Hilton Head Capital Partners LLC bought a new position in AT&T Inc. (NYSE:T – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 42,193 shares of the technology company’s stock, valued at approximately $1,048,000.
A number of other hedge funds have also recently modified their holdings of T. GGM Financials LLC purchased a new stake in shares of AT&T in the third quarter worth about $25,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of AT&T in the fourth quarter worth about $25,000. Cresta Advisors Ltd. purchased a new stake in shares of AT&T in the fourth quarter worth about $26,000. Blueline Advisors LLC purchased a new stake in shares of AT&T in the fourth quarter worth about $26,000. Finally, OFI Invest Asset Management boosted its stake in shares of 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 worth $27,000 after buying an additional 496,804 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.
Wall Street Analyst Weigh In
T has been the topic of a number of recent research reports. BNP Paribas Exane lowered their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Citigroup upped their target price on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. 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 note on Tuesday, March 10th. Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 price target on shares of AT&T in a research report on Wednesday, May 20th. Finally, Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, AT&T has a consensus rating of “Moderate Buy” and an average target price of $30.55.
AT&T News Summary
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T is expanding its connected-car business, extending ties with LiveOne and Cisco to improve in-car entertainment, simplify billing through embedded SIMs, and bring 5G services to the Rivian R2, which could support future revenue growth. Article Title
- Positive Sentiment: Analyst commentary continues to highlight AT&T’s value profile, with some investors viewing fiber expansion, 5G growth, and bundled services as long-term supports for customer retention and cash flow. Article Title
- Neutral Sentiment: Telecom peers are investing in AI systems to keep networks resilient during storms, a reminder that AT&T is also focused on network reliability rather than a company-specific catalyst. Article Title
- Neutral Sentiment: Industry chatter about a possible SpaceX involvement in future FCC spectrum auctions could affect telecoms later, but there is no immediate AT&T-specific impact from the latest auction update. Article Title
- Negative Sentiment: The biggest near-term drag remains the Supreme Court ruling backing FCC penalty procedures, which keeps regulatory and reputational risk in focus for AT&T and could weigh on sentiment. Article Title
- Negative Sentiment: Investor sentiment also weakened after an analyst downgrade and renewed competitive concerns, which helped pressure AT&T shares despite some bargain-hunting interest. Article Title
AT&T Stock Performance
Shares of T stock opened at $22.79 on Monday. The company has a market capitalization of $158.32 billion, a P/E ratio of 7.65, a P/E/G ratio of 0.95 and a beta of 0.21. The business’s 50 day moving average is $25.90 and its two-hundred day moving average is $25.95. AT&T Inc. has a 12-month low of $22.33 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.
AT&T (NYSE:T – Get Free Report) last released 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 business had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts expect that AT&T Inc. will post 2.31 EPS for the current fiscal year.
AT&T Announces Dividend
The company 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 4.9%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.
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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