Mariner LLC Has $151.90 Million Holdings in AT&T Inc. $T

Mariner LLC raised its holdings in shares of AT&T Inc. (NYSE:T) by 5.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,381,621 shares of the technology company’s stock after acquiring an additional 288,120 shares during the quarter. Mariner LLC owned approximately 0.08% of AT&T worth $151,903,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Front Row Advisors LLC acquired a new position in AT&T in the 2nd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. lifted its position in AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after buying an additional 702 shares in the last quarter. GGM Financials LLC acquired a new stake in shares of AT&T during the 3rd quarter valued at $25,000. Cloud Capital Management LLC acquired a new stake in shares of AT&T during the 3rd quarter valued at $31,000. Finally, Kilter Group LLC purchased a new position in shares of AT&T during the 2nd quarter valued at $32,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Up 0.0%

T stock opened at $27.73 on Tuesday. The firm has a market cap of $194.09 billion, a PE ratio of 9.09, a PEG ratio of 1.04 and a beta of 0.39. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79. The company has a fifty day simple moving average of $26.38 and a 200 day simple moving average of $26.28. 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 (NYSE:T) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping 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 firm had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the prior year, the business posted $0.43 earnings per share. The business’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. Sell-side analysts anticipate that AT&T Inc. will post 2.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

T has been the subject of several recent research reports. KeyCorp reiterated an “overweight” rating on shares of AT&T in a report on Wednesday, January 21st. Oppenheimer boosted their target price on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Wells Fargo & Company dropped their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. Scotiabank raised their price target on AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a research note on Monday, March 9th. Finally, The Goldman Sachs Group reduced their price target on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, AT&T currently has an average rating of “Moderate Buy” and an average price target of $30.35.

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.