Fort Washington Investment Advisors Inc. OH increased its position in shares of AT&T Inc. (NYSE:T – Free Report) by 2.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,517,443 shares of the technology company’s stock after buying an additional 59,723 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in AT&T were worth $61,426,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the business. B.A. Schrock Wealth Management Inc. purchased a new position in shares of AT&T during the 3rd quarter worth $1,583,000. Howard Financial Services LTD. grew its stake in shares of AT&T by 9.2% in the third quarter. Howard Financial Services LTD. now owns 20,090 shares of the technology company’s stock worth $490,000 after acquiring an additional 1,687 shares in the last quarter. ZWJ Investment Counsel Inc. grew its stake in AT&T by 1.7% during the 3rd quarter. ZWJ Investment Counsel Inc. now owns 1,143,291 shares of the technology company’s stock worth $27,896,000 after purchasing an additional 19,505 shares in the last quarter. West Wealth Group LLC raised its position in AT&T by 4.7% in the 3rd quarter. West Wealth Group LLC now owns 11,982 shares of the technology company’s stock valued at $292,000 after purchasing an additional 538 shares in the last quarter. Finally, First Pacific Financial boosted its stake in shares of AT&T by 440.0% in the 3rd quarter. First Pacific Financial now owns 5,848 shares of the technology company’s stock valued at $143,000 after buying an additional 4,765 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.
AT&T Stock Performance
Shares of T stock opened at $23.07 on Thursday. The stock’s 50-day moving average is $24.99 and its two-hundred day moving average is $24.49. The firm has a market cap of $158.06 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 1.14 and a beta of 0.25. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.43. 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 Announces Dividend
The company 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 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio is presently 36.75%.
Trending Headlines about AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Mexico exit sharpens capital allocation: AT&T will sell AT&T Mexico to a 50/50 consortium of Grupo Televisa and Fintech Holdings for approximately $2 billion in cash, plus potential contractual and contingent payments. The deal, expected to close in the first quarter of 2027 pending regulatory approval, should provide cash and reduce exposure to a lower-priority international market. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
- Positive Sentiment: Investors are emphasizing growth and network investment: AT&T’s messaging has increasingly shifted from debt reduction toward expanding U.S. fiber and 5G, potentially supporting long-term subscriber growth and cash flow. The stock also trades at a low earnings multiple relative to the broader market, which may attract value and income investors. Why You Should Think About AT&T Differently Now?
- Positive Sentiment: Potential earnings upside: Analysts and Zacks expect AT&T to have favorable conditions for an earnings beat in its upcoming report. The consensus forecast is about $2.33 in full-year 2026 EPS, with one analyst recently raising its estimate to $2.34. AT&T Earnings Expected to Grow
- Neutral Sentiment: Settlement approved: A court approved a $177 million settlement related to two 2024 data breaches. The payment resolves litigation uncertainty but represents a corporate cost. AT&T Settlement Payout
- Negative Sentiment: Competitive concerns remain: Bernstein downgraded AT&T and lowered telecom price targets, citing the potential impact of SpaceX’s expanding wireless ambitions on traditional carriers.
Wall Street Analysts Forecast Growth
T has been the topic of a number of recent research reports. TD Cowen upped their target price on shares of AT&T from $32.00 to $33.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Argus decreased their price target on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday, July 23rd. The Goldman Sachs Group set a $30.00 target price on AT&T in a research note on Wednesday, July 22nd. Wolfe Research raised AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price target for the company in a report on Thursday, July 23rd. Finally, Barclays dropped their price target on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Eleven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $29.05.
Check Out Our Latest Analysis on AT&T
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.
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