B.A. Schrock Wealth Management Inc. purchased a new position in AT&T Inc. (NYSE:T – Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 65,159 shares of the technology company’s stock, valued at approximately $1,583,000.
A number of other institutional investors have also made changes to their positions in T. Bank of America Corp DE acquired a new position in AT&T in the second quarter valued at about $2,310,898,000. GQG Partners LLC bought a new position in AT&T during the second quarter worth about $1,223,364,000. Legal & General Group Plc bought a new position in AT&T during the second quarter worth about $960,695,000. State Street Corp boosted its holdings in AT&T by 5.8% during the second quarter. State Street Corp now owns 334,273,613 shares of the technology company’s stock worth $6,919,464,000 after buying an additional 18,468,679 shares during the last quarter. Finally, Nykredit A S acquired a new position in shares of AT&T during the 2nd quarter worth about $259,954,000. 57.10% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Mexico exit sharpens capital allocation: AT&T will sell AT&T Mexico to a 50/50 consortium of Grupo Televisa and Fintech Holdings for approximately $2 billion in cash, plus potential contractual and contingent payments. The deal, expected to close in the first quarter of 2027 pending regulatory approval, should provide cash and reduce exposure to a lower-priority international market. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
- Positive Sentiment: Investors are emphasizing growth and network investment: AT&T’s messaging has increasingly shifted from debt reduction toward expanding U.S. fiber and 5G, potentially supporting long-term subscriber growth and cash flow. The stock also trades at a low earnings multiple relative to the broader market, which may attract value and income investors. Why You Should Think About AT&T Differently Now?
- Positive Sentiment: Potential earnings upside: Analysts and Zacks expect AT&T to have favorable conditions for an earnings beat in its upcoming report. The consensus forecast is about $2.33 in full-year 2026 EPS, with one analyst recently raising its estimate to $2.34. AT&T Earnings Expected to Grow
- Neutral Sentiment: Settlement approved: A court approved a $177 million settlement related to two 2024 data breaches. The payment resolves litigation uncertainty but represents a corporate cost. AT&T Settlement Payout
- Negative Sentiment: Competitive concerns remain: Bernstein downgraded AT&T and lowered telecom price targets, citing the potential impact of SpaceX’s expanding wireless ambitions on traditional carriers.
Analyst Upgrades and Downgrades
Check Out Our Latest Stock Analysis on T
AT&T Price Performance
Shares of NYSE T opened at $23.07 on Thursday. AT&T Inc. has a fifty-two week low of $19.89 and a fifty-two week high of $29.43. The stock has a market capitalization of $158.06 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 1.14 and a beta of 0.25. 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 business has a 50-day moving average of $24.99 and a 200-day moving average of $24.49.
AT&T (NYSE:T – Get Free Report) last announced its quarterly earnings data 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 company 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%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts predict that AT&T Inc. will post 2.33 earnings per share for the current fiscal year.
AT&T Announces Dividend
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 issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio is presently 36.75%.
About AT&T
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.
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