Deutsche Bank AG grew its position in AT&T Inc. (NYSE:T – Free Report) by 15.6% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,460,360 shares of the technology company’s stock after purchasing an additional 4,256,557 shares during the period. Deutsche Bank AG’s holdings in AT&T were worth $781,475,000 at the end of the most recent quarter.
Several other hedge funds also recently bought and sold shares of the company. Tsfg LLC increased its position in AT&T by 3.6% in the 4th quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock worth $265,000 after purchasing an additional 366 shares during the last quarter. Lifestyle Asset Management Inc. increased its position in 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 purchasing an additional 368 shares during the last quarter. Hillsdale Investment Management Inc. increased its position in 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 purchasing an additional 370 shares during the last quarter. Bruce G. Allen Investments LLC increased its position in 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 purchasing an additional 374 shares during the last quarter. Finally, Rockline Wealth Management LLC increased its position in 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 purchasing an additional 378 shares during the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.
AT&T Stock Performance
Shares of NYSE T opened at $22.70 on Wednesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a market cap of $157.69 billion, a price-to-earnings ratio of 7.62, a P/E/G ratio of 0.94 and a beta of 0.21. The business’s 50-day simple moving average is $25.64 and its 200-day simple moving average is $25.91. AT&T Inc. has a 52 week low of $22.32 and a 52 week high of $29.79.
AT&T Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.9%. AT&T’s dividend payout ratio is currently 37.25%.
Analysts Set New Price Targets
T has been the topic of several research reports. Weiss Ratings lowered AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Morgan Stanley initiated coverage on AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 target price on the stock. KeyCorp upped their target price on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Finally, Scotiabank lowered their price objective on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $30.55.
Get Our Latest Stock Analysis on T
AT&T News Roundup
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T announced a commercial collaboration with Derq to advance AI-powered transportation infrastructure, expanding a prior investment relationship into a revenue-oriented partnership that could support future network and connected mobility growth. Derq and AT&T Collaborate to Advance AI-Powered Transportation Infrastructure
- Positive Sentiment: AT&T’s CFO is set to update shareholders at the Mizuho Technology Conference, and the company reiterated its 2026 and multi-year guidance and capital return plans, which may reassure investors about execution and cash flow. Pascal Desroches to Update Shareholders at Mizuho Technology Conference on June 9
- Positive Sentiment: Technical commentary suggested AT&T may be oversold and sitting near support, implying the stock could be due for a rebound if sentiment improves. Stock Of The Day: Is AT&T About To Rally?
- Neutral Sentiment: AT&T was highlighted in trading and “most searched” stock roundups, reflecting elevated investor interest rather than a direct change in fundamentals. AT&T Inc. (T) Is a Trending Stock: Facts to Know Before Betting on It
- Negative Sentiment: Oppenheimer turned cautious on AT&T, downgrading the stock to Perform from Outperform on concerns about long-term broadband growth and fiber expansion risks. Oppenheimer Turns Cautious on AT&T (T), Citing Fiber Expansion Risks
- Negative Sentiment: Articles flagged a customer data setback for Verizon and AT&T, which could add to regulatory or privacy concerns even if details remain limited. Verizon, AT&T suffer major customer data setback
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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