AT&T Inc. $T Shares Purchased by Canada Post Corp Registered Pension Plan

Canada Post Corp Registered Pension Plan raised its position in AT&T Inc. (NYSE:T) by 61.4% in the third quarter, Holdings Channel reports. The fund owned 212,687 shares of the technology company’s stock after buying an additional 80,893 shares during the period. 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 hedge funds and other institutional investors have also modified their holdings of T. Denali Advisors LLC increased its position in AT&T by 5.9% in the 2nd quarter. Denali Advisors LLC now owns 401,037 shares of the technology company’s stock valued at $11,606,000 after acquiring an additional 22,394 shares during the period. Csenge Advisory Group grew its stake in shares of AT&T by 20.3% in the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after purchasing an additional 31,935 shares during the last quarter. Tredje AP fonden increased its holdings in shares of AT&T by 1.8% in the second quarter. Tredje AP fonden now owns 1,221,395 shares of the technology company’s stock valued at $35,347,000 after purchasing an additional 21,720 shares during the period. Sentry Investment Management LLC raised its stake in shares of AT&T by 153.2% during the second quarter. Sentry Investment Management LLC now owns 22,095 shares of the technology company’s stock worth $625,000 after purchasing an additional 13,370 shares during the last quarter. Finally, Vise Technologies Inc. acquired a new stake in shares of AT&T during the second quarter worth $6,221,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Loop Capital set a $29.00 price objective on shares of AT&T in a research report on Friday, December 19th. Scotiabank restated a “sector perform” rating and issued a $29.50 price objective on shares of AT&T in a research report on Wednesday, January 7th. Wall Street Zen cut AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 target price on shares of AT&T in a research note on Thursday, January 29th. Finally, Wolfe Research downgraded AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.83.

AT&T Stock Performance

T opened at $27.14 on Friday. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79. The stock has a market cap of $192.41 billion, a P/E ratio of 8.90, a P/E/G ratio of 1.01 and a beta of 0.39. The stock’s 50 day simple moving average is $24.61 and its 200 day simple moving average is $26.33. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86.

AT&T (NYSE:T) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The company had revenue of $33.47 billion for 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% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts anticipate that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

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

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.