AT&T Inc. $T Shares Purchased by Drucker Wealth 3.0 LLC

Drucker Wealth 3.0 LLC raised its stake in AT&T Inc. (NYSE:T) by 60.6% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 60,022 shares of the technology company’s stock after buying an additional 22,647 shares during the quarter. Drucker Wealth 3.0 LLC’s holdings in AT&T were worth $1,695,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Front Row Advisors LLC acquired a new position in shares of AT&T during the second quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. raised its stake 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 acquiring an additional 702 shares in the last quarter. Solstein Capital LLC raised its stake in AT&T by 217.3% during the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after acquiring an additional 652 shares in the last quarter. Curio Wealth LLC boosted its position in AT&T by 26,100.0% during the 2nd quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock worth $30,000 after acquiring an additional 1,044 shares during the period. Finally, Cloud Capital Management LLC bought a new position in shares of AT&T in the third quarter worth $31,000. Institutional investors own 57.10% of the company’s stock.

AT&T Trading Up 0.0%

AT&T stock opened at $28.70 on Wednesday. The firm has a market cap of $200.92 billion, a price-to-earnings ratio of 9.41, a price-to-earnings-growth ratio of 1.06 and a beta of 0.39. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79. The firm’s 50 day moving average price is $25.04 and its two-hundred day moving average price is $26.35. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

AT&T (NYSE:T) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company’s revenue was up 3.6% compared to the same quarter last year. During the same period last year, the company posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts predict that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a yield of 3.9%. AT&T’s dividend payout ratio (DPR) is currently 36.39%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on T shares. Citigroup cut their price objective on shares of AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a research note on Monday, December 22nd. Barclays lowered their target price on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. UBS Group restated a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $29.93.

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.