AT&T Inc. $T Shares Purchased by HF Advisory Group LLC

HF Advisory Group LLC increased its position in shares of AT&T Inc. (NYSE:TFree Report) by 46.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 135,205 shares of the technology company’s stock after purchasing an additional 42,651 shares during the period. HF Advisory Group LLC’s holdings in AT&T were worth $3,358,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Front Row Advisors LLC purchased a new stake in shares of AT&T in the 2nd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. raised its position in shares of 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 buying an additional 702 shares during the period. GGM Financials LLC acquired a new position in AT&T in the third quarter valued at approximately $25,000. Cloud Capital Management LLC acquired a new position in AT&T in the third quarter valued at approximately $31,000. Finally, Kilter Group LLC purchased a new position in AT&T in the second quarter worth approximately $32,000. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Down 2.3%

Shares of NYSE T opened at $28.32 on Thursday. The firm has a market cap of $197.80 billion, a price-to-earnings ratio of 9.29, a PEG ratio of 1.08 and a beta of 0.39. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79. The business’s 50 day moving average is $27.52 and its two-hundred day moving average is $26.23.

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

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.11 annualized dividend and a yield of 3.9%. AT&T’s dividend payout ratio is presently 36.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on T shares. Royal Bank Of Canada reissued an “outperform” rating and set a $31.00 target price on shares of AT&T in a research note on Thursday, February 12th. Sanford C. Bernstein decreased their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Barclays cut their price objective on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. TD Cowen restated a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Finally, Wells Fargo & Company decreased their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $30.74.

Read Our Latest Report on AT&T

Key Stories Impacting AT&T

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AT&T Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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