BDF Gestion Takes $4.10 Million Position in AT&T Inc. $T

BDF Gestion purchased a new stake in shares of AT&T Inc. (NYSE:TFree Report) during the third quarter, Holdings Channel reports. The institutional investor purchased 145,175 shares of the technology company’s stock, valued at approximately $4,100,000.

Several other large investors have also recently bought and sold shares of the business. Front Row Advisors LLC purchased a new position in AT&T during the 2nd quarter valued at about $25,000. O Brien Wealth Partners LLC purchased a new position in AT&T during the second quarter valued at approximately $26,000. Kennebec Savings Bank grew its position in AT&T by 412.1% during the second quarter. Kennebec Savings Bank now owns 973 shares of the technology company’s stock valued at $28,000 after purchasing an additional 783 shares in the last quarter. Solstein Capital LLC increased its stake in AT&T by 217.3% in the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after buying an additional 652 shares during the period. Finally, Curio Wealth LLC lifted its position in AT&T by 26,100.0% in the 2nd quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock worth $30,000 after buying an additional 1,044 shares in the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wolfe Research cut shares of AT&T from an “outperform” rating to a “peer perform” rating in a report on Monday, December 15th. KeyCorp raised AT&T from a “sector weight” rating to an “overweight” rating and set a $30.00 target price on the stock in a research report on Tuesday, November 11th. Loop Capital set a $29.00 price target on AT&T in a research note on Friday. UBS Group reissued a “buy” rating on shares of AT&T in a research note on Thursday, October 23rd. Finally, Morgan Stanley dropped their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus price target of $30.36.

Get Our Latest Stock Report on T

More AT&T News

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

  • Positive Sentiment: AT&T gained roughly $1.3B in annual revenue via December price hikes on wireless and internet plans — a near-term revenue and cash-flow tailwind that supports dividend coverage and debt reduction. AT&T gains $1.3B annual revenue
  • Positive Sentiment: Investor commentary argues T is undervalued and positioned for secular growth from 5G, fiber and machine-to-machine/AI-driven demand — a fundamental bullish case that could support multiple expansion if execution continues. AT&T: The ‘Machine Economy’ Is The Real Driver
  • Positive Sentiment: Recent market commentary noted a modest uptick in the stock amid a weaker broader market, suggesting short-term buying interest or rotation into yield names. AT&T (T) Rises As Market Takes a Dip
  • Neutral Sentiment: Profile piece on AT&T’s CISO highlights executive background and cybersecurity focus — positive for corporate governance/PR but unlikely to move fundamentals on its own. AT&T exec manifested his CISO job
  • Neutral Sentiment: Macro market note: week-end market strength mixed with housing softness — broader sentiment could influence cyclical flows into telecom/dividend names but is not AT&T-specific.
  • Negative Sentiment: Goldman Sachs cut its price target on T from $33 to $29 while keeping a Buy rating — this reduces analyst-implied upside and may temper momentum among investors who track target changes. Goldman lowers price target
  • Negative Sentiment: Two lawmakers raised concerns about EchoStar’s deals to sell spectrum to AT&T and SpaceX — regulatory scrutiny or delays could impede AT&T’s spectrum buildout plans and add execution risk for 5G expansion. Lawmakers raise concerns about Echostar deals
  • Negative Sentiment: Ongoing data-breach settlement and claim deadlines (multiple state notices) keep potential legal exposure and reputational risk on the radar — possible cash settlements or litigation costs remain a downside catalyst. Were you affected by an AT&T data breach?

AT&T Stock Down 0.6%

Shares of T stock opened at $24.11 on Friday. The stock’s 50 day simple moving average is $25.22 and its 200 day simple moving average is $27.14. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.96 and a current ratio of 1.01. AT&T Inc. has a twelve month low of $21.38 and a twelve month high of $29.79. The company has a market capitalization of $170.95 billion, a price-to-earnings ratio of 7.83, a PEG ratio of 1.42 and a beta of 0.38.

AT&T (NYSE:TGet Free Report) last released its quarterly earnings results on Wednesday, October 22nd. The technology company reported $0.54 EPS for the quarter, meeting analysts’ consensus estimates of $0.54. AT&T had a net margin of 17.87% and a return on equity of 12.72%. The company had revenue of $30.71 billion for the quarter, compared to analyst estimates of $30.85 billion. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.60 earnings per share. As a group, research analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Monday, January 12th will be given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Monday, January 12th. AT&T’s dividend payout ratio (DPR) is currently 36.04%.

About AT&T

(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.

Further Reading

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

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