Sequoia Financial Advisors LLC Purchases 38,501 Shares of AT&T Inc. $T

Sequoia Financial Advisors LLC raised its holdings in shares of AT&T Inc. (NYSE:T) by 8.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 511,590 shares of the technology company’s stock after buying an additional 38,501 shares during the period. Sequoia Financial Advisors LLC’s holdings in AT&T were worth $14,831,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Mascoma Wealth Management LLC raised its holdings in shares of AT&T by 40.5% in the first quarter. Mascoma Wealth Management LLC now owns 3,426 shares of the technology company’s stock worth $99,000 after buying an additional 988 shares during the period. Relyea Zuckerberg Hanson LLC boosted its holdings in AT&T by 6.9% during the 1st quarter. Relyea Zuckerberg Hanson LLC now owns 25,943 shares of the technology company’s stock valued at $752,000 after acquiring an additional 1,680 shares during the period. Walled Lake Planning & Wealth Management LLC bought a new position in AT&T in the 1st quarter valued at $399,000. Corrado Advisors LLC grew its position in AT&T by 2.0% in the 1st quarter. Corrado Advisors LLC now owns 91,818 shares of the technology company’s stock valued at $2,662,000 after acquiring an additional 1,825 shares during the last quarter. Finally, Kornitzer Capital Management Inc. KS increased its stake in AT&T by 0.9% in the first quarter. Kornitzer Capital Management Inc. KS now owns 934,920 shares of the technology company’s stock worth $27,103,000 after purchasing an additional 7,905 shares during the period. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Up 0.5%

Shares of T stock traded up $0.12 during mid-day trading on Friday, hitting $21.16. The stock had a trading volume of 49,762,998 shares, compared to its average volume of 69,571,096. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The firm has a market capitalization of $146.99 billion, a P/E ratio of 7.10, a price-to-earnings-growth ratio of 0.86 and a beta of 0.24. The firm’s 50-day moving average is $23.38 and its two-hundred day moving average is $25.40. 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 posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. The business had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The business’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.51 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts predict that AT&T Inc. will post 2.31 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm 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. This represents a $1.11 annualized dividend and a yield of 5.2%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio is presently 37.25%.

Analyst Ratings Changes

T has been the subject of several research analyst reports. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Morgan Stanley reduced their price target on shares of AT&T from $30.00 to $25.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 7th. Citigroup lifted their price objective on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a report on Monday, March 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research report on Wednesday, May 20th. Finally, Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $29.68.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T and Ericsson demonstrated drone detection over a 5G network, highlighting new network-sensing capabilities that could support future 6G-style services and reinforce AT&T’s technology narrative. Article: The future takes flight: AT&T and Ericsson demonstrate drone detection outside of AT&T Stadium
• Positive Sentiment: AT&T was ranked #1 in customer satisfaction for small business internet service by J.D. Power, which supports the company’s competitive position in business broadband and converged connectivity. Article: AT&T Ranked #1 in Customer Satisfaction for Small Business Internet Service by JD Power
• Positive Sentiment: Recent market commentary points to investor interest in AT&T’s 5G mobility trial results and its fraud-resistant identity partnership, suggesting continued optimism around network innovation and enterprise offerings. Article: AT&T Shares Pause Friday: What's Going On? Article: How Investors May Respond To AT&T (T) Linking Fraud-Resistant Identity To Converged Small-Business Bundles
• Neutral Sentiment: AT&T disclosed $30,000 of Q2 2026 lobbying focused on cybersecurity, data-breach rules, Section 230, FISA reauthorization, and telecom policy; this is more of a policy maintenance item than a direct earnings catalyst. Article: Lobbying Update: $30,000 of AT&T SERVICES INC. lobbying was just disclosed
• Neutral Sentiment: Congressional trading data and mixed institutional ownership changes show ongoing investor attention, but the signals are not strong enough on their own to drive the stock. Article: Lobbying Update: $30,000 of AT&T SERVICES INC. lobbying was just disclosed
• Negative Sentiment: New sell-side coverage from Wells Fargo was notably cautious, with an underweight rating and an $18 price target, while other commentary from Jim Cramer also leaned bearish. Article: Jim Cramer on AT&T: “It’s Time to Sell”
• Negative Sentiment: Some recent analysis suggests AT&T could be left out of a sought-after Starlink-related deal, raising concern that the company may miss a competitive opportunity in satellite-to-phone connectivity. Article: AT&T may be left out of the Starlink deal everyone wants

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.