AT&T Inc. $T Shares Sold by Huntington National Bank

Huntington National Bank cut its stake in AT&T Inc. (NYSE:TFree Report) by 8.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 398,999 shares of the technology company’s stock after selling 38,095 shares during the period. Huntington National Bank’s holdings in AT&T were worth $11,268,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in AT&T by 26.5% during the 4th 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. AlphaQuest LLC increased its holdings in shares of AT&T by 962.3% in the second quarter. AlphaQuest LLC now owns 3,665 shares of the technology company’s stock valued at $106,000 after purchasing an additional 3,320 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its stake in shares of AT&T by 4.1% in the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 32,360 shares of the technology company’s stock worth $937,000 after purchasing an additional 1,279 shares during the last quarter. Creative Financial Designs Inc. ADV raised its stake in shares of AT&T by 125.2% in the second quarter. Creative Financial Designs Inc. ADV now owns 82,971 shares of the technology company’s stock worth $2,401,000 after purchasing an additional 46,128 shares during the last quarter. Finally, Linscomb Wealth Inc. lifted its holdings in shares of AT&T by 5.4% during the second quarter. Linscomb Wealth Inc. now owns 38,629 shares of the technology company’s stock worth $1,118,000 after purchasing an additional 1,962 shares during the period. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on T shares. Arete Research set a $20.00 price target on shares of AT&T in a report on Tuesday, January 6th. Wells Fargo & Company decreased their price objective on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Morgan Stanley reduced their target price on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Finally, Wolfe Research downgraded shares of AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.93.

Check Out Our Latest Stock Report on AT&T

AT&T Stock Performance

AT&T stock opened at $27.97 on Friday. The stock has a fifty day moving average price of $25.63 and a 200 day moving average price of $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 Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The firm has a market capitalization of $195.79 billion, a P/E ratio of 9.17, a PEG ratio of 1.04 and a beta of 0.39.

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

AT&T Dividend Announcement

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

AT&T News Summary

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

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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