Vise Technologies Inc. raised its position in shares of AT&T Inc. (NYSE:T – Free Report) by 14.6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 217,005 shares of the technology company’s stock after purchasing an additional 27,576 shares during the period. Vise Technologies Inc.’s holdings in AT&T were worth $5,390,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also bought and sold shares of the company. GGM Financials LLC bought a new position in shares of AT&T in the 3rd quarter worth $25,000. Rachor Investment Advisory Services LLC bought a new position in shares of AT&T in the 4th quarter worth $25,000. Cresta Advisors Ltd. bought a new position in shares of AT&T in the 4th quarter worth $26,000. Blueline Advisors LLC bought a new position in shares of AT&T in the 4th quarter worth $26,000. Finally, OFI Invest Asset Management raised its position in shares of AT&T by 84.2% in the 4th quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company’s stock worth $27,000 after acquiring an additional 496,804 shares in the last quarter. 57.10% of the stock is owned by institutional investors.
AT&T Stock Up 0.1%
AT&T stock opened at $22.79 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The business’s 50-day simple moving average is $25.90 and its two-hundred day simple moving average is $25.95. The company has a market cap of $158.32 billion, a PE ratio of 7.65, a PEG ratio of 0.95 and a beta of 0.21. AT&T Inc. has a fifty-two week low of $22.33 and a fifty-two week high of $29.79.
AT&T Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were paid a $0.2775 dividend. The ex-dividend date was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.9%. AT&T’s dividend payout ratio is presently 37.25%.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Wall Street Zen lowered AT&T from a “hold” rating to a “sell” rating in a research report on Saturday, May 30th. KeyCorp boosted their price target on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research report on Wednesday, May 20th. Citigroup boosted their price target on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Finally, Morgan Stanley started coverage on AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $30.55.
Read Our Latest Analysis on AT&T
Key Stories Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T is expanding its connected-car business, extending ties with LiveOne and Cisco to improve in-car entertainment, simplify billing through embedded SIMs, and bring 5G services to the Rivian R2, which could support future revenue growth. Article Title
- Positive Sentiment: Analyst commentary continues to highlight AT&T’s value profile, with some investors viewing fiber expansion, 5G growth, and bundled services as long-term supports for customer retention and cash flow. Article Title
- Neutral Sentiment: Telecom peers are investing in AI systems to keep networks resilient during storms, a reminder that AT&T is also focused on network reliability rather than a company-specific catalyst. Article Title
- Neutral Sentiment: Industry chatter about a possible SpaceX involvement in future FCC spectrum auctions could affect telecoms later, but there is no immediate AT&T-specific impact from the latest auction update. Article Title
- Negative Sentiment: The biggest near-term drag remains the Supreme Court ruling backing FCC penalty procedures, which keeps regulatory and reputational risk in focus for AT&T and could weigh on sentiment. Article Title
- Negative Sentiment: Investor sentiment also weakened after an analyst downgrade and renewed competitive concerns, which helped pressure AT&T shares despite some bargain-hunting interest. Article Title
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.
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