Robeco Institutional Asset Management B.V. Has $342.22 Million Stock Position in AT&T Inc. $T
by Amy Steele · The Cerbat GemRobeco Institutional Asset Management B.V. trimmed its stake in shares of AT&T Inc. (NYSE:T – Free Report) by 1.1% during the fourth quarter, Holdings Channel reports. The firm owned 13,777,073 shares of the technology company’s stock after selling 148,425 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in AT&T were worth $342,222,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Front Row Advisors LLC acquired a new stake in AT&T during the second quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. boosted its holdings in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares in the last quarter. GGM Financials LLC acquired a new stake in AT&T during the third quarter valued at approximately $25,000. Cloud Capital Management LLC acquired a new stake in AT&T during the third quarter valued at approximately $31,000. Finally, Clayton Financial Group LLC boosted its holdings in AT&T by 205.2% during the fourth quarter. Clayton Financial Group LLC now owns 1,517 shares of the technology company’s stock valued at $38,000 after purchasing an additional 1,020 shares in the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.
AT&T Stock Down 1.4%
Shares of T opened at $26.47 on Friday. The company has a market capitalization of $184.88 billion, a P/E ratio of 8.68, a PEG ratio of 0.99 and a beta of 0.34. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The business’s 50 day simple moving average is $28.01 and its 200-day simple moving average is $26.15.
AT&T (NYSE:T – Get Free Report) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.AT&T’s revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts predict that AT&T Inc. will post 2.14 EPS for the current fiscal year.
AT&T Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s payout ratio is presently 36.39%.
Wall Street Analyst Weigh In
A number of research firms have weighed in on T. Wells Fargo & Company decreased their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 price objective on shares of AT&T in a report on Thursday, February 12th. UBS Group reissued a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Williams Trading set a $32.00 target price on AT&T in a report on Thursday, January 29th. Finally, TD Cowen reissued a “hold” rating on shares of AT&T in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.74.
AT&T Profile
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.
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