Hsbc Holdings PLC Has $474.47 Million Position in AT&T Inc. $T

Hsbc Holdings PLC grew its stake in shares of AT&T Inc. (NYSE:T) by 3.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,091,945 shares of the technology company’s stock after acquiring an additional 667,373 shares during the period. Hsbc Holdings PLC’s holdings in AT&T were worth $474,467,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. GGM Financials LLC acquired a new stake in AT&T during the third quarter valued at $25,000. Rachor Investment Advisory Services LLC purchased a new position in AT&T in the fourth quarter valued at about $25,000. Safe Harbor Fiduciary LLC acquired a new position in AT&T in the 4th quarter worth about $25,000. Cresta Advisors Ltd. acquired a new position in AT&T in the 4th quarter worth about $26,000. Finally, Blueline Advisors LLC purchased a new stake in shares of AT&T during the 4th quarter worth about $26,000. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Price Performance

NYSE T opened at $22.02 on Friday. AT&T Inc. has a fifty-two week low of $21.99 and a fifty-two week high of $29.79. The stock’s 50-day moving average is $24.77 and its two-hundred day moving average is $25.75. 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 firm has a market cap of $152.97 billion, a P/E ratio of 7.39, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21.

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

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 5.0%. The ex-dividend date was Friday, April 10th. AT&T’s payout ratio is 37.25%.

Key AT&T News

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

• Positive Sentiment: AT&T Fiber received strong validation in a new Opensignal report, earning 107 wins across speed, reliability, video, and consistency categories and outperforming competitors in many metro markets. This supports the company’s broadband growth story and may help sentiment around the fiber business. Article
• Neutral Sentiment: AT&T is getting increased investor attention, according to Zacks, but the note does not point to a specific new catalyst; it mainly reflects elevated interest in the name. Article
• Negative Sentiment: California asked a court and the FCC to block AT&T’s request to stop offering traditional copper-wire phone service to new customers, highlighting regulatory resistance to AT&T’s network transition plans. That could delay the company’s cost-cutting and modernization efforts. Article
• Negative Sentiment: Related reports say AT&T wants to cancel wireline phone service for about 199,000 people, but California’s pushback suggests this plan could face hurdles, adding uncertainty around the copper-network exit. Article

Wall Street Analyst Weigh In

T has been the subject of several research reports. BNP Paribas Exane reduced their price target on AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a report on Saturday. Citigroup raised their price objective on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Finally, Arete Research raised shares of 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. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $30.55.

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.