Waverly Advisors LLC Buys 676,783 Shares of AT&T Inc. $T

Waverly Advisors LLC lifted its stake in shares of AT&T Inc. (NYSE:T) by 157.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,107,515 shares of the technology company’s stock after buying an additional 676,783 shares during the period. Waverly Advisors LLC’s holdings in AT&T were worth $22,926,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after purchasing an additional 10,188 shares during the period. Osterweis Capital Management Inc. boosted its stake in AT&T by 4,352.9% during 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 during the last quarter. Main Street Financial Solutions LLC increased its holdings in shares of AT&T by 4.0% in 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 in the last quarter. HUB Investment Partners LLC increased its holdings in shares of AT&T by 19.6% in 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 in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in shares of AT&T by 1.8% in the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after purchasing an additional 3,677 shares during the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Performance

NYSE T opened at $25.61 on Wednesday. The business has a 50 day simple moving average of $23.67 and a two-hundred day simple moving average of $25.10. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.79. The stock has a market capitalization of $175.49 billion, a PE ratio of 8.48, a P/E/G ratio of 1.27 and a beta of 0.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. AT&T’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts predict that AT&T Inc. will post 2.34 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, July 10th. AT&T’s dividend payout ratio is presently 36.75%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Barclays decreased 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 report on Wednesday, July 8th. Morgan Stanley raised their price objective on AT&T from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday, July 23rd. 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. Royal Bank Of Canada lowered their price objective 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. Finally, Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $29.19.

More AT&T News

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

• Positive Sentiment: CEO John Stankey will participate in a Goldman Sachs Communacopia + Technology Conference fireside chat on September 9. AT&T reiterated its second-quarter 2026 financial outlook and capital-allocation plan, while highlighting its fiber and 5G investments as competitive advantages. Investors may look for additional commentary on growth, wireless performance, debt reduction and shareholder returns. John Stankey to Update Shareholders at Goldman Sachs Communacopia + Technology Conference on September 9
• Positive Sentiment: AT&T expanded its smartphone lineup with the Samsung Galaxy S26 FE and is emphasizing flexible pricing, upgrade options and customer benefits. The offering could support customer satisfaction, device sales and wireless retention, although the financial impact is not yet quantified. Can AT&T’s Latest Smartphone Offers Boost Customer Satisfaction?
• Neutral Sentiment: AT&T provided technical support for Dallas’ Republican midterm convention. The announcement demonstrates the company’s role as a connectivity provider but is unlikely to materially affect revenue or valuation. AT&T provides technical support to Dallas’ Republican midterm convention
• Neutral Sentiment: Recent internet disruptions affecting customers in parts of Texas and Louisiana were reportedly resolved, and AT&T said its network was operating normally. A short-lived outage limits the financial impact, but repeated incidents could hurt customer satisfaction and increase churn concerns. AT&T internet operating normally after outages affected thousands of D-FW customers Monday
• Negative Sentiment: VoIP-Pal filed a third amended federal antitrust complaint against AT&T, Verizon and T-Mobile. The streamlined case adds legal and regulatory uncertainty, although the filing itself does not establish liability or indicate a financial penalty. VoIP-Pal Files Third Amended Complaint Against AT&T, Verizon, and T-Mobile

AT&T Profile

AT&T Inc (NYSE:T) is a telecommunications company that provides wireless communications, broadband internet, voice, and related connectivity services. Its offerings include mobile phone and data plans, fiber-optic internet, fixed wireless access, traditional voice services, and networking solutions for businesses and government customers.

The company serves consumers, businesses, and public-sector organizations primarily across the United States. AT&T also provides wireless services in Mexico and operates extensive communications networks that support mobile connectivity, internet access, data transmission, and enterprise communications.

AT&T traces its history to the development of the Bell System and has evolved through a series of reorganizations and acquisitions.