AT&T Inc. $T Stock Holdings Decreased by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC lessened its stake in AT&T Inc. (NYSE:TFree Report) by 96.7% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 24,256 shares of the technology company’s stock after selling 706,219 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in AT&T were worth $685,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Front Row Advisors LLC bought a new position in AT&T during the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. lifted its stake in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after purchasing an additional 702 shares during the last quarter. GGM Financials LLC acquired a new position in AT&T in the third quarter worth $25,000. Legacy Investment Solutions LLC bought a new stake in AT&T during the second quarter valued at $32,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of AT&T during the third quarter worth $31,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

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AT&T Trading Up 1.8%

Shares of T stock opened at $27.97 on Monday. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79. The firm has a market capitalization of $195.79 billion, a PE ratio of 9.17, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39. The stock has a fifty day moving average of $25.63 and a two-hundred day moving average of $26.34. 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 (NYSE:TGet Free Report) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion for 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%. The company’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts expect that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a dividend yield of 4.0%. AT&T’s dividend payout ratio (DPR) is 36.39%.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on T shares. Morgan Stanley decreased their price target on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Wells Fargo & Company lowered their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, January 26th. UBS Group reissued a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Barclays lowered their price objective on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group cut their target price on AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus price target of $29.93.

Get Our Latest Stock Report on AT&T

AT&T 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.

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

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