iA Global Asset Management Inc. Has $363,000 Stock Position in AT&T Inc. $T

iA Global Asset Management Inc. lowered its stake in AT&T Inc. (NYSE:T) by 97.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,530 shares of the technology company’s stock after selling 805,967 shares during the quarter. iA Global Asset Management Inc.’s holdings in AT&T were worth $363,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in T. Vanguard Group Inc. increased its holdings in AT&T by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after purchasing an additional 3,585,661 shares in the last quarter. State Street Corp raised 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 valued at $8,249,109,000 after purchasing an additional 8,314,678 shares during the period. Bank of America Corp DE lifted its holdings in shares of AT&T by 4.6% in the first quarter. Bank of America Corp DE now owns 125,191,700 shares of the technology company’s stock valued at $3,629,307,000 after purchasing an additional 5,449,222 shares in the last quarter. Norges Bank acquired a new position in shares of AT&T during the fourth quarter worth about $2,181,977,000. Finally, Bank of New York Mellon Corp boosted its position in shares of AT&T by 12.7% during the first quarter. Bank of New York Mellon Corp now owns 72,764,509 shares of the technology company’s stock worth $2,109,443,000 after buying an additional 8,197,935 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Barclays dropped their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, July 8th. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. Weiss Ratings raised shares of AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Royal Bank Of Canada lowered their price objective on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. Finally, Argus cut their price objective on shares of AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $29.19.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T is reinforcing its Hawaiian network and deploying disaster-response resources ahead of Tropical Storm Lala. The effort could strengthen customer trust and satisfaction, though the financial impact is likely modest unless it improves retention or attracts new subscribers. Can AT&T’s Disaster Connectivity Efforts Drive Customer Satisfaction?
• Positive Sentiment: AT&T’s chief marketing officer said customers with strong “brand love” are three times less likely to leave, 50% more likely to purchase a second product and less expensive to acquire. If sustained, those trends could lower churn and customer-acquisition costs while supporting revenue growth and profitability. AT&T’s CMO tied brand love to customer economics
• Positive Sentiment: One comparison concludes AT&T offers more upside potential than SpaceX based on stronger recent performance, a cheaper valuation and its 2026 growth outlook. This reinforces the value case behind AT&T’s low earnings multiple, although it does not represent a new company forecast. AT&T vs. SpaceX
• Neutral Sentiment: A post-earnings-sector review benchmarks AT&T against wireless, cable and satellite peers, offering broader context on its second-quarter performance but no clearly identified new catalyst in the available report. Wireless, Cable and Satellite Stocks Q2 Recap
• Negative Sentiment: Although AT&T has more than doubled over three years and still looks inexpensive on several valuation measures, its weaker recent performance and slower growth raise questions about how much further the shares can advance. AT&T Stock Still Looks a Bargain on Earnings but Weaker on Growth
• Negative Sentiment: SpaceX’s ambitions to capture a large share of internet traffic highlight a longer-term competitive threat to traditional connectivity providers, even though current comparisons favor AT&T’s valuation and outlook. SpaceX Internet Traffic Ambitions

AT&T Stock Performance

Shares of T stock opened at $24.89 on Friday. The company has a fifty day moving average price of $22.62 and a two-hundred day moving average price of $25.25. AT&T Inc. has a one year low of $19.89 and a one year high of $29.79. The stock has a market cap of $170.58 billion, a P/E ratio of 8.24, a P/E/G ratio of 1.01 and a beta of 0.23. 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 released its quarterly earnings data 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. The company had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. AT&T’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts predict that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Friday, July 10th. AT&T’s payout ratio is 36.75%.

AT&T Company 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.