Cantor Fitzgerald Investment Advisors L.P. Reduces Holdings in AT&T Inc. $T

Key Points

• Cantor Fitzgerald reduced its stake by 25.5%, selling 94,252 AT&T shares in Q4 and leaving 275,870 shares valued at about $6.85 million.
• AT&T beat Q4 estimates with $0.52 EPS (vs. $0.46 expected) and $33.47 billion in revenue (+3.6% YoY), and set FY2026 guidance of $2.250–$2.350 EPS (consensus ~2.14).
• Dividend announced: a quarterly payout of $0.2775 ($1.11 annualized), implying a ~4.2% yield; ex-dividend date April 10 and payable May 1.

Cantor Fitzgerald Investment Advisors L.P. lowered its position in AT&T Inc. (NYSE:T - Free Report) by 25.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 275,870 shares of the technology company's stock after selling 94,252 shares during the period. Cantor Fitzgerald Investment Advisors L.P.'s holdings in AT&T were worth $6,853,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Front Row Advisors LLC acquired a new position in shares of AT&T during the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. raised its stake in shares of AT&T by 363.7% during the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company's stock worth $25,000 after buying an additional 702 shares during the period. GGM Financials LLC acquired a new position in shares of AT&T during the 3rd quarter worth approximately $25,000. Cloud Capital Management LLC acquired a new position in shares of AT&T during the 3rd quarter worth approximately $31,000. Finally, Clayton Financial Group LLC raised its stake in shares of AT&T by 205.2% during the 4th quarter. Clayton Financial Group LLC now owns 1,517 shares of the technology company's stock worth $38,000 after buying an additional 1,020 shares during the period. Hedge funds and other institutional investors own 57.10% of the company's stock.

AT&T Stock Down 1.4%

NYSE T opened at $26.47 on Friday. The business has a fifty day moving average price of $28.01 and a 200 day moving average price of $26.17. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The company has a market cap of $184.88 billion, a P/E ratio of 8.68, a P/E/G ratio of 1.01 and a beta of 0.34.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the prior year, the company earned $0.43 EPS. The firm's revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts anticipate that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.2%. The ex-dividend date is Friday, April 10th. AT&T's dividend payout ratio is presently 36.39%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on T shares. Loop Capital set a $29.00 price objective on AT&T in a research note on Friday, December 19th. Arete Research raised AT&T from a "sell" rating to a "neutral" rating and set a $28.00 price objective for the company in a research note on Tuesday, March 10th. Weiss Ratings reissued a "buy (b-)" rating on shares of AT&T in a research note on Monday, December 29th. Royal Bank Of Canada reissued an "outperform" rating and issued a $31.00 price objective on shares of AT&T in a research note on Thursday, February 12th. Finally, TD Cowen reissued a "hold" rating 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, fourteen have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, AT&T currently has a consensus rating of "Moderate Buy" and a consensus price target of $30.74.

About AT&T

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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