Y Intercept Hong Kong Ltd Buys Shares of 56,849 AT&T Inc. $T

Y Intercept Hong Kong Ltd purchased a new position in shares of AT&T Inc. (NYSE:TFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 56,849 shares of the technology company’s stock, valued at approximately $1,605,000.

A number of other institutional investors have also modified their holdings of T. Brighton Jones LLC boosted its holdings in shares of AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Cooper Financial Group lifted its position in AT&T by 9.7% during the second quarter. Cooper Financial Group now owns 26,903 shares of the technology company’s stock worth $779,000 after buying an additional 2,387 shares during the period. Bartlett & CO. Wealth Management LLC boosted its stake in AT&T by 3.5% in the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 119,207 shares of the technology company’s stock worth $3,450,000 after buying an additional 4,058 shares during the last quarter. Trilogy Capital Inc. boosted its stake in AT&T by 86.1% in the 2nd quarter. Trilogy Capital Inc. now owns 22,233 shares of the technology company’s stock worth $643,000 after buying an additional 10,284 shares during the last quarter. Finally, Heritage Financial Services LLC grew its holdings in AT&T by 35.5% in the 2nd quarter. Heritage Financial Services LLC now owns 13,899 shares of the technology company’s stock valued at $402,000 after buying an additional 3,640 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on T. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Sanford C. Bernstein dropped their price target on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Arete Research set a $20.00 price target on shares of AT&T in a research note on Tuesday, January 6th. Barclays lowered their price objective on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Finally, Wells Fargo & Company dropped their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.83.

Get Our Latest Research Report on AT&T

AT&T Trading Up 4.3%

Shares of T stock opened at $25.10 on Friday. The company has a quick ratio of 0.96, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The firm’s 50 day moving average price is $24.49 and its two-hundred day moving average price is $26.34. The stock has a market cap of $177.91 billion, a price-to-earnings ratio of 8.23, a price-to-earnings-growth ratio of 1.31 and a beta of 0.39.

AT&T (NYSE:TGet Free Report) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 12th will be paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date is Monday, January 12th. AT&T’s payout ratio is currently 36.04%.

Trending Headlines about AT&T

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

About AT&T

(Free Report)

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.

Read More

Want to see what other hedge funds are holding T? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&T Inc. (NYSE:TFree Report).

Institutional Ownership by Quarter for AT&T (NYSE:T)

Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter.