AT&T Inc. $T Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC raised its stake in shares of AT&T Inc. (NYSE:T) by 8.7% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,524,157 shares of the technology company’s stock after acquiring an additional 122,558 shares during the period. Wealthfront Advisers LLC’s holdings in AT&T were worth $44,185,000 as of its most recent filing with the SEC.

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

AT&T Price Performance

AT&T stock opened at $21.43 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The company has a 50-day moving average price of $23.11 and a 200 day moving average price of $25.34. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The stock has a market cap of $148.87 billion, a P/E ratio of 7.19, a PEG ratio of 0.86 and a beta of 0.24.

AT&T (NYSE:T) last posted its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The company had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The company’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.51 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts anticipate that AT&T Inc. will post 2.32 earnings per share for the current year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 5.2%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on T. Morgan Stanley dropped their price target on shares of AT&T from $30.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. Sanford C. Bernstein restated an “outperform” rating and set a $25.00 price objective on shares of AT&T in a research report on Monday. Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Citigroup lifted their target price on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a research report on Monday, March 23rd. Finally, BNP Paribas Exane cut their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $29.34.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T received a boost from reports highlighting improved network performance, including a new carrier report and Ookla data showing the company delivers the fastest converged home internet and wireless speeds, which supports the case that its fiber and wireless strategy is gaining traction. AT&T is the Fastest Connectivity Provider
• Positive Sentiment: Several analyst notes raised earnings expectations ahead of AT&T’s quarterly report, with KeyCorp increasing estimates across 2026 and 2027 and maintaining an Overweight rating, which signals confidence in the company’s profit outlook. KeyCorp estimate updates on AT&T
• Positive Sentiment: Coverage pieces arguing AT&T could beat upcoming earnings estimates may be helping sentiment, as investors often bid up shares when expectations rise ahead of results. AT&T Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: AT&T is also being viewed as relatively undervalued by some market commentary, with articles noting the stock may look inexpensive versus its fundamentals and long-term performance. AT&T Stock Still Looks Like A Bargain Despite Satellite Threat Fears
• Neutral Sentiment: The company is moving ahead with technology initiatives such as 5G drone sensing and H2O AI deployment, which may support longer-term differentiation but are not likely to move the stock immediately.
• Negative Sentiment: AT&T customers are set to face higher monthly charges due to a fee increase, which could pressure customer sentiment and raise concerns about churn or affordability. AT&T customers to pay more as monthly fee jumps
• Negative Sentiment: Recent analyst caution tied to Starlink and a Scotiabank price-target cut may be weighing on sentiment, as investors reassess long-term competition and valuation in telecom. Starlink threat causes Bernstein to cut AT&T PTs

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.