Cahaba Wealth Management Inc. Has $682,000 Stock Holdings in AT&T Inc. $T

Cahaba Wealth Management Inc. trimmed its position in shares of AT&T Inc. (NYSE:T) by 53.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,536 shares of the technology company’s stock after selling 27,442 shares during the period. Cahaba Wealth Management Inc.’s holdings in AT&T were worth $682,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Fairway Wealth LLC purchased a new stake in shares of AT&T during the 1st quarter worth about $29,000. Safe Harbor Fiduciary LLC bought a new stake in shares of AT&T in the 4th quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC acquired a new position in AT&T in the fourth quarter worth approximately $25,000. Cresta Advisors Ltd. acquired a new position in AT&T in the fourth quarter worth approximately $26,000. Finally, Blueline Advisors LLC bought a new position in AT&T during the fourth quarter valued at approximately $26,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Trading Down 0.1%

NYSE:T opened at $21.06 on Thursday. The company’s 50 day moving average is $23.57 and its 200-day moving average is $25.45. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79. The firm has a market cap of $146.33 billion, a price-to-earnings ratio of 7.07, a P/E/G ratio of 0.86 and a beta of 0.24.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same period in the prior year, the firm earned $0.51 EPS. AT&T’s quarterly revenue 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 analysts anticipate that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 5.3%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is presently 37.25%.

Key AT&T News

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T helped complete North America’s first in-field trial of enhanced 5G mobility features with Ericsson and MediaTek, which could improve network reliability and support future 5G service quality. Article: Ericsson, AT&T and MediaTek complete North America’s first in-field trial of enhanced mobility features
• Positive Sentiment: Several recent articles continue to frame AT&T as an undervalued dividend/value stock, which may attract income-focused investors. Article: Why AT&T (T) is a Top Value Stock for the Long-Term
• Neutral Sentiment: AT&T was mentioned in a carrier fraud-prevention collaboration with Verizon and T-Mobile, but the update appears more industry-wide than a direct near-term earnings catalyst. Article: Verizon (VZ) Launches Carrier Fraud Tool As SOVA Deal Expands Enterprise Reach
• Neutral Sentiment: Coverage around AT&T’s Build-A-Plan expansion and its California copper-network dispute highlights strategic execution and cost control, but these items are not immediate stock movers on their own. Article: Why AT&T’s (T) California Copper Fight Matters for Legacy Network Cost Control
• Negative Sentiment: Shares of telecom peers fell on renewed concern that SpaceX’s Starlink could add competitive pressure to traditional carriers like AT&T, keeping investors cautious about long-term wireless and broadband growth. Article: SpaceX’s Starlink Puts Verizon, AT&T, and T-Mobile Under the Microscope

Wall Street Analyst Weigh In

T has been the subject of a number of analyst reports. Scotiabank reduced their target price on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research note on Thursday, April 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $31.00 price target on shares of AT&T in a report on Wednesday, May 20th. Morgan Stanley reduced their price objective on shares of AT&T from $30.00 to $25.00 and set an “overweight” rating for the company in a research note on Tuesday. Citigroup upped their price objective on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday, March 23rd. Finally, Weiss Ratings downgraded shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $29.68.

AT&T 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.