AT&T Inc. (NYSE:T) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of AT&T Inc. (NYSE:T) have been assigned a consensus rating of “Moderate Buy” from the twenty-one brokerages that are presently covering the firm, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $30.5476.

Several equities analysts recently commented on T shares. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a research report on Saturday. KeyCorp raised their target price on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Scotiabank cut their target price on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research report on Thursday, April 23rd. Morgan Stanley began coverage on AT&T in a research report on Thursday, April 16th. They set an “overweight” rating and a $30.00 target price for the company. Finally, BNP Paribas Exane dropped their price target on AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd.

Institutional Investors Weigh In On AT&T

A number of hedge funds and other institutional investors have recently bought and sold shares of T. Annex Advisory Services LLC raised its holdings in AT&T by 749.1% during the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock worth $3,964,000 after acquiring an additional 140,802 shares in the last quarter. World Investment Advisors raised its holdings in AT&T by 85.0% during the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after acquiring an additional 155,728 shares in the last quarter. ING Groep NV raised its holdings in AT&T by 120.3% during the fourth quarter. ING Groep NV now owns 2,050,310 shares of the technology company’s stock worth $50,930,000 after acquiring an additional 1,119,731 shares in the last quarter. Cerity Partners LLC raised its holdings in AT&T by 3.7% during the fourth quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock worth $41,449,000 after acquiring an additional 59,279 shares in the last quarter. Finally, WealthPlan Investment Management LLC raised its holdings in AT&T by 415.0% during the fourth quarter. WealthPlan Investment Management LLC now owns 63,357 shares of the technology company’s stock worth $1,574,000 after acquiring an additional 51,055 shares in the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Price Performance

AT&T stock opened at $22.02 on Wednesday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. The company has a market capitalization of $152.97 billion, a PE ratio of 7.39, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21. AT&T has a one year low of $21.99 and a one year high of $29.79. The business has a 50 day simple moving average of $24.77 and a 200 day simple moving average of $25.75.

AT&T (NYSE:T) last posted its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. The business had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.AT&T’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts forecast that AT&T will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is currently 37.25%.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T Fiber received strong validation in a new Opensignal report, earning 107 wins across speed, reliability, video, and consistency categories and outperforming competitors in many metro markets. This supports the company’s broadband growth story and may help sentiment around the fiber business. Article
• Neutral Sentiment: AT&T is getting increased investor attention, according to Zacks, but the note does not point to a specific new catalyst; it mainly reflects elevated interest in the name. Article
• Negative Sentiment: California asked a court and the FCC to block AT&T’s request to stop offering traditional copper-wire phone service to new customers, highlighting regulatory resistance to AT&T’s network transition plans. That could delay the company’s cost-cutting and modernization efforts. Article
• Negative Sentiment: Related reports say AT&T wants to cancel wireline phone service for about 199,000 people, but California’s pushback suggests this plan could face hurdles, adding uncertainty around the copper-network exit. Article

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.