Strategic Investment Advisors MI lifted its position in AT&T Inc. (NYSE:T – Free Report) by 19.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 210,062 shares of the technology company’s stock after buying an additional 34,471 shares during the quarter. Strategic Investment Advisors MI’s holdings in AT&T were worth $6,090,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. IFM Investors Pty Ltd increased its stake in shares of AT&T by 5.3% in the 1st 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 during the last quarter. Parr Mcknight Wealth Management Group LLC bought a new position in AT&T in the 1st quarter valued at approximately $2,901,000. Annex Advisory Services LLC lifted its holdings in shares of AT&T by 749.1% during the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock worth $3,964,000 after purchasing an additional 140,802 shares during the period. World Investment Advisors lifted its holdings in AT&T by 85.0% during the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after buying an additional 155,728 shares during the period. Finally, Cerity Partners LLC raised its holdings in AT&T by 3.7% during the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock worth $41,449,000 after purchasing an additional 59,279 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.
Key Headlines Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T completed its approximately $23 billion acquisition of EchoStar’s wireless spectrum licenses. The deal adds about 50 MHz of nationwide capacity—including 30 MHz of 3.45 GHz mid-band and 20 MHz of 600 MHz low-band spectrum—strengthening AT&T’s 5G coverage and capacity across more than 400 U.S. markets. AT&T closes $23 billion deal to acquire spectrum from EchoStar
- Positive Sentiment: AT&T’s Internet Air 5G home-internet service reached 2 million subscribers, adding its second million in roughly half the time required to reach the first. More than half of subscribers also use AT&T wireless service, supporting customer bundling, retention and potential revenue growth. AT&T Internet Air Doubles Subscribers in Almost Half the Time
- Positive Sentiment: AT&T’s expanded partnership with D-Wave reportedly reduced a network-optimization task from about 60 minutes to 15 seconds, highlighting potential efficiency gains from quantum computing. D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
- Neutral Sentiment: Analysts remain broadly constructive: Erste Group raised its 2026 EPS estimate to $2.33 from $2.32, close to the $2.34 consensus. AT&T also recently exceeded quarterly EPS expectations, although revenue came in slightly below forecasts.
- Negative Sentiment: The $23 billion spectrum commitment creates significant upfront spending and may pressure leverage or free cash flow before the additional network capacity produces returns. Investors appear to be balancing that risk against AT&T’s relatively low valuation and the company’s reiterated financial outlook.
AT&T Stock Performance
AT&T (NYSE:T – Get Free Report) last issued its quarterly earnings data 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 for 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 firm’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts predict that AT&T Inc. will post 2.34 EPS for the current year.
AT&T Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is 36.75%.
Analysts Set New Price Targets
T has been the topic of a number of recent analyst reports. Argus dropped their price objective 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. Sanford C. Bernstein restated an “outperform” rating and issued a $25.00 target price on shares of AT&T in a report on Monday, July 13th. Royal Bank Of Canada cut their price objective on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Morgan Stanley increased their price target on AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Finally, Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.19.
Read Our Latest Research Report on T
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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