AT&T Inc. $T Stock Position Raised by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in shares of AT&T Inc. (NYSE:T) by 4.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 14,348,498 shares of the technology company’s stock after acquiring an additional 611,135 shares during the quarter. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in AT&T were worth $405,202,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of T. Brighton Jones LLC increased its holdings in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after buying an additional 10,188 shares during the last quarter. AlphaQuest LLC raised its stake in shares of AT&T by 962.3% during the second quarter. AlphaQuest LLC now owns 3,665 shares of the technology company’s stock worth $106,000 after buying an additional 3,320 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its holdings in AT&T by 41.3% in the second quarter. Ashton Thomas Private Wealth LLC now owns 57,729 shares of the technology company’s stock worth $1,671,000 after purchasing an additional 16,879 shares during the period. May Hill Capital LLC acquired a new stake in shares of AT&T in the 2nd quarter valued at about $266,000. Finally, Austin Private Wealth LLC grew its stake in AT&T by 13.2% in the second quarter. Austin Private Wealth LLC now owns 23,891 shares of the technology company’s stock valued at $691,000 after purchasing an additional 2,785 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Price Performance

T opened at $27.86 on Thursday. The company’s 50-day simple moving average is $25.49 and its two-hundred day simple moving average is $26.37. The stock has a market capitalization of $195.05 billion, a P/E ratio of 9.14, a P/E/G ratio of 1.05 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion during the quarter, compared to analyst estimates 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 for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 annualized dividend and a yield of 4.0%. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Williams Trading set a $32.00 price target on AT&T in a report on Thursday, January 29th. Scotiabank reaffirmed a “sector perform” rating and issued a $29.50 target price on shares of AT&T in a research note on Wednesday, January 7th. TD Cowen reiterated a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Finally, Barclays lowered their price target on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $29.93.

AT&T Company 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.