AT&T Inc. $T Stock Position Increased by World Investment Advisors

World Investment Advisors lifted its position in AT&T Inc. (NYSE:T) by 85.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 338,942 shares of the technology company’s stock after buying an additional 155,728 shares during the period. World Investment Advisors’ holdings in AT&T were worth $8,419,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Mountain Hill Investment Partners Corp. raised its stake in shares of AT&T by 363.7% in the 3rd 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 in the last quarter. GGM Financials LLC bought a new stake in shares of AT&T in the 3rd quarter worth $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T in the 4th quarter worth $25,000. Cresta Advisors Ltd. bought a new stake in shares of AT&T in the 4th quarter worth $26,000. Finally, Cloud Capital Management LLC bought a new stake in shares of AT&T in the 3rd quarter worth $31,000. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Down 1.3%

Shares of AT&T stock opened at $25.24 on Friday. The stock’s fifty day moving average is $27.36 and its 200-day moving average is $26.04. The firm has a market capitalization of $175.38 billion, a PE ratio of 8.47, a price-to-earnings-growth ratio of 0.94 and a beta of 0.23. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79.

AT&T (NYSE:T) last announced its earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same period in the previous year, the firm earned $0.51 earnings per share. AT&T’s revenue for the quarter was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were issued a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. AT&T’s payout ratio is currently 37.25%.

Wall Street Analyst Weigh In

T has been the topic of a number of recent analyst reports. BNP Paribas Exane cut their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Wells Fargo & Company cut their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. UBS Group reaffirmed a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 target price on shares of AT&T in a research report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

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.