Leonteq Securities AG Takes $5.46 Million Position in AT&T Inc. $T

Leonteq Securities AG purchased a new stake in AT&T Inc. (NYSE:TFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 219,986 shares of the technology company’s stock, valued at approximately $5,464,000.

Other large investors also recently modified their holdings of the company. GGM Financials LLC bought a new position in shares of AT&T in the 3rd quarter valued at $25,000. Rachor Investment Advisory Services LLC bought a new position in shares of AT&T in the 4th quarter valued at $25,000. Cresta Advisors Ltd. bought a new position in shares of AT&T in the 4th quarter valued at $26,000. Cloud Capital Management LLC bought a new position in shares of AT&T in the 3rd quarter valued at $31,000. Finally, Eagle Bay Advisors LLC bought a new position in shares of AT&T in the 4th quarter valued at $29,000. 57.10% of the stock is currently owned by institutional investors.

AT&T Stock Performance

NYSE T opened at $24.93 on Thursday. The company has a market capitalization of $173.19 billion, a price-to-earnings ratio of 8.36, a PEG ratio of 0.92 and a beta of 0.23. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The stock has a fifty day simple moving average of $26.73 and a 200 day simple moving average of $26.00. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:TGet Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.AT&T’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts expect 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. Shareholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is presently 37.25%.

Key AT&T News

Here are the key news stories impacting AT&T this week:

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on T shares. Morgan Stanley started coverage on AT&T in a research note on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target for the company. Scotiabank decreased their price objective on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, April 23rd. Williams Trading set a $32.00 price objective on AT&T in a report on Thursday, January 29th. Citigroup increased their price objective on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a report on Monday, March 23rd. Finally, UBS Group restated a “buy” rating on shares of AT&T in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.55.

Read Our Latest 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.

See Also

Want to see what other hedge funds are holding T? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&T Inc. (NYSE:TFree Report).

Institutional Ownership by Quarter for AT&T (NYSE:T)

Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter.