Arvest Bank Trust Division Takes Position in AT&T Inc. $T

Arvest Bank Trust Division acquired a new stake in AT&T Inc. (NYSE:T) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 33,510 shares of the technology company’s stock, valued at approximately $946,000.

A number of other large investors have also added to or reduced their stakes in the business. Front Row Advisors LLC acquired a new position in AT&T in the 2nd quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. grew its stake in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after purchasing an additional 702 shares during the last quarter. Solstein Capital LLC increased its holdings in AT&T by 217.3% in the second quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock valued at $28,000 after purchasing an additional 652 shares during the period. Curio Wealth LLC increased its holdings in AT&T by 26,100.0% in the second quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock valued at $30,000 after purchasing an additional 1,044 shares during the period. Finally, Cloud Capital Management LLC bought a new position in AT&T during the 3rd quarter worth $31,000. Institutional investors own 57.10% of the company’s stock.

Analysts Set New Price Targets

T has been the topic of a number of analyst reports. TD Cowen reiterated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Arete Research set a $20.00 target price on AT&T in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 price target on shares of AT&T in a report on Thursday, January 29th. KeyCorp restated an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. Finally, Sanford C. Bernstein reduced their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. One equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $29.93.

AT&T Price Performance

Shares of NYSE:T opened at $28.70 on Tuesday. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The stock’s 50 day moving average is $24.95 and its 200-day moving average is $26.34. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $200.88 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 1.06 and a beta of 0.39.

AT&T (NYSE:T) last posted its quarterly 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 net margin of 17.47% and a return on equity of 12.33%. The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same quarter last year, the firm posted $0.43 EPS. AT&T’s 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. Sell-side analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were paid a dividend of $0.2775 per share. The ex-dividend date was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a yield of 3.9%. AT&T’s payout ratio is 36.39%.

About AT&T

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.