APG Asset Management N.V. Acquires 35,608 Shares of AT&T Inc. $T

APG Asset Management N.V. raised its holdings in AT&T Inc. (NYSE:TFree Report) by 0.5% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,791,980 shares of the technology company’s stock after purchasing an additional 35,608 shares during the period. APG Asset Management N.V. owned approximately 0.10% of AT&T worth $191,806,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in T. Norges Bank acquired a new stake in AT&T during the second quarter worth approximately $2,228,655,000. Vanguard Group Inc. lifted its position in shares of AT&T by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock valued at $19,139,620,000 after acquiring an additional 10,310,560 shares during the period. Marshall Wace LLP acquired a new stake in shares of AT&T during the 2nd quarter worth $235,422,000. State Street Corp grew its holdings in shares of AT&T by 2.4% during the 2nd quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock worth $9,291,781,000 after purchasing an additional 7,404,376 shares in the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of AT&T by 59.6% in the second quarter. Acadian Asset Management LLC now owns 14,493,357 shares of the technology company’s stock worth $419,403,000 after purchasing an additional 5,410,596 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Performance

NYSE T opened at $27.97 on Friday. The firm’s fifty day moving average price is $25.63 and its two-hundred day moving average price is $26.36. The stock has a market cap of $195.79 billion, a PE ratio of 9.17, a PEG ratio of 1.04 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79.

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

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on T. Barclays cut 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 report on Tuesday, January 13th. TD Cowen restated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Loop Capital set a $29.00 price target on shares of AT&T in a research report on Friday, December 19th. Scotiabank reissued a “sector perform” rating and issued a $29.50 price objective on shares of AT&T in a research note on Wednesday, January 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and an average target price of $29.93.

Read Our Latest Research Report on T

Key AT&T News

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AT&T Company 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.

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

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