New Age Alpha Advisors LLC Raises Stock Holdings in AT&T Inc. $T

New Age Alpha Advisors LLC lifted its position in AT&T Inc. (NYSE:TFree Report) by 218.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 388,115 shares of the technology company’s stock after purchasing an additional 266,184 shares during the quarter. New Age Alpha Advisors LLC’s holdings in AT&T were worth $10,960,000 as of its most recent filing with the Securities & Exchange Commission.

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

AT&T Trading Up 1.8%

Shares of T stock opened at $27.97 on Friday. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79. The company has a market cap of $195.79 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 1.04 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The stock has a 50 day simple moving average of $25.63 and a 200-day simple moving average of $26.36.

AT&T (NYSE:TGet Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping the consensus estimate of $0.46 by $0.06. The company had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm’s revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

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

AT&T News Summary

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on T. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 price target on shares of AT&T in a research report on Thursday, February 12th. Wall Street Zen downgraded AT&T from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Arete Research set a $20.00 target price on AT&T in a report on Tuesday, January 6th. The Goldman Sachs Group decreased their price target on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a report on Friday, December 19th. Finally, Morgan Stanley lowered their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, AT&T has a consensus rating of “Moderate Buy” and a consensus price target of $29.93.

Get Our Latest Analysis on T

About AT&T

(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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