AT&T Inc. $T is IVY Lane Capital Management LLC’s 3rd Largest Position

IVY Lane Capital Management LLC cut its stake in AT&T Inc. (NYSE:T) by 25.3% during the first quarter, HoldingsChannel reports. The firm owned 280,000 shares of the technology company’s stock after selling 95,000 shares during the period. AT&T accounts for about 12.3% of IVY Lane Capital Management LLC’s holdings, making the stock its 3rd largest position. IVY Lane Capital Management LLC’s holdings in AT&T were worth $8,117,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. IFM Investors Pty Ltd raised its stake in shares of AT&T by 5.3% during 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 acquiring an additional 74,684 shares in the last quarter. Parr Mcknight Wealth Management Group LLC bought a new position in AT&T in the first quarter worth approximately $2,901,000. Annex Advisory Services LLC increased its holdings in AT&T by 749.1% during the 4th quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock worth $3,964,000 after purchasing an additional 140,802 shares during the period. World Investment Advisors increased its holdings in AT&T by 85.0% during the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after purchasing an additional 155,728 shares during the period. Finally, Cerity Partners LLC increased its holdings in AT&T by 3.7% during the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock worth $41,449,000 after purchasing an additional 59,279 shares during the period. 57.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on T shares. Royal Bank Of Canada lowered their target price on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Monday. KeyCorp raised their price target on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Sanford C. Bernstein restated an “outperform” rating and issued a $25.00 price objective on shares of AT&T in a report on Monday, July 13th. Weiss Ratings lowered shares of AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday. Finally, Barclays dropped 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 equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $29.14.

AT&T News Summary

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

• Positive Sentiment: AT&T is heading into earnings with expectations for continued revenue and EPS growth, and recent previews suggest investors are watching for signs the company can keep its wireless momentum intact. AT&T (T) Q2 Earnings: What To Expect
• Positive Sentiment: AT&T was highlighted as one of the most engaging advertisers during the FIFA World Cup 2026, a small but positive visibility boost for the brand. Kalshi, Oura Ring, and AT&T Score the Most Engaging Ads of the FIFA World Cup 2026™
• Positive Sentiment: AT&T is also working on network-security tools to fight identity fraud and testing low-latency 5G mobility, which supports its long-term network investment story. AT&T (T) Takes On Identity Fraud While Testing Real Time 5G Mobility
• Neutral Sentiment: Large lobbying disclosures and congressional trading activity were reported, but these items are not likely to move the stock in the near term.
• Negative Sentiment: Investor concern is building around competitive pressure from SpaceX/Starlink speculation, which could weigh on sentiment toward AT&T’s wireless business if fears of new competition intensify. AT&T Stock Has a Big SpaceX Problem, and Earnings Won’t Solve It
• Negative Sentiment: RBC’s lower price target signals some softening in analyst enthusiasm, even though the firm still rates AT&T favorably. AT&T had its price target lowered by Royal Bank Of Canada
• Negative Sentiment: Reports that AT&T is raising prices again, including for lower-income customers, could hurt sentiment if investors worry about customer backlash or churn. AT&T is raising prices again, and this time low-income customers won’t be spared

AT&T Stock Up 1.5%

Shares of NYSE T opened at $22.27 on Wednesday. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. The stock has a market capitalization of $154.76 billion, a PE ratio of 7.47, a price-to-earnings-growth ratio of 0.86 and a beta of 0.24. The stock’s fifty day simple moving average is $22.86 and its two-hundred day simple moving average is $25.26. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business’s revenue was up 2.9% compared to the same quarter last year. During the same period last year, the business posted $0.51 EPS. As a group, analysts expect that AT&T Inc. will post 2.32 EPS for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be given a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 5.0%. AT&T’s dividend payout ratio (DPR) is presently 37.25%.

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.