AT&T Inc. $T Stock Holdings Raised by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH grew its stake in AT&T Inc. (NYSE:T) by 5.3% during the first quarter, HoldingsChannel.com reports. The firm owned 2,454,967 shares of the technology company’s stock after purchasing an additional 122,857 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in AT&T were worth $71,169,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

Several brokerages have recently issued reports on T. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. KeyCorp increased their price objective on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Arete Research upgraded shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective on the stock in a research report on Tuesday, March 10th. Weiss Ratings cut shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Finally, BNP Paribas Exane decreased their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $30.55.

AT&T Trading Up 1.2%

Shares of T stock opened at $22.70 on Friday. AT&T Inc. has a 1 year low of $21.99 and a 1 year high of $29.79. The firm has a market capitalization of $157.71 billion, a PE ratio of 7.62, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21. The stock has a fifty day moving average of $24.42 and a two-hundred day moving average of $25.64. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92.

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

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio is 37.25%.

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.