AT&T Inc. $T Shares Acquired by HighTower Advisors LLC

HighTower Advisors LLC lifted its stake in shares of AT&T Inc. (NYSE:T) by 4.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,715,114 shares of the technology company’s stock after buying an additional 117,617 shares during the quarter. HighTower Advisors LLC’s holdings in AT&T were worth $67,443,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in T. GGM Financials LLC acquired a new position in shares of AT&T during the third quarter worth about $25,000. Rachor Investment Advisory Services LLC acquired a new position in shares of AT&T during the fourth quarter worth about $25,000. Cresta Advisors Ltd. acquired a new position in shares of AT&T during the fourth quarter worth about $26,000. OFI Invest Asset Management increased its holdings in AT&T by 84.2% in the fourth quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company’s stock valued at $27,000 after buying an additional 496,804 shares during the last quarter. Finally, Eagle Bay Advisors LLC purchased a new position in AT&T in the fourth quarter valued at $29,000. 57.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

T has been the topic of several recent analyst reports. Williams Trading set a $32.00 target price on AT&T in a report on Thursday, January 29th. Oppenheimer increased their target price on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Wells Fargo & Company dropped their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Morgan Stanley assumed coverage on AT&T in a report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 price objective on shares of AT&T in a report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, AT&T has an average rating of “Moderate Buy” and an average price target of $30.55.

More AT&T News

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

• Positive Sentiment: AT&T unveiled a large $19 billion California network investment plan, signaling long-term growth in fiber and wireless services and reinforcing its infrastructure upgrade strategy. AT&T Makes $19 Billion Commitment to Bring High-Speed Connectivity to California
• Positive Sentiment: Royal Bank of Canada reaffirmed its outperform rating and kept a $31 price target, suggesting meaningful upside from recent trading levels. AT&T rating reaffirmed by RBC
• Positive Sentiment: AT&T Fiber was ranked #1 in customer satisfaction for the fourth straight year, which may support subscriber growth and lower churn. Four Years at #1: AT&T Fiber Customers Are the Happiest

AT&T Stock Down 0.2%

AT&T stock opened at $24.93 on Thursday. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The company has a market capitalization of $173.19 billion, a P/E ratio of 8.36, a PEG ratio of 0.92 and a beta of 0.23. The stock has a 50-day simple moving average of $26.73 and a 200-day simple moving average of $26.00.

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

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were paid a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.5%. AT&T’s dividend payout ratio is currently 37.25%.

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.