AT&T Inc. $T Shares Sold by Nwam LLC

Posted by Brian Himes on Sep 2nd, 2026

AT&T logo Nwam LLC decreased its position in AT&T Inc. (NYSE:T – Free Report) by 22.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 82,802 shares of the technology company’s stock after selling 24,408 shares during the quarter. Nwam LLC’s holdings in AT&T were worth $1,714,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after buying an additional 10,188 shares in the last quarter. Osterweis Capital Management Inc. lifted its stake in AT&T by 4,352.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after acquiring an additional 6,094 shares in the last quarter. Main Street Financial Solutions LLC lifted its stake in AT&T by 4.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after acquiring an additional 1,022 shares in the last quarter. HUB Investment Partners LLC boosted its holdings in AT&T by 19.6% during the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock valued at $1,613,000 after acquiring an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in AT&T by 1.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock valued at $5,992,000 after acquiring an additional 3,677 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Key AT&T News

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

Positive Sentiment: Investor reaction to AT&T’s CFO transition was reportedly favorable, contributing to a broader rally in several blue-chip stocks after CFO changes. The market may view the move as a potential catalyst for improved execution or capital allocation. CFO Turnover at AT&T, Caterpillar, and Pfizer Sparked Rallies
Positive Sentiment: AT&T’s operating performance is improving: second-quarter consolidated operating income rose 8.3% year over year to $7.04 billion, while adjusted EBITDA increased 5.2% to $12.34 billion. Growth is being attributed to 5G and fiber scale, cost savings, and bundled services. AT&T Benefits From Margin Expansion
Positive Sentiment: AT&T is being highlighted as an attractive income stock as investors seek cash flow and dividend yields amid concerns about elevated AI-related valuations. Its post-media strategy centers on fiber expansion and 5G connectivity. Three Stocks for Investors Who Still Believe Cash Is King
Neutral Sentiment: Analysts remain moderately optimistic, but AT&T has underperformed other telecom-services stocks. The comparison suggests investors may want clearer evidence that its growth and margin improvements can persist. How Is AT&T’s Stock Performance Compared to Telecom Services Stocks
Neutral Sentiment: AT&T’s valuation and dividend profile remain central to the investment case versus Verizon, with AT&T emphasizing fiber and 5G while Verizon benefits from a larger wireless base and recent fiber acquisitions. Better Telecom Stock: AT&T vs. Verizon Communications
Negative Sentiment: Although AT&T’s dividend is viewed as more stable after its 2022 payout cut, its safety remains an investor concern. Sustaining the dividend will depend on continued cash-flow growth, disciplined capital spending, and debt management. Is AT&T’s Dividend Finally Safe Again?

Analysts Set New Price Targets

T has been the topic of a number of recent research reports. TD Cowen boosted their price target on shares of AT&T from $32.00 to $33.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Morgan Stanley raised their price objective on shares of AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, July 23rd. Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $25.00 target price on shares of AT&T in a research note on Monday, July 13th. Finally, Barclays reduced their target price on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.19.

View Our Latest Stock Analysis on AT&T

AT&T Price Performance

T stock opened at $26.03 on Wednesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The firm has a market capitalization of $178.37 billion, a P/E ratio of 8.62, a P/E/G ratio of 1.28 and a beta of 0.25. The business’s 50-day moving average is $23.29 and its two-hundred day moving average is $25.19. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.79.

AT&T (NYSE:T – Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The business had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. During the same period in the previous year, the company posted $0.54 earnings per share. The business’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. Analysts anticipate that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.3%. The ex-dividend date was Friday, July 10th. AT&T’s payout ratio is 36.75%.

About AT&T

(Free Report)

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.