Compass Financial Management LLC Makes New $519,000 Investment in AT&T Inc. $T

Compass Financial Management LLC purchased a new stake in shares of AT&T Inc. (NYSE:T) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 24,533 shares of the technology company’s stock, valued at approximately $519,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Rachor Investment Advisory Services LLC bought a new position in AT&T in the 4th quarter valued at about $25,000. Safe Harbor Fiduciary LLC bought a new stake in shares of AT&T during the 4th quarter worth about $25,000. Cresta Advisors Ltd. bought a new stake in shares of AT&T during the 4th quarter worth about $26,000. Blueline Advisors LLC acquired a new stake in shares of AT&T in the 4th quarter worth approximately $26,000. Finally, Winnow Wealth LLC lifted its stake in shares of AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after acquiring an additional 820 shares during the period. 57.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. The Goldman Sachs Group set a $30.00 price objective on shares of AT&T in a research note on Wednesday, July 22nd. Wells Fargo & Company upped their target price on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Scotiabank lowered their price target on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research report on Wednesday, July 15th. Finally, Barclays lowered their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $29.19.

AT&T Stock Performance

NYSE:T opened at $25.77 on Wednesday. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.79. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The company has a 50-day moving average of $22.93 and a 200-day moving average of $25.25. The firm has a market cap of $176.55 billion, a price-to-earnings ratio of 8.53, a price-to-earnings-growth ratio of 1.05 and a beta of 0.23.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company had revenue of $31.56 billion for the quarter, compared to analysts’ expectations of $31.80 billion. During the same quarter in the previous year, the company posted $0.54 EPS. The business’s revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts forecast that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were given a $0.2775 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.11 annualized dividend and a yield of 4.3%. AT&T’s payout ratio is 36.75%.

AT&T Company 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.