Mirabella Financial Services LLP Purchases New Shares in AT&T Inc. $T

Mirabella Financial Services LLP acquired a new position in shares of AT&T Inc. (NYSE:T) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 162,557 shares of the technology company’s stock, valued at approximately $4,591,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of T. Vanguard Group Inc. raised its stake in AT&T by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock worth $19,139,620,000 after purchasing an additional 10,310,560 shares in the last quarter. State Street Corp boosted its holdings in AT&T by 2.4% in the 2nd quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock valued at $9,291,781,000 after purchasing an additional 7,404,376 shares during the period. Norges Bank acquired a new position in shares of AT&T during the 2nd quarter worth approximately $2,228,655,000. Capital Research Global Investors increased its holdings in shares of AT&T by 0.6% during the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after purchasing an additional 370,455 shares during the period. Finally, Invesco Ltd. raised its position in shares of AT&T by 8.6% in the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock valued at $1,632,932,000 after buying an additional 4,584,316 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on T shares. Wolfe Research downgraded shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Williams Trading set a $32.00 price target on AT&T in a research note on Thursday, January 29th. Wells Fargo & Company dropped their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a research note on Tuesday, March 10th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $30.35.

AT&T Price Performance

Shares of NYSE:T opened at $27.73 on Tuesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The firm has a market cap of $194.09 billion, a PE ratio of 9.09, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39. The firm’s fifty day moving average is $26.38 and its 200-day moving average is $26.28.

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

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.