AT&T Inc. $T Shares Purchased by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. increased its position in shares of AT&T Inc. (NYSE:T) by 6.0% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,120,592 shares of the technology company’s stock after purchasing an additional 234,216 shares during the quarter. Epoch Investment Partners Inc.’s holdings in AT&T were worth $119,456,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in T. Norges Bank acquired a new stake in AT&T during the 4th quarter worth $2,181,977,000. Amundi lifted its stake in shares of AT&T by 67.5% in the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after buying an additional 17,040,328 shares in the last quarter. Alyeska Investment Group L.P. lifted its stake in shares of AT&T by 620.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 11,891,778 shares of the technology company’s stock worth $295,392,000 after buying an additional 10,241,949 shares in the last quarter. State Street Corp boosted its position in AT&T by 2.6% during the fourth quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock worth $8,249,109,000 after acquiring an additional 8,314,678 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in AT&T by 49.2% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 25,155,597 shares of the technology company’s stock valued at $624,865,000 after acquiring an additional 8,297,201 shares in the last quarter. 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 better-than-expected Q2 adjusted earnings of $0.65 per share, helped by strong wireless subscriber growth, reinforcing confidence in its core business. Stock Market Today, July 22: AT&T Beats Earnings on Strong Wireless Subscriber Growth
• Positive Sentiment: Wolfe Research upgraded AT&T after the earnings release, saying the stock looks attractive following the quarter and that fears around SpaceX competition may be overstated. Wolfe Research Just Upgraded AT&T Stock. Here’s Why.
• Positive Sentiment: Analysts highlighted AT&T’s fiber-led growth path, with fiber, wireless convergence, and copper shutdowns supporting margin gains, buybacks, and an intact 2026 outlook. T Q2 Earnings Call Points to Fiber-Led Growth Path
• Neutral Sentiment: AT&T saw unusually heavy call-option buying, which suggests traders are positioning for further upside after the earnings-driven rally. Wolfe Research Just Upgraded AT&T Stock. Here’s Why.
• Negative Sentiment: One headline about an AT&T internet outage could weigh on sentiment by reminding investors of service reliability risks, though it appears to be a limited operational issue. ATT internet outage for some. AT and T outage Thursday

AT&T Price Performance

AT&T stock opened at $24.05 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 1.06. The company has a 50-day moving average price of $22.79 and a 200 day moving average price of $25.23. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The stock has a market cap of $167.14 billion, a P/E ratio of 7.97, a PEG ratio of 0.90 and a beta of 0.24.

AT&T (NYSE:T) last posted its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same period in the previous year, the business posted $0.54 EPS. AT&T’s revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts anticipate that AT&T Inc. will post 2.32 earnings per share for the current year.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Friday, July 10th. AT&T’s payout ratio is presently 36.75%.

Analyst Upgrades and Downgrades

A number of analysts have commented on T shares. Wells Fargo & Company increased their price objective on shares of AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday. Scotiabank lowered their target price on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a report on Wednesday, July 15th. Sanford C. Bernstein restated an “outperform” rating and issued a $25.00 price target on shares of AT&T in a research report on Monday, July 13th. Barclays cut their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a report on Wednesday, July 8th. Finally, TD Cowen lifted their price objective on AT&T from $32.00 to $33.00 and gave the stock a “hold” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $29.19.

About AT&T

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.