AT&T Inc. $T Shares Acquired by Signature Estate & Investment Advisors LLC

Signature Estate & Investment Advisors LLC increased its stake in AT&T Inc. (NYSE:T) by 58.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,550 shares of the technology company’s stock after acquiring an additional 23,506 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in AT&T were worth $1,795,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of T. Front Row Advisors LLC purchased a new stake in AT&T during the second quarter worth $25,000. Mountain Hill Investment Partners Corp. lifted its holdings 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 valued at $25,000 after purchasing an additional 702 shares in the last quarter. Solstein Capital LLC grew its position in shares of 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 last quarter. Curio Wealth LLC raised its holdings in shares of AT&T by 26,100.0% in the second quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock worth $30,000 after acquiring an additional 1,044 shares during the last quarter. Finally, Cloud Capital Management LLC purchased a new stake in shares of AT&T in the third quarter valued at $31,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on T shares. The Goldman Sachs Group lowered their price target on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a report on Friday, December 19th. Wall Street Zen downgraded AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Barclays reduced their target price on AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. Citigroup decreased their target price on shares of AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. Finally, Wells Fargo & Company dropped their price target on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.83.

AT&T Stock Performance

Shares of NYSE:T opened at $27.14 on Monday. The company has a market cap of $192.41 billion, a P/E ratio of 8.90, a PEG ratio of 1.01 and a beta of 0.39. The business’s 50-day simple moving average is $24.61 and its 200 day simple moving average is $26.32. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

AT&T (NYSE:T) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share 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 period in the prior year, the firm earned $0.43 earnings per share. The business’s quarterly 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. On average, sell-side analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio is 36.39%.

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.