AT&T Inc. $T Stock Holdings Reduced by Bleakley Financial Group LLC

Bleakley Financial Group LLC cut its position in shares of AT&T Inc. (NYSE:T) by 22.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 233,673 shares of the technology company’s stock after selling 65,976 shares during the period. Bleakley Financial Group LLC’s holdings in AT&T were worth $6,599,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in T. Inspire Trust Co. N.A. raised its position in AT&T by 13.9% during the third quarter. Inspire Trust Co. N.A. now owns 205,000 shares of the technology company’s stock valued at $5,789,000 after acquiring an additional 25,000 shares in the last quarter. Lansforsakringar Fondforvaltning AB publ increased its stake in shares of AT&T by 1.8% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 2,255,794 shares of the technology company’s stock worth $63,704,000 after purchasing an additional 38,919 shares during the last quarter. Advyzon Investment Management LLC raised its holdings in shares of AT&T by 37.6% during the 3rd quarter. Advyzon Investment Management LLC now owns 13,339 shares of the technology company’s stock valued at $377,000 after purchasing an additional 3,647 shares in the last quarter. White Pine Capital LLC lifted its stake in shares of AT&T by 1.4% in the 3rd quarter. White Pine Capital LLC now owns 86,145 shares of the technology company’s stock valued at $2,433,000 after purchasing an additional 1,198 shares during the last quarter. Finally, Heartland Bank & Trust Co boosted its holdings in AT&T by 13.3% in the third quarter. Heartland Bank & Trust Co now owns 25,632 shares of the technology company’s stock worth $724,000 after purchasing an additional 3,018 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Stock Up 0.4%

Shares of T stock opened at $28.00 on Monday. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market cap of $195.99 billion, a PE ratio of 9.18, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39. The stock has a 50 day moving average of $25.25 and a 200-day moving average of $26.35.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. AT&T’s quarterly revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the company posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts predict 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 was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.0%. AT&T’s dividend payout ratio is currently 36.39%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. UBS Group restated a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Barclays cut their price objective on AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. KeyCorp reaffirmed an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. Citigroup lowered their price target on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Finally, Wolfe Research cut shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.93.

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.