Epoch Investment Partners Inc. Has $96.54 Million Stake in AT&T Inc. $T

Epoch Investment Partners Inc. increased its position in shares of AT&T Inc. (NYSE:T) by 11.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,886,376 shares of the technology company’s stock after buying an additional 389,464 shares during the period. Epoch Investment Partners Inc. owned 0.06% of AT&T worth $96,538,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in T. GGM Financials LLC acquired a new position in AT&T during the third quarter worth $25,000. Rachor Investment Advisory Services LLC acquired a new position in AT&T during the fourth quarter worth $25,000. Cresta Advisors Ltd. acquired a new position in AT&T during the fourth quarter worth $26,000. Blueline Advisors LLC acquired a new position in AT&T during the fourth quarter worth $26,000. Finally, Winnow Wealth LLC increased its holdings in AT&T by 362.8% during the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after buying an additional 820 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Price Performance

Shares of T opened at $23.54 on Friday. 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 company’s 50-day moving average is $25.32 and its 200-day moving average is $25.86. AT&T Inc. has a fifty-two week low of $22.32 and a fifty-two week high of $29.79. The firm has a market capitalization of $163.56 billion, a PE ratio of 7.90, a PEG ratio of 0.98 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 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. During the same period in the prior year, the company posted $0.51 earnings per share. AT&T’s revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts forecast that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were paid a $0.2775 dividend. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.7%. AT&T’s dividend payout ratio is 37.25%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. KeyCorp boosted their target price on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research report on Wednesday, May 20th. Morgan Stanley initiated coverage on shares of AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price objective on the stock. Citigroup increased 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. Finally, Oppenheimer lowered shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. One research 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 company’s stock. According to data from MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

About AT&T

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.