AT&T Inc. $T Shares Purchased by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC grew its holdings in shares of AT&T Inc. (NYSE:T) by 84.8% during the fourth quarter, Holdings Channel reports. The firm owned 98,852 shares of the technology company’s stock after acquiring an additional 45,372 shares during the quarter. WCG Wealth Advisors LLC’s holdings in AT&T were worth $2,455,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of AT&T in the 4th quarter worth approximately $2,181,977,000. Amundi increased its position in AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after buying an additional 17,040,328 shares during the period. Woodline Partners LP increased its position in AT&T by 931.4% in the third quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock worth $226,702,000 after buying an additional 7,249,373 shares during the period. PFA Pension Forsikringsaktieselskab bought a new stake in AT&T in the fourth quarter valued at $126,050,000. Finally, SG Americas Securities LLC boosted its holdings in shares of AT&T by 222.7% during the fourth quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock valued at $170,076,000 after acquiring an additional 4,725,382 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Price Performance

Shares of NYSE:T opened at $22.77 on Friday. The stock has a market cap of $158.21 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 0.86 and a beta of 0.21. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. AT&T Inc. has a 12 month low of $22.33 and a 12 month high of $29.79. The stock’s 50 day moving average price is $26.02 and its 200 day moving average price is $25.97.

AT&T (NYSE:T) last posted 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. The company had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Friday, April 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:

• Negative Sentiment: The U.S. Supreme Court upheld the FCC’s penalty process in a case involving AT&T and Verizon, reinforcing the regulator’s authority and leaving AT&T’s $57 million fine tied to customer location-data practices intact. Why the SpaceX IPO Is Sending AT&T Stock Down Today
• Negative Sentiment: Oppenheimer downgraded AT&T to “Perform,” citing rising competition risk from SpaceX’s satellite-broadband ambitions, which pressured sentiment across the telecom group. Why the SpaceX IPO Is Sending AT&T Stock Down Today
• Neutral Sentiment: AT&T also announced simplified home internet pricing and new fiber plans, which could help long-term customer retention, but the market appears focused more on near-term margin and cash-flow tradeoffs.
• Neutral Sentiment: Unusual options activity showed heavier call buying, suggesting some traders may be positioning for a rebound despite the recent selloff.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on T shares. 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. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Wednesday, May 20th. Morgan Stanley started coverage on AT&T in a report on Thursday, April 16th. They set an “overweight” rating and a $30.00 price target on the stock. Wall Street Zen lowered AT&T from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Finally, Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, AT&T has an average rating of “Moderate Buy” and an average target price of $30.55.

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.