AT&T (NYSE:T) Stock Price Down 1.3% – Time to Sell?

Shares of AT&T Inc. (NYSE:T) traded down 1.3% during mid-day trading on Thursday . The stock traded as low as $25.12 and last traded at $25.2410. 41,756,160 shares traded hands during trading, a decline of 3% from the average session volume of 43,033,074 shares. The stock had previously closed at $25.57.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on T shares. TD Cowen reissued a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Williams Trading set a $32.00 price target on shares of AT&T in a research report on Thursday, January 29th. Sanford C. Bernstein cut their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a report on Tuesday, March 10th. Finally, Citigroup lifted their target price on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. One investment 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. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $30.55.

AT&T Price Performance

The company has a market capitalization of $175.38 billion, a PE ratio of 8.47, a PEG ratio of 0.95 and a beta of 0.23. The firm has a fifty day moving average of $27.42 and a two-hundred day moving average of $26.04. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:T) last issued 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. The company had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.AT&T’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.4%. AT&T’s dividend payout ratio is presently 37.25%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mountain Hill Investment Partners Corp. raised its position in AT&T by 363.7% during the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares during the last quarter. GGM Financials LLC bought a new position in AT&T during the 3rd quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC bought a new position in AT&T during the 4th quarter valued at approximately $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T during the 4th quarter valued at approximately $25,000. Finally, Cresta Advisors Ltd. bought a new position in AT&T during the 4th quarter valued at approximately $26,000. Institutional investors own 57.10% of the company’s stock.

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.