Tounjian Advisory Partners LLC Sells 34,376 Shares of AT&T Inc. $T

Tounjian Advisory Partners LLC reduced its stake in shares of AT&T Inc. (NYSE:TFree Report) by 41.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,198 shares of the technology company’s stock after selling 34,376 shares during the quarter. Tounjian Advisory Partners LLC’s holdings in AT&T were worth $1,197,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the stock. Cahaba Wealth Management Inc. grew its position in AT&T by 15.3% during the fourth quarter. Cahaba Wealth Management Inc. now owns 50,978 shares of the technology company’s stock worth $1,266,000 after buying an additional 6,746 shares in the last quarter. Procyon Advisors LLC raised its holdings in AT&T by 2.6% in the 4th quarter. Procyon Advisors LLC now owns 66,412 shares of the technology company’s stock valued at $1,650,000 after acquiring an additional 1,695 shares in the last quarter. Impact Capital Partners LLC lifted its position in shares of AT&T by 6.5% in the 4th quarter. Impact Capital Partners LLC now owns 16,798 shares of the technology company’s stock worth $417,000 after acquiring an additional 1,018 shares during the period. Significant Wealth Partners LLC bought a new stake in shares of AT&T in the 4th quarter worth approximately $208,000. Finally, CWA Asset Management Group LLC grew its holdings in shares of AT&T by 2.4% during the 4th quarter. CWA Asset Management Group LLC now owns 41,418 shares of the technology company’s stock worth $1,029,000 after purchasing an additional 962 shares in the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Trading Up 2.1%

Shares of T opened at $28.33 on Friday. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The stock has a 50 day simple moving average of $26.67 and a 200-day simple moving average of $26.26. The stock has a market cap of $197.81 billion, a PE ratio of 9.29, a PEG ratio of 1.06 and a beta of 0.39.

AT&T (NYSE:TGet Free Report) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate 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 revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the company earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts predict that AT&T Inc. will post 2.14 EPS for the current fiscal year.

More AT&T News

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

Wall Street Analysts Forecast Growth

T has been the topic of a number of research reports. Royal Bank Of Canada restated an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research report on Thursday, February 12th. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price for the company in a research report on Tuesday, March 10th. UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. The Goldman Sachs Group lowered their price target on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Finally, Sanford C. Bernstein dropped their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. One research 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.35.

Check Out Our Latest Stock Analysis on T

AT&T 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.

See Also

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

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