Allworth Financial LP Has $23.65 Million Stock Position in AT&T Inc. $T

Allworth Financial LP cut its holdings in shares of AT&T Inc. (NYSE:T) by 2.9% in the 2nd quarter, HoldingsChannel reports. The fund owned 1,142,510 shares of the technology company’s stock after selling 33,934 shares during the period. Allworth Financial LP’s holdings in AT&T were worth $23,650,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in T. Safe Harbor Fiduciary LLC acquired a new position in AT&T during the 4th quarter valued at about $25,000. Blueline Advisors LLC purchased a new stake in shares of AT&T in the fourth quarter worth approximately $26,000. Winnow Wealth LLC lifted its holdings 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 purchasing an additional 820 shares in the last quarter. Orion Capital Management LLC bought a new position in shares of AT&T in the second quarter valued at approximately $26,000. Finally, Addison Advisors LLC purchased a new position in shares of AT&T during the second quarter valued at approximately $27,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on T shares. Weiss Ratings upgraded AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective on the stock in a research note on Thursday, July 23rd. Morgan Stanley lifted their price objective on shares of AT&T from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Royal Bank Of Canada reduced their target price on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. Finally, TD Cowen increased their target price on shares of AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a report on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and an average price target of $29.19.

AT&T News Summary

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

• Positive Sentiment: CEO John Stankey will speak at the Goldman Sachs Communacopia + Technology Conference on September 9, offering investors an update on AT&T’s multiyear growth strategy. The company plans to highlight its fiber and 5G investments and reiterated its previously issued financial outlook and capital-allocation plan, reducing the risk of a negative guidance surprise. John Stankey to Update Shareholders at Goldman Sachs Communacopia + Technology Conference
• Positive Sentiment: AT&T is expanding its smartphone lineup with Samsung’s Galaxy S26 FE, flexible pricing and upgrade options. The offering could support customer satisfaction, device upgrades and wireless retention, although the financial benefit will depend on subscriber adoption and promotional costs. Can AT&T’s Latest Smartphone Offers Boost Customer Satisfaction?
• Neutral Sentiment: AT&T provided technical support for Dallas’ Republican midterm convention. The event is not expected to materially affect earnings, but political involvement could draw additional public attention to the company.
• Negative Sentiment: VoIP-Pal filed a third amended antitrust complaint naming AT&T, Verizon and T-Mobile in federal court. The streamlined case adds legal and reputational uncertainty, though the filing itself does not establish liability or indicate an immediate financial impact. VoIP-Pal Files Third Amended Complaint Against AT&T, Verizon, and T-Mobile
• Negative Sentiment: Internet outages were reported in parts of Texas, including Dallas–Fort Worth and Houston. Service was subsequently reported as operating normally, limiting the likely financial effect, but repeated disruptions could hurt customer satisfaction and increase churn concerns.

AT&T Stock Performance

Shares of T stock traded down $0.07 during trading on Tuesday, hitting $25.61. The company’s stock had a trading volume of 39,858,464 shares, compared to its average volume of 49,200,719. The company has a market cap of $175.49 billion, a PE ratio of 8.48, a P/E/G ratio of 1.27 and a beta of 0.25. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The business has a fifty day moving average of $23.57 and a 200-day moving average of $25.11. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.AT&T’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the business 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 anticipate that AT&T Inc. will post 2.34 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.3%. AT&T’s dividend payout ratio (DPR) is currently 36.75%.

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.