology company’s stock after acquiring an additional 94,743 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in AT&T were worth $27,542,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Amundi increased its stake in AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock valued at $1,094,184,000 after purchasing an additional 17,040,328 shares during the period. Woodline Partners LP lifted its position in AT&T by 931.4% during the 3rd quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock worth $226,702,000 after acquiring an additional 7,249,373 shares during the period. PFA Pension Forsikringsaktieselskab purchased a new position in shares of AT&T in the 4th quarter valued at approximately $126,050,000. SG Americas Securities LLC increased its holdings in shares of AT&T by 222.7% in the fourth quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock valued at $170,076,000 after purchasing an additional 4,725,382 shares during the period. Finally, California Public Employees Retirement System raised its stake in shares of AT&T by 23.2% during the third quarter. California Public Employees Retirement System now owns 24,472,780 shares of the technology company’s stock worth $691,111,000 after purchasing an additional 4,613,259 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Price Performance

T stock opened at $25.14 on Friday. The firm has a 50 day moving average of $27.36 and a 200-day moving average of $26.04. The company has a market cap of $174.69 billion, a price-to-earnings ratio of 8.44, a PEG ratio of 0.93 and a beta of 0.23. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79.

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

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.

Analyst Upgrades and Downgrades

T has been the topic of several recent research reports. Citigroup boosted their price objective on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research note on Monday, March 23rd. Royal Bank Of Canada reissued an “outperform” rating and set a $31.00 price target on shares of AT&T in a report on Thursday, February 12th. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a report on Tuesday, March 10th. Morgan Stanley began coverage on AT&T in a research report on Thursday, April 16th. They set an “overweight” rating and a $30.00 target price on the stock. Finally, Sanford C. Bernstein reduced their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $30.55.

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.