AT&T (T) – Analysts’ Recent Ratings Updates

A number of research firms have changed their ratings and price targets for AT&T (NYSE: T):

• 2/4/2025 – AT&T had its price target raised by analysts at Tigress Financial from $30.00 to $32.00. They now have a “buy” rating on the stock.
• 1/29/2025 – AT&T was upgraded by analysts at DZ Bank AG from a “hold” rating to a “buy” rating. They now have a $27.00 price target on the stock.
• 1/28/2025 – AT&T had its price target raised by analysts at Scotiabank from $24.00 to $26.00. They now have a “sector outperform” rating on the stock.
• 1/28/2025 – AT&T had its price target raised by analysts at Royal Bank of Canada from $26.00 to $27.00. They now have an “outperform” rating on the stock.
• 1/28/2025 – AT&T had its price target raised by analysts at Sanford C. Bernstein from $28.00 to $29.00. They now have an “outperform” rating on the stock.
• 1/16/2025 – AT&T was upgraded by analysts at Argus from a “hold” rating to a “buy” rating. They now have a $27.00 price target on the stock.
• 1/6/2025 – AT&T was upgraded by analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating. They now have a $26.00 price target on the stock, up previously from $22.00.
• 12/19/2024 – AT&T had its price target raised by analysts at UBS Group AG from $25.00 to $30.00. They now have a “buy” rating on the stock.
• 12/16/2024 – AT&T was upgraded by analysts at Morgan Stanley from an “equal weight” rating to an “overweight” rating. They now have a $28.00 price target on the stock, up previously from $19.00.
• 12/10/2024 – AT&T is now covered by analysts at Sanford C. Bernstein. They set an “outperform” rating and a $28.00 price target on the stock.
• 12/10/2024 – AT&T is now covered by analysts at Oppenheimer Holdings Inc.. They set an “outperform” rating and a $28.00 price target on the stock.
• 12/9/2024 – AT&T was upgraded by analysts at Sanford C. Bernstein to a “strong-buy” rating.

AT&T Trading Up 0.2 %

Shares of T traded up $0.06 during midday trading on Tuesday, hitting $24.31. 17,224,869 shares of the stock were exchanged, compared to its average volume of 39,336,516. The firm has a market cap of $174.40 billion, a P/E ratio of 16.31, a P/E/G ratio of 2.71 and a beta of 0.59. The stock has a fifty day simple moving average of $22.94 and a 200 day simple moving average of $21.70. AT&T Inc. has a 52-week low of $15.94 and a 52-week high of $24.98. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.62 and a current ratio of 0.66.

AT&T (NYSE:T) last announced its quarterly earnings data on Monday, January 27th. The technology company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.06. AT&T had a return on equity of 13.97% and a net margin of 8.95%. On average, research analysts anticipate that AT&T Inc. will post 2.15 EPS for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 3rd. Stockholders of record on Friday, January 10th were issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.57%. The ex-dividend date of this dividend was Friday, January 10th. AT&T’s payout ratio is currently 74.50%.

Hedge Funds Weigh In On AT&T

Several hedge funds and other institutional investors have recently bought and sold shares of T. Legacy Investment Solutions LLC acquired a new position in shares of AT&T in the 3rd quarter valued at approximately $25,000. Marshall Investment Management LLC bought a new stake in AT&T during the fourth quarter valued at $28,000. Ritter Daniher Financial Advisory LLC DE raised its holdings in shares of AT&T by 169.2% during the third quarter. Ritter Daniher Financial Advisory LLC DE now owns 1,338 shares of the technology company’s stock worth $29,000 after purchasing an additional 841 shares during the period. YANKCOM Partnership bought a new position in shares of AT&T in the 4th quarter worth about $30,000. Finally, Tradewinds Capital Management LLC lifted its position in shares of AT&T by 48.6% in the 4th quarter. Tradewinds Capital Management LLC now owns 1,314 shares of the technology company’s stock worth $30,000 after buying an additional 430 shares during the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.