AT&T Inc. $T Shares Sold by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC lowered its position in AT&T Inc. (NYSE:T) by 6.3% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 907,241 shares of the technology company’s stock after selling 61,269 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in AT&T were worth $22,536,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in T. GGM Financials LLC acquired a new stake in shares of AT&T in the third quarter valued at about $25,000. Rachor Investment Advisory Services LLC purchased a new position in shares of AT&T in the fourth quarter worth about $25,000. Cresta Advisors Ltd. acquired a new position in AT&T during the fourth quarter worth about $26,000. Blueline Advisors LLC acquired a new position in AT&T during the fourth quarter worth about $26,000. Finally, Winnow Wealth LLC grew its stake in AT&T by 362.8% during the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after acquiring an additional 820 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Performance

NYSE:T opened at $23.54 on Monday. The company’s 50-day moving average is $25.32 and its two-hundred day moving average is $25.86. AT&T Inc. has a 1-year low of $22.32 and a 1-year high of $29.79. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The firm has a market capitalization of $163.56 billion, a price-to-earnings ratio of 7.90, a PEG ratio of 0.98 and a beta of 0.21.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts forecast that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.7%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is presently 37.25%.

Analysts Set New Price Targets

T has been the topic of a number of research reports. Weiss Ratings lowered shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. KeyCorp increased their price target on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a report on Wednesday, March 25th. Wall Street Zen downgraded AT&T from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. BNP Paribas Exane lowered their price objective on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Finally, Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price for the company in a report on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $30.55.

AT&T 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.