MASTERINVEST Kapitalanlage GmbH Invests $2.31 Million in AT&T Inc. $T

MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of AT&T Inc. (NYSE:T) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 111,758 shares of the technology company’s stock, valued at approximately $2,313,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tsfg LLC raised its stake in AT&T by 3.6% during the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock valued at $265,000 after purchasing an additional 366 shares in the last quarter. Lifestyle Asset Management Inc. grew its stake in shares of AT&T by 3.6% in the 4th quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock worth $261,000 after buying an additional 368 shares in the last quarter. Hillsdale Investment Management Inc. grew its stake in shares of AT&T by 1.2% in the 4th quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock worth $794,000 after buying an additional 370 shares in the last quarter. Bruce G. Allen Investments LLC increased its holdings in shares of AT&T by 1.7% in the 4th quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock worth $556,000 after buying an additional 374 shares during the last quarter. Finally, Rockline Wealth Management LLC increased its holdings in shares of AT&T by 3.8% in the 4th quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock worth $259,000 after buying an additional 378 shares during the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Down 1.8%

Shares of T opened at $25.42 on Friday. The firm has a market capitalization of $174.16 billion, a P/E ratio of 8.42, a P/E/G ratio of 1.05 and a beta of 0.23. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The firm has a fifty day moving average price of $23.06 and a 200-day moving average price of $25.23.

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

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. AT&T’s dividend payout ratio (DPR) is 36.75%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. Argus decreased their target price on shares of AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. Sanford C. Bernstein reissued an “outperform” rating and set a $25.00 price objective on shares of AT&T in a research note on Monday, July 13th. Barclays decreased their price objective on 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. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Finally, Wells Fargo & Company lifted their target price on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and a consensus price target of $29.19.

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.