IFP Advisors Inc Boosts Stock Holdings in AT&T Inc. $T

IFP Advisors Inc lifted its position in AT&T Inc. (NYSE:T) by 8.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 370,739 shares of the technology company’s stock after acquiring an additional 27,322 shares during the quarter. IFP Advisors Inc’s holdings in AT&T were worth $7,674,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. West Family Investments Inc. grew its holdings in shares of AT&T by 10.7% in the second quarter. West Family Investments Inc. now owns 32,435 shares of the technology company’s stock valued at $671,000 after acquiring an additional 3,138 shares in the last quarter. Waverly Advisors LLC grew its stake in AT&T by 157.1% in the 2nd quarter. Waverly Advisors LLC now owns 1,107,515 shares of the technology company’s stock valued at $22,926,000 after purchasing an additional 676,783 shares during the period. Empirical Finance LLC grew its stake in AT&T by 11.5% in the 2nd quarter. Empirical Finance LLC now owns 311,629 shares of the technology company’s stock valued at $6,451,000 after purchasing an additional 32,024 shares during the period. Nykredit A S bought a new position in AT&T in the 2nd quarter valued at $195,151,000. Finally, Brown Lisle Cummings Inc. increased its position in shares of AT&T by 13.2% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 52,960 shares of the technology company’s stock valued at $1,096,000 after purchasing an additional 6,170 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on T. TD Cowen lifted their target price on AT&T from $32.00 to $33.00 and gave the stock a “hold” rating in a research note on Thursday, July 23rd. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Morgan Stanley raised their price objective on shares of AT&T from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 price objective on shares of AT&T in a research report on Monday, July 13th. Finally, Wells Fargo & Company lifted their price objective on shares of AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued 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 a consensus target price of $29.19.

AT&T Stock Performance

Shares of T opened at $25.11 on Thursday. The firm has a market cap of $172.03 billion, a PE ratio of 8.31, a PEG ratio of 1.27 and a beta of 0.25. The stock’s fifty day moving average price is $23.76 and its two-hundred day moving average price is $25.08. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating 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%.The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts forecast that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 annualized dividend and a yield of 4.4%. AT&T’s dividend payout ratio is 36.75%.

More AT&T News

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

• Positive Sentiment: AT&T announced that it will become the first major U.S. telecommunications provider to offer business customers connectivity through Amazon Leo, Amazon’s low-Earth-orbit satellite broadband network. The service could extend AT&T’s connectivity reach in rural and hard-to-serve areas and complement its fiber and 5G networks, although commercial availability is not immediate. AT&T Becomes Amazon’s First Major Satellite Broadband Telecom Customer
• Positive Sentiment: Chief Executive Officer John Stankey’s Goldman Sachs Communacopia + Technology Conference update highlighted AT&T’s fiber and 5G investments, multi-year growth strategy, and structural connectivity advantages. Management reiterated the financial outlook and capital-allocation plan issued with second-quarter results, reducing the risk of a near-term guidance reset. AT&T Goldman Sachs Conference Transcript
• Positive Sentiment: AT&T elected Fazal F. Merchant as an independent director and expanded its board to 11 members. His assignments to the Audit Committee and Corporate Development and Finance Committee may strengthen financial oversight and strategic review. AT&T Elects Fazal F. Merchant to Board
• Neutral Sentiment: The Galaxy S26 FE launch and flexible smartphone pricing, upgrade options, and customer benefits could support wireless additions and customer satisfaction, but the financial effect is not yet measurable. AT&T Smartphone Offers
• Negative Sentiment: VoIP-Pal filed a third amended antitrust complaint naming AT&T, Verizon, and T-Mobile. The case remains unresolved, and any eventual legal costs, remedies, or regulatory scrutiny could weigh on sentiment, although no immediate financial impact was disclosed. VoIP-Pal Amended Antitrust Complaint
• Negative Sentiment: Recent internet outages affecting customers in Texas, including the Dallas-Fort Worth and Houston areas, were reportedly resolved or followed by company statements that the network was operating normally. Even temporary disruptions can raise customer-retention and service-reliability concerns. AT&T Internet Outages

AT&T Company Profile

AT&T Inc (NYSE:T) is a telecommunications company that provides wireless communications, broadband internet, voice, and related connectivity services. Its offerings include mobile phone and data plans, fiber-optic internet, fixed wireless access, traditional voice services, and networking solutions for businesses and government customers.

The company serves consumers, businesses, and public-sector organizations primarily across the United States. AT&T also provides wireless services in Mexico and operates extensive communications networks that support mobile connectivity, internet access, data transmission, and enterprise communications.

AT&T traces its history to the development of the Bell System and has evolved through a series of reorganizations and acquisitions.