Financiere des Professionnels Fonds d investissement inc. Takes $8.06 Million Position in AT&T Inc. $T

Financiere des Professionnels Fonds d investissement inc. purchased a new stake in AT&T Inc. (NYSE:T) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 278,209 shares of the technology company’s stock, valued at approximately $8,065,000.

A number of other institutional investors have also recently bought and sold shares of T. Rachor Investment Advisory Services LLC purchased a new stake in AT&T during the fourth quarter valued at about $25,000. Safe Harbor Fiduciary LLC purchased a new position in shares of AT&T in the fourth quarter worth approximately $25,000. Cresta Advisors Ltd. acquired a new stake in shares of AT&T during the fourth quarter valued at approximately $26,000. Blueline Advisors LLC acquired a new stake in shares of AT&T during the fourth quarter valued at approximately $26,000. Finally, Winnow Wealth LLC lifted its position in shares of AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after acquiring an additional 820 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on T. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 price objective on shares of AT&T in a research note on Monday. Citigroup boosted their target price 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. Scotiabank reduced their target price on AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a report on Wednesday. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research report on Wednesday, May 20th. Finally, Barclays dropped their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.34.

AT&T Stock Performance

Shares of T opened at $21.99 on Friday. The company’s 50 day moving average price is $23.05 and its 200 day moving average price is $25.32. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The company has a market capitalization of $152.79 billion, a PE ratio of 7.38, a PEG ratio of 0.84 and a beta of 0.24. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92.

AT&T (NYSE:T) last released its earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same quarter in the prior year, the firm earned $0.51 EPS. The company’s 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. Research analysts expect that AT&T Inc. will post 2.32 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be paid a $0.2775 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.0%. AT&T’s dividend payout ratio is 37.25%.

Key AT&T News

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

• Positive Sentiment: AT&T said an AI system it built to prevent network outages has reduced customer downtime by more than 12 million hours, reinforcing the company’s network reliability story and suggesting potential service-quality and cost-efficiency benefits. Article Title
• Positive Sentiment: AT&T was named the “fastest connectivity provider” in a new Ookla analysis, which supports the company’s marketing message around superior wireless and fiber performance and could help customer acquisition and retention. Article Title
• Positive Sentiment: Several analysts have recently raised earnings estimates or reiterated bullish views on AT&T, including KeyCorp’s higher EPS forecasts and a $36 price target, while Scotiabank’s target of $29.25 still implies meaningful upside from current levels. Article Title
• Positive Sentiment: Hedge-fund positioning appears constructive, with large firms such as Capital World Investors and Goldman Sachs adding to AT&T holdings ahead of earnings, which can be read as a vote of confidence in the stock. Article Title
• Neutral Sentiment: AT&T disclosed $50,000 of Q2 lobbying activity covering spectrum rules, net neutrality, broadband support, and other regulatory issues. This is not a direct operating update, but it highlights ongoing policy risk and advocacy efforts. Article Title
• Neutral Sentiment: AT&T also generated attention from consumer- and business-oriented coverage around higher monthly fees and carrier-plan changes, but these items are more of a mixed backdrop than a clear near-term catalyst. Article Title
• Negative Sentiment: Scotiabank lowered its price target from $31 to $29.25 and kept a “sector perform” rating, which is a mild valuation headwind even though the revised target still sits above the current share price. Article Title

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.