ABN Amro Investment Solutions Acquires 32,096 Shares of AT&T Inc. $T

ABN Amro Investment Solutions boosted its holdings in shares of AT&T Inc. (NYSE:TFree Report) by 9.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 387,796 shares of the technology company’s stock after buying an additional 32,096 shares during the quarter. ABN Amro Investment Solutions’ holdings in AT&T were worth $11,242,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of T. IFM Investors Pty Ltd lifted its stake in shares of AT&T by 5.3% in the first quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock valued at $43,142,000 after buying an additional 74,684 shares during the period. Parr Mcknight Wealth Management Group LLC acquired a new stake in AT&T during the first quarter worth about $2,901,000. World Investment Advisors increased its stake in AT&T by 85.0% during the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock valued at $8,419,000 after acquiring an additional 155,728 shares during the period. Annex Advisory Services LLC increased its stake in AT&T by 749.1% during the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock valued at $3,964,000 after acquiring an additional 140,802 shares during the period. Finally, Cerity Partners LLC raised its holdings in AT&T by 3.7% in the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock valued at $41,449,000 after acquiring an additional 59,279 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

Key Stories Impacting AT&T

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

Analyst Ratings Changes

T has been the subject of a number of research reports. Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Barclays reduced their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. The Goldman Sachs Group set a $30.00 price target on shares of AT&T in a research report on Wednesday. Morgan Stanley lowered their price objective on AT&T from $30.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. Finally, Royal Bank Of Canada reduced their target price on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Monday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, AT&T has a consensus rating of “Moderate Buy” and an average price target of $29.19.

View Our Latest Research Report on T

AT&T Stock Up 3.5%

NYSE T opened at $23.04 on Thursday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The stock has a market capitalization of $160.06 billion, a P/E ratio of 7.73, a price-to-earnings-growth ratio of 0.88 and a beta of 0.24. The stock has a fifty day moving average of $22.83 and a 200-day moving average of $25.25.

AT&T (NYSE:TGet Free Report) last issued its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same quarter last year, the firm earned $0.54 EPS. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts forecast that AT&T Inc. will post 2.32 EPS for the current year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. The ex-dividend date is Friday, July 10th. AT&T’s payout ratio is presently 37.25%.

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 Articles

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.