AT&T’s (T) “Hold” Rating Reiterated at TD Cowen

TD Cowen reiterated their hold rating on shares of AT&T (NYSE:T) in a research note published on Thursday morning,Benzinga reports. The brokerage currently has a $33.00 price objective on the technology company’s stock.

A number of other equities analysts have also weighed in on T. Weiss Ratings upgraded AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Sanford C. Bernstein cut AT&T from an “outperform” rating to a “market perform” rating and set a $24.00 price objective for the company. in a report on Tuesday, October 13th. Royal Bank Of Canada lowered their target price on AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Barclays dropped their target price on AT&T from $24.00 to $21.00 and set an “equal weight” rating on the stock in a report on Thursday. Finally, Wolfe Research raised AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a report on Thursday, July 23rd. Twelve research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $28.55.

AT&T Stock Down 7.8%

NYSE:T opened at $20.96 on Thursday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.87 and a quick ratio of 0.93. The company’s fifty day moving average price is $24.78 and its 200-day moving average price is $24.23. AT&T has a 1-year low of $19.89 and a 1-year high of $29.43. The firm has a market capitalization of $141.23 billion, a P/E ratio of 11.33, a PEG ratio of 1.05 and a beta of 0.25.

AT&T (NYSE:T) last posted its earnings results on Wednesday, October 21st. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. AT&T had a net margin of 10.19% and a return on equity of 13.41%. The company had revenue of $32.32 billion during the quarter, compared to the consensus estimate of $31.69 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. As a group, equities research analysts anticipate that AT&T will post 2.39 EPS for the current year.

AT&T Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio is presently 60.00%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. IFM Investors Pty Ltd grew its holdings in shares of AT&T by 5.3% during the first quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock worth $43,142,000 after buying an additional 74,684 shares in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of AT&T in the first quarter valued at about $2,901,000. Sound Income Strategies LLC raised its position in shares of AT&T by 19.8% in the third quarter. Sound Income Strategies LLC now owns 754,818 shares of the technology company’s stock valued at $18,772,000 after buying an additional 124,997 shares during the last quarter. Orographic Financial Advisors LLC purchased a new position in shares of AT&T in the first quarter worth about $3,449,000. Finally, B.A. Schrock Wealth Management Inc. purchased a new position in shares of AT&T in the third quarter worth about $1,583,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: AT&T reported third-quarter adjusted earnings of $0.65 per share and revenue of $32.32 billion, exceeding consensus estimates of $0.60 and $31.69 billion, respectively. Revenue increased roughly 5% year over year. AT&T Stock Sinks on Subscriber and SpaceX Worries
• Positive Sentiment: Analysts continue to see long-term value in the stock. Argus reaffirmed a Buy rating with a $30 price target, while JPMorgan maintained an Overweight rating at $31; Erste Group also modestly raised its 2026 EPS estimate to $2.35. Argus AT&T rating
• Neutral Sentiment: Citi estimates that SpaceX’s Starlink wireless service may not launch nationally until 2029 or later, but reported talks to secure access to as many as 80,000 U.S. cell sites could accelerate the competitive timeline. Starlink Is Years Away From Competing With AT&T
• Negative Sentiment: SpaceX’s potential entry as a fourth nationwide wireless carrier raised fears of greater pricing pressure, subscriber losses and higher network costs for AT&T, Verizon and T-Mobile. Tower operators benefited because SpaceX may become a major tenant, while telecom carriers sold off. AT&T Slides on SpaceX Cell-Site Talks
• Negative Sentiment: Investors also remain concerned about AT&T’s subscriber trends, elevated leverage and margin pressure. The company’s plan to reduce planned capital spending by roughly $1 billion in 2027–28 while maintaining its 2030 fiber goal may support cash flow, but introductory pricing could weigh on fiber economics. AT&T Q3 Earnings Call and Fiber Strategy

AT&T Company 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.