<div id="readability-page-1"><p>Farther Finance Advisors LLC raised its holdings in  AT&amp;T Inc. (NYSE:T - Free Report) by 13.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 173,557 shares of the technology company's stock after buying an additional 20,714 shares during the quarter. Farther Finance Advisors LLC's holdings in AT&amp;T were worth $5,023,000 as of its most recent SEC filing.</p><ul><li>New Catalysts Build Positive Pressure on Intel Stock</li></ul><p>Other hedge funds have also bought and sold shares of the company. Stone House Investment Management LLC bought a new position in shares of  AT&amp;T during the first quarter valued at approximately $25,000.  O Brien Wealth Partners LLC purchased a new position in shares of  AT&amp;T during the 2nd quarter worth $26,000.  Hager Investment Management Services LLC increased its stake in  AT&amp;T by 182.1% during the first quarter. Hager Investment Management Services LLC now owns 993 shares of the technology company's stock worth $28,000 after purchasing an additional 641 shares during the period.  IMA Advisory Services Inc. acquired a new position in  AT&amp;T in the first quarter valued at approximately $29,000.  Finally, Core Alternative Capital increased its holdings in shares of  AT&amp;T by 125.4% in the first quarter. Core Alternative Capital now owns 1,021 shares of the technology company's stock valued at $29,000 after purchasing an additional 568 shares during the period. 57.10% of the stock is currently owned by institutional investors. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several equities analysts recently weighed in on T shares. Wells Fargo &amp; Company lifted their target price on shares of AT&amp;T from $30.00 to $31.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, July 10th. Sanford C. Bernstein lifted their target price on shares of AT&amp;T from $31.00 to $32.00 and gave the company an &#34;outperform&#34; rating in a research report on Thursday, September 4th. Morgan Stanley upped their price objective on shares of AT&amp;T from $31.00 to $32.00 and gave the company an &#34;overweight&#34; rating in a research report on Wednesday, July 16th. JPMorgan Chase &amp; Co. upped their price objective on shares of AT&amp;T from $31.00 to $33.00 and gave the stock an &#34;overweight&#34; rating in a research report on Thursday, July 24th. Finally, Bank of America began coverage on shares of AT&amp;T in a report on Monday, July 7th. They set a &#34;buy&#34; rating and a $32.00 price objective for the company. One equities research analyst  has rated the stock with a Strong Buy rating, seventeen have assigned  a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $30.74.</p><ul><li>This Stock Quietly Benefits From Oracle and NVIDIA’s AI Surge</li></ul><p><b>Get Our Latest Stock Analysis on T</b></p><h2>AT&amp;T Trading Down 0.5%</h2><p>T opened at $29.04 on Friday. AT&amp;T Inc. has a one year low of $21.05 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 0.81. The business's 50-day simple moving average is $28.45 and its 200-day simple moving average is $27.82. The company has a market cap of $207.65 billion, a P/E ratio of 16.50, a PEG ratio of 3.59 and a beta of 0.44. </p><ul><li>Ride the Luxury Retail Wave with These 3 High-End Brand Stocks</li></ul><p>AT&amp;T (NYSE:T - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The technology company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.01. AT&amp;T had a return on equity of 13.36% and a net margin of 10.29%.The business had revenue of $30.85 billion for the quarter, compared to analyst estimates of $30.44 billion. During the same period last year, the company posted $0.51 EPS. The business's quarterly revenue was up 3.4% on a year-over-year basis.  As a group, equities research analysts expect that  AT&amp;T Inc. will post 2.14 EPS for the current fiscal year. </p><h2>AT&amp;T Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Thursday, July 10th were issued a $0.2775 dividend. The ex-dividend date was Thursday, July 10th. This represents a $1.11 annualized dividend and a yield of 3.8%. AT&amp;T's dividend payout ratio (DPR) is currently 63.07%. </p><h2>About AT&amp;T</h2> (Free Report)<p>AT&amp;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.</p><h2>See Also</h2><ul><li>Five stocks we like better than AT&amp;T</li><li>Growth Stocks: What They Are, What They Are Not</li><li>Caterpillar Stock Hits All-Time High—Is There More Room to Run?</li><li>How to Most Effectively Use the MarketBeat Earnings Screener</li><li>Berkshire-Backed Lennar Slides After Weak Q3 Earnings</li><li>What is a Low P/E Ratio and What Does it Tell Investors?</li><li>Analysts Turn Bullish on Hershey—Is Pepsi the Next Value Play?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AT&amp;T Right Now?</h2><p>Before you consider AT&amp;T, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AT&amp;T wasn't on the list.</p><p>While AT&amp;T currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Farther Finance Advisors LLC increased its stake in AT&T Inc. by 13.6% in Q2, acquiring an additional 20,714 shares, bringing its total to 173,557 shares valued at $5,023,000. Other hedge funds also adjusted their positions in AT&T. Analysts have raised target prices for AT&T shares, with a consensus rating of "Moderate Buy" and a target price of $30.74. AT&T's recent earnings report showed a slight EPS increase and a revenue rise of 3.4% year-over-year. The company declared a quarterly dividend of $0.2775, yielding 3.8%.</p>

Farther Finance Advisors LLC Buys 20,714 Shares of AT&T Inc. $T