Silvant Capital Management LLC Makes New Investment in AT&T Inc. $T

Silvant Capital Management LLC purchased a new position in shares of AT&T Inc. (NYSE:T) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 21,849 shares of the technology company’s stock, valued at approximately $452,000.

Several other institutional investors have also modified their holdings of T. Rachor Investment Advisory Services LLC bought a new stake in AT&T during the 4th quarter worth approximately $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T in the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. acquired a new position in shares of AT&T in the fourth quarter valued at approximately $26,000. Blueline Advisors LLC acquired a new position in shares of AT&T in the fourth quarter valued at approximately $26,000. Finally, Winnow Wealth LLC increased its position in shares of AT&T by 362.8% during the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after acquiring an additional 820 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

AT&T Price Performance

NYSE T opened at $25.70 on Tuesday. The firm’s 50 day moving average is $22.88 and its 200-day moving average is $25.26. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $176.13 billion, a PE ratio of 8.51, a price-to-earnings-growth ratio of 1.03 and a beta of 0.23. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. The company had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.AT&T’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts anticipate that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the stock. The Goldman Sachs Group set a $30.00 price objective on shares of AT&T in a report on Wednesday, July 22nd. Oppenheimer cut AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Sanford C. Bernstein reissued an “outperform” rating and issued a $25.00 price target on shares of AT&T in a research note on Monday, July 13th. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Finally, Royal Bank Of Canada reduced their price objective on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and an average target price of $29.19.

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.