Tounjian Advisory Partners LLC Sells 43,646 Shares of AT&T Inc. $T

Tounjian Advisory Partners LLC lowered its position in shares of AT&T Inc. (NYSE:TFree Report) by 34.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,574 shares of the technology company’s stock after selling 43,646 shares during the quarter. Tounjian Advisory Partners LLC’s holdings in AT&T were worth $2,332,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. American Century Companies Inc. grew its position in AT&T by 7.9% during the 3rd quarter. American Century Companies Inc. now owns 10,296,238 shares of the technology company’s stock worth $290,766,000 after acquiring an additional 758,200 shares during the last quarter. Harvest Portfolios Group Inc. boosted its stake in AT&T by 15.3% in the third quarter. Harvest Portfolios Group Inc. now owns 317,689 shares of the technology company’s stock worth $8,972,000 after purchasing an additional 42,057 shares in the last quarter. Mosaic Family Wealth Partners LLC grew its holdings in shares of AT&T by 22.9% during the third quarter. Mosaic Family Wealth Partners LLC now owns 16,147 shares of the technology company’s stock worth $453,000 after purchasing an additional 3,011 shares during the last quarter. Quantbot Technologies LP increased its stake in shares of AT&T by 639.7% in the third quarter. Quantbot Technologies LP now owns 181,911 shares of the technology company’s stock valued at $5,137,000 after buying an additional 157,320 shares in the last quarter. Finally, Caitlin John LLC bought a new position in shares of AT&T in the third quarter valued at about $101,000. 57.10% of the stock is owned by institutional investors.

AT&T Stock Up 1.8%

AT&T stock opened at $27.97 on Friday. The company’s 50 day simple moving average is $25.63 and its 200 day simple moving average is $26.37. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The firm has a market capitalization of $195.79 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 1.02 and a beta of 0.39. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79.

AT&T (NYSE:TGet Free Report) last announced 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. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. During the same quarter in the previous year, the business earned $0.43 EPS. The firm’s 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. As a group, sell-side analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

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

More AT&T News

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Analyst Ratings Changes

T has been the topic of a number of research analyst reports. Loop Capital set a $29.00 price objective on shares of AT&T in a report on Friday, December 19th. Wall Street Zen cut shares of AT&T from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Arete Research set a $20.00 price objective on shares of AT&T in a research report on Tuesday, January 6th. TD Cowen reiterated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.93.

Get Our Latest Research Report on AT&T

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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