Abel Hall LLC Makes New $578,000 Investment in AT&T Inc. $T

Abel Hall LLC bought a new position in AT&T Inc. (NYSE:T) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 23,672 shares of the technology company’s stock, valued at approximately $578,000.

Other institutional investors have also added to or reduced their stakes in the company. Fairway Wealth LLC bought a new stake in AT&T in the first quarter worth $29,000. Robinswood Financial LLC purchased a new stake in AT&T during the first quarter valued at about $29,000. Orion Capital Management LLC purchased a new stake in AT&T during the second quarter valued at about $26,000. Addison Advisors LLC bought a new position in shares of AT&T during the second quarter valued at about $27,000. Finally, North Point Portfolio Managers Corp OH bought a new position in shares of AT&T during the third quarter valued at about $34,000. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Down 0.9%

AT&T stock traded down $0.21 during trading hours on Monday, hitting $23.23. 31,577,704 shares of the stock traded hands, compared to its average volume of 48,501,379. AT&T Inc. has a one year low of $19.89 and a one year high of $29.43. The firm’s 50-day moving average price is $24.98 and its two-hundred day moving average price is $24.41. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The company has a market cap of $159.20 billion, a PE ratio of 7.69, a PEG ratio of 1.14 and a beta of 0.25.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts forecast that AT&T Inc. will post 2.33 EPS for the current year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.8%. The ex-dividend date is Friday, October 9th. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on T. The Goldman Sachs Group set a $30.00 target price on AT&T in a report on Wednesday, July 22nd. Scotiabank reduced their price target on AT&T from $27.50 to $26.50 and set a “sector perform” rating on the stock in a research report on Friday, October 9th. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Argus decreased their price target on AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Finally, BNP Paribas Exane upgraded AT&T from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from $26.00 to $30.00 in a research report on Monday, September 21st. Eleven analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given 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 a consensus target price of $29.05.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Expanded NBA and WNBA partnership: AT&T and the leagues launched a fourth-generation High-Speed Arena Network, backed by a multiyear extension of AT&T’s role as official connectivity partner. The platform should reinforce AT&T’s enterprise and venue-networking relationships, although the direct financial impact was not disclosed. AT&T, NBA and WNBA Launch Next-Generation Network Built for the Future of Basketball
• Positive Sentiment: Bundling and service guarantees could improve retention: AT&T’s broader customer guarantees, fiber-and-wireless bundling and partnerships with sports leagues and utilities could support recurring revenue and reduce churn. Investors will likely look for evidence that these initiatives improve customer loyalty and profitability. Service Guarantees And League Deals Could Change The Case For AT&T Stock
• Positive Sentiment: Income appeal remains a support: Several market commentaries continue to identify AT&T as a potentially defensive, high-yield telecom stock, particularly for investors seeking recurring income and relatively lower volatility. 5 High-Yield Stocks to Buy Now Before Your Retirement Starts
• Neutral Sentiment: Earnings are the next major catalyst: Analysts remain focused on whether fiber growth, wireless bundling and cost control can support AT&T’s full-year EPS outlook. Recent results beat EPS expectations but slightly missed revenue estimates, making the upcoming report important for validating the recovery narrative. AT&T Is in Trump’s Portfolio. Buy Before Earnings?
• Neutral Sentiment: Leadership transition: Long-serving executive Lori M. Lee is expected to retire at the end of 2026. The announcement may create limited uncertainty, though no immediate change to strategy was indicated. Service Guarantees And League Deals Could Change The Case For AT&T Stock
• Negative Sentiment: SpaceX spectrum deal raises competitive concerns: SpaceX’s reported $8 billion spectrum transaction has pressured major telecom stocks as investors assess the potential for stronger wireless competition and pricing pressure. SpaceX’s Spectrum Deal Hits Telecom Stocks

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.