FSA Advisors Inc. lowered its stake in AT&T Inc. (NYSE:T – Free Report) by 57.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 17,263 shares of the technology company’s stock after selling 23,027 shares during the period. FSA Advisors Inc.’s holdings in AT&T were worth $500,000 at the end of the most recent reporting period.
A number of other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. lifted its holdings in AT&T by 4,352.9% in the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock valued at $180,000 after purchasing an additional 6,094 shares in the last quarter. Main Street Financial Solutions LLC boosted its stake in shares of AT&T by 4.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after purchasing an additional 1,022 shares during the last quarter. HUB Investment Partners LLC boosted its stake in shares of AT&T by 19.6% during the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after purchasing an additional 9,115 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its holdings in shares of AT&T by 1.8% during the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after buying an additional 3,677 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on T. Barclays cut their price objective on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. KeyCorp increased their price target on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. BNP Paribas Exane decreased their price objective on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Finally, Wells Fargo & Company began coverage on AT&T in a research note on Wednesday, July 8th. They issued an “underweight” rating and a $18.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.34.
AT&T Trading Down 0.9%
Shares of T opened at $21.79 on Friday. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.79. The firm has a market capitalization of $151.38 billion, a P/E ratio of 7.31, a price-to-earnings-growth ratio of 0.87 and a beta of 0.24. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The stock’s fifty day simple moving average is $22.98 and its 200 day simple moving average is $25.30.
AT&T (NYSE:T – Get Free Report) last posted 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. The firm had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts forecast that AT&T Inc. will post 2.32 earnings per share for the current year.
AT&T Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a dividend of $0.2775 per share. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.1%. AT&T’s payout ratio is presently 37.25%.
Trending Headlines about AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Analysts have recently raised earnings estimates for AT&T, and several firms maintain price targets well above the current share price, including a new $29.25 target from Scotiabank and a median target around $25.50. This suggests Wall Street still sees upside if execution stays on track. Analysts Set AT&T Inc. (NYSE:T) Target Price at $29.68
- Positive Sentiment: Erste Group Bank lifted its FY2026 and FY2027 EPS estimates for AT&T, reinforcing expectations that earnings remain stable and could support valuation ahead of the report.
- Positive Sentiment: AT&T said its AI-based network outage prevention system cut customer downtime by more than 12 million hours, highlighting improving network reliability and a potential operational advantage. AT&T built an AI system to prevent network outages. It reduced customer downtime by more than 12 million hours
- Positive Sentiment: Recent commentary ahead of earnings points to continued expansion in fiber, enterprise connectivity, and connected-car offerings, which could help offset slower growth in wireless.
- Neutral Sentiment: Investor and hedge-fund activity appears mixed: some large funds have added to AT&T, while others reduced exposure, suggesting the name remains widely watched but not universally favored.
- Neutral Sentiment: AT&T also disclosed modest lobbying activity tied to telecom regulation, broadband support, and spectrum issues. That is important for the business, but it is not a near-term earnings catalyst.
- Negative Sentiment: Competition in telecom remains intense, and several recent articles emphasize that AT&T still has questions to answer on growth and execution heading into earnings. That uncertainty is likely weighing on shares.
- Negative Sentiment: Some analyst targets remain below the current trading range, including recent calls from Wells Fargo and Scotiabank in the high teens to low $20s, showing that not all analysts believe the rally is fully justified.
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.
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