AT&T Inc. $T Shares Bought by Holocene Advisors LP

Holocene Advisors LP grew its holdings in shares of AT&T Inc. (NYSE:TFree Report) by 3.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,206,768 shares of the technology company’s stock after purchasing an additional 213,601 shares during the quarter. Holocene Advisors LP owned approximately 0.10% of AT&T worth $203,519,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Front Row Advisors LLC acquired a new position in AT&T in the second quarter valued at $25,000. Mountain Hill Investment Partners Corp. lifted its position in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after buying an additional 702 shares during the period. GGM Financials LLC acquired a new stake in AT&T in the 3rd quarter worth about $25,000. Cloud Capital Management LLC acquired a new stake in AT&T in the 3rd quarter worth about $31,000. Finally, Kilter Group LLC purchased a new stake in AT&T in the 2nd quarter valued at about $32,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on T shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Oppenheimer raised their target price on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Williams Trading set a $32.00 target price on shares of AT&T in a report on Thursday, January 29th. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a research report on Tuesday, March 10th. Finally, Sanford C. Bernstein cut their price target on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $30.35.

Get Our Latest Stock Analysis on AT&T

AT&T News Summary

Here are the key news stories impacting AT&T this week:

AT&T Trading Up 1.3%

NYSE:T opened at $27.73 on Monday. The business’s 50-day moving average is $26.31 and its two-hundred day moving average is $26.28. The firm has a market capitalization of $194.15 billion, a PE ratio of 9.09, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39. AT&T Inc. has a 12 month low of $22.95 and a 12 month 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.

AT&T (NYSE:TGet Free Report) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. The company 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%.The company’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts predict that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Company Profile

(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.

Recommended Stories

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

Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter.