AT&T Inc. $T Shares Bought by Savvy Advisors Inc.

Savvy Advisors Inc. grew its stake in shares of AT&T Inc. (NYSE:TFree Report) by 68.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 145,380 shares of the technology company’s stock after buying an additional 58,858 shares during the period. Savvy Advisors Inc.’s holdings in AT&T were worth $3,611,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Amundi boosted its holdings in AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock valued at $1,094,184,000 after acquiring an additional 17,040,328 shares during the last quarter. State Street Corp raised its holdings in AT&T by 2.4% in the second quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock valued at $9,291,781,000 after buying an additional 7,404,376 shares during the period. Woodline Partners LP lifted its position in AT&T by 931.4% during the third quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock valued at $226,702,000 after buying an additional 7,249,373 shares in the last quarter. SG Americas Securities LLC lifted its position in AT&T by 222.7% during the fourth quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock valued at $170,076,000 after buying an additional 4,725,382 shares in the last quarter. Finally, California Public Employees Retirement System grew its stake in AT&T by 23.2% during the third quarter. California Public Employees Retirement System now owns 24,472,780 shares of the technology company’s stock worth $691,111,000 after buying an additional 4,613,259 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T News Summary

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

AT&T Price Performance

T opened at $28.31 on Friday. The company has a fifty day simple moving average of $27.71 and a 200 day simple moving average of $26.21. The firm has a market cap of $197.72 billion, a price-to-earnings ratio of 9.28, a PEG ratio of 1.06 and a beta of 0.34. 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.

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

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s payout ratio is presently 36.39%.

Analyst Upgrades and Downgrades

T has been the subject of several recent research reports. Oppenheimer increased their price objective on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. The Goldman Sachs Group decreased their price target on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Wolfe Research downgraded AT&T from an “outperform” rating to a “peer perform” rating in a report on Monday, December 15th. TD Cowen reissued a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, Barclays reduced 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. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.74.

View Our Latest Analysis 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.

Further Reading

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

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