AT&T Inc. $T Shares Purchased by National Pension Service

National Pension Service raised its stake in shares of AT&T Inc. (NYSE:T) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,847,086 shares of the technology company’s stock after acquiring an additional 442,283 shares during the period. National Pension Service owned approximately 0.26% of AT&T worth $369,435,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in T. Safe Harbor Fiduciary LLC acquired a new position in shares of AT&T in the fourth quarter valued at approximately $25,000. Blueline Advisors LLC acquired a new stake in shares of AT&T during the fourth quarter worth $26,000. Winnow Wealth LLC grew its position in AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after buying an additional 820 shares during the last quarter. Orion Capital Management LLC purchased a new position in AT&T in the 2nd quarter valued at $26,000. Finally, Addison Advisors LLC acquired a new position in AT&T in the 2nd quarter valued at $27,000. 57.10% of the stock is owned by institutional investors and hedge funds.

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

Analyst Upgrades and Downgrades

T has been the subject of several recent analyst reports. Scotiabank reduced their target price on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a research note on Wednesday, July 15th. Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Sanford C. Bernstein reiterated an “outperform” rating and set a $25.00 target price on shares of AT&T in a research report on Monday, July 13th. Royal Bank Of Canada cut their target price on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research note on Monday, July 20th. Finally, Barclays decreased their price target on 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. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and an average price target of $29.19.

AT&T Stock Down 1.9%

Shares of NYSE T opened at $25.11 on Thursday. The stock has a market capitalization of $172.03 billion, a price-to-earnings ratio of 8.31, a price-to-earnings-growth ratio of 1.27 and a beta of 0.25. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The firm has a 50-day moving average price of $23.76 and a 200 day moving average price of $25.08. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06.

AT&T (NYSE:T) last issued its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same period in the prior year, the business posted $0.54 earnings per share. The firm’s revenue for the quarter was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts anticipate that AT&T Inc. will post 2.34 EPS for the current fiscal year.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were issued a $0.2775 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. AT&T’s dividend payout ratio is currently 36.75%.

About AT&T

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.