Stock Traders Buy Large Volume of AT&T Call Options (NYSE:T)

Key Points

• AT&T call-option activity surged: Investors purchased 112,672 call options, about 63% above the stock’s average daily call volume, signaling heightened interest in potential upside.
• AT&T shares rose $0.40 to $24.86, while the company reported quarterly EPS of $0.65, exceeding estimates by $0.06. Revenue increased 2.3% year over year to $31.56 billion, though it fell slightly short of expectations.
• Analyst sentiment remains moderately bullish: AT&T has a consensus “Moderate Buy” rating and an average price target of $29.16. The company also declared a quarterly dividend of $0.2775 per share, representing a 4.5% annualized yield.

AT&T Inc. (NYSE:T - Get Free Report) was the target of unusually large options trading activity on Thursday. Investors bought 112,672 call options on the stock. This is an increase of approximately 63% compared to the average daily volume of 69,160 call options.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Fairway Wealth LLC acquired a new position in shares of AT&T in the first quarter worth approximately $29,000. Robinswood Financial LLC acquired a new position in shares of AT&T in the 1st quarter worth approximately $29,000. Winnow Wealth LLC boosted its stake in shares of AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company's stock valued at $26,000 after purchasing an additional 820 shares during the last quarter. Orion Capital Management LLC acquired a new stake in shares of AT&T during the second quarter worth $26,000. Finally, Addison Advisors LLC bought a new position in AT&T during the second quarter worth $27,000. 57.10% of the stock is owned by institutional investors.

AT&T Price Performance

T stock traded up $0.40 during trading on Thursday, reaching $24.86. 24,178,797 shares of the company were exchanged, compared to its average volume of 47,823,996. The company has a market capitalization of $170.38 billion, a price-to-earnings ratio of 8.23, a P/E/G ratio of 1.22 and a beta of 0.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The company has a 50-day moving average of $25.01 and a two-hundred day moving average of $24.68. AT&T has a twelve month low of $19.89 and a twelve month high of $29.43.

AT&T (NYSE:T - Get Free Report) last announced 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. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. During the same period in the prior year, the business earned $0.54 earnings per share. The company's revenue for the quarter was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts predict that AT&T will post 2.33 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, October 9th. AT&T's payout ratio is 36.75%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on T. Wall Street Zen upgraded AT&T from a "sell" rating to a "hold" rating in a research note on Saturday, June 20th. Royal Bank Of Canada lowered their price target on shares of AT&T from $31.00 to $27.00 and set an "outperform" rating on the stock in a research report on Monday, July 20th. Wells Fargo & Company lifted their price target on shares of AT&T from $18.00 to $20.00 and gave the company an "underweight" rating in a research report on Thursday, July 23rd. BNP Paribas Exane raised AT&T from a "neutral" rating to an "outperform" rating and increased their price target for the stock from $26.00 to $30.00 in a research report on Monday, September 21st. Finally, The Goldman Sachs Group set a $30.00 price objective on AT&T in a report on Wednesday, July 22nd. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, AT&T currently has a consensus rating of "Moderate Buy" and a consensus target price of $29.16.

AT&T Company Profile

AT&T Inc NYSE: T is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T's business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.

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