AT&T Inc. $T Shares Sold by Jeppson Wealth Management LLC

Jeppson Wealth Management LLC lowered its stake in AT&T Inc. (NYSE:T) by 13.5% during the third quarter, Holdings Channel reports. The firm owned 167,671 shares of the technology company’s stock after selling 26,124 shares during the period. AT&T makes up approximately 1.1% of Jeppson Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Jeppson Wealth Management LLC’s holdings in AT&T were worth $4,091,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Fairway Wealth LLC bought a new position in AT&T in the 1st quarter valued at about $29,000. Robinswood Financial LLC bought a new stake in shares of AT&T during the 1st quarter worth approximately $29,000. Orion Capital Management LLC acquired a new stake in shares of AT&T during the 2nd quarter worth approximately $26,000. Addison Advisors LLC acquired a new stake in shares of AT&T during the 2nd quarter worth approximately $27,000. Finally, North Point Portfolio Managers Corp OH bought a new position in AT&T in the third quarter valued at approximately $34,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on T. Argus lowered their price objective on shares of AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Barclays reduced their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Royal Bank Of Canada decreased their price target on AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Finally, Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective for the company in a research report on Thursday, July 23rd. Eleven equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $29.05.

AT&T Price Performance

T stock opened at $23.23 on Tuesday. The company has a 50 day simple moving average of $24.96 and a 200 day simple moving average of $24.37. The stock has a market cap of $159.20 billion, a price-to-earnings ratio of 7.69, a P/E/G ratio of 1.14 and a beta of 0.25. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.43. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93.

AT&T (NYSE:T) last issued its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The firm had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same quarter last year, the business posted $0.54 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts anticipate that AT&T Inc. will post 2.33 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Friday, October 9th. AT&T’s dividend payout ratio is presently 36.75%.

AT&T News Summary

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

• Positive Sentiment: Wall Street analysts maintain an average price target of approximately $29.05, implying considerable upside from recent levels and signaling that the stock’s valuation and dividend remain attractive to some brokers. AT&T Inc. Stock Has Average Target Price of $29.05 According to Brokerages
• Positive Sentiment: AT&T expanded its customer service guarantee, including a commitment to provide technical support within five minutes or less. The initiative could improve customer satisfaction and retention as the company competes with Verizon and T-Mobile. AT&T expands promises to customers as it trails rivals
• Positive Sentiment: AT&T, the NBA and WNBA launched a fourth-generation High-Speed Arena Network under a multiyear partnership extension. The project reinforces AT&T’s connectivity brand and could support enterprise and venue-networking relationships. AT&T, NBA and WNBA Launch Next-Generation Network
• Neutral Sentiment: Analysts expect third-quarter earnings per share of about $0.60 and revenue of approximately $31.65 billion. Options markets are pricing in an unusually large post-earnings move, highlighting elevated event risk in either direction. Why Is the Options Market Expecting a Major Post-Earnings Reaction?
• Neutral Sentiment: AT&T’s planned $2 billion sale of its Mexico wireless business may simplify operations and provide capital, but investors will watch how proceeds are allocated and whether the transaction affects growth. AT&T Gears Up for Q3 Earnings
• Negative Sentiment: SpaceX’s reported $8 billion spectrum deal has intensified concerns about future competition in wireless services. The development contributed to weakness across major telecom stocks as investors reassessed competitive risks. SpaceX’s Spectrum Deal Hits Telecom Stocks

AT&T Company Profile

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.