Osmosis Investment Management UK Ltd Buys New Shares in AT&T Inc. $T

Osmosis Investment Management UK Ltd purchased a new position in shares of AT&T Inc. (NYSE:T) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,930 shares of the technology company’s stock, valued at approximately $537,000.

Other large investors also recently bought and sold shares of the company. Fairway Wealth LLC purchased a new position in shares of AT&T in the 1st quarter worth $29,000. Robinswood Financial LLC acquired a new position in AT&T in the first quarter valued at $29,000. Safe Harbor Fiduciary LLC purchased a new stake in AT&T during the fourth quarter valued at about $25,000. Rachor Investment Advisory Services LLC purchased a new stake in AT&T during the fourth quarter valued at about $25,000. Finally, Cresta Advisors Ltd. acquired a new stake in AT&T during the fourth quarter worth about $26,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Analyst Ratings Changes

T has been the topic of a number of research reports. The Goldman Sachs Group set a $30.00 price objective on AT&T in a report on Wednesday, July 22nd. Royal Bank Of Canada decreased their target price on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Wolfe Research raised shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price for the company in a research report on Thursday, July 23rd. Morgan Stanley raised their price target on shares of AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Finally, Barclays reduced their price target on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $29.19.

AT&T Trading Up 0.3%

NYSE:T opened at $25.77 on Wednesday. The business’s 50-day moving average is $22.93 and its two-hundred day moving average is $25.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79. The firm has a market capitalization of $176.55 billion, a PE ratio of 8.53, a price-to-earnings-growth ratio of 1.05 and a beta of 0.23.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The company had revenue of $31.56 billion for the quarter, compared to analysts’ expectations of $31.80 billion. During the same quarter in the previous year, the firm posted $0.54 earnings per share. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts predict that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, July 10th. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

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.