Sequoia Financial Advisors LLC Raises Holdings in AT&T Inc. $T

Sequoia Financial Advisors LLC boosted its stake in shares of AT&T Inc. (NYSE:T) by 8.1% in the first quarter, Holdings Channel reports. The institutional investor owned 511,590 shares of the technology company’s stock after acquiring an additional 38,501 shares during the period. Sequoia Financial Advisors LLC’s holdings in AT&T were worth $14,831,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in T. Norges Bank bought a new stake in AT&T during the fourth quarter valued at about $2,181,977,000. Amundi lifted its position in shares of AT&T by 67.5% during the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock valued at $1,094,184,000 after buying an additional 17,040,328 shares during the last quarter. Alyeska Investment Group L.P. lifted its position in shares of AT&T by 620.8% during the fourth quarter. Alyeska Investment Group L.P. now owns 11,891,778 shares of the technology company’s stock valued at $295,392,000 after buying an additional 10,241,949 shares during the last quarter. State Street Corp boosted its holdings in shares of AT&T by 2.6% in the 4th quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock valued at $8,249,109,000 after buying an additional 8,314,678 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in shares of AT&T by 49.2% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 25,155,597 shares of the technology company’s stock valued at $624,865,000 after buying an additional 8,297,201 shares in the last quarter. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T Stock Performance

Shares of T traded up $0.12 during trading hours on Friday, reaching $21.16. 49,762,998 shares of the company traded hands, compared to its average volume of 69,571,096. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The business has a fifty day moving average price of $23.38 and a 200-day moving average price of $25.40. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The stock has a market capitalization of $146.99 billion, a P/E ratio of 7.10, a P/E/G ratio of 0.86 and a beta of 0.24.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts anticipate that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be given a $0.2775 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 5.2%. AT&T’s dividend payout ratio is currently 37.25%.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T and Ericsson demonstrated drone detection over a 5G network, highlighting new network-sensing capabilities that could support future 6G-style services and reinforce AT&T’s technology narrative. Article: The future takes flight: AT&T and Ericsson demonstrate drone detection outside of AT&T Stadium
• Positive Sentiment: AT&T was ranked #1 in customer satisfaction for small business internet service by J.D. Power, which supports the company’s competitive position in business broadband and converged connectivity. Article: AT&T Ranked #1 in Customer Satisfaction for Small Business Internet Service by JD Power
• Positive Sentiment: Recent market commentary points to investor interest in AT&T’s 5G mobility trial results and its fraud-resistant identity partnership, suggesting continued optimism around network innovation and enterprise offerings. Article: AT&T Shares Pause Friday: What's Going On? Article: How Investors May Respond To AT&T (T) Linking Fraud-Resistant Identity To Converged Small-Business Bundles
• Neutral Sentiment: AT&T disclosed $30,000 of Q2 2026 lobbying focused on cybersecurity, data-breach rules, Section 230, FISA reauthorization, and telecom policy; this is more of a policy maintenance item than a direct earnings catalyst. Article: Lobbying Update: $30,000 of AT&T SERVICES INC. lobbying was just disclosed
• Neutral Sentiment: Congressional trading data and mixed institutional ownership changes show ongoing investor attention, but the signals are not strong enough on their own to drive the stock. Article: Lobbying Update: $30,000 of AT&T SERVICES INC. lobbying was just disclosed
• Negative Sentiment: New sell-side coverage from Wells Fargo was notably cautious, with an underweight rating and an $18 price target, while other commentary from Jim Cramer also leaned bearish. Article: Jim Cramer on AT&T: “It’s Time to Sell”
• Negative Sentiment: Some recent analysis suggests AT&T could be left out of a sought-after Starlink-related deal, raising concern that the company may miss a competitive opportunity in satellite-to-phone connectivity. Article: AT&T may be left out of the Starlink deal everyone wants

Wall Street Analysts Forecast Growth

T has been the subject of several recent analyst reports. Citigroup boosted their price objective on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. Scotiabank lowered their target price on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research note on Thursday, April 23rd. KeyCorp lifted their price target on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a report on Wednesday, March 25th. Wells Fargo & Company assumed coverage on AT&T in a report on Wednesday. They set an “underweight” rating and a $18.00 price objective for the company. Finally, Morgan Stanley lowered their price objective on AT&T from $30.00 to $25.00 and set an “overweight” rating for the company in a research report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and an average price target of $29.68.

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.