111 Capital Takes $1.73 Million Position in AT&T Inc. $T

111 Capital bought a new position in shares of AT&T Inc. (NYSE:T - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 83,558 shares of the technology company's stock, valued at approximately $1,730,000.

Several other large investors also recently modified their holdings of T. Tsfg LLC lifted its holdings in AT&T by 3.6% in the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company's stock worth $265,000 after buying an additional 366 shares during the period. Lifestyle Asset Management Inc. raised its position in shares of AT&T by 3.6% in the 4th quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company's stock worth $261,000 after acquiring an additional 368 shares in the last quarter. Hillsdale Investment Management Inc. lifted its stake in shares of AT&T by 1.2% in the 4th quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company's stock valued at $794,000 after purchasing an additional 370 shares during the period. Bruce G. Allen Investments LLC boosted its position in shares of AT&T by 1.7% during the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company's stock valued at $556,000 after purchasing an additional 374 shares in the last quarter. Finally, Rockline Wealth Management LLC grew its stake in AT&T by 3.8% in the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company's stock worth $259,000 after purchasing an additional 378 shares during the period. 57.10% of the stock is owned by institutional investors.

Analyst Ratings Changes

T has been the subject of a number of research reports. Wolfe Research upgraded AT&T from a "peer perform" rating to an "outperform" rating and set a $29.00 price objective for the company in a report on Thursday, July 23rd. The Goldman Sachs Group set a $30.00 target price on shares of AT&T in a report on Wednesday, July 22nd. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $25.00 target price on shares of AT&T in a research report on Monday, July 13th. Argus decreased their price target on shares of AT&T from $33.00 to $30.00 and set a "buy" rating for the company in a research note on Thursday, July 23rd. Finally, Weiss Ratings raised shares of AT&T from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, AT&T presently has an average rating of "Moderate Buy" and an average target price of $29.19.

AT&T Trading Up 1.1%

NYSE T opened at $25.17 on Thursday. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The stock's fifty day moving average price is $22.75 and its 200-day moving average price is $25.28. The stock has a market cap of $172.45 billion, a P/E ratio of 8.33, a P/E/G ratio of 1.01 and a beta of 0.23.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The firm had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.AT&T's quarterly revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts forecast that AT&T Inc. will post 2.34 EPS for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were given a $0.2775 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 annualized dividend and a yield of 4.4%. AT&T's dividend payout ratio is 36.75%.

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.

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