Atria Investments Inc Cuts Holdings in AT&T Inc. $T

Atria Investments Inc lowered its position in AT&T Inc. (NYSE:T) by 10.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 476,753 shares of the technology company’s stock after selling 52,928 shares during the period. Atria Investments Inc’s holdings in AT&T were worth $13,464,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Front Row Advisors LLC purchased a new position in AT&T during the second quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. increased its position 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 buying an additional 702 shares in the last quarter. Solstein Capital LLC raised its stake in shares of AT&T by 217.3% during the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock worth $28,000 after buying an additional 652 shares during the period. Curio Wealth LLC lifted its position in shares of AT&T by 26,100.0% during the 2nd quarter. Curio Wealth LLC now owns 1,048 shares of the technology company’s stock valued at $30,000 after buying an additional 1,044 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in shares of AT&T during the 2nd quarter valued at approximately $32,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Stock Up 1.2%

T stock opened at $28.82 on Friday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The firm has a market cap of $201.72 billion, a PE ratio of 9.45, a PEG ratio of 1.06 and a beta of 0.39. The firm’s 50 day moving average price is $24.81 and its 200-day moving average price is $26.34. 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 issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. During the same period in the prior year, the business posted $0.43 earnings per share. The firm’s revenue for the quarter 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, equities research analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $33.00 price target on shares of AT&T in a report on Thursday, January 29th. The Goldman Sachs Group dropped their target price on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research report on Friday, December 19th. Wall Street Zen downgraded shares of AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Loop Capital set a $29.00 price target on shares of AT&T in a research note on Friday, December 19th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AT&T has a consensus rating of “Moderate Buy” and a consensus target price of $29.93.

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.