Perpetual Ltd Acquires 23,248 Shares of AT&T Inc. $T

Perpetual Ltd boosted its holdings in shares of AT&T Inc. (NYSE:TFree Report) by 36.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 87,794 shares of the technology company’s stock after buying an additional 23,248 shares during the quarter. Perpetual Ltd’s holdings in AT&T were worth $2,181,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Front Row Advisors LLC bought a new stake in AT&T during the second quarter valued at about $25,000. Mountain Hill Investment Partners Corp. increased its holdings in shares of AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after acquiring an additional 702 shares in the last quarter. GGM Financials LLC acquired a new position in AT&T during the 3rd quarter valued at approximately $25,000. Cloud Capital Management LLC acquired a new position in shares of AT&T in the 3rd quarter valued at $31,000. Finally, Howard Hughes Medical Institute acquired a new stake in AT&T during the 2nd quarter worth about $45,000. Institutional investors own 57.10% of the company’s stock.

AT&T Trading Down 0.1%

Shares of NYSE:T opened at $28.31 on Friday. 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 12-month low of $22.95 and a 12-month high of $29.79. The business has a 50 day moving average of $27.71 and a two-hundred day moving average of $26.21. The company has a market capitalization of $197.72 billion, a PE ratio of 9.28, a PEG ratio of 1.06 and a beta of 0.34.

AT&T (NYSE:TGet Free Report) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. During the same period in the previous year, the firm earned $0.43 EPS. The business’s quarterly 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. As a group, analysts forecast that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.9%. AT&T’s dividend payout ratio is 36.39%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on T shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $33.00 price objective on shares of AT&T in a report on Thursday, January 29th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research note on Thursday, February 12th. UBS Group reissued a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Finally, Morgan Stanley decreased their target price on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.74.

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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.

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

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