Czech National Bank Acquires 71,186 Shares of AT&T Inc. $T

Czech National Bank lifted its stake in AT&T Inc. (NYSE:T) by 3.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,977,763 shares of the technology company’s stock after acquiring an additional 71,186 shares during the period. Czech National Bank’s holdings in AT&T were worth $40,940,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. IFM Investors Pty Ltd raised its stake in shares of AT&T by 5.3% in the first quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock valued at $43,142,000 after purchasing an additional 74,684 shares in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new stake in AT&T during the first quarter worth $2,901,000. Annex Advisory Services LLC increased its holdings in AT&T by 749.1% in the 4th quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock valued at $3,964,000 after buying an additional 140,802 shares during the period. World Investment Advisors increased its holdings in AT&T by 85.0% in the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock valued at $8,419,000 after buying an additional 155,728 shares during the period. Finally, Cerity Partners LLC raised its stake in shares of AT&T by 3.7% in the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock valued at $41,449,000 after buying an additional 59,279 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on T. BNP Paribas Exane cut their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. TD Cowen boosted their price target on shares of AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Wells Fargo & Company boosted their target price on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a report on Thursday, July 23rd. Finally, Royal Bank Of Canada decreased their price target on AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $29.19.

AT&T News Summary

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

• Positive Sentiment: Network capacity upgrade: AT&T selected Ericsson to deploy 600 MHz dual-band radios using spectrum acquired from EchoStar. The investment is expected to improve wireless capacity, coverage, reliability and performance nationwide, potentially supporting customer satisfaction and retention. AT&T and Ericsson Enhance Wireless Capacity, Coverage, and Performance Nationwide
• Positive Sentiment: Quantum-computing collaboration: AT&T’s expanded relationship with D-Wave Quantum produced a reported 240-times improvement in a network-optimization application. While the commercial and financial impact is still uncertain, successful deployment could improve AT&T’s operational efficiency and demonstrate new enterprise uses for quantum computing. Will AT&T’s Expanded Quantum Deal Turn D-Wave Into a Scalable Enterprise Player?
• Positive Sentiment: Product expansion: AT&T launched the amiGO Jr. Tab 2, a $4.99-per-month kids’ tablet that runs on its 5G network. The niche product strengthens AT&T’s differentiated device lineup, though its direct effect on revenue is likely modest. AT&T’s Exclusive Kids Device Line Gets an Upgrade
• Negative Sentiment: Competitive pressure from SpaceX: SpaceX plans to combine Starlink satellite connectivity with terrestrial infrastructure to build a broader mobile service. The prospect of direct competition with AT&T, Verizon and T-Mobile pressured telecom stocks and could increase industry pricing, customer-acquisition and capital-spending challenges. SpaceX Plans Terrestrial Mobile Network to Rival AT&T

AT&T Stock Performance

T stock opened at $23.68 on Friday. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.79. 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 firm has a market cap of $162.24 billion, a PE ratio of 7.84, a P/E/G ratio of 0.94 and a beta of 0.23. The business’s 50-day moving average price is $22.56 and its two-hundred day moving average price is $25.23.

AT&T (NYSE:T) last posted its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The business 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%.AT&T’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts forecast that AT&T Inc. will post 2.34 earnings per share for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Friday, July 10th. AT&T’s dividend payout ratio (DPR) is currently 36.75%.

About AT&T

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.