AT&T Inc. $T Stock Position Increased by Vontobel Holding Ltd.

Vontobel Holding Ltd. boosted its position in AT&T Inc. (NYSE:T) by 190.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,032,170 shares of the technology company’s stock after purchasing an additional 1,331,794 shares during the quarter. Vontobel Holding Ltd.’s holdings in AT&T were worth $50,479,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. First National Bank of Omaha lifted its position in AT&T by 136.5% in the 4th quarter. First National Bank of Omaha now owns 47,490 shares of the technology company’s stock valued at $1,179,000 after purchasing an additional 27,408 shares during the last quarter. Alchemi Wealth LLC bought a new stake in shares of AT&T during the 4th quarter worth about $509,000. Milford Funds Ltd. bought a new stake in shares of AT&T during the 4th quarter worth about $6,955,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of AT&T by 1.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 50,375,637 shares of the technology company’s stock worth $1,251,331,000 after buying an additional 482,321 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd raised its position in shares of AT&T by 482.0% during the 4th quarter. Y Intercept Hong Kong Ltd now owns 330,857 shares of the technology company’s stock worth $8,218,000 after buying an additional 274,008 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

AT&T Stock Performance

AT&T stock opened at $23.54 on Friday. The firm’s 50 day simple moving average is $25.32 and its 200-day simple moving average is $25.86. The company has a market cap of $163.56 billion, a P/E ratio of 7.90, a price-to-earnings-growth ratio of 0.96 and a beta of 0.21. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. AT&T Inc. has a fifty-two week low of $22.32 and a fifty-two week high of $29.79.

AT&T (NYSE:T) last released 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 business had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the firm posted $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts predict that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms have commented on T. Scotiabank dropped their price target on shares of 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. Citigroup boosted their price target on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Morgan Stanley assumed coverage on shares of AT&T in a research report on Thursday, April 16th. They set an “overweight” rating and a $30.00 price target on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research note on Wednesday, May 20th. Finally, Weiss Ratings cut shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target 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.