Groupama Asset Managment Buys 1,493,831 Shares of AT&T Inc. $T

Groupama Asset Managment lifted its stake in shares of AT&T Inc. (NYSE:T) by 411.6% during the first quarter, HoldingsChannel.com reports. The fund owned 1,856,730 shares of the technology company’s stock after buying an additional 1,493,831 shares during the quarter. Groupama Asset Managment’s holdings in AT&T were worth $53,827,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after buying an additional 10,188 shares during the period. Osterweis Capital Management Inc. raised its holdings 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 valued at $180,000 after acquiring an additional 6,094 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings 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 valued at $775,000 after acquiring an additional 1,022 shares in the last quarter. HUB Investment Partners LLC lifted its stake in AT&T by 19.6% in the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after acquiring an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp lifted its stake in AT&T by 1.8% in the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after acquiring an additional 3,677 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Trading Up 0.2%

Shares of AT&T stock opened at $23.27 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. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The firm has a market capitalization of $159.44 billion, a price-to-earnings ratio of 7.70, a PEG ratio of 0.94 and a beta of 0.24. The firm’s 50 day simple moving average is $22.69 and its two-hundred day simple moving average is $25.22.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts predict that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be issued a $0.2775 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. AT&T’s dividend payout ratio is currently 36.75%.

Wall Street Analyst Weigh In

T has been the topic of several recent research reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $25.00 target price on shares of AT&T in a report on Monday, July 13th. Royal Bank Of Canada reduced their price target on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Monday, July 20th. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Scotiabank dropped their price objective on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research note on Wednesday, July 15th. Finally, Weiss Ratings lowered shares of AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, July 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $29.19.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T completed its EchoStar spectrum transaction, bringing 3.45 GHz spectrum into nationwide service. The additional mid-band capacity could improve 5G speed and network performance, although the acquired 600 MHz spectrum is not yet ready for deployment. The deal represents a major investment—reported at approximately $23 billion—but could support long-term wireless competitiveness. AT&T closes EchoStar spectrum deal
• Positive Sentiment: AT&T signed a master services agreement with AZIO AI to provide fiber connectivity for AZIO’s planned 500-megawatt Texas AI data-center campus. The agreement supports AT&T’s growth in enterprise connectivity and AI-related infrastructure, though financial terms were not disclosed. AZIO AI executes fiber agreement with AT&T
• Positive Sentiment: AT&T is expanding its use of D-Wave’s quantum-computing technology, highlighting potential longer-term benefits from network optimization and emerging technology partnerships. The financial impact remains limited and uncertain in the near term. AT&T expands use of D-Wave technology
• Neutral Sentiment: AT&T is raising prices for additional legacy wireless plans beginning in August. Higher average revenue per customer could help offset costs, but price increases may increase churn or accelerate migration to newer plans. AT&T raises prices for legacy plans
• Negative Sentiment: Erste Group Bank slightly lowered its FY2027 EPS forecast for AT&T to $2.55 from $2.56. The reduction is small, and the estimate remains above the broader full-year consensus of $2.34, but it represents a modest earnings-growth caution. Erste Group Bank view of AT&T earnings

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.