Fort Washington Investment Advisors Inc. OH raised its position in AT&T Inc. (NYSE:T – Free Report) by 2.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,517,443 shares of the technology company’s stock after acquiring an additional 59,723 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in AT&T were worth $61,426,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of T. B.A. Schrock Wealth Management Inc. purchased a new position in AT&T during the 3rd quarter worth $1,583,000. Howard Financial Services LTD. raised its stake in AT&T by 9.2% in the third quarter. Howard Financial Services LTD. now owns 20,090 shares of the technology company’s stock valued at $490,000 after buying an additional 1,687 shares during the last quarter. ZWJ Investment Counsel Inc. raised its stake in AT&T by 1.7% in the third quarter. ZWJ Investment Counsel Inc. now owns 1,143,291 shares of the technology company’s stock valued at $27,896,000 after buying an additional 19,505 shares during the last quarter. West Wealth Group LLC raised its stake in AT&T by 4.7% in the third quarter. West Wealth Group LLC now owns 11,982 shares of the technology company’s stock valued at $292,000 after buying an additional 538 shares during the last quarter. Finally, First Pacific Financial boosted its holdings in AT&T by 440.0% in the third quarter. First Pacific Financial now owns 5,848 shares of the technology company’s stock worth $143,000 after acquiring an additional 4,765 shares in the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
T has been the subject of several research analyst reports. The Goldman Sachs Group set a $30.00 price objective on shares of AT&T in a research report on Wednesday, July 22nd. Argus lowered their price target on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Weiss Ratings upgraded AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Barclays cut their price objective on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Finally, KeyCorp reissued an “overweight” rating and issued a $36.00 price objective on shares of AT&T in a report on Wednesday, October 7th. Eleven analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.05.
Key AT&T News
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Mexico exit sharpens capital allocation: AT&T will sell AT&T Mexico to a 50/50 consortium of Grupo Televisa and Fintech Holdings for approximately $2 billion in cash, plus potential contractual and contingent payments. The deal, expected to close in the first quarter of 2027 pending regulatory approval, should provide cash and reduce exposure to a lower-priority international market. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
- Positive Sentiment: Investors are emphasizing growth and network investment: AT&T’s messaging has increasingly shifted from debt reduction toward expanding U.S. fiber and 5G, potentially supporting long-term subscriber growth and cash flow. The stock also trades at a low earnings multiple relative to the broader market, which may attract value and income investors. Why You Should Think About AT&T Differently Now?
- Positive Sentiment: Potential earnings upside: Analysts and Zacks expect AT&T to have favorable conditions for an earnings beat in its upcoming report. The consensus forecast is about $2.33 in full-year 2026 EPS, with one analyst recently raising its estimate to $2.34. AT&T Earnings Expected to Grow
- Neutral Sentiment: Settlement approved: A court approved a $177 million settlement related to two 2024 data breaches. The payment resolves litigation uncertainty but represents a corporate cost. AT&T Settlement Payout
- Negative Sentiment: Competitive concerns remain: Bernstein downgraded AT&T and lowered telecom price targets, citing the potential impact of SpaceX’s expanding wireless ambitions on traditional carriers.
AT&T Price Performance
NYSE:T opened at $23.07 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.43. The stock’s 50-day moving average price is $24.99 and its 200-day moving average price is $24.49. The stock has a market capitalization of $158.06 billion, a PE ratio of 7.64, a price-to-earnings-growth ratio of 1.14 and a beta of 0.25.
AT&T (NYSE:T – Get Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $31.56 billion for 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 company’s revenue was up 2.3% compared to the same quarter last year. During the same period last year, the firm posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts expect that AT&T Inc. will post 2.33 EPS for the current fiscal year.
AT&T Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Shareholders of record on Monday, October 12th will be paid a $0.2775 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. AT&T’s dividend payout ratio (DPR) is 36.75%.
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.
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