Orographic Financial Advisors LLC bought a new position in shares of AT&T Inc. (NYSE:T – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 118,990 shares of the technology company’s stock, valued at approximately $3,449,000. AT&T comprises 2.4% of Orographic Financial Advisors LLC’s investment portfolio, making the stock its 9th biggest holding.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in T. Fairway Wealth LLC purchased a new stake in shares of AT&T during the 1st quarter worth approximately $29,000. Safe Harbor Fiduciary LLC acquired a new position in shares of AT&T in the 4th quarter valued at $25,000. Rachor Investment Advisory Services LLC purchased a new position in shares of AT&T in the 4th quarter valued at $25,000. Cresta Advisors Ltd. purchased a new position in shares of AT&T in the 4th quarter valued at $26,000. Finally, Blueline Advisors LLC acquired a new stake in AT&T during the 4th quarter worth $26,000. 57.10% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently weighed in on the stock. TD Cowen boosted their price target on shares of AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. Scotiabank dropped their price objective on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a report on Wednesday, July 15th. Weiss Ratings cut AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, July 20th. Wolfe Research raised AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price for the company in a report on Thursday, July 23rd. Finally, Morgan Stanley upped their target price on AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.
Key AT&T News
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T completed its $23 billion acquisition of spectrum licenses from EchoStar, adding approximately 50 MHz of low- and mid-band spectrum across nearly every U.S. market. The purchase should improve 5G capacity, speed and coverage, although the financial benefits will take time to materialize. AT&T closes acquisition of spectrum licences from EchoStar
- Positive Sentiment: AT&T’s Internet Air 5G home-internet service reached 2 million subscribers, adding its second million in roughly half the time required to reach the first. More than half of customers also use AT&T wireless, supporting cross-selling and customer retention. AT&T Internet Air Doubles Subscribers
- Positive Sentiment: AT&T expanded its partnership with D-Wave Quantum, using quantum-optimization technology to reduce a network-planning task from about 60 minutes to 15 seconds. The development highlights potential long-term efficiency benefits, though it is not yet a major earnings driver. D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
- Neutral Sentiment: AT&T is raising prices on some legacy wireless plans beginning in August. The changes could lift average revenue per user, but may also increase customer churn or migration pressure.
- Negative Sentiment: The spectrum transaction represents a sizable capital commitment and may intensify investor concerns about cash-flow allocation and leverage. Erste Group made only a marginal change to its forecasts—raising FY2026 EPS to $2.33 while trimming FY2027 EPS to $2.55—offering little evidence of a near-term earnings catalyst.
AT&T Stock Down 3.1%
T stock opened at $23.19 on Friday. The company has a fifty day moving average price of $22.73 and a 200 day moving average price of $25.23. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79. The company has a market cap of $158.89 billion, a price-to-earnings ratio of 7.68, a price-to-earnings-growth ratio of 0.97 and a beta of 0.24. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93.
AT&T (NYSE:T – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The firm had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. During the same quarter in the prior year, the business earned $0.54 EPS. AT&T’s quarterly 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. Sell-side analysts expect that AT&T Inc. will post 2.34 earnings per share for the current year.
AT&T Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, July 10th. AT&T’s dividend payout ratio is presently 36.75%.
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.
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