Madison Asset Management LLC reduced its holdings in Deutsche Telekom AG (OTCMKTS:DTEGY – Free Report) by 44.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 41,314 shares of the utilities provider’s stock after selling 33,416 shares during the period. Madison Asset Management LLC’s holdings in Deutsche Telekom were worth $1,127,000 as of its most recent SEC filing.
Wall Street Analyst Weigh In
Several equities research analysts have recently issued reports on DTEGY shares. Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research note on Friday, June 5th. Citigroup reiterated a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Zacks Research raised shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy”.
View Our Latest Stock Report on Deutsche Telekom
Deutsche Telekom Stock Down 1.5%
Deutsche Telekom (OTCMKTS:DTEGY – Get Free Report) last posted its earnings results on Thursday, August 6th. The utilities provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.The business had revenue of $34.53 billion during the quarter, compared to the consensus estimate of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. Equities analysts forecast that Deutsche Telekom AG will post 2.63 earnings per share for the current fiscal year.
Deutsche Telekom Company Profile
Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.
Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.
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