Apeiron RIA LLC Makes New Investment in AT&T Inc. $T

Apeiron RIA LLC bought a new stake in shares of AT&T Inc. (NYSE:T) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 36,821 shares of the technology company’s stock, valued at approximately $895,000.

A number of other hedge funds also recently made changes to their positions in the business. Apella Capital LLC grew its position in shares of AT&T by 4.8% during the 3rd quarter. Apella Capital LLC now owns 93,013 shares of the technology company’s stock valued at $2,276,000 after acquiring an additional 4,268 shares during the period. Avidian Wealth Enterprises LLC raised its holdings in shares of AT&T by 3.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 74,381 shares of the technology company’s stock worth $1,815,000 after purchasing an additional 2,714 shares during the period. Valeo Financial Advisors LLC lifted its stake in AT&T by 0.8% in the third quarter. Valeo Financial Advisors LLC now owns 158,861 shares of the technology company’s stock valued at $3,876,000 after purchasing an additional 1,244 shares during the last quarter. Vista Investment Partners LLC lifted its stake in AT&T by 15.1% in the third quarter. Vista Investment Partners LLC now owns 83,089 shares of the technology company’s stock valued at $2,027,000 after purchasing an additional 10,924 shares during the last quarter. Finally, Quintet Private Bank Europe S.A. grew its holdings in AT&T by 44.1% during the third quarter. Quintet Private Bank Europe S.A. now owns 2,451,253 shares of the technology company’s stock valued at $59,811,000 after purchasing an additional 750,364 shares during the period. 57.10% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

T has been the subject of a number of recent research reports. Wells Fargo & Company raised 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. The Goldman Sachs Group set a $30.00 price target on AT&T in a research report on Wednesday, July 22nd. Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price target for the company in a research note on Thursday, July 23rd. BNP Paribas Exane raised AT&T from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $26.00 to $30.00 in a report on Monday, September 21st. Finally, Morgan Stanley boosted their price objective on AT&T from $27.00 to $28.00 and gave the company an “overweight” rating in a research note on Monday, September 28th. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.16.

AT&T Price Performance

AT&T stock traded up $0.35 during midday trading on Thursday, reaching $24.82. 12,122,587 shares of the stock were exchanged, compared to its average volume of 47,769,777. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.43. The firm has a market cap of $170.11 billion, a PE ratio of 8.20, a PEG ratio of 1.22 and a beta of 0.25. The company’s fifty day moving average is $25.01 and its 200-day moving average is $24.68.

AT&T (NYSE:T) last announced its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. AT&T’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts forecast that AT&T Inc. will post 2.33 EPS for the current year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, October 9th. AT&T’s payout ratio is presently 36.75%.

AT&T Company Profile

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.