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

Cahaba Wealth Management Inc. trimmed its stake in AT&T Inc. (NYSE:T) by 53.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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 SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Seelaus Asset Management LLC increased its position in shares of AT&T by 1.6% during the 1st quarter. Seelaus Asset Management LLC now owns 35,237 shares of the technology company’s stock worth $1,022,000 after purchasing an additional 550 shares in the last quarter. Greenwood Capital Associates LLC acquired a new position in AT&T in the first quarter valued at about $235,000. Nichols & Pratt Advisers LLP MA grew its stake in AT&T by 3.7% during the first quarter. Nichols & Pratt Advisers LLP MA now owns 21,879 shares of the technology company’s stock worth $634,000 after buying an additional 788 shares during the last quarter. PCB Capital LLC grew its stake in AT&T by 18.9% during the first quarter. PCB Capital LLC now owns 40,073 shares of the technology company’s stock worth $1,162,000 after buying an additional 6,384 shares during the last quarter. Finally, Cvfg LLC acquired a new stake in shares of AT&T during the first quarter worth approximately $295,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about AT&T

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

AT&T Stock Down 0.1%

Shares of NYSE T opened at $21.06 on Thursday. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.79. The firm’s 50-day moving average is $23.57 and its 200-day moving average is $25.45. 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 capitalization of $146.33 billion, a PE ratio of 7.07, a price-to-earnings-growth ratio of 0.86 and a beta of 0.24.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $31.29 billion. During the same period in the prior year, the business posted $0.51 earnings per share. AT&T’s 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 expect that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given 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 currently 37.25%.

Analysts Set New Price Targets

Several equities analysts have issued reports on T shares. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Barclays decreased their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday. Scotiabank cut their price target on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, April 23rd. Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Finally, Citigroup increased 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. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.