Gaddis Premier Wealth Advisors LLC Buys New Position in AT&T Inc. $T

Gaddis Premier Wealth Advisors LLC bought a new stake in AT&T Inc. (NYSE:T) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 28,044 shares of the technology company’s stock, valued at approximately $697,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of T. Brighton Jones LLC raised its position in AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after buying an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. raised its position in AT&T by 4,352.9% in the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock valued at $180,000 after buying an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC grew its stake in AT&T by 4.0% in the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock valued at $775,000 after purchasing an additional 1,022 shares in the last quarter. HUB Investment Partners LLC increased its position in shares of AT&T by 19.6% during the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after purchasing an additional 9,115 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its position in shares of AT&T by 1.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after purchasing an additional 3,677 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

T has been the topic of several recent analyst reports. Scotiabank lowered their price target on AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a research report on Thursday, April 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $31.00 target price on shares of AT&T in a report on Wednesday, May 20th. KeyCorp upped their price target on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Wall Street Zen lowered shares of AT&T from a “hold” rating to a “sell” rating in a research note on Saturday, May 30th. Finally, Citigroup raised their target price on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research note on Monday, March 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

Key AT&T News

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: AT&T said CFO Pascal Desroches will speak at the Mizuho Technology Conference on June 9, where management is expected to update shareholders on the company’s multi-year growth strategy, 2026 guidance, and capital return plans. Pascal Desroches to Update Shareholders at Mizuho Technology Conference on June 9
• Positive Sentiment: AT&T announced new revenue opportunities through a connected-vehicle partnership with Rivian and a collaboration with LiveOne and Cisco to expand in-car entertainment and connectivity services, which could broaden the company’s wireless and data footprint over time. AT&T Targets New Revenue Streams With Rivian And In Car Partnerships
• Positive Sentiment: Technical commentary suggested AT&T may be oversold and sitting on support, raising the possibility of a short-term rebound if buyers step in. Stock Of The Day: Is AT&T About To Rally?

AT&T Price Performance

NYSE:T opened at $22.54 on Tuesday. AT&T Inc. has a one year low of $22.33 and a one year high of $29.79. The company has a market cap of $156.58 billion, a P/E ratio of 7.56, a P/E/G ratio of 0.95 and a beta of 0.21. The firm’s fifty day moving average price is $25.77 and its two-hundred day moving average price is $25.93. 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 (NYSE:T) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The firm had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. During the same period in the previous year, the company earned $0.51 earnings per share. The company’s quarterly revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts expect that AT&T Inc. will post 2.31 earnings per share for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 10th were issued 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 payout ratio is currently 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.