Sei Investments Co. Purchases 2,506,319 Shares of AT&T Inc. $T

Sei Investments Co. grew its position in shares of AT&T Inc. (NYSE:T) by 36.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 9,367,726 shares of the technology company’s stock after acquiring an additional 2,506,319 shares during the period. Sei Investments Co.’s holdings in AT&T were worth $271,570,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of T. IFM Investors Pty Ltd grew its position in AT&T by 5.3% during the 1st quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock worth $43,142,000 after acquiring an additional 74,684 shares during the last quarter. Parr Mcknight Wealth Management Group LLC bought a new stake in AT&T in the first quarter valued at approximately $2,901,000. Annex Advisory Services LLC lifted its position in AT&T by 749.1% in the fourth quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock valued at $3,964,000 after purchasing an additional 140,802 shares during the last quarter. World Investment Advisors lifted its position in AT&T by 85.0% in the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock valued at $8,419,000 after purchasing an additional 155,728 shares during the last quarter. Finally, Cerity Partners LLC boosted its stake in shares of AT&T by 3.7% during the fourth quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock valued at $41,449,000 after purchasing an additional 59,279 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T News Roundup

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

• Positive Sentiment: AT&T beat Q2 adjusted EPS expectations at $0.65 versus roughly $0.59 expected, helping reinforce the company’s earnings momentum. AT&T Delivers Strong Second-Quarter Results as Investment-Led Strategy Gains Momentum
• Positive Sentiment: The company added more than 1 million advanced connectivity customers, including strong postpaid phone and broadband growth, which suggests its wireless and fiber strategy is gaining traction. AT&T tops targets for wireless subscriber additions as bundle offers gain traction
• Positive Sentiment: Free cash flow improved and AT&T reiterated its full-year 2026 guidance while signaling faster buybacks, which is supportive of shareholder returns and valuation. AT&T’s stock rises after earnings. Here’s why investors are cheering.
• Neutral Sentiment: Revenue came in slightly below estimates, so the report was not a clean beat across all metrics even though profits and subscriptions were strong. AT&T (NYSE:T) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings
• Neutral Sentiment: Investor attention remains focused on competition from satellite players like SpaceX/Starlink, but management pushed back on those fears, suggesting the threat may be overstated for now. Why AT&T Stock Rallied Today

AT&T Stock Up 3.5%

Shares of AT&T stock opened at $23.04 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’s fifty day simple moving average is $22.83 and its two-hundred day simple moving average is $25.25. The company has a market cap of $160.06 billion, a P/E ratio of 7.73, a PEG ratio of 0.88 and a beta of 0.24. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. During the same period in the prior year, the business earned $0.54 EPS. The company’s revenue for the quarter 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 2.32 EPS for the current year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Friday, July 10th. AT&T’s dividend payout ratio is presently 37.25%.

Wall Street Analyst Weigh In

T has been the topic of several recent analyst reports. Morgan Stanley cut their target price on shares of AT&T from $30.00 to $25.00 and set an “overweight” rating on the stock in a report on Tuesday, July 7th. Barclays lowered their price target on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Wolfe Research raised shares of AT&T from a “peer perform” rating to an “outperform” rating in a research report on Thursday. Wells Fargo & Company initiated coverage on shares of AT&T in a report on Wednesday, July 8th. They issued an “underweight” rating and a $18.00 price target on the stock. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $25.00 price objective on shares of AT&T in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.