Natixis Advisors LLC Has $56.23 Million Position in AT&T Inc. $T

Natixis Advisors LLC lowered its holdings in AT&T Inc. (NYSE:T) by 41.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 2,263,728 shares of the technology company’s stock after selling 1,572,574 shares during the period. Natixis Advisors LLC’s holdings in AT&T were worth $56,231,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of T. GGM Financials LLC acquired a new position in AT&T in the third quarter worth $25,000. Rachor Investment Advisory Services LLC bought a new position in AT&T in the 4th quarter valued at $25,000. Cresta Advisors Ltd. bought a new position in AT&T in the 4th quarter valued at $26,000. Blueline Advisors LLC bought a new position in AT&T in the 4th quarter valued at $26,000. Finally, OFI Invest Asset Management boosted its position in AT&T by 84.2% in the 4th quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company’s stock valued at $27,000 after buying an additional 496,804 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Negative Sentiment: Oppenheimer downgraded AT&T to “Perform”, citing rising competitive risk from SpaceX’s satellite broadband ambitions and potential pressure from Amazon Leo. Analysts warned that investors may be underestimating the threat to AT&T’s fiber and internet growth outlook. Article Title
• Negative Sentiment: Investors are also focused on AT&T’s fiber spending and whether heavy investment will weigh on free cash flow and dividend coverage in the near term, which is adding to caution around the stock. Article Title
• Neutral Sentiment: AT&T announced a simplified home fiber pricing structure, aiming to make its internet plans easier to understand and potentially more attractive to bundled wireless customers. The move could help sales, but it also highlights continued competition on pricing. Article Title
• Neutral Sentiment: AT&T also announced a new Disney/Pixar “Toy Story 5” campaign and an expanded connected-car collaboration with LiveOne and Cisco. These developments support brand and ecosystem expansion, but they are not likely the main drivers of the stock today. Article Title Article Title

Wall Street Analyst Weigh In

A number of brokerages have commented on T. Scotiabank decreased their price objective on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 23rd. Weiss Ratings lowered AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. BNP Paribas Exane decreased their price objective 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. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday. Finally, Morgan Stanley began coverage on AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

AT&T Stock Performance

T stock opened at $23.55 on Thursday. The business’s 50-day moving average price is $26.14 and its two-hundred day moving average price is $25.99. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The firm has a market cap of $163.65 billion, a PE ratio of 7.90, a P/E/G ratio of 0.90 and a beta of 0.21. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79.

AT&T (NYSE:T) last posted its earnings results 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 firm 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 for the quarter was up 2.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts forecast that AT&T Inc. will post 2.31 earnings per share for the current year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.7%. AT&T’s dividend payout ratio (DPR) is currently 37.25%.

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.