M Holdings Securities Inc. purchased a new stake in shares of AT&T Inc. (NYSE:T – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 123,830 shares of the technology company’s stock, valued at approximately $3,076,000.
Several other institutional investors have also added to or reduced their stakes in the company. Hughes Financial Services LLC boosted its position in AT&T by 18.9% during the 4th quarter. Hughes Financial Services LLC now owns 6,985 shares of the technology company’s stock valued at $174,000 after buying an additional 1,111 shares during the period. Sharpepoint LLC boosted its position in AT&T by 11.5% during the 4th quarter. Sharpepoint LLC now owns 105,566 shares of the technology company’s stock valued at $2,622,000 after buying an additional 10,850 shares during the period. Wellspring Financial Advisors LLC boosted its position in AT&T by 111.0% during the 4th quarter. Wellspring Financial Advisors LLC now owns 19,783 shares of the technology company’s stock valued at $491,000 after buying an additional 10,408 shares during the period. Zions Bancorporation National Association UT boosted its position in AT&T by 57.1% during the 4th quarter. Zions Bancorporation National Association UT now owns 29,866 shares of the technology company’s stock valued at $742,000 after buying an additional 10,858 shares during the period. Finally, Illinois Municipal Retirement Fund boosted its position in AT&T by 2.3% during the 4th quarter. Illinois Municipal Retirement Fund now owns 1,666,812 shares of the technology company’s stock valued at $41,404,000 after buying an additional 37,656 shares during the period. Hedge funds and other institutional investors own 57.10% of the company’s stock.
AT&T Trading Up 2.1%
NYSE:T opened at $23.19 on Thursday. The company has a 50-day moving average price of $25.53 and a 200-day moving average price of $25.90. AT&T Inc. has a 12 month low of $22.32 and a 12 month high of $29.79. 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 stock has a market cap of $161.13 billion, a price-to-earnings ratio of 7.78, a P/E/G ratio of 0.95 and a beta of 0.21.
AT&T Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is currently 37.25%.
AT&T News Roundup
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T launched Unlimited Day Pass, a new on-demand iPad connectivity offer that lets eligible U.S. users on any carrier get unlimited data for $3 a day. This expands AT&T’s wireless monetization opportunities and could attract incremental usage and revenue. Article Title
- Positive Sentiment: AT&T is continuing to push fiber expansion and bundled offerings, including simplified home internet tiers, wireless savings, and added features such as Internet Backup and All-Fi Pro. Investors may see this as a sign of improving revenue mix and stronger cross-selling potential. Article Title
- Positive Sentiment: AT&T’s partnership activity in connected cars, in-vehicle entertainment, and AI-powered transportation infrastructure points to additional growth avenues beyond traditional wireless service. These collaborations may support a longer-term bull case for revenue diversification. Article Title
- Neutral Sentiment: Several recent items, including AT&T’s presentation at the Mizuho Technology Conference and broader telecom-sector watchlist coverage, are mainly informational and did not introduce a major new catalyst. Article Title
- Negative Sentiment: Oppenheimer downgraded AT&T to Perform from Outperform, citing caution around long-term broadband growth and fiber expansion risks. That analyst shift may be weighing on sentiment despite the company’s cheaper valuation. Article Title
- Negative Sentiment: Coverage highlighting a major customer data setback for Verizon and AT&T could raise investor concerns about privacy, regulatory risk, or carrier-level data practices, even if the direct financial impact is unclear. Article Title
Analysts Set New Price Targets
Several equities research analysts have weighed in on T shares. Weiss Ratings cut shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a research report on Tuesday, March 10th. Morgan Stanley assumed coverage on shares of AT&T in a research report on Thursday, April 16th. They set an “overweight” rating and a $30.00 price target for the company. Wall Street Zen cut shares of AT&T from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. Finally, BNP Paribas Exane dropped their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.55.
About AT&T
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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