Silver Oak Securities Incorporated Sells 35,029 Shares of AT&T Inc. $T

Silver Oak Securities Incorporated lessened its holdings in AT&T Inc. (NYSE:T) by 25.5% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 102,142 shares of the technology company’s stock after selling 35,029 shares during the quarter. Silver Oak Securities Incorporated’s holdings in AT&T were worth $2,961,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of AT&T by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock valued at $16,495,144,000 after purchasing an additional 3,585,661 shares during the last quarter. State Street Corp grew its stake in shares of AT&T by 2.6% in the 4th quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock worth $8,249,109,000 after buying an additional 8,314,678 shares during the last quarter. Bank of America Corp DE increased its position in AT&T by 3.5% during the 4th quarter. Bank of America Corp DE now owns 119,742,478 shares of the technology company’s stock valued at $2,974,403,000 after buying an additional 4,079,062 shares in the last quarter. Norges Bank bought a new position in AT&T during the 4th quarter valued at approximately $2,181,977,000. Finally, Capital Research Global Investors raised its stake in AT&T by 0.6% during the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock valued at $1,852,765,000 after buying an additional 370,455 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: AT&T declared a quarterly dividend of $0.2775 per common share, reinforcing its appeal to income-focused investors and signaling continued capital returns. AT&T Declares Dividends on Common and Preferred Shares
• Positive Sentiment: AT&T also announced a continued collaboration with Intrado to support next-generation 9-1-1 services, which may help strengthen its network capabilities and compliance with FCC requirements. Intrado and AT&T Strengthen Longstanding Collaboration to Support NG 9-1-1 Innovation
• Neutral Sentiment: Some coverage highlighted AT&T as a telecom stock to watch and noted its fiber-expansion strategy, but this was largely a broad industry commentary rather than a new company-specific catalyst. The Zacks Analyst Blog Highlights Visa, TotalEnergies, AT&T, Tredegar and Geospace
• Negative Sentiment: AT&T is under pressure from California regulatory resistance to its copper-network retirement plans, creating a policy overhang for the stock. What California’s Regulatory Resistance Means For AT&T Stock
• Negative Sentiment: AT&T was cited as falling more than the broader market, reflecting weakness in the stock during a risk-off session for communication services. Here’s Why AT&T (T) Fell More Than Broader Market

AT&T Price Performance

Shares of T opened at $22.34 on Thursday. AT&T Inc. has a twelve month low of $21.99 and a twelve month high of $29.79. The company has a market capitalization of $155.26 billion, a P/E ratio of 7.50, a price-to-earnings-growth ratio of 0.95 and a beta of 0.21. The firm has a 50 day moving average of $24.54 and a 200 day moving average of $25.68. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:T) last released its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business had revenue of $31.51 billion for the quarter, compared to analysts’ expectations of $31.29 billion. During the same period in the prior year, the firm posted $0.51 EPS. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

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

Analyst Upgrades and Downgrades

Several research firms have commented on T. Morgan Stanley initiated coverage on AT&T in a report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 target price on the stock. Scotiabank reduced their price target on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, April 23rd. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Weiss Ratings cut shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. Finally, BNP Paribas Exane cut their price objective on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $30.55.

AT&T Profile

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.