United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Acquires 248,700 Shares of AT&T Inc. $T

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund grew its holdings in AT&T Inc. (NYSE:T) by 13.1% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,151,160 shares of the technology company’s stock after purchasing an additional 248,700 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in AT&T were worth $44,529,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in AT&T by 26.5% in the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares in the last quarter. Osterweis Capital Management Inc. lifted its position in AT&T by 4,352.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after buying an additional 6,094 shares in the last quarter. Main Street Financial Solutions LLC boosted its stake in shares of AT&T by 4.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after buying an additional 1,022 shares during the last quarter. HUB Investment Partners LLC boosted its stake in shares of AT&T by 19.6% during the 2nd quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after buying an additional 9,115 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its holdings in shares of AT&T by 1.8% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock valued at $5,992,000 after acquiring an additional 3,677 shares in the last quarter. 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 reportedly reduced expenses for coding and other advanced AI tasks by as much as 56% by routing workloads to lower-cost models and using open-source technology. The reported quality decline was only about 2%, suggesting a meaningful opportunity to improve efficiency and margins. AT&T Slashes AI Costs by Adopting Model Routers and Open Source
• Positive Sentiment: AT&T partnered with, and invested in, Hark to support AI-native consumer devices through network connectivity, device certification and infrastructure. The deal could create future wireless demand and position AT&T to participate in emerging AI hardware markets, although near-term financial benefits are unclear. Hark and AT&T Partner on Connectivity for Future AI Devices
• Positive Sentiment: Coverage points to continued momentum in AT&T’s Advanced Connectivity segment, supported by fiber expansion, customer convergence and rising demand for networks capable of handling AI workloads. Sustained execution could provide a growth catalyst beyond the company’s traditional wireless operations. T Rides on Strength in Advanced Connectivity Segment
• Neutral Sentiment: One analysis argues that AT&T is outperforming several telecom peers but that its valuation does not fully reflect that performance, potentially supporting further appreciation if operating results remain strong. The Peer-Group Mispricing Sitting On T Stock
• Negative Sentiment: Dividend-focused commentary notes that AT&T’s approximately 4.5% yield is attractive, but argues that growth will likely remain slow and that increasing average revenue per customer is an important—and limited—route to stronger results. Yielding 4.5%, Should Dividend Stock Investors Buy AT&T Stock?

Analyst Ratings Changes

A number of research firms recently issued reports on T. The Goldman Sachs Group set a $30.00 target price on AT&T in a research report on Wednesday, July 22nd. Scotiabank decreased their price target on AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a research note on Wednesday, July 15th. Wells Fargo & Company boosted their price target on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective on the stock in a research note on Thursday, July 23rd. Finally, Morgan Stanley increased their price objective on AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.

AT&T Stock Performance

Shares of T stock opened at $25.21 on Friday. The company has a market capitalization of $172.75 billion, a price-to-earnings ratio of 8.35, a PEG ratio of 1.02 and a beta of 0.23. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. The company has a 50-day simple moving average of $22.79 and a 200 day simple moving average of $25.27. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79.

AT&T (NYSE:T) last released its quarterly 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. The firm had revenue of $31.56 billion for the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business’s revenue was up 2.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts predict that AT&T Inc. will post 2.34 earnings per share for the current year.

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were given a $0.2775 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.4%. AT&T’s dividend payout ratio is presently 36.75%.

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.