Ashton Thomas Private Wealth LLC Raises Holdings in AT&T Inc. $T

Ashton Thomas Private Wealth LLC increased its position in shares of AT&T Inc. (NYSE:TFree Report) by 57.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,136 shares of the technology company’s stock after buying an additional 33,407 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in AT&T were worth $2,574,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in T. Brighton Jones LLC raised its holdings in shares of AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares in the last quarter. Venturi Wealth Management LLC raised its stake in AT&T by 20.2% in the second quarter. Venturi Wealth Management LLC now owns 22,564 shares of the technology company’s stock worth $653,000 after buying an additional 3,787 shares in the last quarter. REAP Financial Group LLC raised its stake in AT&T by 50.7% in the second quarter. REAP Financial Group LLC now owns 2,953 shares of the technology company’s stock worth $85,000 after buying an additional 993 shares in the last quarter. Valmark Advisers Inc. lifted its holdings in AT&T by 37.8% during the second quarter. Valmark Advisers Inc. now owns 27,141 shares of the technology company’s stock worth $785,000 after buying an additional 7,445 shares during the period. Finally, Bar Harbor Wealth Management boosted its position in AT&T by 9.4% during the 2nd quarter. Bar Harbor Wealth Management now owns 36,193 shares of the technology company’s stock valued at $1,047,000 after acquiring an additional 3,118 shares in the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on T shares. Royal Bank Of Canada 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 Thursday, October 23rd. Sanford C. Bernstein reduced their target price on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, January 16th. TD Cowen reissued a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Citigroup lowered their price target on shares of AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Finally, The Goldman Sachs Group reduced their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $29.83.

View Our Latest Analysis on T

AT&T Price Performance

Shares of T stock opened at $27.27 on Friday. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week 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 firm has a market capitalization of $193.30 billion, a price-to-earnings ratio of 8.94, a PEG ratio of 1.01 and a beta of 0.39. The stock’s 50-day simple moving average is $24.59 and its 200-day simple moving average is $26.33.

AT&T (NYSE:TGet Free Report) last released its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The company had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. AT&T’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period last year, the business earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, January 12th. AT&T’s payout ratio is presently 36.39%.

Trending Headlines about AT&T

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AT&T Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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