AT&T Inc. $T Shares Sold by Tidal Investments LLC

Tidal Investments LLC trimmed its stake in shares of AT&T Inc. (NYSE:T) by 12.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 860,263 shares of the technology company’s stock after selling 121,692 shares during the period. Tidal Investments LLC’s holdings in AT&T were worth $17,807,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Safe Harbor Fiduciary LLC acquired a new position in shares of AT&T during the 4th quarter worth about $25,000. Blueline Advisors LLC purchased a new position in AT&T in the 4th quarter valued at about $26,000. Winnow Wealth LLC boosted its holdings in AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after buying an additional 820 shares during the last quarter. Orion Capital Management LLC acquired a new stake in AT&T in the 2nd quarter worth about $26,000. Finally, Addison Advisors LLC acquired a new stake in AT&T in the 2nd quarter worth about $27,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T launched promotions for Apple’s new iPhone 18 lineup, offering eligible customers up to $1,200 off with a trade-in. The promotion could support device upgrades, customer retention and wireless-service revenue, although discounts may pressure near-term margins. AT&T iPhone 18 promotion
• Positive Sentiment: CEO John Stankey described SpaceX’s Starlink as potentially complementary to AT&T rather than a direct threat. The comments helped ease concerns that satellite connectivity could significantly disrupt AT&T’s wireless business, particularly in underserved areas. AT&T and Starlink relationship
• Positive Sentiment: AT&T’s planned use of Amazon Leo satellite broadband for business customers reinforces a strategy of using satellite services to extend its connectivity offering. The arrangement could improve enterprise reach and create additional customer stickiness. AT&T Amazon satellite broadband partnership
• Neutral Sentiment: AT&T added Fazal F. Merchant as an independent director and expanded its board to 11 members. His assignments to the Audit and Corporate Development and Finance committees strengthen oversight, but the appointment is not expected to materially affect near-term earnings. AT&T board appointment
• Negative Sentiment: Commentary continues to question why AT&T trades as though its business is shrinking, highlighting investor skepticism despite improving operating trends. Concerns about slow growth, substantial leverage and competition from satellite providers could continue to limit the stock’s valuation. Why AT&T stock trades like it is shrinking

AT&T Stock Performance

NYSE:T opened at $25.58 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The firm has a market capitalization of $175.31 billion, a price-to-earnings ratio of 8.47, a PEG ratio of 1.25 and a beta of 0.25. The company’s 50-day moving average is $23.86 and its two-hundred day moving average is $25.06. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.79.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business’s revenue was up 2.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts forecast that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were given a $0.2775 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.3%. AT&T’s payout ratio is currently 36.75%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on T shares. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Scotiabank dropped their price target on AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a research report on Wednesday, July 15th. TD Cowen increased their price objective on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. Wells Fargo & Company raised their price objective on AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday, July 23rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $25.00 target price on shares of AT&T in a research note on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and an average price target of $29.19.

AT&T Profile

AT&T Inc (NYSE:T) is a telecommunications company that provides wireless communications, broadband internet, voice, and related connectivity services. Its offerings include mobile phone and data plans, fiber-optic internet, fixed wireless access, traditional voice services, and networking solutions for businesses and government customers.

The company serves consumers, businesses, and public-sector organizations primarily across the United States. AT&T also provides wireless services in Mexico and operates extensive communications networks that support mobile connectivity, internet access, data transmission, and enterprise communications.

AT&T traces its history to the development of the Bell System and has evolved through a series of reorganizations and acquisitions.