AT&T Inc. $T Shares Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC grew its position in AT&T Inc. (NYSE:T – Free Report) by 57.9% in the 3rd quarter, Holdings Channel.com reports. The firm owned 138,902 shares of the technology company’s stock after buying an additional 50,918 shares during the period. Sanders Morris Harris LLC’s holdings in AT&T were worth $3,479,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in T. IFM Investors Pty Ltd lifted its holdings in shares of AT&T by 5.3% in the first quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock valued at $43,142,000 after buying an additional 74,684 shares during the period. Parr Mcknight Wealth Management Group LLC bought a new position in AT&T during the first quarter valued at about $2,901,000. Sound Income Strategies LLC boosted its stake in AT&T by 19.8% during the third quarter. Sound Income Strategies LLC now owns 754,818 shares of the technology company’s stock valued at $18,772,000 after buying an additional 124,997 shares in the last quarter. Orographic Financial Advisors LLC bought a new position in AT&T during the first quarter valued at about $3,449,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. grew its holdings in AT&T by 34.5% during the second quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 1,075,110 shares of the technology company’s stock worth $22,255,000 after acquiring an additional 275,985 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Price Performance

Shares of NYSE T traded up $0.22 during trading on Wednesday, hitting $23.07. The company had a trading volume of 57,736,876 shares, compared to its average volume of 48,580,367. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.43. The company has a market cap of $158.06 billion, a P/E ratio of 7.64, a PEG ratio of 1.12 and a beta of 0.25. 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 business’s 50-day moving average is $24.99 and its 200 day moving average is $24.53.

AT&T (NYSE:T – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $31.56 billion for 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%. AT&T’s revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the business posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts predict that AT&T Inc. will post 2.33 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio (DPR) is 36.75%.

Wall Street Analyst Weigh In

T has been the topic of several research reports. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Wells Fargo & Company raised their price objective on shares of AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday, July 23rd. KeyCorp restated an “overweight” rating and set a $36.00 price objective on shares of AT&T in a research report on Wednesday, October 7th. Weiss Ratings raised shares of AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Finally, Barclays lowered their price objective on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Eleven research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.05.

Get Our Latest Stock Report on T

Key Headlines Impacting AT&T

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

  • Positive Sentiment: AT&T agreed to sell its Mexican wireless business to a consortium of Grupo Televisa and Fintech Holdings for $2 billion in cash, plus potential contractual and contingent benefits. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval, and should allow AT&T to concentrate capital on U.S. fiber and 5G expansion. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
  • Positive Sentiment: Analysts and earnings previews point to potential earnings growth and a possible consensus-beating quarterly report. AT&T previously exceeded EPS expectations, and the company’s full-year 2026 guidance remains $2.25 to $2.35 per share, supporting the investment case at a low valuation multiple. AT&T Earnings Expected to Grow
  • Positive Sentiment: The Mexico divestiture reinforces management’s changing priorities: rather than emphasizing debt reduction alone, AT&T is increasingly highlighting focused capital allocation and investment in its U.S. connectivity businesses. The stock trades at roughly 7.4 times earnings versus about 22.5 times for the S&P 500, which may attract value and income investors. Why You Should Think About AT&T Differently Now?
  • Neutral Sentiment: A court approved a $177 million settlement covering two 2024 AT&T data breaches. The payment creates a legal cost and reputational overhang, although the settlement resolves the associated claims. AT&T Settlement Payout
  • Negative Sentiment: Bernstein downgraded AT&T and reduced telecom-sector price targets, citing potential disruption from SpaceX’s expanding wireless ambitions. Competitive pressure could challenge subscriber growth and pricing across the industry. AT&T Stock Rises Despite a Downgrade on SpaceX Competition

AT&T Company Profile

(Free Report)

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.

Further Reading

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Institutional Ownership by Quarter for AT&T (NYSE:T)

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