Fort Washington Investment Advisors Inc. OH Increases Stake in AT&T Inc. $T

Fort Washington Investment Advisors Inc. OH grew its stake in shares of AT&T Inc. (NYSE:TFree Report) by 2.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 2,332,110 shares of the technology company’s stock after buying an additional 45,937 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in AT&T were worth $57,930,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Front Row Advisors LLC bought a new stake in AT&T during the 2nd quarter valued at $25,000. Mountain Hill Investment Partners Corp. boosted its position in AT&T by 363.7% during the 3rd 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 during the period. GGM Financials LLC bought a new stake in AT&T in the 3rd quarter worth $25,000. Cloud Capital Management LLC purchased a new position in shares of AT&T in the third quarter valued at about $31,000. Finally, Kilter Group LLC purchased a new position in shares of AT&T in the second quarter valued at about $32,000. Institutional investors own 57.10% of the company’s stock.

AT&T Trading Up 0.3%

Shares of T opened at $28.91 on Friday. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The firm’s 50-day moving average price is $27.09 and its 200-day moving average price is $26.26. The firm has a market capitalization of $201.89 billion, a price-to-earnings ratio of 9.48, a PEG ratio of 1.08 and a beta of 0.39.

AT&T (NYSE:TGet Free Report) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company 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. AT&T’s revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently weighed in on T shares. Citigroup increased their target price on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday. Wells Fargo & Company reduced their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. The Goldman Sachs Group lowered their price target on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Oppenheimer lifted their price objective on AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Finally, Sanford C. Bernstein reduced their target price on 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 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. Based on data from MarketBeat, AT&T presently has an average rating of “Moderate Buy” and a consensus target price of $30.72.

View Our Latest Analysis on T

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About AT&T

(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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