AT&T (NYSE:T) Issues Quarterly Earnings Results

AT&T (NYSE:T) released its quarterly earnings results on Wednesday. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06, FiscalAI reports. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. AT&T updated its FY 2026 guidance to 2.250-2.350 EPS.

AT&T Stock Up 1.5%

Shares of T opened at $22.27 on Wednesday. The company has a market cap of $154.76 billion, a PE ratio of 7.47, a P/E/G ratio of 0.86 and a beta of 0.24. The business has a fifty day moving average of $22.86 and a 200 day moving average of $25.26. AT&T has a 52-week low of $19.89 and a 52-week high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 5.0%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio is presently 37.25%.

Analyst Upgrades and Downgrades

T has been the subject of a number of research reports. Royal Bank Of Canada lowered their target price on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Monday. Weiss Ratings cut shares of AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Finally, Scotiabank dropped their price objective on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a research note on Wednesday, July 15th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, AT&T has a consensus rating of “Moderate Buy” and an average price target of $29.14.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T beat profit expectations, posting $0.65–$0.66 EPS versus roughly $0.59–$0.62 expected, which reassured investors that earnings momentum is improving. Article Title
• Positive Sentiment: The company topped expectations on wireless subscriber additions, helped by low-cost unlimited plans and bundled mobile-broadband offers, suggesting its convergence strategy is gaining traction. Article Title
• Positive Sentiment: AT&T said it delivered a record quarter for combined fiber and fixed wireless net adds and its strongest consumer postpaid wireless account growth in more than three years, supporting revenue and customer growth. Article Title
• Positive Sentiment: The company reiterated full-year 2026 and longer-term guidance and said share repurchases are accelerating, which can help bolster investor confidence in cash generation and capital returns. Article Title
• Neutral Sentiment: Revenue came in slightly below estimates at $31.56 billion versus about $31.8 billion expected, so the top-line miss may limit upside even after the earnings beat. Article Title
• Neutral Sentiment: Some earlier commentary highlighted investor concern about Starlink/SpaceX competition, but the earnings report appears to have eased some of those fears for now. Article Title

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Empire Financial Management Company LLC increased its stake in shares of AT&T by 1.0% during the 4th quarter. Empire Financial Management Company LLC now owns 40,996 shares of the technology company’s stock worth $1,018,000 after purchasing an additional 400 shares during the last quarter. American Trust lifted its stake in shares of AT&T by 4.2% in the 4th quarter. American Trust now owns 10,828 shares of the technology company’s stock valued at $269,000 after purchasing an additional 433 shares during the last quarter. Magnolia Capital Advisors LLC lifted its stake in shares of AT&T by 1.8% in the 4th quarter. Magnolia Capital Advisors LLC now owns 25,600 shares of the technology company’s stock valued at $636,000 after purchasing an additional 443 shares during the last quarter. Financial Engines Advisors L.L.C. boosted its holdings in AT&T by 1.7% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 29,979 shares of the technology company’s stock worth $745,000 after purchasing an additional 497 shares in the last quarter. Finally, Rowlandmiller & PARTNERS.ADV boosted its holdings in AT&T by 3.6% in the fourth quarter. Rowlandmiller & PARTNERS.ADV now owns 14,268 shares of the technology company’s stock worth $354,000 after purchasing an additional 500 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

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.