D.A. Davidson & CO. Acquires 44,968 Shares of AT&T Inc. $T

D.A. Davidson & CO. lifted its holdings in shares of AT&T Inc. (NYSE:T - Free Report) by 11.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 445,139 shares of the technology company's stock after purchasing an additional 44,968 shares during the period. D.A. Davidson & CO.'s holdings in AT&T were worth $11,057,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in T. Brighton Jones LLC grew its holdings in shares of AT&T by 26.5% during the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company's stock valued at $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. grew its holdings in shares of AT&T by 4,352.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company's stock valued at $180,000 after purchasing an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC boosted its position in AT&T by 4.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company's stock valued at $775,000 after buying an additional 1,022 shares during the period. HUB Investment Partners LLC boosted its position in AT&T by 19.6% during the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company's stock valued at $1,613,000 after buying an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its position in AT&T by 1.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company's stock valued at $5,992,000 after buying an additional 3,677 shares during the period. Institutional investors own 57.10% of the company's stock.

Key Headlines Impacting AT&T

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: Quarterly results topped expectations and the Lumen integration is running ahead of schedule, supporting near-term operational momentum. AT&T Delivered A Double Beat, And The Lumen Integration Is Ahead Of Schedule
• Positive Sentiment: High dividend yield (about 4.2%) keeps income investors interested; AT&T was listed among top Fortune 500 dividend stocks even as Scotiabank trimmed its price target slightly. AT&T (T) – Among the 10 Best Fortune 500 Dividend Stocks to Invest in Right Now
• Positive Sentiment: Management is rolling out offers and a OneConnect bundle intended to slow customer losses — if successful, this would stabilize wireless revenue and reduce churn. AT&T bets on OneConnect bundle to curb rising churn
• Positive Sentiment: Coverage pieces note management’s push to restore loyalty with new offers and strategy changes that could slow subscriber losses if execution holds. AT&T CEO hopes new offers will restore customer loyalty
• Neutral Sentiment: Former AT&T VP Jen Asplund joined MCE Systems’ advisory board, potentially deepening vendor relationships but unlikely to move AT&T’s stock materially. Ex-AT&T Veteran Jen Asplund Joins MCE Systems’ Advisory Board to Advance Customer Care Growth in North America
• Negative Sentiment: Free cash flow declined significantly last quarter as AT&T ramps fiber investment — this raises questions about dividend sustainability and near-term cash returns to shareholders. AT&T's Free Cash Flow Declined Significantly Last Quarter. Is Its Dividend Still Safe?
• Negative Sentiment: Reports of a very large multi-decade network spending commitment (reported as $250B) alarm investors because heavy capex can depress free cash flow and pressure the dividend if returns are slow to materialize. AT&T commits $250B to expand U.S. network and curb churn

AT&T Trading Down 2.5%

NYSE:T opened at $25.54 on Tuesday. The company has a 50-day moving average price of $27.65 and a 200-day moving average price of $26.04. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The stock has a market cap of $178.37 billion, a price-to-earnings ratio of 8.57, a P/E/G ratio of 0.98 and a beta of 0.34.

AT&T (NYSE:T - Get Free Report) last posted its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The firm had revenue of $31.51 billion during the quarter, compared to analysts' expectations of $31.29 billion. During the same period last year, the company posted $0.51 EPS. The company's quarterly revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts predict that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, April 10th. AT&T's dividend payout ratio (DPR) is currently 37.25%.

Analyst Ratings Changes

T has been the subject of several analyst reports. Barclays dropped their price target on shares of AT&T from $28.00 to $26.00 and set an "equal weight" rating for the company in a research report on Tuesday, January 13th. Sanford C. Bernstein dropped their price target on shares of AT&T from $31.00 to $30.00 and set an "outperform" rating for the company in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $33.00 price target on shares of AT&T in a research report on Thursday, January 29th. UBS Group reissued a "buy" rating on shares of AT&T in a research report on Thursday, January 29th. Finally, TD Cowen reissued a "hold" rating on shares of AT&T in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $30.70.

AT&T 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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