AT&T Inc. $T Shares Sold by TD Private Client Wealth LLC

TD Private Client Wealth LLC lowered its position in shares of AT&T Inc. (NYSE:T) by 16.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 186,392 shares of the technology company’s stock after selling 36,932 shares during the quarter. TD Private Client Wealth LLC’s holdings in AT&T were worth $4,630,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of AT&T by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after purchasing an additional 3,585,661 shares during the period. State Street Corp raised its position in shares of AT&T by 0.8% during the 3rd quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock worth $9,143,407,000 after purchasing an additional 2,704,536 shares during the period. Capital Research Global Investors raised its position in shares of AT&T by 0.6% during the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after purchasing an additional 370,455 shares during the period. Invesco Ltd. raised its position in shares of AT&T by 8.6% during the 3rd quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after purchasing an additional 4,584,316 shares during the period. Finally, Legal & General Group Plc raised its position in shares of AT&T by 1.4% during the 3rd quarter. Legal & General Group Plc now owns 48,559,566 shares of the technology company’s stock worth $1,371,322,000 after purchasing an additional 691,221 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Performance

Shares of NYSE T opened at $24.44 on Tuesday. The stock has a fifty day moving average price of $26.86 and a two-hundred day moving average price of $26.00. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a market cap of $169.79 billion, a P/E ratio of 8.20, a PEG ratio of 0.88 and a beta of 0.23. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79.

AT&T (NYSE:T) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The business had revenue of $31.51 billion during 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% compared to the same quarter last year. During the same period last year, the company posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts forecast 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. Stockholders of record on Friday, April 10th were issued a $0.2775 dividend. The ex-dividend date was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.5%. AT&T’s dividend payout ratio is presently 37.25%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. KeyCorp increased their price target on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. BNP Paribas Exane dropped their price target 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. TD Cowen reiterated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. UBS Group reiterated a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective for the company in a report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.55.

AT&T Company Profile

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.