One Capital Management LLC Lowers Holdings in AT&T Inc. $T

One Capital Management LLC decreased its position in AT&T Inc. (NYSE:T) by 36.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 56,286 shares of the technology company’s stock after selling 32,087 shares during the period. One Capital Management LLC’s holdings in AT&T were worth $1,398,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. GGM Financials LLC purchased a new stake in shares of AT&T in the third quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC purchased a new stake in shares of AT&T in the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. purchased a new stake in shares of AT&T in the fourth quarter valued at approximately $26,000. Blueline Advisors LLC purchased a new stake in shares of AT&T in the fourth quarter valued at approximately $26,000. Finally, Eagle Bay Advisors LLC purchased a new stake in shares of AT&T in the fourth quarter valued at approximately $29,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

More AT&T News

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

• Negative Sentiment: Oppenheimer downgraded AT&T to “Perform”, citing rising competitive risk from SpaceX’s satellite broadband ambitions and potential pressure from Amazon Leo. Analysts warned that investors may be underestimating the threat to AT&T’s fiber and internet growth outlook. Article Title
• Negative Sentiment: Investors are also focused on AT&T’s fiber spending and whether heavy investment will weigh on free cash flow and dividend coverage in the near term, which is adding to caution around the stock. Article Title
• Neutral Sentiment: AT&T announced a simplified home fiber pricing structure, aiming to make its internet plans easier to understand and potentially more attractive to bundled wireless customers. The move could help sales, but it also highlights continued competition on pricing. Article Title
• Neutral Sentiment: AT&T also announced a new Disney/Pixar “Toy Story 5” campaign and an expanded connected-car collaboration with LiveOne and Cisco. These developments support brand and ecosystem expansion, but they are not likely the main drivers of the stock today. Article Title Article Title

AT&T Stock Down 4.4%

AT&T stock opened at $23.55 on Thursday. The business has a fifty day moving average of $26.14 and a two-hundred day moving average of $25.99. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The firm has a market cap of $163.65 billion, a P/E ratio of 7.90, a P/E/G ratio of 0.90 and a beta of 0.21. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79.

AT&T (NYSE:T) last posted its earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share 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 during the quarter, compared to analyst estimates of $31.29 billion. During the same quarter in the prior year, the business earned $0.51 earnings per share. AT&T’s revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts forecast that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed 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. This represents a $1.11 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, April 10th. AT&T’s dividend payout ratio is currently 37.25%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on T. KeyCorp boosted their price target on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a report on Wednesday, March 25th. Scotiabank lowered their target price on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, April 23rd. Royal Bank Of Canada restated an “outperform” rating and set a $31.00 target price on shares of AT&T in a report on Wednesday, May 20th. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday. Finally, Weiss Ratings lowered AT&T from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.