36,821 Shares in AT&T Inc. $T Purchased by Apeiron RIA LLC

Apeiron RIA LLC acquired a new position in shares of AT&T Inc. (NYSE:T) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 36,821 shares of the technology company’s stock, valued at approximately $895,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fairway Wealth LLC bought a new position in shares of AT&T in the 1st quarter worth about $29,000. Robinswood Financial LLC acquired a new position in AT&T in the first quarter valued at approximately $29,000. Winnow Wealth LLC boosted its holdings in shares of AT&T by 362.8% during the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after buying an additional 820 shares in the last quarter. Orion Capital Management LLC acquired a new stake in shares of AT&T during the 2nd quarter worth approximately $26,000. Finally, Addison Advisors LLC bought a new stake in shares of AT&T in the 2nd quarter valued at $27,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on T shares. Sanford C. Bernstein restated an “outperform” rating and issued a $25.00 price target on shares of AT&T in a report on Monday, July 13th. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. TD Cowen boosted their price objective on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. The Goldman Sachs Group set a $30.00 target price on AT&T in a research report on Wednesday, July 22nd. Finally, KeyCorp reiterated an “overweight” rating and issued a $36.00 target price on shares of AT&T in a report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T presently has an average rating of “Moderate Buy” and an average price target of $29.16.

AT&T Stock Up 1.5%

Shares of NYSE T traded up $0.35 during trading on Thursday, hitting $24.82. The stock had a trading volume of 12,122,587 shares, compared to its average volume of 47,769,777. The firm has a fifty day moving average of $25.01 and a two-hundred day moving average of $24.68. The company has a market capitalization of $170.11 billion, a PE ratio of 8.20, a PEG ratio of 1.22 and a beta of 0.25. 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 Inc. has a 12 month low of $19.89 and a 12 month high of $29.43.

AT&T (NYSE:T) last released its quarterly 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 company had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same period last year, the firm earned $0.54 earnings per share. The firm’s 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. As a group, equities research analysts forecast that AT&T Inc. will post 2.33 EPS for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be given a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.11 annualized dividend and a dividend yield of 4.5%. AT&T’s dividend payout ratio (DPR) is currently 36.75%.

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.