AT&T Inc. $T Holdings Reduced by Sound Income Strategies LLC

Sound Income Strategies LLC lowered its position in AT&T Inc. (NYSE:T) by 4.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 631,067 shares of the technology company’s stock after selling 31,613 shares during the quarter. Sound Income Strategies LLC’s holdings in AT&T were worth $17,866,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in T. Fairway Wealth LLC bought a new position in AT&T in the 1st quarter worth approximately $29,000. Safe Harbor Fiduciary LLC acquired a new stake in AT&T in the 4th quarter valued at approximately $25,000. Rachor Investment Advisory Services LLC bought a new stake in AT&T during the 4th quarter valued at $25,000. Cresta Advisors Ltd. bought a new stake in AT&T during the 4th quarter valued at $26,000. Finally, Blueline Advisors LLC acquired a new position in AT&T during the 4th quarter worth $26,000. Institutional investors own 57.10% of the company’s stock.

AT&T Price Performance

Shares of NYSE:T opened at $20.57 on Friday. The stock has a market cap of $142.89 billion, a price-to-earnings ratio of 6.90, a PEG ratio of 0.83 and a beta of 0.24. 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 12 month low of $19.89 and a 12 month high of $29.79. The stock’s 50 day moving average price is $23.99 and its 200 day moving average price is $25.55.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $31.51 billion during the quarter, compared to analyst estimates of $31.29 billion. During the same period last year, the company posted $0.51 EPS. The firm’s quarterly 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. Equities research analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.2775 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 5.4%. AT&T’s dividend payout ratio is 37.25%.

More AT&T News

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

• Positive Sentiment: AT&T expanded its Build-A-Plan service, letting customers bundle customized wireless plans with home internet options; the move could boost upselling, simplify customer acquisition, and strengthen competitive positioning. AT&T stock’s bad week just keeps getting worse
• Positive Sentiment: Investor interest has risen, with unusual call-option activity suggesting traders are positioning for a potential rebound or catalyst-driven move in AT&T shares.
• Neutral Sentiment: Several articles highlighted AT&T as a high-yield telecom name and a potential defensive holding for retirees, reinforcing the stock’s appeal as an income play rather than a fast-growth story.
• Negative Sentiment: Shares have been pressured by concerns over SpaceX’s long-term threat to wireless carriers, and at least one analyst downgrade cited that competitive risk as a reason for caution. Oppenheimer downgrades AT&T stock on SpaceX threat
• Negative Sentiment: Market commentary also noted recent weakness in AT&T alongside Verizon as telecom investors digest the possibility of new satellite-based competition.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Citigroup increased their price target on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. KeyCorp upped their price objective on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Weiss Ratings lowered shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Finally, Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target 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.