Wealth Enhancement Advisory Services LLC Has $82.02 Million Position in AT&T Inc. $T

Wealth Enhancement Advisory Services LLC grew its holdings in shares of AT&T Inc. (NYSE:TFree Report) by 7.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,369,867 shares of the technology company’s stock after buying an additional 223,417 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in AT&T were worth $82,015,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the business. Brighton Jones LLC boosted its position in AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Evelyn Partners Investment Management Services Ltd increased its position in shares of AT&T by 149.5% during the 2nd quarter. Evelyn Partners Investment Management Services Ltd now owns 2,822 shares of the technology company’s stock worth $82,000 after purchasing an additional 1,691 shares during the last quarter. AlphaCore Capital LLC raised its stake in shares of AT&T by 74.6% during the 2nd quarter. AlphaCore Capital LLC now owns 78,207 shares of the technology company’s stock worth $2,263,000 after purchasing an additional 33,419 shares in the last quarter. Bahl & Gaynor Inc. raised its stake in shares of AT&T by 12.9% during the 2nd quarter. Bahl & Gaynor Inc. now owns 23,539 shares of the technology company’s stock worth $681,000 after purchasing an additional 2,696 shares in the last quarter. Finally, Private Management Group Inc. boosted its holdings in shares of AT&T by 723.3% in the 2nd quarter. Private Management Group Inc. now owns 110,193 shares of the technology company’s stock valued at $3,189,000 after buying an additional 96,808 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on T. Wells Fargo & Company decreased their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. Barclays lowered their price objective on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. Finally, Williams Trading set a $32.00 target price on shares of AT&T in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.35.

Check Out Our Latest Research Report on AT&T

AT&T News Summary

Here are the key news stories impacting AT&T this week:

AT&T Trading Up 2.1%

T stock opened at $28.33 on Monday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The stock has a market cap of $197.81 billion, a price-to-earnings ratio of 9.29, a price-to-earnings-growth ratio of 1.06 and a beta of 0.39. The company has a fifty day moving average price of $26.67 and a two-hundred day moving average price of $26.24. 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:TGet Free Report) last issued its quarterly earnings data 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. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company’s revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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