Canada Post Corp Registered Pension Plan Increases Position in AT&T Inc. $T

Canada Post Corp Registered Pension Plan grew its holdings in AT&T Inc. (NYSE:T) by 61.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 212,687 shares of the technology company’s stock after purchasing an additional 80,893 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in AT&T were worth $5,970,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Front Row Advisors LLC purchased a new stake in shares of AT&T in the second quarter valued at about $25,000. Mountain Hill Investment Partners Corp. boosted its holdings in AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares during the last quarter. Solstein Capital LLC boosted its holdings in AT&T by 217.3% in the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after purchasing an additional 652 shares during the last quarter. Curio Wealth LLC grew its stake in shares of AT&T by 26,100.0% in the 2nd quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock valued at $30,000 after buying an additional 1,044 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of AT&T during the 2nd quarter worth approximately $32,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T Stock Down 0.6%

Shares of NYSE:T opened at $27.14 on Friday. The firm has a market capitalization of $192.41 billion, a PE ratio of 8.90, a price-to-earnings-growth ratio of 1.01 and a beta of 0.39. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The firm’s 50-day moving average is $24.61 and its two-hundred day moving average is $26.33.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS 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 business had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. During the same quarter last year, the firm posted $0.43 earnings per share. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the company. Loop Capital set a $29.00 price objective on AT&T in a research report on Friday, December 19th. UBS Group reiterated a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Williams Trading set a $32.00 price objective on shares of AT&T in a report on Thursday, January 29th. Royal Bank Of Canada decreased their target price on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Thursday, October 23rd. Finally, KeyCorp reissued an “overweight” rating on shares of AT&T in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.83.

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.