GAMMA Investing LLC Sells 30,152 Shares of AT&T Inc. $T

GAMMA Investing LLC decreased its holdings in AT&T Inc. (NYSE:T) by 13.6% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 191,694 shares of the technology company’s stock after selling 30,152 shares during the quarter. GAMMA Investing LLC’s holdings in AT&T were worth $3,968,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. lifted its stake in AT&T by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after purchasing an additional 3,585,661 shares during the period. State Street Corp grew its stake in shares of AT&T by 2.6% in the 4th quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock valued at $8,249,109,000 after purchasing an additional 8,314,678 shares during the period. Bank of America Corp DE grew its stake in shares of AT&T by 4.6% in the 1st quarter. Bank of America Corp DE now owns 125,191,700 shares of the technology company’s stock valued at $3,629,307,000 after purchasing an additional 5,449,222 shares during the period. Norges Bank acquired a new position in shares of AT&T in the 4th quarter worth approximately $2,181,977,000. Finally, Bank of New York Mellon Corp raised its holdings in shares of AT&T by 12.7% in the 1st quarter. Bank of New York Mellon Corp now owns 72,764,509 shares of the technology company’s stock worth $2,109,443,000 after buying an additional 8,197,935 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T, Verizon, and T-Mobile jointly enabled Glide.id’s SIM-anchored cryptographic authentication technology, aimed at reducing AI-driven fraud and replacing vulnerable SMS-based logins. The initiative could strengthen the carriers’ role in mobile identity and security services. AT&T Teams Up With Verizon and T-Mobile on Glide.id Security
• Positive Sentiment: Zacks highlighted AT&T (T) as a value-oriented wireless stock that could benefit from long-term 5G adoption and sustained demand for connectivity. This supports the investment case based on AT&T’s relatively low valuation and income characteristics, although it is broad industry commentary rather than a company-specific catalyst. Why AT&T Is a Strong Value Stock
• Neutral Sentiment: AT&T completed the sale of euro- and sterling-denominated global notes, increasing access to European funding markets and supporting liquidity. However, the new debt also adds interest and refinancing obligations to a balance sheet that already carries meaningful leverage. AT&T Boosts European Funding With New Debt Issuance
• Negative Sentiment: SpaceX says Starlink Mobile plans to compete directly for customers of AT&T, Verizon, and T-Mobile. The service currently targets cellular dead zones and outage coverage, but SpaceX intends to develop it into a full wireless carrier. Greater satellite-based competition could pressure AT&T’s subscriber growth, pricing power, and network differentiation over time. SpaceX Says It’s Coming for AT&T, Verizon, and T-Mobile Customers
• Negative Sentiment: A separate industry analysis noted that T-Mobile remains independent after its proposed Deutsche Telekom consolidation fell away, allowing it to keep investing its substantial U.S. cash flow in 5G, broadband, and satellite partnerships. That leaves AT&T facing a well-funded, aggressive rival in the domestic wireless market. T-Mobile’s Strategic Win

AT&T Stock Down 1.1%

Shares of T opened at $23.34 on Wednesday. The company has a market capitalization of $159.94 billion, a P/E ratio of 7.73, a PEG ratio of 0.96 and a beta of 0.23. 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 one year low of $19.89 and a one year high of $29.79. The business’s 50 day simple moving average is $22.62 and its 200-day simple moving average is $25.23.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The business had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same period in the prior year, the company earned $0.54 EPS. AT&T’s revenue for the quarter 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, sell-side analysts predict that AT&T Inc. will post 2.34 EPS for the current fiscal year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Friday, July 10th. AT&T’s dividend payout ratio is presently 36.75%.

Analysts Set New Price Targets

Several analysts recently commented on the company. BNP Paribas Exane decreased their price target on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Royal Bank Of Canada dropped their price objective on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a research note on Thursday, July 23rd. Finally, Barclays lowered their target price on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.19.

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.