AT&T Inc. $T Shares Purchased by MUFG Securities EMEA plc

MUFG Securities EMEA plc grew its stake in shares of AT&T Inc. (NYSE:T) by 112.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 290,636 shares of the technology company’s stock after purchasing an additional 153,773 shares during the quarter. MUFG Securities EMEA plc’s holdings in AT&T were worth $7,219,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. GGM Financials LLC acquired a new position in shares of AT&T during the third quarter valued at about $25,000. Rachor Investment Advisory Services LLC purchased a new stake in AT&T in the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. purchased a new stake in AT&T in the fourth quarter valued at approximately $26,000. Blueline Advisors LLC purchased a new stake in AT&T in the fourth quarter valued at approximately $26,000. Finally, OFI Invest Asset Management boosted its position in AT&T by 84.2% in the fourth quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company’s stock valued at $27,000 after buying an additional 496,804 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Trading Up 0.0%

AT&T stock opened at $24.80 on Monday. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The stock’s 50 day simple moving average is $26.39 and its two-hundred day simple moving average is $26.02. The firm has a market cap of $172.33 billion, a PE ratio of 8.32, a P/E/G ratio of 0.90 and a beta of 0.21.

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

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is currently 37.25%.

Analyst Upgrades and Downgrades

T has been the topic of a number of recent research reports. Citigroup upped their target price on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. KeyCorp upped their target price on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday, March 25th. Oppenheimer upped their target price on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research report on Tuesday, March 10th. Finally, Morgan Stanley initiated coverage on AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $30.55.

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.