Madison Asset Management LLC Has $1.13 Million Position in Deutsche Telekom AG $DTEGY

Madison Asset Management LLC lessened its holdings in shares of Deutsche Telekom AG (OTCMKTS:DTEGY) by 44.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 41,314 shares of the utilities provider’s stock after selling 33,416 shares during the period. Madison Asset Management LLC’s holdings in Deutsche Telekom were worth $1,127,000 at the end of the most recent reporting period.

Deutsche Telekom Stock Down 1.5%

Shares of Deutsche Telekom stock opened at $33.57 on Friday. The company has a market capitalization of $164.67 billion, a P/E ratio of 16.22, a price-to-earnings-growth ratio of 0.76 and a beta of 0.33. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.18 and a quick ratio of 1.10. The business has a 50-day moving average of $30.96 and a two-hundred day moving average of $33.84. Deutsche Telekom AG has a 1 year low of $26.90 and a 1 year high of $40.58.

Deutsche Telekom (OTCMKTS:DTEGY) last released its quarterly earnings data on Thursday, August 6th. The utilities provider reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.01. Deutsche Telekom had a return on equity of 11.11% and a net margin of 7.18%.The business had revenue of $34.53 billion for the quarter, compared to analysts’ expectations of $34.43 billion. Deutsche Telekom has set its FY 2026 guidance at 2.560-2.560 EPS. As a group, equities analysts predict that Deutsche Telekom AG will post 2.63 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on DTEGY shares. Erste Group Bank downgraded shares of Deutsche Telekom from a “buy” rating to a “hold” rating in a research report on Friday, June 5th. Zacks Research upgraded shares of Deutsche Telekom from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 7th. Citigroup reaffirmed a “buy” rating on shares of Deutsche Telekom in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Deutsche Telekom in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Deutsche Telekom Profile

Deutsche Telekom AG is a leading European telecommunications company headquartered in Bonn, Germany. The firm provides a broad range of telecommunications and information technology services for consumer, business and wholesale customers. Its core activities include fixed-line and mobile voice services, broadband internet access, television services and a suite of enterprise IT and network solutions.

Deutsche Telekom offers consumer products under well-known retail brands in its home market and across Europe, and operates extensive mobile networks including 4G and 5G infrastructure.