AT&T Inc. $T Shares Sold by Denali Advisors LLC

Denali Advisors LLC cut its stake in shares of AT&T Inc. (NYSE:T - Free Report) by 12.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 312,618 shares of the technology company's stock after selling 42,552 shares during the period. Denali Advisors LLC's holdings in AT&T were worth $6,471,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC raised its position in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company's stock valued at $1,106,000 after purchasing an additional 10,188 shares during the period. Osterweis Capital Management Inc. boosted its position in shares of AT&T by 4,352.9% in the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company's stock worth $180,000 after buying an additional 6,094 shares during the period. Main Street Financial Solutions LLC boosted its position in shares of AT&T by 4.0% in the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company's stock worth $775,000 after buying an additional 1,022 shares during the period. HUB Investment Partners LLC grew its stake in shares of AT&T by 19.6% in the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company's stock valued at $1,613,000 after buying an additional 9,115 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its holdings in shares of AT&T by 1.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company's stock valued at $5,992,000 after buying an additional 3,677 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T News Summary

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

Analyst Upgrades and Downgrades

T has been the topic of a number of recent research reports. Wall Street Zen raised shares of AT&T from a "sell" rating to a "hold" rating in a research report on Saturday, June 20th. The Goldman Sachs Group set a $30.00 price target on shares of AT&T in a report on Wednesday, July 22nd. Weiss Ratings raised shares of AT&T from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, August 3rd. TD Cowen boosted their price objective on shares of AT&T from $32.00 to $33.00 and gave the stock a "hold" rating in a report on Thursday, July 23rd. Finally, Morgan Stanley upped their price objective on shares of AT&T from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $29.19.

AT&T Stock Up 2.4%

Shares of NYSE:T opened at $26.03 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 company has a fifty day simple moving average of $23.15 and a 200 day simple moving average of $25.23. The firm has a market cap of $178.37 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 1.06 and a beta of 0.23. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79.

AT&T (NYSE:T - Get Free Report) last posted its quarterly 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 net margin of 16.94% and a return on equity of 12.86%. The firm had revenue of $31.56 billion for the quarter, compared to analysts' expectations of $31.80 billion. During the same period in the prior year, the company posted $0.54 earnings per share. The firm'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, equities research analysts anticipate that AT&T Inc. will post 2.34 EPS for the current fiscal year.

AT&T Dividend Announcement

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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