Retirement Guys Formula LLC Has $1.20 Million Holdings in AT&T Inc. $T

Key Points

• Retirement Guys Formula LLC raised its AT&T stake by 372.6% in Q4 to 48,122 shares, now valued at about $1.20 million.
• AT&T beat quarterly estimates with $0.52 EPS (vs. $0.46 expected) and $33.47B revenue, and set FY2026 guidance of $2.25–$2.35 EPS while analysts expect roughly $2.14 for the year.
• The company declared a quarterly dividend of $0.2775 (annualized $1.11) for a ~4.2% yield, and institutional ownership sits at about 57.1% after several large funds materially increased positions.

Retirement Guys Formula LLC grew its stake in AT&T Inc. (NYSE:T - Free Report) by 372.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 48,122 shares of the technology company's stock after buying an additional 37,939 shares during the period. Retirement Guys Formula LLC's holdings in AT&T were worth $1,195,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in T. Amundi lifted its position in shares of AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company's stock worth $1,094,184,000 after buying an additional 17,040,328 shares during the last quarter. Woodline Partners LP lifted its position in shares of AT&T by 931.4% in the third quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company's stock worth $226,702,000 after buying an additional 7,249,373 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of AT&T by 222.7% in the fourth quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company's stock worth $170,076,000 after buying an additional 4,725,382 shares during the last quarter. California Public Employees Retirement System lifted its position in shares of AT&T by 23.2% in the third quarter. California Public Employees Retirement System now owns 24,472,780 shares of the technology company's stock worth $691,111,000 after buying an additional 4,613,259 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of AT&T by 8.6% in the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company's stock worth $1,632,932,000 after buying an additional 4,584,316 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company's stock.

AT&T Price Performance

NYSE T opened at $26.47 on Monday. AT&T Inc. has a twelve month low of $22.95 and a twelve month 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 stock has a market capitalization of $184.88 billion, a PE ratio of 8.68, a P/E/G ratio of 0.99 and a beta of 0.34. The stock has a 50-day simple moving average of $28.01 and a 200 day simple moving average of $26.14.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping 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 business had revenue of $33.47 billion during the quarter, compared to analysts' expectations of $32.91 billion. During the same quarter in the previous year, the firm 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 year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be given a dividend of $0.2775 per share. 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 currently 36.39%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on T. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $33.00 price target on shares of AT&T in a research report on Thursday, January 29th. Barclays reduced their price target on AT&T from $28.00 to $26.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 13th. Sanford C. Bernstein reduced their price target on AT&T from $31.00 to $30.00 and set an "outperform" rating for the company in a research report on Friday, January 16th. Oppenheimer boosted their price target on AT&T from $29.00 to $32.00 and gave the stock an "outperform" rating in a research report on Wednesday, March 11th. Finally, The Goldman Sachs Group reduced their price target on AT&T from $33.00 to $29.00 and set a "buy" rating for the company in a research report on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, AT&T presently has an average rating of "Moderate Buy" and an average target price 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.

Want to see what other hedge funds are holding T? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&T Inc. (NYSE:T - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.