AT&T Inc. (NYSE:T – Get Free Report)’s stock price traded up 1.3% during mid-day trading on Monday . The company traded as high as $24.52 and last traded at $24.4350. Approximately 74,225,479 shares traded hands during trading, an increase of 45% from the average session volume of 51,334,801 shares. The stock had previously closed at $24.13.
Key Headlines Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: 5G home internet growth is accelerating. AT&T’s Internet Air service reached 2 million subscribers, with the second million added in roughly half the time required to reach the first. More than half of customers also use AT&T wireless service, supporting customer retention, cross-selling and revenue growth. AT&T Internet Air Doubles Subscribers in Almost Half the Time
- Positive Sentiment: The EchoStar spectrum acquisition strengthens AT&T’s 5G network. AT&T completed its approximately $23 billion purchase of wireless licenses, adding about 50 MHz of nationwide spectrum—30 MHz in the 3.45 GHz mid-band and 20 MHz in the 600 MHz low-band. The additional capacity could improve network speed, coverage and long-term competitiveness. AT&T also reaffirmed its previously issued financial outlook and capital-allocation plans. AT&T closes $23 billion deal to acquire spectrum from EchoStar
- Positive Sentiment: AT&T expanded its partnership with D-Wave Quantum (NYSE: QBTS). D-Wave’s technology reportedly reduced a network-optimization task from 60 minutes to 15 seconds, with potential applications in outage detection, traffic management and technician routing. The efficiency gains could eventually reduce operating costs, although the near-term financial impact appears limited. D-Wave’s AT&T Deal Shows Quantum Computing Is Moving Beyond Theory
- Neutral Sentiment: Erste Group Bank modestly raised its 2026 EPS estimate for AT&T to $2.33 from $2.32, broadly in line with the $2.34 analyst consensus. The small revision provides limited incremental support for the stock. AT&T analyst estimates
- Negative Sentiment: The $23 billion spectrum purchase increases financial and execution pressure. Although the licenses enhance AT&T’s network position, investors may be concerned about the upfront cost, leverage and the time required to generate adequate returns. That concern may explain why the stock has weakened even as subscriber growth and strategic news remain encouraging. AT&T Closes Acquisition of Spectrum Licenses from EchoStar
Analysts Set New Price Targets
T has been the topic of several analyst reports. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price target for the company in a research report on Thursday, July 23rd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 price objective on shares of AT&T in a report on Monday, July 13th. Finally, Royal Bank Of Canada cut their price objective on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research 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’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $29.19.
AT&T Stock Down 0.9%
The firm has a 50 day simple moving average of $22.79 and a two-hundred day simple moving average of $25.24. 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 stock has a market cap of $167.51 billion, a P/E ratio of 8.08, a P/E/G ratio of 0.99 and a beta of 0.24.
AT&T (NYSE:T – Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The company’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts predict that AT&T Inc. will post 2.34 earnings per share for the current year.
AT&T Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Friday, July 10th. AT&T’s payout ratio is 36.75%.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in T. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T in the 4th quarter worth $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T during the fourth quarter valued at about $25,000. Cresta Advisors Ltd. acquired a new position in AT&T during the fourth quarter worth about $26,000. Blueline Advisors LLC acquired a new position in AT&T during the fourth quarter worth about $26,000. Finally, Winnow Wealth LLC raised its position in AT&T by 362.8% in the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after acquiring an additional 820 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.
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.
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