Two Sigma Securities LLC Invests $4.54 Million in AT&T Inc. $T

Key Points

• Two Sigma Securities opened a new AT&T position worth approximately $4.54 million by purchasing 219,183 shares in the second quarter. Institutional investors collectively own 57.1% of AT&T’s outstanding stock.
• AT&T reported quarterly EPS of $0.65, exceeding the $0.59 consensus estimate, while revenue increased 2.3% year over year to $31.56 billion. The company also maintains a quarterly dividend of $0.2775, equivalent to a 4.3% annualized yield.
• Analysts have a Moderate Buy consensus rating and an average price target of $29.19, with recent optimism focused on improving margins as AT&T retires its copper network, expands fiber, and grows advanced connectivity services.

Two Sigma Securities LLC bought a new position in shares of AT&T Inc. (NYSE:T - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 219,183 shares of the technology company's stock, valued at approximately $4,537,000.

Several other institutional investors also recently bought and sold shares of the stock. Bank of America Corp DE purchased a new stake in AT&T in the 2nd quarter worth approximately $2,310,898,000. Norges Bank purchased a new position in shares of AT&T during the 4th quarter valued at approximately $2,181,977,000. GQG Partners LLC purchased a new position in shares of AT&T during the 2nd quarter valued at approximately $1,223,364,000. Legal & General Group Plc acquired a new position in shares of AT&T in the 2nd quarter valued at $960,695,000. Finally, Amundi grew its position in AT&T by 67.5% during the third quarter. Amundi now owns 42,295,492 shares of the technology company's stock valued at $1,094,184,000 after buying an additional 17,040,328 shares during the period. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

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 Stock Performance

NYSE:T opened at $26.03 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. The company has a fifty day moving average of $23.15 and a two-hundred day moving average of $25.22. The stock has a market capitalization of $178.37 billion, a PE ratio of 8.62, a P/E/G ratio of 1.06 and a beta of 0.23. AT&T Inc. has a fifty-two week low of $19.89 and a fifty-two week high of $29.79.

AT&T (NYSE:T - Get Free Report) last posted its quarterly earnings data 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. The business 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%. The company's revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts forecast that AT&T Inc. will post 2.34 earnings per share 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 paid a $0.2775 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.3%. AT&T's dividend payout ratio (DPR) is currently 36.75%.

Analysts Set New Price Targets

T has been the subject of a number of recent analyst reports. Weiss Ratings raised shares of AT&T from a "hold (c+)" rating to a "buy (b-)" rating in a report on Monday, August 3rd. Morgan Stanley increased their target price on shares of AT&T from $25.00 to $27.00 and gave the stock an "overweight" rating in a research note on Thursday, July 23rd. TD Cowen lifted their price target on AT&T from $32.00 to $33.00 and gave the company a "hold" rating in a research note on Thursday, July 23rd. Barclays cut their price target on AT&T from $26.00 to $24.00 and set an "equal weight" rating for the company in a research note on Wednesday, July 8th. Finally, Sanford C. Bernstein reiterated an "outperform" rating and set a $25.00 price target 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 given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $29.19.

AT&T 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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source