Robeco Institutional Asset Management B.V. Sells 148,425 Shares of AT&T Inc. $T

Key Points

• Robeco Institutional Asset Management B.V. sold 148,425 shares of AT&T, trimming its position by 1.1% to 13,777,073 shares (about 0.19% of AT&T, valued at $342.22 million).
• AT&T beat quarterly expectations with $0.52 EPS versus $0.46 est. and $33.47B revenue, and set FY2026 guidance of $2.25–$2.35 EPS (consensus ~2.14).
• AT&T declared a quarterly dividend of $0.2775 per share (annualized $1.11), a 4.2% yield, with an ex-dividend date of April 10 and payment on May 1.

Robeco Institutional Asset Management B.V. cut its holdings in AT&T Inc. (NYSE:T - Free Report) by 1.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 13,777,073 shares of the technology company's stock after selling 148,425 shares during the period. Robeco Institutional Asset Management B.V. owned 0.19% of AT&T worth $342,222,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Front Row Advisors LLC bought a new position in shares of AT&T in the second quarter worth about $25,000. Mountain Hill Investment Partners Corp. increased its stake in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company's stock worth $25,000 after purchasing an additional 702 shares during the period. GGM Financials LLC bought a new position in shares of AT&T in the third quarter worth about $25,000. Cloud Capital Management LLC bought a new position in shares of AT&T in the third quarter worth about $31,000. Finally, Clayton Financial Group LLC increased its stake in shares of AT&T by 205.2% in the fourth quarter. Clayton Financial Group LLC now owns 1,517 shares of the technology company's stock worth $38,000 after purchasing an additional 1,020 shares during the period. 57.10% of the stock is currently owned by institutional investors.

AT&T Trading Down 1.4%

Shares of T opened at $26.47 on Friday. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $184.88 billion, a price-to-earnings ratio of 8.68, a P/E/G ratio of 0.99 and a beta of 0.34. The stock's 50-day moving average price is $28.01 and its 200 day moving average price is $26.15.

AT&T (NYSE:T - Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (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 for the quarter, compared to analyst estimates of $32.91 billion. During the same period in the previous year, the company posted $0.43 earnings per share. The company's quarterly 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. As a group, research analysts predict that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

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

Analyst Upgrades and Downgrades

T has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a "buy (b-)" rating on shares of AT&T in a research note on Monday, December 29th. Wolfe Research lowered AT&T from an "outperform" rating to a "peer perform" rating in a research note on Monday, December 15th. Citigroup boosted their price target on AT&T from $29.00 to $31.50 and gave the company a "buy" rating in a research note on Monday, March 23rd. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $33.00 price target on shares of AT&T in a research note on Thursday, January 29th. Finally, Loop Capital set a $29.00 price target on AT&T in a research note on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus 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.

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