AT&T (NYSE:T) Stock Price Up 1.6% – Still a Buy?

AT&T Inc. (NYSE:T) rose 1.6% during trading on Monday . The stock traded as high as $25.77 and last traded at $25.7040. 26,240,537 shares were traded during trading, a decline of 48% from the average daily volume of 50,334,902 shares. The stock had previously closed at $25.29.

Analyst Upgrades and Downgrades

T has been the topic of several analyst reports. Wolfe Research raised shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a research report on Thursday, July 23rd. Wells Fargo & Company lifted their price target on AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday, July 23rd. Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Argus decreased their price objective on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Finally, Scotiabank lowered their target price on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $29.19.

AT&T Price Performance

The company has a market capitalization of $176.13 billion, a PE ratio of 8.51, a P/E/G ratio of 1.03 and a beta of 0.23. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. The stock has a 50 day moving average price of $22.83 and a two-hundred day moving average price of $25.27.

AT&T (NYSE:T) last released its quarterly 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. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. During the same quarter last year, the firm earned $0.54 EPS. AT&T’s revenue for the quarter was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts forecast that AT&T Inc. will post 2.34 earnings per share for the current year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Friday, July 10th. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

Institutional Trading of AT&T

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T in the 4th quarter worth about $25,000. Safe Harbor Fiduciary LLC bought a new stake in AT&T in the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. acquired a new stake in AT&T during the 4th quarter worth $26,000. Blueline Advisors LLC bought a new position in shares of AT&T during the 4th quarter valued at about $26,000. Finally, Winnow Wealth LLC boosted its holdings in shares of 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 period. Institutional investors own 57.10% of the company’s stock.

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.