Jones Financial Companies Lllp Acquires 155,340 Shares of AT&T Inc. $T

Jones Financial Companies Lllp boosted its holdings in shares of AT&T Inc. (NYSE:TFree Report) by 14.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,218,998 shares of the technology company’s stock after buying an additional 155,340 shares during the quarter. Jones Financial Companies Lllp’s holdings in AT&T were worth $34,507,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Denali Advisors LLC raised its holdings in AT&T by 5.9% during the 2nd quarter. Denali Advisors LLC now owns 401,037 shares of the technology company’s stock worth $11,606,000 after purchasing an additional 22,394 shares during the last quarter. Csenge Advisory Group grew its position in shares of AT&T by 20.3% during the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock worth $5,346,000 after buying an additional 31,935 shares during the period. Tredje AP fonden raised its stake in shares of AT&T by 1.8% during the second quarter. Tredje AP fonden now owns 1,221,395 shares of the technology company’s stock worth $35,347,000 after buying an additional 21,720 shares during the last quarter. Sentry Investment Management LLC lifted its holdings in AT&T by 153.2% in the second quarter. Sentry Investment Management LLC now owns 22,095 shares of the technology company’s stock valued at $625,000 after buying an additional 13,370 shares during the period. Finally, Vise Technologies Inc. bought a new position in AT&T in the second quarter valued at approximately $6,221,000. 57.10% of the stock is currently owned by institutional investors.

More AT&T News

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

Analyst Ratings Changes

Several brokerages have commented on T. Arete Research set a $20.00 target price on shares of AT&T in a research report on Tuesday, January 6th. Wolfe Research downgraded AT&T from an “outperform” rating to a “peer perform” rating in a report on Monday, December 15th. Sanford C. Bernstein cut their target price on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. UBS Group restated a “buy” rating on shares of AT&T in a report on Thursday. Finally, Loop Capital set a $29.00 price target on shares of AT&T in a research report on Friday, December 19th. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $29.83.

View Our Latest Analysis on T

AT&T Stock Up 0.3%

Shares of AT&T stock opened at $26.30 on Tuesday. The company has a market capitalization of $186.42 billion, a P/E ratio of 8.62, a price-to-earnings-growth ratio of 0.97 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The business has a 50-day moving average of $24.51 and a two-hundred day moving average of $26.32. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79.

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

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

AT&T Profile

(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

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.