AT&T Inc. $T Shares Sold by Atria Investments Inc

Atria Investments Inc lowered its stake in shares of AT&T Inc. (NYSE:T) by 10.0% in the third quarter, HoldingsChannel.com reports. The firm owned 476,753 shares of the technology company’s stock after selling 52,928 shares during the period. Atria Investments Inc’s holdings in AT&T were worth $13,464,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Front Row Advisors LLC purchased a new position in shares of AT&T during the second quarter worth $25,000. Mountain Hill Investment Partners Corp. lifted its stake in AT&T by 363.7% during the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after acquiring an additional 702 shares in the last quarter. Solstein Capital LLC lifted its stake in AT&T by 217.3% during the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock worth $28,000 after acquiring an additional 652 shares in the last quarter. Curio Wealth LLC boosted its holdings in AT&T by 26,100.0% during the 2nd quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock valued at $30,000 after acquiring an additional 1,044 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new position in AT&T in the 2nd quarter valued at about $32,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Stock Up 1.2%

AT&T stock opened at $28.82 on Friday. The company has a market capitalization of $201.72 billion, a P/E ratio of 9.45, a PEG ratio of 1.06 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The stock has a 50-day simple moving average of $24.81 and a 200-day simple moving average of $26.34.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS 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 company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter in the previous year, the company posted $0.43 earnings per share. 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. Equities research analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were given a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a yield of 3.9%. AT&T’s dividend payout ratio is 36.39%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on T. KeyCorp reissued an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. The Goldman Sachs Group reduced their target price on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a report on Friday, December 19th. Wall Street Zen cut shares of AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Wells Fargo & Company dropped their price target on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. Finally, Morgan Stanley reduced their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $29.93.

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.