37,079 Shares in AT&T Inc. $T Purchased by Sterling Investment Management LLC

Sterling Investment Management LLC bought a new stake in AT&T Inc. (NYSE:T) in the 3rd quarter, Holdings Channel.com reports. The fund bought 37,079 shares of the technology company’s stock, valued at approximately $905,000.

Several other large investors have also recently bought and sold shares of T. Forum Financial Management LP boosted its position in shares of AT&T by 2.3% during the third quarter. Forum Financial Management LP now owns 48,052 shares of the technology company’s stock worth $1,172,000 after purchasing an additional 1,061 shares in the last quarter. Avail Investment Partners LLC grew its holdings in shares of AT&T by 26.8% in the 3rd quarter. Avail Investment Partners LLC now owns 18,506 shares of the technology company’s stock valued at $452,000 after buying an additional 3,911 shares during the period. Eagle Strategies LLC grew its holdings in shares of AT&T by 8.6% in the 3rd quarter. Eagle Strategies LLC now owns 42,799 shares of the technology company’s stock valued at $1,044,000 after buying an additional 3,400 shares during the period. Mosley Wealth Management increased its position in shares of AT&T by 21.2% in the 3rd quarter. Mosley Wealth Management now owns 22,411 shares of the technology company’s stock valued at $527,000 after buying an additional 3,921 shares in the last quarter. Finally, TD Waterhouse Canada Inc. increased its position in shares of AT&T by 2.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,551,549 shares of the technology company’s stock valued at $38,256,000 after buying an additional 38,498 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

T opened at $23.44 on Friday. The business’s 50-day moving average price is $24.98 and its two-hundred day moving average price is $24.44. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.43. The company has a market capitalization of $160.65 billion, a price-to-earnings ratio of 7.76, a P/E/G ratio of 1.14 and a beta of 0.25. 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 (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 company had revenue of $31.56 billion for 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 quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the company posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts expect that AT&T Inc. will post 2.33 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio (DPR) is currently 36.75%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Mexico exit supports U.S. investment: AT&T agreed to sell its Mexican wireless operations to Grupo Televisa and Fintech Holdings for approximately $2 billion. Management plans to redirect resources toward U.S. fiber and 5G, while the transaction should simplify AT&T’s international footprint and provide additional financial flexibility. AT&T Agrees To Exit Its Mexican Wireless Business
• Positive Sentiment: Fiber expansion remains a growth priority: AT&T’s $5.75 billion acquisition of Lumen Technologies’ consumer fiber business adds more than 1 million subscribers and reaches over 4 million locations. The deal could accelerate broadband expansion and strengthen AT&T’s ability to bundle fiber with wireless services. AT&T Does Buying Fiber Create More Value Than Building It?
• Positive Sentiment: AT&T expanded its customer-service guarantee, promising access to an expert within five minutes or a callback, with additional support for customers combining fiber and wireless services. The initiative could aid customer retention, although its direct financial impact is uncertain. AT&T Expands America’s Best Guarantee
• Neutral Sentiment: Construction of AT&T’s planned $1 billion-plus Plano headquarters campus is expected to begin December 1, with completion targeted for March 2029. The project reinforces its corporate presence but represents a substantial long-term capital commitment. AT&T Plano Headquarters Construction Eyed for December 1 Start
• Neutral Sentiment: Investors are awaiting third-quarter results on October 21. Beyond revenue and EPS, attention will likely center on wireless subscribers, broadband growth, cash flow, and management’s outlook. Countdown to AT&T Q3 Earnings
• Negative Sentiment: Bernstein downgraded AT&T to Market Perform amid concerns that SpaceX’s satellite connectivity could increase competitive pressure on traditional wireless operators. The downgrade adds near-term selling pressure ahead of earnings. AT&T Stock Downgraded Over SpaceX

Analyst Upgrades and Downgrades

T has been the topic of several research analyst reports. The Goldman Sachs Group set a $30.00 price objective on AT&T in a research note on Wednesday, July 22nd. Scotiabank decreased their target price on AT&T from $27.50 to $26.50 and set a “sector perform” rating for the company in a research note on Friday, October 9th. TD Cowen boosted their target price on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price target for the company in a report on Thursday, July 23rd. Finally, Barclays lowered their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.05.

AT&T Profile

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.