ABN AMRO Bank N.V. Purchases 28,832 Shares of AT&T Inc. $T

ABN AMRO Bank N.V. lifted its position in shares of AT&T Inc. (NYSE:TFree Report) by 5.8% in the third quarter, HoldingsChannel.com reports. The fund owned 526,351 shares of the technology company’s stock after buying an additional 28,832 shares during the period. ABN AMRO Bank N.V.’s holdings in AT&T were worth $14,813,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. J. L. Bainbridge & Co. Inc. increased its stake in shares of AT&T by 1.7% in the 2nd quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock valued at $615,000 after purchasing an additional 355 shares during the last quarter. Financial & Tax Architects LLC boosted its stake in AT&T by 4.9% in the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after buying an additional 356 shares in the last quarter. Roberts Glore & Co. Inc. IL grew its position in AT&T by 2.0% in the second quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company’s stock valued at $532,000 after acquiring an additional 357 shares during the last quarter. Investment Partners LTD. raised its stake in AT&T by 3.5% during the second quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock worth $303,000 after acquiring an additional 357 shares in the last quarter. Finally, Parcion Private Wealth LLC lifted its holdings in shares of AT&T by 2.5% in the second quarter. Parcion Private Wealth LLC now owns 14,910 shares of the technology company’s stock worth $431,000 after acquiring an additional 364 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Trading Up 1.5%

NYSE T opened at $27.22 on Thursday. The firm has a market capitalization of $192.97 billion, a PE ratio of 8.92, a price-to-earnings-growth ratio of 1.00 and a beta of 0.39. The business’s 50-day moving average price is $24.56 and its two-hundred day moving average price is $26.33. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79.

AT&T (NYSE:TGet Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same period in the previous year, the firm earned $0.43 earnings per share. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts expect that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on T shares. Arete Research set a $20.00 price target on shares of AT&T in a report on Tuesday, January 6th. Williams Trading set a $32.00 target price on shares of AT&T in a research note on Thursday, January 29th. Scotiabank reiterated a “sector perform” rating and set a $29.50 price target on shares of AT&T in a report on Wednesday, January 7th. Wall Street Zen downgraded AT&T from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, TD Cowen restated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.83.

View Our Latest Stock Report on T

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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.

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

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