AT&T Inc. $T Shares Purchased by Saxony Capital Management LLC

Saxony Capital Management LLC raised its stake in AT&T Inc. (NYSE:T) by 274.3% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 51,037 shares of the technology company’s stock after buying an additional 37,402 shares during the quarter. Saxony Capital Management LLC’s holdings in AT&T were worth $1,245,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of T. State Street Corp raised its holdings in shares of AT&T by 5.8% during the second quarter. State Street Corp now owns 334,273,613 shares of the technology company’s stock valued at $6,919,464,000 after buying an additional 18,468,679 shares during the last quarter. Bank of America Corp DE raised its holdings 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 worth $3,629,307,000 after purchasing an additional 5,449,222 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in AT&T by 12.7% during the first quarter. Bank of New York Mellon Corp now owns 72,764,509 shares of the technology company’s stock valued at $2,109,443,000 after purchasing an additional 8,197,935 shares during the last quarter. GQG Partners LLC purchased a new stake in shares of AT&T during the second quarter valued at $1,223,364,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in AT&T by 2.5% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 55,616,152 shares of the technology company’s stock worth $1,151,254,000 after purchasing an additional 1,336,556 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Trading Up 1.9%

AT&T stock opened at $23.48 on Friday. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.43. The company’s fifty day simple moving average is $24.99 and its 200-day simple moving average is $24.45. The stock has a market cap of $160.93 billion, a P/E ratio of 10.11, a P/E/G ratio of 1.15 and a beta of 0.25.

AT&T (NYSE:T) last released its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%. The business’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts forecast that AT&T Inc. will post 2.33 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be paid a dividend of $0.2775 per share. The ex-dividend date is Friday, October 9th. This represents a $1.11 annualized dividend and a dividend yield of 4.7%. AT&T’s dividend payout ratio is 36.75%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Mexico exit supports U.S. investment: AT&T agreed to sell its Mexican wireless business to Grupo Televisa and Fintech Holdings for $2 billion in cash, plus potential additional benefits. Management plans to direct capital toward U.S. fiber and 5G networks, which could improve strategic focus and returns over time. The transaction is expected to close in early 2027, subject to regulatory approval. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
• Positive Sentiment: Fiber scale-up strengthens the broadband strategy: AT&T paid $5.75 billion for Lumen Technologies’ consumer fiber business, adding more than 1 million subscribers and access to over 4 million locations. Buying existing networks accelerates expansion and supports bundled wireless, broadband and entertainment offerings, although investors will monitor whether the acquisition generates sufficient returns. Does Buying Fiber Create More Value Than Building It?
• Positive Sentiment: Customer-service initiative may aid retention: AT&T expanded its “America’s Best Guarantee,” promising customers access to an expert within five minutes or a scheduled callback, while bundled fiber and wireless customers can receive support from one dedicated technical expert. The move is intended to reduce transfers and improve customer satisfaction. AT&T Expands America’s Best Guarantee
• Neutral Sentiment: Earnings optimism is building: Analysts expect AT&T’s upcoming report to benefit from earnings growth and potentially another beat, following its prior quarter’s $0.65-per-share result, which exceeded consensus. However, revenue previously fell short of estimates, so investors will focus on subscriber trends, free cash flow and debt reduction. AT&T Earnings Expected to Grow
• Negative Sentiment: Dividend and competitive risks remain: Analysts have highlighted threats to AT&T’s dividend growth and buyback capacity, while SpaceX-related spectrum developments have pressured the broader telecom group. A court-approved $177 million settlement tied to 2024 data breaches is another modest overhang, though unlikely to materially change the company’s investment case. Three Big Threats to AT&T’s Dividend Growth

Analyst Ratings Changes

A number of analysts have recently issued reports on T shares. Wells Fargo & Company increased their target price on AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday, July 23rd. TD Cowen upped their price target on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. Morgan Stanley raised their price objective on AT&T from $27.00 to $28.00 and gave the stock an “overweight” rating in a research report on Monday, September 28th. Weiss Ratings upgraded AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 3rd. Finally, Argus lowered their target price on AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $29.05.

About AT&T

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.