Parkway Wealth Management Group LLC grew its stake in shares of AT&T Inc. (NYSE:T – Free Report) by 40.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 178,332 shares of the technology company’s stock after purchasing an additional 51,562 shares during the period. Parkway Wealth Management Group LLC’s holdings in AT&T were worth $4,786,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors also recently modified their holdings of T. Annex Advisory Services LLC boosted its position in shares of AT&T by 749.1% during the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock valued at $3,964,000 after buying an additional 140,802 shares during the last quarter. World Investment Advisors grew its position in AT&T by 85.0% during the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock valued at $8,419,000 after buying an additional 155,728 shares during the period. Cerity Partners LLC increased its stake in shares of AT&T by 3.7% during the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock worth $41,449,000 after purchasing an additional 59,279 shares during the last quarter. ING Groep NV increased its position in AT&T by 120.3% in the fourth quarter. ING Groep NV now owns 2,050,310 shares of the technology company’s stock worth $50,930,000 after buying an additional 1,119,731 shares during the last quarter. Finally, WealthPlan Investment Management LLC increased its holdings in AT&T by 415.0% in the 4th quarter. WealthPlan Investment Management LLC now owns 63,357 shares of the technology company’s stock worth $1,574,000 after acquiring an additional 51,055 shares during the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts recently weighed in on T shares. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Morgan Stanley started coverage on shares of AT&T in a research report on Thursday, April 16th. They set an “overweight” rating and a $30.00 target price for the company. Scotiabank cut their price objective 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. BNP Paribas Exane cut their price objective on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Finally, Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $30.55.
AT&T Stock Performance
Shares of T opened at $22.43 on Friday. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87. AT&T Inc. has a one year low of $21.99 and a one year high of $29.79. The firm has a market capitalization of $155.87 billion, a PE ratio of 7.53, a price-to-earnings-growth ratio of 0.93 and a beta of 0.21. The company has a 50-day simple moving average of $24.48 and a two-hundred day simple moving average of $25.66.
AT&T (NYSE:T – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. The company had revenue of $31.51 billion for the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.
AT&T Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.9%. The ex-dividend date of this dividend is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.
Key AT&T News
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T reiterated its shareholder return profile by declaring a quarterly dividend of $0.2775 per share, implying an annualized yield of about 5%. That should help support demand from income-focused investors. AT&T Declares Dividends on Common and Preferred Shares
- Positive Sentiment: AT&T’s collaboration with Intrado to enhance next-generation 9-1-1 capabilities supports its move toward higher-value, modern telecom services and may improve the company’s long-term competitive positioning. Intrado and AT&T Strengthen Longstanding Collaboration to Support NG 9-1-1 Innovation
- Positive Sentiment: Independent research cited AT&T Fiber as a top home internet performer on speed, reliability, and video quality, reinforcing optimism around AT&T’s fiber rollout and growth strategy. Will AT&T’s (T) Fiber Momentum and Legacy Exit Plan Reshape Its Long-Term Connectivity Narrative?
- Neutral Sentiment: AT&T is also pursuing a year-end CFO transition and seeking FCC approval to discontinue certain legacy voice services, which highlights ongoing operational change but does not clearly signal near-term financial impact. Will AT&T’s (T) Fiber Momentum and Legacy Exit Plan Reshape Its Long-Term Connectivity Narrative?
- Neutral Sentiment: Analysts remain bullish and see meaningful upside, but that view has not yet offset the market’s recent pressure on the stock. AT&T (T) Trades Near Its 52-Week Low, But Analysts Remain Bullish
- Negative Sentiment: Shares have been under pressure as regulators in California push back on AT&T’s copper-network retirement plans, creating a policy overhang for the company’s legacy network exit strategy. What California’s Regulatory Resistance Means For AT&T Stock
About AT&T
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.
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