AT&T Inc. $T Shares Acquired by NewEdge Advisors LLC

NewEdge Advisors LLC lifted its holdings in shares of AT&T Inc. (NYSE:T) by 10.0% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,360,407 shares of the technology company’s stock after acquiring an additional 215,266 shares during the period. NewEdge Advisors LLC’s holdings in AT&T were worth $48,861,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. IFP Advisors Inc raised its position in shares of AT&T by 8.0% in the 2nd quarter. IFP Advisors Inc now owns 370,739 shares of the technology company’s stock valued at $7,674,000 after purchasing an additional 27,322 shares during the last quarter. West Family Investments Inc. grew its position in AT&T by 10.7% during the 2nd quarter. West Family Investments Inc. now owns 32,435 shares of the technology company’s stock worth $671,000 after purchasing an additional 3,138 shares during the last quarter. Waverly Advisors LLC grew its position in AT&T by 157.1% during the 2nd quarter. Waverly Advisors LLC now owns 1,107,515 shares of the technology company’s stock worth $22,926,000 after purchasing an additional 676,783 shares during the last quarter. Empirical Finance LLC grew its position in AT&T by 11.5% during the 2nd quarter. Empirical Finance LLC now owns 311,629 shares of the technology company’s stock worth $6,451,000 after purchasing an additional 32,024 shares during the last quarter. Finally, Nykredit A S acquired a new position in AT&T during the 2nd quarter valued at approximately $195,151,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Price Performance

Shares of NYSE:T opened at $25.11 on Thursday. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.79. The company’s 50 day moving average is $23.76 and its 200 day moving average is $25.08. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The company has a market cap of $172.03 billion, a PE ratio of 8.31, a price-to-earnings-growth ratio of 1.27 and a beta of 0.25.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. During the same period in the previous year, the business posted $0.54 EPS. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts forecast that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Investors 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 4.4%. The ex-dividend date of this dividend was Friday, July 10th. AT&T’s dividend payout ratio (DPR) is 36.75%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 price target on shares of AT&T in a report on Monday, July 13th. Oppenheimer lowered shares of AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Wolfe Research raised AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a research report on Thursday, July 23rd. Wells Fargo & Company raised their target price on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research note on Thursday, July 23rd. Finally, Royal Bank Of Canada reduced their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.19.

AT&T News Roundup

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

• Positive Sentiment: AT&T announced that it will become the first major U.S. telecommunications provider to offer business customers connectivity through Amazon Leo, Amazon’s low-Earth-orbit satellite broadband network. The service could extend AT&T’s connectivity reach in rural and hard-to-serve areas and complement its fiber and 5G networks, although commercial availability is not immediate. AT&T Becomes Amazon’s First Major Satellite Broadband Telecom Customer
• Positive Sentiment: Chief Executive Officer John Stankey’s Goldman Sachs Communacopia + Technology Conference update highlighted AT&T’s fiber and 5G investments, multi-year growth strategy, and structural connectivity advantages. Management reiterated the financial outlook and capital-allocation plan issued with second-quarter results, reducing the risk of a near-term guidance reset. AT&T Goldman Sachs Conference Transcript
• Positive Sentiment: AT&T elected Fazal F. Merchant as an independent director and expanded its board to 11 members. His assignments to the Audit Committee and Corporate Development and Finance Committee may strengthen financial oversight and strategic review. AT&T Elects Fazal F. Merchant to Board
• Neutral Sentiment: The Galaxy S26 FE launch and flexible smartphone pricing, upgrade options, and customer benefits could support wireless additions and customer satisfaction, but the financial effect is not yet measurable. AT&T Smartphone Offers
• Negative Sentiment: VoIP-Pal filed a third amended antitrust complaint naming AT&T, Verizon, and T-Mobile. The case remains unresolved, and any eventual legal costs, remedies, or regulatory scrutiny could weigh on sentiment, although no immediate financial impact was disclosed. VoIP-Pal Amended Antitrust Complaint
• Negative Sentiment: Recent internet outages affecting customers in Texas, including the Dallas-Fort Worth and Houston areas, were reportedly resolved or followed by company statements that the network was operating normally. Even temporary disruptions can raise customer-retention and service-reliability concerns. AT&T Internet Outages

AT&T Profile

AT&T Inc (NYSE:T) is a telecommunications company that provides wireless communications, broadband internet, voice, and related connectivity services. Its offerings include mobile phone and data plans, fiber-optic internet, fixed wireless access, traditional voice services, and networking solutions for businesses and government customers.

The company serves consumers, businesses, and public-sector organizations primarily across the United States. AT&T also provides wireless services in Mexico and operates extensive communications networks that support mobile connectivity, internet access, data transmission, and enterprise communications.

AT&T traces its history to the development of the Bell System and has evolved through a series of reorganizations and acquisitions.