Dakota Wealth Management Has $1.10 Million Position in AT&T Inc. $T

Dakota Wealth Management cut its stake in shares of AT&T Inc. (NYSE:TFree Report) by 67.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 44,356 shares of the technology company’s stock after selling 93,134 shares during the quarter. Dakota Wealth Management’s holdings in AT&T were worth $1,102,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. CoreCap Advisors LLC lifted its stake in shares of AT&T by 19.6% in the 4th quarter. CoreCap Advisors LLC now owns 73,213 shares of the technology company’s stock valued at $1,819,000 after acquiring an additional 11,980 shares during the last quarter. Mather Group LLC. grew its position in AT&T by 1.7% during the 4th quarter. Mather Group LLC. now owns 96,231 shares of the technology company’s stock worth $2,390,000 after acquiring an additional 1,649 shares during the last quarter. Fort Washington Investment Advisors Inc. OH increased its holdings in AT&T by 2.0% in the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 2,332,110 shares of the technology company’s stock worth $57,930,000 after purchasing an additional 45,937 shares in the last quarter. Synergy Asset Management LLC increased its holdings in AT&T by 1,724.5% in the 4th quarter. Synergy Asset Management LLC now owns 129,926 shares of the technology company’s stock worth $3,227,000 after purchasing an additional 122,805 shares in the last quarter. Finally, LongView Wealth Management raised its position in AT&T by 1.9% in the fourth quarter. LongView Wealth Management now owns 32,325 shares of the technology company’s stock valued at $767,000 after purchasing an additional 599 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently commented on T shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 price target on shares of AT&T in a research note on Thursday, January 29th. Citigroup raised their price objective on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a report on Monday, March 23rd. KeyCorp lifted their target price on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Royal Bank Of Canada reissued an “outperform” rating and set a $31.00 target price on shares of AT&T in a report on Thursday, February 12th. Finally, Williams Trading set a $32.00 price target on shares of AT&T in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.72.

Check Out Our Latest Research Report on AT&T

Key Headlines Impacting AT&T

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AT&T Price Performance

T stock opened at $29.16 on Monday. 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 $203.66 billion, a price-to-earnings ratio of 9.56, a PEG ratio of 1.09 and a beta of 0.39. The company’s fifty day simple moving average is $27.21 and its 200 day simple moving average is $26.22. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79.

AT&T (NYSE:TGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping 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 firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same period last year, the business posted $0.43 EPS. The business’s 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. On average, analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

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.

See Also

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

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