Aptus Capital Advisors LLC Buys 316,221 Shares of AT&T Inc. $T

Aptus Capital Advisors LLC raised its holdings in shares of AT&T Inc. (NYSE:T) by 180.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 491,482 shares of the technology company’s stock after buying an additional 316,221 shares during the period. Aptus Capital Advisors LLC’s holdings in AT&T were worth $12,208,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Apriem Advisors boosted its position in shares of AT&T by 5.7% during the fourth quarter. Apriem Advisors now owns 41,087 shares of the technology company’s stock valued at $1,021,000 after buying an additional 2,218 shares during the period. Arete Wealth Advisors LLC boosted its position in shares of AT&T by 3.4% during the fourth quarter. Arete Wealth Advisors LLC now owns 63,230 shares of the technology company’s stock valued at $1,571,000 after buying an additional 2,068 shares during the period. FORA Capital LLC boosted its position in shares of AT&T by 574.3% during the fourth quarter. FORA Capital LLC now owns 421,798 shares of the technology company’s stock valued at $10,570,000 after buying an additional 359,241 shares during the period. Burton Enright Welch purchased a new position in shares of AT&T during the fourth quarter valued at approximately $290,000. Finally, Kestra Advisory Services LLC boosted its position in shares of AT&T by 9.1% during the fourth quarter. Kestra Advisory Services LLC now owns 1,429,970 shares of the technology company’s stock valued at $35,520,000 after buying an additional 118,775 shares during the period. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

Shares of T opened at $23.54 on Monday. AT&T Inc. has a 12 month low of $22.32 and a 12 month high of $29.79. The stock has a fifty day moving average price of $25.32 and a 200-day moving average price of $25.86. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The firm has a market cap of $163.56 billion, a PE ratio of 7.90, a P/E/G ratio of 0.98 and a beta of 0.21.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. During the same quarter in the prior year, the business posted $0.51 EPS. The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts predict that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is currently 37.25%.

Analyst Ratings Changes

Several research analysts have issued reports on T shares. Weiss Ratings lowered AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $31.00 price target on shares of AT&T in a report on Wednesday, May 20th. Citigroup boosted their price target on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a report on Monday, March 23rd. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Finally, Morgan Stanley began coverage on AT&T in a report on Thursday, April 16th. They set an “overweight” rating and a $30.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

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.