USS Investment Management Ltd Purchases 31,720 Shares of AT&T Inc. $T

USS Investment Management Ltd grew its position in AT&T Inc. (NYSE:T) by 2.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,165,850 shares of the technology company’s stock after buying an additional 31,720 shares during the period. USS Investment Management Ltd’s holdings in AT&T were worth $33,769,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Annex Advisory Services LLC raised its stake in AT&T by 749.1% during the 4th quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock valued at $3,964,000 after buying an additional 140,802 shares during the last quarter. World Investment Advisors boosted its stake in shares of AT&T by 85.0% in the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after buying an additional 155,728 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of AT&T by 3.7% in the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock worth $41,449,000 after buying an additional 59,279 shares during the last quarter. ING Groep NV grew its holdings in shares of AT&T by 120.3% in the fourth quarter. ING Groep NV now owns 2,050,310 shares of the technology company’s stock worth $50,930,000 after acquiring an additional 1,119,731 shares during the period. Finally, WealthPlan Investment Management LLC grew its holdings in shares of AT&T by 415.0% in the fourth quarter. WealthPlan Investment Management LLC now owns 63,357 shares of the technology company’s stock worth $1,574,000 after acquiring an additional 51,055 shares during the period. Institutional investors own 57.10% of the company’s stock.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T announced an expansion of its Build-A-Plan offering, making wireless plans more customizable and easier to bundle with home internet, which could support customer growth and reduce churn. Article title
• Neutral Sentiment: AT&T is heading into its next earnings report with analysts expecting only modest earnings growth, so investors are watching for guidance rather than a major surprise. Article title
• Neutral Sentiment: Commentary around AT&T’s valuation and dividend yield continues to frame the stock as a high-yield telecom name, but that support has been overshadowed by recent market selling and index-related pressure. Article title
• Negative Sentiment: Reports that SpaceX may enter the mobile phone market intensified fears of new competition for AT&T’s wireless business, contributing to selling across telecom stocks. Article title
• Negative Sentiment: AT&T was also hit by broader telecom-sector weakness after reports of satellite connectivity developments, plus concerns about competitive and regulatory headwinds and the CFO’s planned retirement. Article title
• Negative Sentiment: AT&T hit a new 52-week low, underscoring weak technical momentum and reinforcing bearish trader sentiment. Article title

AT&T Stock Performance

Shares of NYSE T opened at $20.70 on Wednesday. The stock has a market cap of $143.80 billion, a PE ratio of 6.94, a price-to-earnings-growth ratio of 0.89 and a beta of 0.21. AT&T Inc. has a 1 year low of $20.57 and a 1 year high of $29.79. The firm has a fifty day moving average price of $24.21 and a 200-day moving average price of $25.60. The company has a debt-to-equity ratio of 1.05, a current ratio of 0.92 and a quick ratio of 0.87.

AT&T (NYSE:T) last released its 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 company had revenue of $31.51 billion for the quarter, compared to analysts’ expectations of $31.29 billion. AT&T had a net margin of 16.94% and a return on equity of 12.49%. AT&T’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be paid a $0.2775 dividend. 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 37.25%.

Analyst Ratings Changes

A number of analysts recently commented on the company. KeyCorp upped their price objective on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday, March 25th. Weiss Ratings cut AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 29th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target for the company in a research note on Tuesday, March 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 price target on shares of AT&T in a research report on Wednesday, May 20th. Finally, Citigroup increased their price objective on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.55.

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.