AT&T Inc. $T Shares Acquired by Wealthfront Advisers LLC

Wealthfront Advisers LLC increased its stake in AT&T Inc. (NYSE:T) by 4.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,411,031 shares of the technology company’s stock after acquiring an additional 66,448 shares during the period. Wealthfront Advisers LLC’s holdings in AT&T were worth $39,848,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. J. L. Bainbridge & Co. Inc. raised its holdings in AT&T by 1.7% in the second quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock valued at $615,000 after acquiring an additional 355 shares in the last quarter. Financial & Tax Architects LLC raised its holdings in shares of AT&T by 4.9% in the 2nd quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after purchasing an additional 356 shares in the last quarter. Roberts Glore & Co. Inc. IL lifted its position in shares of AT&T by 2.0% during the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company’s stock worth $532,000 after purchasing an additional 357 shares during the last quarter. Investment Partners LTD. grew its stake in shares of AT&T by 3.5% during the second quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock worth $303,000 after purchasing an additional 357 shares in the last quarter. Finally, Parcion Private Wealth LLC increased its holdings in AT&T by 2.5% in the second quarter. Parcion Private Wealth LLC now owns 14,910 shares of the technology company’s stock valued at $431,000 after buying an additional 364 shares during the last quarter. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T Stock Performance

Shares of T opened at $27.09 on Tuesday. The company’s 50 day simple moving average is $24.64 and its 200-day simple moving average is $26.31. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The firm has a market cap of $192.05 billion, a PE ratio of 8.88, a price-to-earnings-growth ratio of 1.01 and a beta of 0.39. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. During the same quarter in the prior year, the business earned $0.43 EPS. AT&T’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, equities analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

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

Analyst Ratings Changes

A number of analysts have issued reports on the company. Wells Fargo & Company decreased their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, January 26th. Arete Research set a $20.00 target price on AT&T in a research note on Tuesday, January 6th. Scotiabank reaffirmed a “sector perform” rating and issued a $29.50 price target on shares of AT&T in a report on Wednesday, January 7th. Royal Bank Of Canada cut their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Thursday, October 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.83.

AT&T Company 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.