AT&T Inc. $T Shares Acquired by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ lifted its position in AT&T Inc. (NYSE:T) by 1.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,255,794 shares of the technology company’s stock after purchasing an additional 38,919 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in AT&T were worth $63,704,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of T. Brighton Jones LLC increased its stake in shares of AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after acquiring an additional 10,188 shares during the period. Carnegie Investment Counsel boosted its holdings in AT&T by 5.4% in the second quarter. Carnegie Investment Counsel now owns 22,557 shares of the technology company’s stock valued at $653,000 after purchasing an additional 1,153 shares during the last quarter. AlTi Global Inc. grew its position in AT&T by 119.4% during the 2nd quarter. AlTi Global Inc. now owns 26,860 shares of the technology company’s stock worth $774,000 after purchasing an additional 14,619 shares during the period. West Michigan Advisors LLC grew its position in AT&T by 6.1% during the 2nd quarter. West Michigan Advisors LLC now owns 9,741 shares of the technology company’s stock worth $282,000 after purchasing an additional 561 shares during the period. Finally, AlphaQuest LLC raised its stake in shares of AT&T by 962.3% during the 2nd quarter. AlphaQuest LLC now owns 3,665 shares of the technology company’s stock valued at $106,000 after buying an additional 3,320 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on T. The Goldman Sachs Group lowered their target price on AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Scotiabank reissued a “sector perform” rating and issued a $29.50 price target on shares of AT&T in a report on Wednesday, January 7th. Sanford C. Bernstein lowered their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 target price on shares of AT&T in a report on Thursday, February 12th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.93.

AT&T Stock Up 0.4%

Shares of T opened at $28.00 on Friday. The firm has a market cap of $195.99 billion, a P/E ratio of 9.18, a PEG ratio of 1.04 and a beta of 0.39. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The stock’s 50 day moving average is $25.25 and its two-hundred day moving average is $26.36. 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:T) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the prior year, the company posted $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. Analysts predict that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

AT&T Company Profile

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.