Atria Investments Inc trimmed its holdings in shares of AT&T Inc. (NYSE:T - Free Report) by 11.1% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 432,884 shares of the technology company's stock after selling 53,799 shares during the quarter. Atria Investments Inc's holdings in AT&T were worth $8,961,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Fairway Wealth LLC acquired a new position in AT&T during the first quarter valued at approximately $29,000. Robinswood Financial LLC acquired a new position in AT&T in the 1st quarter valued at $29,000. Safe Harbor Fiduciary LLC acquired a new position in AT&T in the 4th quarter valued at $25,000. Rachor Investment Advisory Services LLC bought a new position in AT&T in the 4th quarter worth $25,000. Finally, Cresta Advisors Ltd. acquired a new position in AT&T during the 4th quarter worth $26,000. Institutional investors own 57.10% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on the company. TD Cowen lifted their price objective on AT&T from $32.00 to $33.00 and gave the stock a "hold" rating in a research note on Thursday, July 23rd. Royal Bank Of Canada reduced their price objective on AT&T from $31.00 to $27.00 and set an "outperform" rating for the company in a research report on Monday, July 20th. Wells Fargo & Company boosted their target price on shares of AT&T from $18.00 to $20.00 and gave the stock an "underweight" rating in a research report on Thursday, July 23rd. Scotiabank cut their price objective on shares of AT&T from $31.00 to $29.25 and set a "sector perform" rating for the company in a research report on Wednesday, July 15th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and issued a $25.00 price objective on shares of AT&T in a research report on Monday, July 13th. One equities research 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 issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $29.19.
Check Out Our Latest Stock Analysis on T
AT&T Trading Up 1.3%
Shares of T opened at $24.89 on Friday. 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 stock has a market cap of $170.58 billion, a PE ratio of 8.24, a PEG ratio of 1.00 and a beta of 0.23. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.79. The stock has a 50 day simple moving average of $22.62 and a 200-day simple moving average of $25.25.
AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 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 business had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same quarter in the previous year, the firm earned $0.54 EPS. AT&T's quarterly revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts predict that AT&T Inc. will post 2.34 EPS for the current fiscal year.
AT&T Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were issued a $0.2775 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.5%. AT&T's dividend payout ratio is presently 36.75%.
Trending Headlines about AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T is reinforcing its Hawaiian network and deploying disaster-response resources ahead of Tropical Storm Lala. The effort could strengthen customer trust and satisfaction, though the financial impact is likely modest unless it improves retention or attracts new subscribers. Can AT&T's Disaster Connectivity Efforts Drive Customer Satisfaction?
- Positive Sentiment: AT&T’s chief marketing officer said customers with strong “brand love” are three times less likely to leave, 50% more likely to purchase a second product and less expensive to acquire. If sustained, those trends could lower churn and customer-acquisition costs while supporting revenue growth and profitability. AT&T’s CMO tied brand love to customer economics
- Positive Sentiment: One comparison concludes AT&T offers more upside potential than SpaceX based on stronger recent performance, a cheaper valuation and its 2026 growth outlook. This reinforces the value case behind AT&T’s low earnings multiple, although it does not represent a new company forecast. AT&T vs. SpaceX
- Neutral Sentiment: A post-earnings-sector review benchmarks AT&T against wireless, cable and satellite peers, offering broader context on its second-quarter performance but no clearly identified new catalyst in the available report. Wireless, Cable and Satellite Stocks Q2 Recap
- Negative Sentiment: Although AT&T has more than doubled over three years and still looks inexpensive on several valuation measures, its weaker recent performance and slower growth raise questions about how much further the shares can advance. AT&T Stock Still Looks a Bargain on Earnings but Weaker on Growth
- Negative Sentiment: SpaceX’s ambitions to capture a large share of internet traffic highlight a longer-term competitive threat to traditional connectivity providers, even though current comparisons favor AT&T’s valuation and outlook. SpaceX Internet Traffic Ambitions
AT&T Company Profile
(
Free Report)
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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