972,305 Shares in AT&T Inc. $T Bought by Beacon Pointe Advisors LLC

Beacon Pointe Advisors LLC acquired a new stake in AT&T Inc. (NYSE:T - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 972,305 shares of the technology company's stock, valued at approximately $20,127,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of T. Tsfg LLC increased its stake in shares of AT&T by 3.6% in the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company's stock valued at $265,000 after buying an additional 366 shares during the period. Lifestyle Asset Management Inc. increased its position in shares of AT&T by 3.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company's stock valued at $261,000 after acquiring an additional 368 shares during the last quarter. Hillsdale Investment Management Inc. increased its position in shares of AT&T by 1.2% during the 4th quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company's stock valued at $794,000 after purchasing an additional 370 shares during the last quarter. Bruce G. Allen Investments LLC grew its stake in shares of AT&T by 1.7% during the 4th quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company's stock worth $556,000 after acquiring an additional 374 shares during the period. Finally, Rockline Wealth Management LLC lifted its position in shares of AT&T by 3.8% during the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company's stock worth $259,000 after acquiring an additional 378 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company's stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T’s operating margin reportedly reached a multi-year high as the company winds down its copper network. Lower legacy-network costs and operating leverage could improve profitability and support cash generation. AT&T Stock's Margin Hit A Multi-Year Best As Its Copper Network Winds Down
• Positive Sentiment: Recent bullish investment analysis argues that AT&T’s turnaround has further upside, citing its discounted valuation, robust cash flows, fiber expansion, and growth in its Advanced Connectivity segment. Management’s target for 2026 EBITDA growth of 3%–4%, accelerating to more than 5% annually from 2028, strengthens the long-term case. AT&T Doesn't Need Heroic Results To Offer Heroic Upside
• Positive Sentiment: AT&T’s investment and partnership with Hark could position its network as an infrastructure provider for AI-native, always-connected consumer devices. The opportunity is early-stage but offers potential exposure to new connectivity demand beyond smartphones. Investors Reacting to AT&T Backing Hark’s AI-Native Device Ecosystem
• Neutral Sentiment: AT&T, T-Mobile, and Verizon are described as overcoming a shared competitive or regulatory challenge involving satellite-based connectivity. The development may ease concerns about satellite disruption, but the article provides limited detail on its direct financial impact. AT&T, T-Mobile, and Verizon Defeat a Common Foe
• Neutral Sentiment: AT&T will release third-quarter 2026 results before the market opens on October 21 and hold a conference call afterward. The announcement itself does not change fundamentals, but it gives investors a near-term catalyst to assess subscriber trends, fiber growth, margins, and guidance. AT&T to Release Third-Quarter 2026 Earnings on Oct. 21
• Neutral Sentiment: AT&T is promoting free Turbo Live access at select football season openers and selling season passes. The campaign could support brand engagement and customer acquisition, but its immediate financial contribution is likely limited. AT&T Kicks Off Football Season with Free Turbo Live

AT&T Trading Up 2.4%

NYSE:T opened at $26.03 on Friday. The business has a fifty day moving average price of $23.15 and a 200-day moving average price of $25.23. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The firm has a market capitalization of $178.37 billion, a price-to-earnings ratio of 8.62, a price-to-earnings-growth ratio of 1.03 and a beta of 0.23. AT&T Inc. has a one year low of $19.89 and a one year high of $29.79.

AT&T (NYSE:T - Get Free Report) last announced its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The firm had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. During the same period last year, the firm posted $0.54 EPS. The business's revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts forecast that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Friday, July 10th. AT&T's payout ratio is currently 36.75%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on T. Wall Street Zen raised AT&T from a "sell" rating to a "hold" rating in a report on Saturday, June 20th. Weiss Ratings raised AT&T from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, August 3rd. The Goldman Sachs Group set a $30.00 target price on AT&T in a research report on Wednesday, July 22nd. Royal Bank Of Canada lowered their price target on AT&T from $31.00 to $27.00 and set an "outperform" rating on the stock in a report on Monday, July 20th. Finally, Morgan Stanley boosted their target price on AT&T from $25.00 to $27.00 and gave the stock an "overweight" rating in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $29.19.

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.

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