Mosley Wealth Management Invests $819,000 in AT&T Inc. $T

Mosley Wealth Management acquired a new position in shares of AT&T Inc. (NYSE:TFree Report) during the fourth quarter, HoldingsChannel reports. The firm acquired 31,189 shares of the technology company’s stock, valued at approximately $819,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in T. Norges Bank bought a new stake in shares of AT&T during the 4th quarter worth approximately $2,181,977,000. Amundi raised its stake in AT&T by 67.5% in the 3rd quarter. Amundi now owns 42,295,492 shares of the technology company’s stock valued at $1,094,184,000 after acquiring an additional 17,040,328 shares during the period. Woodline Partners LP raised its stake in AT&T by 931.4% in the 3rd quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock valued at $226,702,000 after acquiring an additional 7,249,373 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in AT&T in the 4th quarter valued at $126,050,000. Finally, SG Americas Securities LLC raised its stake in AT&T by 222.7% in the 4th quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock valued at $170,076,000 after acquiring an additional 4,725,382 shares during the period. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

Shares of NYSE T opened at $23.04 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The stock’s fifty day moving average price is $25.42 and its two-hundred day moving average price is $25.88. AT&T Inc. has a one year low of $22.32 and a one year high of $29.79. The firm has a market cap of $160.10 billion, a price-to-earnings ratio of 7.73, a P/E/G ratio of 0.97 and a beta of 0.21.

AT&T (NYSE:TGet Free Report) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same period in the prior year, the firm posted $0.51 EPS. The company’s revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts forecast that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio is currently 37.25%.

More AT&T News

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

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. Scotiabank dropped their price target on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research note on Thursday, April 23rd. Morgan Stanley assumed coverage on AT&T in a research note on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target on the stock. BNP Paribas Exane dropped their price target on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Wall Street Zen cut AT&T from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Finally, Citigroup increased their price target on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and an average price target of $30.55.

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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.

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

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