35,900 AT&T Inc. $T Shares Purchased by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. boosted its position in AT&T Inc. (NYSE:T – Free Report) by 1.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,070,290 shares of the technology company’s stock after buying an additional 35,900 shares during the quarter. Mn Services Vermogensbeheer B.V.’s holdings in AT&T were worth $50,515,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Fairway Wealth LLC bought a new position in shares of AT&T during the 1st quarter worth approximately $29,000. Robinswood Financial LLC acquired a new position in AT&T during the first quarter worth $29,000. Orion Capital Management LLC acquired a new position in AT&T during the second quarter worth $26,000. Addison Advisors LLC bought a new position in AT&T in the second quarter valued at $27,000. Finally, North Point Portfolio Managers Corp OH bought a new position in AT&T in the third quarter valued at $34,000. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Up 1.6%

Shares of T stock opened at $24.86 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. The firm’s 50-day moving average is $25.05 and its 200-day moving average is $24.66. The stock has a market cap of $170.38 billion, a price-to-earnings ratio of 8.23, a PEG ratio of 1.22 and a beta of 0.25. AT&T Inc. has a 52-week low of $19.89 and a 52-week high of $29.43.

AT&T (NYSE:T – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The business had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. During the same quarter last year, the company posted $0.54 earnings per share. AT&T’s quarterly revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts predict that AT&T Inc. will post 2.33 EPS for the current year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

Wall Street Analyst Weigh In

Several brokerages have commented on T. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. The Goldman Sachs Group set a $30.00 price objective on AT&T in a report on Wednesday, July 22nd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 target price on shares of AT&T in a research report on Monday, July 13th. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 3rd. Finally, Scotiabank decreased their price target on AT&T from $29.25 to $27.50 and set a “sector perform” rating for the company in a research note on Friday, October 2nd. Twelve research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and an average price target of $29.16.

View Our Latest Report on T

AT&T News Summary

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

  • Positive Sentiment: AT&T’s planned fiber joint venture with Global Infrastructure Partners and CPP Investments remains a key bullish factor. The venture will combine AT&T’s Gigapower assets, target more than 60 million locations by 2030, provide AT&T with cash proceeds and potentially support debt reduction, network investment and shareholder returns. Is AT&T Still Undervalued As Its New Fiber Venture Expands Reach?
  • Positive Sentiment: AT&T attracted unusually heavy call-option activity, with call purchases substantially above average. This suggests some traders are positioning for a rebound or additional upside, although options activity is not a guarantee of future performance.
  • Neutral Sentiment: AT&T’s regular-session advance occurred even as the broader market declined, indicating relative strength. Investors are now focused on the company’s third-quarter earnings report, scheduled for October 21, as the next major operating catalyst. AT&T Gains As Market Dips
  • Neutral Sentiment: Analyst price targets remain mixed, with recent targets ranging from $18 to $31 and a median near $25, reflecting uncertainty about AT&T’s growth prospects and valuation.
  • Negative Sentiment: The main source of selling pressure was SpaceX’s FCC-approved satellite-to-phone initiative. Investors fear SpaceX could bypass traditional carrier networks for some connectivity services, increasing competitive pressure on AT&T, Verizon and T-Mobile. SpaceX Deal to Acquire Spectrum License Hammers Wireless Shares
  • Negative Sentiment: Higher Treasury yields continue to weigh on dividend-focused telecom stocks because bonds offer stronger competition for income investors. Ex-dividend timing may also have contributed to mechanical selling and price adjustment.
  • Negative Sentiment: AT&T customers are receiving unexpected password-change alerts, while a court-approved $177 million data-breach settlement creates a financial cost and keeps cybersecurity concerns in focus. AT&T’s Data-Breach Settlement Approved

About AT&T

(Free Report)

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.

Further Reading

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

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