AT&T Inc. $T Stock Position Raised by Asset Management One Co. Ltd.

Key Points

• Asset Management One increased its AT&T position by 2% in the second quarter, adding 69,018 shares to hold 3.55 million shares valued at approximately $73.5 million. Institutional investors collectively own 57.1% of the company.
• AT&T’s latest quarter showed mixed results: EPS of $0.65 beat estimates, while revenue rose 2.3% year over year to $31.56 billion but fell short of forecasts. The company maintains a $1.11 annual dividend, yielding about 4.5%.
• Analysts retain a Moderate Buy consensus with an average price target of $29.19, but high capital spending, debt, competition and satellite connectivity threats could limit upside despite AT&T’s relatively low valuation.

Asset Management One Co. Ltd. lifted its position in AT&T Inc. (NYSE:T - Free Report) by 2.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,551,730 shares of the technology company's stock after buying an additional 69,018 shares during the quarter. Asset Management One Co. Ltd. owned about 0.05% of AT&T worth $73,521,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC acquired a new stake in AT&T in the fourth quarter valued at approximately $25,000. Safe Harbor Fiduciary LLC bought a new stake in AT&T in the fourth quarter worth approximately $25,000. Cresta Advisors Ltd. acquired a new position in shares of AT&T during the 4th quarter worth $26,000. Blueline Advisors LLC acquired a new position in shares of AT&T during the 4th quarter worth $26,000. Finally, Winnow Wealth LLC raised its holdings in shares of AT&T by 362.8% during the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company's stock valued at $26,000 after purchasing an additional 820 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company's stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: Valuation remains attractive. AT&T has more than doubled over three years, but its recent pullback leaves it trading at relatively inexpensive earnings and other valuation multiples. The combination of a low valuation and expected 2026 earnings growth could provide further upside. AT&T Stock Still Looks A Bargain On Earnings But Weaker On Growth
• Positive Sentiment: AT&T compares favorably with other connectivity investments. Zacks points to stronger recent performance, a cheaper valuation and a more established 2026 growth outlook than SpaceX, despite competitive pressures. AT&T vs. SpaceX: Which Connectivity Stock Has More Upside Now?
• Positive Sentiment: Open-weight artificial intelligence could improve efficiency. AT&T is adopting open AI models to reduce token costs, protect proprietary data and improve security. If successfully implemented, the strategy could lower operating expenses and support automation. Why AT&T Is Betting Big on Open-Weight AI
• Neutral Sentiment: Fundamental execution is improving but uneven. Fiber expansion, wireless gains and bundled services support growth, while the latest quarterly EPS beat estimates and revenue increased year over year. However, revenue was below consensus, leaving investors focused on whether growth can accelerate.
• Negative Sentiment: Growth risks could limit upside. Analysts note that much of AT&T’s recent investment case depends on modest growth, while high capital expenditures, substantial debt and intense competition from wireless, fiber and satellite providers could pressure returns. Should Investors Buy T Stock as Earnings Estimates Improve?
• Negative Sentiment: SpaceX’s ambitions highlight a competitive threat. Elon Musk’s projection that SpaceX could handle most internet traffic underscores the long-term risk posed by satellite connectivity, although the impact on AT&T’s core business is uncertain. Elon Musk Predicts 90% of Internet Traffic Will Flow Through His Company

AT&T Price Performance

NYSE T opened at $24.59 on Friday. The stock has a 50-day simple moving average of $22.58 and a 200 day simple moving average of $25.25. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.79. The stock has a market capitalization of $168.49 billion, a PE ratio of 8.14, a P/E/G ratio of 0.99 and a beta of 0.23. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97.

AT&T (NYSE:T - Get Free Report) last released its 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. 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 for the quarter, compared to analyst estimates of $31.80 billion. During the same quarter last year, the firm posted $0.54 EPS. The company's 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. Research analysts anticipate that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, July 10th. AT&T's dividend payout ratio is presently 36.75%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on T shares. Oppenheimer lowered shares of AT&T from an "outperform" rating to a "market perform" rating in a research note on Wednesday, June 3rd. BNP Paribas Exane cut their target price on AT&T from $28.00 to $26.00 and set a "neutral" rating on the stock in a report on Thursday, April 23rd. Argus lowered their price objective on AT&T from $33.00 to $30.00 and set a "buy" rating on the stock in a report on Thursday, July 23rd. Wall Street Zen raised AT&T from a "sell" rating to a "hold" rating in a research note on Saturday, June 20th. Finally, Royal Bank Of Canada cut their price objective on AT&T from $31.00 to $27.00 and set an "outperform" rating on the stock in a research note on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, AT&T has a consensus rating of "Moderate Buy" and an average target price 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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