Ethos Capital Management Inc. Invests $1.27 Million in AT&T Inc. $T

Ethos Capital Management Inc. purchased a new position in shares of AT&T Inc. (NYSE:T) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 51,259 shares of the technology company’s stock, valued at approximately $1,273,000.

A number of other large investors also recently modified their holdings of T. Front Row Advisors LLC acquired a new position in shares of AT&T during the second quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. lifted its holdings in shares of AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after buying an additional 702 shares during the last quarter. GGM Financials LLC acquired a new position in shares of AT&T during the third quarter worth approximately $25,000. Cloud Capital Management LLC acquired a new position in shares of AT&T during the third quarter worth approximately $31,000. Finally, Holos Integrated Wealth LLC acquired a new position in shares of AT&T during the fourth quarter worth approximately $47,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on T. Royal Bank Of Canada restated an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research report on Thursday, February 12th. Williams Trading set a $32.00 price objective on AT&T in a research report on Thursday, January 29th. Citigroup boosted their price objective on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 price objective 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 eight have issued a Hold rating to the company. According to MarketBeat, AT&T presently has an average rating of “Moderate Buy” and an average target price of $30.74.

AT&T Stock Performance

Shares of NYSE:T opened at $27.97 on Wednesday. The business’s fifty day moving average price is $27.90 and its two-hundred day moving average price is $26.17. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The stock has a market capitalization of $195.35 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 1.06 and a beta of 0.34. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. During the same period in the prior year, the business posted $0.43 earnings per share. The business’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. As a group, analysts predict 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 will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, April 10th. AT&T’s dividend payout ratio is 36.39%.

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.