AT&T Inc. $T Shares Purchased by Keybank National Association OH

Keybank National Association OH increased its position in shares of AT&T Inc. (NYSE:T) by 4.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 1,411,060 shares of the technology company’s stock after buying an additional 60,012 shares during the quarter. Keybank National Association OH’s holdings in AT&T were worth $40,907,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Tsfg LLC raised its position in shares of AT&T by 3.6% in the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock worth $265,000 after acquiring an additional 366 shares during the period. Lifestyle Asset Management Inc. boosted its stake in shares of AT&T by 3.6% during the 4th quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock worth $261,000 after acquiring an additional 368 shares in the last quarter. Hillsdale Investment Management Inc. grew its position in shares of AT&T by 1.2% during the 4th quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock valued at $794,000 after acquiring an additional 370 shares during the period. Bruce G. Allen Investments LLC grew its position in shares of AT&T by 1.7% during the 4th quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock valued at $556,000 after acquiring an additional 374 shares during the period. Finally, Rockline Wealth Management LLC grew its position in shares of AT&T by 3.8% during the 4th quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock valued at $259,000 after acquiring an additional 378 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Up 0.4%

T stock opened at $20.57 on Friday. The stock has a market capitalization of $142.89 billion, a P/E ratio of 6.90, a P/E/G ratio of 0.83 and a beta of 0.24. The firm has a 50-day simple moving average of $23.99 and a 200-day simple moving average of $25.55. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. The firm had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. AT&T’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company posted $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts forecast that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.4%. AT&T’s dividend payout ratio is presently 37.25%.

AT&T News Summary

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

• Positive Sentiment: AT&T expanded its Build-A-Plan service, letting customers bundle customized wireless plans with home internet options; the move could boost upselling, simplify customer acquisition, and strengthen competitive positioning. AT&T stock’s bad week just keeps getting worse
• Positive Sentiment: Investor interest has risen, with unusual call-option activity suggesting traders are positioning for a potential rebound or catalyst-driven move in AT&T shares.
• Neutral Sentiment: Several articles highlighted AT&T as a high-yield telecom name and a potential defensive holding for retirees, reinforcing the stock’s appeal as an income play rather than a fast-growth story.
• Negative Sentiment: Shares have been pressured by concerns over SpaceX’s long-term threat to wireless carriers, and at least one analyst downgrade cited that competitive risk as a reason for caution. Oppenheimer downgrades AT&T stock on SpaceX threat
• Negative Sentiment: Market commentary also noted recent weakness in AT&T alongside Verizon as telecom investors digest the possibility of new satellite-based competition.

Analyst Upgrades and Downgrades

T has been the subject of a number of analyst reports. Oppenheimer cut AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Weiss Ratings lowered AT&T from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective for the company in a research report on Tuesday, March 10th. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research report on Wednesday, May 20th. Finally, Morgan Stanley started coverage on AT&T in a research note on Thursday, April 16th. They set an “overweight” rating and a $30.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.55.

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.