AT&T Inc. $T Shares Sold by FSA Advisors Inc.

FSA Advisors Inc. trimmed its position in AT&T Inc. (NYSE:T) by 57.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,263 shares of the technology company’s stock after selling 23,027 shares during the period. FSA Advisors Inc.’s holdings in AT&T were worth $500,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of T. Fairway Wealth LLC acquired a new position in shares of AT&T during the first quarter worth about $29,000. Safe Harbor Fiduciary LLC purchased a new position in AT&T during the fourth quarter worth about $25,000. Rachor Investment Advisory Services LLC purchased a new position in AT&T during the fourth quarter worth about $25,000. Cresta Advisors Ltd. acquired a new stake in AT&T in the fourth quarter valued at about $26,000. Finally, Blueline Advisors LLC acquired a new stake in AT&T in the fourth quarter valued at about $26,000. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T Stock Down 0.9%

T stock opened at $21.79 on Friday. The company has a market cap of $151.38 billion, a P/E ratio of 7.31, a P/E/G ratio of 0.87 and a beta of 0.24. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The company’s 50-day moving average price is $22.98 and its 200 day moving average price is $25.30. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:T) last issued its earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. During the same period last year, the company posted $0.51 earnings per share. The firm’s quarterly 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. On average, research analysts expect that AT&T Inc. will post 2.32 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. Shareholders of record on Friday, July 10th will be issued a $0.2775 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 annualized dividend and a yield of 5.1%. AT&T’s dividend payout ratio is 37.25%.

AT&T News Summary

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

• Positive Sentiment: Analysts have recently raised earnings estimates for AT&T, and several firms maintain price targets well above the current share price, including a new $29.25 target from Scotiabank and a median target around $25.50. This suggests Wall Street still sees upside if execution stays on track. Analysts Set AT&T Inc. (NYSE:T) Target Price at $29.68
• Positive Sentiment: Erste Group Bank lifted its FY2026 and FY2027 EPS estimates for AT&T, reinforcing expectations that earnings remain stable and could support valuation ahead of the report.
• Positive Sentiment: AT&T said its AI-based network outage prevention system cut customer downtime by more than 12 million hours, highlighting improving network reliability and a potential operational advantage. AT&T built an AI system to prevent network outages. It reduced customer downtime by more than 12 million hours
• Positive Sentiment: Recent commentary ahead of earnings points to continued expansion in fiber, enterprise connectivity, and connected-car offerings, which could help offset slower growth in wireless.
• Neutral Sentiment: Investor and hedge-fund activity appears mixed: some large funds have added to AT&T, while others reduced exposure, suggesting the name remains widely watched but not universally favored.
• Neutral Sentiment: AT&T also disclosed modest lobbying activity tied to telecom regulation, broadband support, and spectrum issues. That is important for the business, but it is not a near-term earnings catalyst.
• Negative Sentiment: Competition in telecom remains intense, and several recent articles emphasize that AT&T still has questions to answer on growth and execution heading into earnings. That uncertainty is likely weighing on shares.
• Negative Sentiment: Some analyst targets remain below the current trading range, including recent calls from Wells Fargo and Scotiabank in the high teens to low $20s, showing that not all analysts believe the rally is fully justified.

Analysts Set New Price Targets

T has been the topic of a number of analyst reports. Scotiabank lowered their price objective on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a report on Wednesday. Barclays cut their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. KeyCorp raised their price target on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a report on Wednesday, March 25th. Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and set a $25.00 price objective on shares of AT&T in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.34.

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.