National Pension Service Has $444.41 Million Stock Holdings in AT&T Inc. $T

National Pension Service boosted its position in AT&T Inc. (NYSE:T) by 5.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,890,741 shares of the technology company’s stock after buying an additional 988,174 shares during the quarter. National Pension Service owned approximately 0.25% of AT&T worth $444,406,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in AT&T by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock valued at $16,495,144,000 after buying an additional 3,585,661 shares during the last quarter. State Street Corp raised its position in AT&T by 0.8% in the 3rd quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock valued at $9,143,407,000 after buying an additional 2,704,536 shares during the last quarter. Capital Research Global Investors raised its position in AT&T by 0.6% in the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock valued at $1,852,765,000 after buying an additional 370,455 shares during the last quarter. Invesco Ltd. raised its position in AT&T by 8.6% in the 3rd quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock valued at $1,632,932,000 after buying an additional 4,584,316 shares during the last quarter. Finally, Legal & General Group Plc raised its position in AT&T by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 48,559,566 shares of the technology company’s stock valued at $1,371,322,000 after buying an additional 691,221 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Down 0.1%

T stock opened at $24.87 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The business has a 50 day moving average price of $26.44 and a two-hundred day moving average price of $26.02. The company has a market cap of $172.77 billion, a price-to-earnings ratio of 8.34, a P/E/G ratio of 0.91 and a beta of 0.23. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same period last year, the company earned $0.51 earnings per share. The business’s revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.5%. The ex-dividend date was Friday, April 10th. AT&T’s payout ratio is currently 37.25%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on T. Williams Trading set a $32.00 target price on AT&T in a research report on Thursday, January 29th. TD Cowen restated a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a research note on Tuesday, March 10th. Morgan Stanley initiated coverage on AT&T in a research note on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $33.00 price target on shares of AT&T in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $30.55.

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.