IFM Investors Pty Ltd Boosts Stock Position in AT&T Inc. $T

IFM Investors Pty Ltd boosted its position in AT&T Inc. (NYSE:T) by 5.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,488,172 shares of the technology company’s stock after purchasing an additional 74,684 shares during the quarter. IFM Investors Pty Ltd’s holdings in AT&T were worth $43,142,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of T. Alley Investment Management Company LLC boosted its holdings in shares of AT&T by 25.3% in the 1st quarter. Alley Investment Management Company LLC now owns 212,637 shares of the technology company’s stock valued at $6,164,000 after buying an additional 42,909 shares in the last quarter. Rexford Capital Inc. grew its position in shares of AT&T by 587.0% in the 1st quarter. Rexford Capital Inc. now owns 2,061 shares of the technology company’s stock worth $60,000 after buying an additional 1,761 shares during the last quarter. Severin Investments LLC raised its stake in shares of AT&T by 8.0% during the 1st quarter. Severin Investments LLC now owns 43,794 shares of the technology company’s stock worth $1,270,000 after acquiring an additional 3,250 shares in the last quarter. Bayban raised its stake in shares of AT&T by 74.5% during the 1st quarter. Bayban now owns 7,079 shares of the technology company’s stock worth $205,000 after acquiring an additional 3,023 shares in the last quarter. Finally, iA Global Asset Management Inc. lifted its position in AT&T by 7,818.2% during the first quarter. iA Global Asset Management Inc. now owns 823,497 shares of the technology company’s stock valued at $23,873,000 after acquiring an additional 813,097 shares during the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

T has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. KeyCorp upped their price target on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday, March 25th. Citigroup increased their price objective on AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a report on Monday, March 23rd. Morgan Stanley started coverage on AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price objective for the company. Finally, Weiss Ratings downgraded AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $30.55.

AT&T Stock Down 5.2%

T stock opened at $20.70 on Wednesday. The firm has a 50 day moving average of $24.21 and a 200 day moving average of $25.60. The stock has a market capitalization of $143.80 billion, a PE ratio of 6.94, a price-to-earnings-growth ratio of 0.89 and a beta of 0.21. 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 Inc. has a 52 week low of $20.57 and a 52 week high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. AT&T’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts forecast that AT&T Inc. will post 2.31 earnings per share for the current year.

AT&T Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.4%. AT&T’s payout ratio is 37.25%.

AT&T News Summary

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

• Positive Sentiment: AT&T announced an expansion of its Build-A-Plan offering, making wireless plans more customizable and easier to bundle with home internet, which could support customer growth and reduce churn. Article title
• Neutral Sentiment: AT&T is heading into its next earnings report with analysts expecting only modest earnings growth, so investors are watching for guidance rather than a major surprise. Article title
• Neutral Sentiment: Commentary around AT&T’s valuation and dividend yield continues to frame the stock as a high-yield telecom name, but that support has been overshadowed by recent market selling and index-related pressure. Article title
• Negative Sentiment: Reports that SpaceX may enter the mobile phone market intensified fears of new competition for AT&T’s wireless business, contributing to selling across telecom stocks. Article title
• Negative Sentiment: AT&T was also hit by broader telecom-sector weakness after reports of satellite connectivity developments, plus concerns about competitive and regulatory headwinds and the CFO’s planned retirement. Article title
• Negative Sentiment: AT&T hit a new 52-week low, underscoring weak technical momentum and reinforcing bearish trader sentiment. Article title

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.