New Age Alpha Advisors LLC Grows Stock Holdings in AT&T Inc. $T

New Age Alpha Advisors LLC grew its stake in AT&T Inc. (NYSE:TFree Report) by 218.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 388,115 shares of the technology company’s stock after acquiring an additional 266,184 shares during the period. New Age Alpha Advisors LLC’s holdings in AT&T were worth $10,960,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. APG Asset Management N.V. boosted its holdings in shares of AT&T by 0.5% in the third quarter. APG Asset Management N.V. now owns 6,791,980 shares of the technology company’s stock valued at $191,806,000 after purchasing an additional 35,608 shares during the period. Aprio Wealth Management LLC raised its position in AT&T by 21.4% during the 3rd quarter. Aprio Wealth Management LLC now owns 46,310 shares of the technology company’s stock valued at $1,308,000 after purchasing an additional 8,157 shares in the last quarter. 49 Wealth Management LLC lifted its holdings in shares of AT&T by 6.9% in the 3rd quarter. 49 Wealth Management LLC now owns 28,606 shares of the technology company’s stock worth $808,000 after buying an additional 1,838 shares during the period. Aviso Financial Inc. lifted its holdings in shares of AT&T by 1.0% in the 3rd quarter. Aviso Financial Inc. now owns 53,520 shares of the technology company’s stock worth $1,511,000 after buying an additional 510 shares during the period. Finally, American Century Companies Inc. grew its position in shares of AT&T by 7.9% during the 3rd quarter. American Century Companies Inc. now owns 10,296,238 shares of the technology company’s stock worth $290,766,000 after buying an additional 758,200 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

Analyst Ratings Changes

T has been the subject of several recent research reports. Sanford C. Bernstein decreased their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Scotiabank reissued a “sector perform” rating and set a $29.50 target price on shares of AT&T in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Barclays dropped their price objective on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Finally, The Goldman Sachs Group reduced their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.93.

Read Our Latest Research Report on T

AT&T Stock Up 1.8%

AT&T stock opened at $27.97 on Friday. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79. The business has a fifty day moving average price of $25.63 and a 200-day moving average price of $26.36. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The stock has a market capitalization of $195.79 billion, a price-to-earnings ratio of 9.17, a PEG ratio of 1.04 and a beta of 0.39.

AT&T (NYSE:TGet Free Report) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same period in the prior year, the company posted $0.43 EPS. The firm’s quarterly revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

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About AT&T

(Free Report)

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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Institutional Ownership by Quarter for AT&T (NYSE:T)

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