TD Waterhouse Canada Inc. Acquires 59,134 Shares of AT&T Inc. $T

TD Waterhouse Canada Inc. boosted its holdings in shares of AT&T Inc. (NYSE:TFree Report) by 4.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,334,368 shares of the technology company’s stock after purchasing an additional 59,134 shares during the period. TD Waterhouse Canada Inc.’s holdings in AT&T were worth $36,680,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in T. Front Row Advisors LLC bought a new stake in shares of AT&T during the second quarter worth $25,000. Mountain Hill Investment Partners Corp. boosted its position 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 buying an additional 702 shares during the last quarter. Kennebec Savings Bank increased its stake in shares of AT&T by 412.1% in the 2nd quarter. Kennebec Savings Bank now owns 973 shares of the technology company’s stock valued at $28,000 after buying an additional 783 shares during the period. Solstein Capital LLC boosted its holdings in AT&T by 217.3% in the second quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after acquiring an additional 652 shares during the last quarter. Finally, Curio Wealth LLC increased its position in AT&T by 26,100.0% in the second quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock worth $30,000 after purchasing an additional 1,044 shares during the period. 57.10% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts have recently issued reports on T shares. Scotiabank reaffirmed a “sector perform” rating and issued a $29.50 target price on shares of AT&T in a research note on Wednesday, January 7th. Wall Street Zen lowered shares of AT&T from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. UBS Group restated a “buy” rating on shares of AT&T in a research report on Thursday, October 23rd. Morgan Stanley lowered their price target on AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, AT&T presently has an average rating of “Moderate Buy” and a consensus price target of $29.78.

Get Our Latest Stock Report on T

AT&T Stock Up 4.6%

AT&T stock opened at $24.06 on Thursday. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.01 and a quick ratio of 0.96. The company’s 50-day moving average is $24.50 and its 200-day moving average is $26.35. The firm has a market capitalization of $170.57 billion, a PE ratio of 7.81, a P/E/G ratio of 1.25 and a beta of 0.39. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79.

AT&T (NYSE:TGet Free Report) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a return on equity of 12.72% and a net margin of 17.87%.The firm’s revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend is Monday, January 12th. AT&T’s payout ratio is 36.04%.

Key AT&T News

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.

Further Reading

Institutional Ownership by Quarter for AT&T (NYSE:T)

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