Gaddis Premier Wealth Advisors LLC Invests $697,000 in AT&T Inc. $T

Gaddis Premier Wealth Advisors LLC bought a new position in shares of AT&T Inc. (NYSE:T) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 28,044 shares of the technology company’s stock, valued at approximately $697,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Tsfg LLC lifted its holdings in shares of AT&T by 3.6% during the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock worth $265,000 after buying an additional 366 shares in the last quarter. Lifestyle Asset Management Inc. lifted its holdings in shares of AT&T by 3.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock worth $261,000 after buying an additional 368 shares in the last quarter. Hillsdale Investment Management Inc. lifted its holdings in shares of AT&T by 1.2% during the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock worth $794,000 after buying an additional 370 shares in the last quarter. Bruce G. Allen Investments LLC lifted its holdings in shares of AT&T by 1.7% during the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock worth $556,000 after buying an additional 374 shares in the last quarter. Finally, Rockline Wealth Management LLC lifted its holdings in shares of AT&T by 3.8% during the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock worth $259,000 after buying an additional 378 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on T. Scotiabank dropped their target price 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. Citigroup lifted their price objective on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a report on Monday, March 23rd. Wall Street Zen cut AT&T from a “hold” rating to a “sell” rating in a report on Saturday, May 30th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a report on Wednesday, May 20th. Finally, Morgan Stanley initiated coverage on AT&T in a report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.55.

AT&T Trading Down 0.9%

Shares of T opened at $22.54 on Tuesday. AT&T Inc. has a 52-week low of $22.33 and a 52-week high of $29.79. The business’s fifty day moving average is $25.77 and its 200-day moving average is $25.93. 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 firm has a market cap of $156.58 billion, a price-to-earnings ratio of 7.56, a PEG ratio of 0.95 and a beta of 0.21.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) 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 company had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same quarter last year, the company posted $0.51 EPS. The company’s revenue for the quarter 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 anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The company 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. The ex-dividend date was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.9%. AT&T’s payout ratio is currently 37.25%.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T said CFO Pascal Desroches will speak at the Mizuho Technology Conference on June 9, where management is expected to update shareholders on the company’s multi-year growth strategy, 2026 guidance, and capital return plans. Pascal Desroches to Update Shareholders at Mizuho Technology Conference on June 9
• Positive Sentiment: AT&T announced new revenue opportunities through a connected-vehicle partnership with Rivian and a collaboration with LiveOne and Cisco to expand in-car entertainment and connectivity services, which could broaden the company’s wireless and data footprint over time. AT&T Targets New Revenue Streams With Rivian And In Car Partnerships
• Positive Sentiment: Technical commentary suggested AT&T may be oversold and sitting on support, raising the possibility of a short-term rebound if buyers step in. Stock Of The Day: Is AT&T About To Rally?

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.