Foundations Investment Advisors LLC Grows Stock Holdings in AT&T Inc. $T

Foundations Investment Advisors LLC boosted its stake in AT&T Inc. (NYSE:T) by 13.6% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 596,504 shares of the technology company’s stock after purchasing an additional 71,591 shares during the quarter. Foundations Investment Advisors LLC’s holdings in AT&T were worth $14,817,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Tsfg LLC lifted its stake in AT&T by 3.6% in the 4th quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock worth $265,000 after purchasing an additional 366 shares in the last quarter. Aspire Growth Partners LLC lifted its stake in AT&T by 1.1% in the 4th quarter. Aspire Growth Partners LLC now owns 36,790 shares of the technology company’s stock worth $914,000 after purchasing an additional 386 shares in the last quarter. Gentry Private Wealth LLC lifted its stake in AT&T by 1.7% in the 3rd quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock worth $665,000 after purchasing an additional 393 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in AT&T by 2.8% in the 3rd quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company’s stock worth $419,000 after purchasing an additional 406 shares in the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. lifted its stake in AT&T by 1.6% in the 3rd quarter. Arkfeld Wealth Strategies L.L.C. now owns 25,869 shares of the technology company’s stock worth $700,000 after purchasing an additional 415 shares in the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

AT&T stock opened at $24.92 on Thursday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79. The firm has a market capitalization of $173.18 billion, a P/E ratio of 8.36, a price-to-earnings-growth ratio of 0.91 and a beta of 0.23. The company’s 50-day moving average is $26.50 and its 200 day moving average is $26.02.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same period in the prior year, the company posted $0.51 EPS. The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts forecast that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Friday, April 10th were given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, April 10th. AT&T’s dividend payout ratio is 37.25%.

Analyst Ratings Changes

Several analysts have commented on the stock. Citigroup boosted their price target on shares of 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 shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a research note on Tuesday, March 10th. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Oppenheimer boosted their price target on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 11th. Finally, TD Cowen reiterated a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $30.55.

AT&T 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.