Bryn Mawr Trust Advisors LLC Raises Stock Position in AT&T Inc. $T

Bryn Mawr Trust Advisors LLC boosted its holdings in shares of AT&T Inc. (NYSE:T) by 9.6% in the first quarter, HoldingsChannel reports. The firm owned 356,698 shares of the technology company’s stock after buying an additional 31,168 shares during the period. Bryn Mawr Trust Advisors LLC’s holdings in AT&T were worth $10,341,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in T. IFM Investors Pty Ltd increased its holdings in AT&T by 5.3% in the first quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock valued at $43,142,000 after buying an additional 74,684 shares in the last quarter. Annex Advisory Services LLC boosted its stake in shares of AT&T by 749.1% during the 4th quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock worth $3,964,000 after acquiring an additional 140,802 shares in the last quarter. World Investment Advisors boosted its stake in shares of AT&T by 85.0% during the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after acquiring an additional 155,728 shares in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new stake in shares of AT&T during the 1st quarter valued at about $2,901,000. Finally, Cerity Partners LLC grew its position in shares of AT&T by 3.7% during the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock valued at $41,449,000 after acquiring an additional 59,279 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T News Roundup

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

• Positive Sentiment: AT&T announced a promotional offer of free international calls for customers in the countries playing in soccer’s biggest matches, a customer-friendly move that may support engagement and brand loyalty. AT&T to Offer Free Calls to Countries Playing in Soccer’s Biggest Matches
• Positive Sentiment: AT&T and Ericsson showcased a live 5G drone-detection trial, highlighting how the company’s existing network could help enable future 6G capabilities and create new enterprise/network applications. Can AT&T’s Drone Detection Trial With Ericsson Shape the Future of 6G?
• Neutral Sentiment: A roundup of telecom stocks noted AT&T as a name worth watching, but it did not provide a company-specific catalyst. Top Telecom Stocks Worth Watching – July 10th
• Negative Sentiment: Jim Cramer warned investors he “doesn’t want to own AT&T or Verizon,” after Bernstein flagged valuation risk from SpaceX’s Starlink, reinforcing concerns that satellite service could challenge traditional telecom players. Jim Cramer Warns “I Don’t Want to Own AT&T or Verizon” as Starlink Threatens Telecom Stocks
• Negative Sentiment: Morgan Stanley cut its price target on AT&T, warning dividend-focused investors that Starlink could become a meaningful competitive threat to the company’s long-term outlook. AT&T stock price target cut puts dividend investors on alert

AT&T Stock Up 1.9%

T opened at $21.54 on Tuesday. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The company has a 50-day moving average price of $23.29 and a 200 day moving average price of $25.39. The company has a market cap of $149.67 billion, a PE ratio of 7.23, a price-to-earnings-growth ratio of 0.86 and a beta of 0.24.

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

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 5.2%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on T shares. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Scotiabank cut their price objective on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research report on Thursday, April 23rd. Weiss Ratings cut AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Finally, KeyCorp upped their target price on AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research note on Wednesday, March 25th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and a consensus price target of $29.43.

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.