111 Capital Purchases Shares of 59,370 AT&T Inc. $T

111 Capital bought a new position in AT&T Inc. (NYSE:TFree Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 59,370 shares of the technology company’s stock, valued at approximately $1,677,000.

Several other institutional investors have also bought and sold shares of T. Vanguard Group Inc. lifted its holdings in shares of AT&T by 1.6% in 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 last quarter. State Street Corp lifted its stake 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 acquiring an additional 7,404,376 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of AT&T by 1.2% during the second quarter. Geode Capital Management LLC now owns 172,039,872 shares of the technology company’s stock worth $4,958,066,000 after purchasing an additional 2,066,026 shares during the last quarter. Norges Bank bought a new stake in AT&T during the 2nd quarter valued at about $2,228,655,000. Finally, Ameriprise Financial Inc. raised its stake in shares of AT&T by 8.7% during the second quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock valued at $1,598,697,000 after acquiring an additional 4,404,688 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

AT&T Price Performance

Shares of NYSE:T opened at $27.97 on Monday. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The company has a market cap of $195.79 billion, a PE ratio of 9.17, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39. The company’s 50 day moving average is $25.63 and its 200 day moving average is $26.34.

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 analysts’ consensus estimates 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 quarter last year, the business posted $0.43 EPS. The company’s revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts forecast that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

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

Key Stories Impacting AT&T

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

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Williams Trading set a $32.00 price target on shares of AT&T in a research report on Thursday, January 29th. Scotiabank reaffirmed a “sector perform” rating and issued a $29.50 price target on shares of AT&T in a report on Wednesday, January 7th. Wolfe Research downgraded AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. Loop Capital set a $29.00 price objective on shares of AT&T in a research report on Friday, December 19th. Finally, Barclays dropped their target price on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. One equities 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. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.93.

Check Out Our Latest Research Report on AT&T

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.

Featured Stories

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.