CI Investments Inc. Sells 75,322 Shares of AT&T Inc. $T

CI Investments Inc. lowered its position in shares of AT&T Inc. (NYSE:T) by 1.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 5,216,921 shares of the technology company’s stock after selling 75,322 shares during the period. AT&T accounts for 0.7% of CI Investments Inc.’s investment portfolio, making the stock its 26th largest holding. CI Investments Inc.’s holdings in AT&T were worth $151,239,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of T. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T during the 4th quarter valued at $25,000. Safe Harbor Fiduciary LLC purchased a new position in shares of AT&T during the 4th quarter valued at $25,000. Cresta Advisors Ltd. bought a new position in AT&T in the 4th quarter worth $26,000. Blueline Advisors LLC bought a new position in AT&T in the 4th quarter worth $26,000. Finally, Winnow Wealth LLC increased its stake in AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after buying an additional 820 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

More AT&T News

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

Analyst Ratings Changes

T has been the topic of a number of recent analyst reports. Sanford C. Bernstein reissued an “outperform” rating and set a $25.00 price target on shares of AT&T in a report on Monday, July 13th. Barclays dropped their price objective on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. BNP Paribas Exane cut their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. KeyCorp lifted their target price on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research note on Wednesday, March 25th. Finally, Wells Fargo & Company started coverage on AT&T in a report on Wednesday, July 8th. They issued an “underweight” rating and a $18.00 price target on the stock. One 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 given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.14.

AT&T Stock Performance

T opened at $22.27 on Wednesday. The stock has a market capitalization of $154.76 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 0.86 and a beta of 0.24. The company has a fifty day moving average of $22.86 and a 200 day moving average of $25.26. AT&T Inc. has a fifty-two week low of $19.89 and a fifty-two week high of $29.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92.

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 company had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. AT&T’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.51 EPS. As a group, sell-side analysts forecast that AT&T Inc. will post 2.32 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a dividend of $0.2775 per share. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend 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.