Stratos Wealth Partners LTD. Cuts Position in AT&T Inc. $T

Stratos Wealth Partners LTD. trimmed its holdings in shares of AT&T Inc. (NYSE:TFree Report) by 15.2% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 229,429 shares of the technology company’s stock after selling 41,112 shares during the period. Stratos Wealth Partners LTD.’s holdings in AT&T were worth $5,699,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in T. Amundi increased its position in AT&T by 67.5% during the 3rd quarter. Amundi now owns 42,295,492 shares of the technology company’s stock valued at $1,094,184,000 after buying an additional 17,040,328 shares in the last quarter. State Street Corp raised its stake in AT&T by 2.4% during 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 last quarter. Woodline Partners LP boosted its holdings in AT&T by 931.4% in the third quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock worth $226,702,000 after acquiring an additional 7,249,373 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of AT&T by 222.7% in the fourth quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock worth $170,076,000 after acquiring an additional 4,725,382 shares during the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of AT&T by 23.2% in 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 acquiring an additional 4,613,259 shares during the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T News Summary

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

AT&T Price Performance

Shares of T opened at $28.31 on Monday. The firm has a fifty day simple moving average of $27.71 and a two-hundred day simple moving average of $26.19. The firm has a market cap of $197.72 billion, a PE ratio of 9.28, a P/E/G ratio of 1.06 and a beta of 0.34. 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 Inc. has a 1-year low of $22.95 and a 1-year high of $29.79.

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

AT&T Dividend Announcement

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

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $33.00 price target on shares of AT&T in a research report on Thursday, January 29th. The Goldman Sachs Group cut their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Williams Trading set a $32.00 price objective on shares of AT&T in a research note on Thursday, January 29th. Wells Fargo & Company decreased their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, January 26th. Finally, TD Cowen reiterated a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $30.74.

View Our Latest Stock Analysis on AT&T

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.

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

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