AT&T Inc. $T Holdings Boosted by Simplicity Wealth LLC

Simplicity Wealth LLC raised its stake in shares of AT&T Inc. (NYSE:T – Free Report) by 27.4% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 124,993 shares of the technology company’s stock after acquiring an additional 26,891 shares during the period. Simplicity Wealth LLC’s holdings in AT&T were worth $3,050,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in T. Bank of America Corp DE acquired a new position in shares of AT&T in the second quarter valued at approximately $2,310,898,000. GQG Partners LLC purchased a new stake in shares of AT&T during the second quarter worth approximately $1,223,364,000. Legal & General Group Plc acquired a new stake in shares of AT&T during the second quarter worth $960,695,000. State Street Corp lifted its holdings in shares of AT&T by 5.8% during the second quarter. State Street Corp now owns 334,273,613 shares of the technology company’s stock worth $6,919,464,000 after purchasing an additional 18,468,679 shares during the period. Finally, Nykredit A S acquired a new stake in shares of AT&T during the second quarter worth $259,954,000. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Price Performance

Shares of NYSE T opened at $20.96 on Monday. The firm has a market capitalization of $141.23 billion, a P/E ratio of 11.33, a PEG ratio of 1.04 and a beta of 0.25. AT&T Inc. has a one year low of $19.89 and a one year high of $29.43. The company’s fifty day moving average is $24.78 and its two-hundred day moving average is $24.20. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.82 and a current ratio of 0.87.

AT&T (NYSE:T – Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. The business had revenue of $32.32 billion for the quarter, compared to analysts’ expectations of $31.69 billion. AT&T had a net margin of 10.19% and a return on equity of 13.41%. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.54 EPS. Analysts forecast that AT&T Inc. will post 2.39 EPS for the current fiscal year.

AT&T Dividend Announcement

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

Key Headlines Impacting AT&T

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

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on T shares. TD Cowen reiterated a “hold” rating and issued a $33.00 price objective on shares of AT&T in a research report on Thursday. Morgan Stanley dropped their price objective on shares of AT&T from $28.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday. KeyCorp cut their price objective on shares of AT&T from $36.00 to $33.00 and set an “overweight” rating for the company in a research report on Thursday. Scotiabank reduced their target price on shares of AT&T from $27.50 to $26.50 and set a “sector perform” rating for the company in a research note on Friday, October 9th. Finally, Weiss Ratings upgraded shares of AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Twelve research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus target price of $28.55.

View Our Latest Stock Report on T

About AT&T

(Free Report)

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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Institutional Ownership by Quarter for AT&T (NYSE:T)

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