AT&T Inc. $T Stock Holdings Decreased by Neville Rodie & Shaw Inc.

Neville Rodie & Shaw Inc. lessened its position in AT&T Inc. (NYSE:T) by 60.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,250 shares of the technology company’s stock after selling 23,787 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in AT&T were worth $316,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in T. Fairway Wealth LLC purchased a new stake in shares of AT&T in the first quarter valued at $29,000. Robinswood Financial LLC purchased a new position in shares of AT&T during the first quarter valued at $29,000. Safe Harbor Fiduciary LLC acquired a new position in AT&T during the fourth quarter valued at $25,000. Rachor Investment Advisory Services LLC acquired a new position in AT&T during the fourth quarter valued at $25,000. Finally, Cresta Advisors Ltd. purchased a new stake in AT&T in the 4th quarter worth about $26,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T Stock Down 1.1%

Shares of AT&T stock opened at $23.34 on Wednesday. The firm has a market cap of $159.94 billion, a price-to-earnings ratio of 7.73, a P/E/G ratio of 0.96 and a beta of 0.23. The stock has a 50-day simple moving average of $22.62 and a 200-day simple moving average of $25.23. AT&T Inc. has a 52-week low of $19.89 and a 52-week high of $29.79. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93.

AT&T (NYSE:T) last issued its quarterly earnings data 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 analyst estimates of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts expect that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were issued a dividend of $0.2775 per share. The ex-dividend date was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. AT&T’s dividend payout ratio (DPR) is currently 36.75%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Barclays decreased their price objective on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Wolfe Research upgraded shares of 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. BNP Paribas Exane cut their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Wells Fargo & Company lifted their target price on shares of AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a research note on Thursday, July 23rd. Finally, Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $29.19.

AT&T News Summary

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

• Positive Sentiment: AT&T, Verizon, and T-Mobile jointly enabled Glide.id’s SIM-anchored cryptographic authentication technology, aimed at reducing AI-driven fraud and replacing vulnerable SMS-based logins. The initiative could strengthen the carriers’ role in mobile identity and security services. AT&T Teams Up With Verizon and T-Mobile on Glide.id Security
• Positive Sentiment: Zacks highlighted AT&T (T) as a value-oriented wireless stock that could benefit from long-term 5G adoption and sustained demand for connectivity. This supports the investment case based on AT&T’s relatively low valuation and income characteristics, although it is broad industry commentary rather than a company-specific catalyst. Why AT&T Is a Strong Value Stock
• Neutral Sentiment: AT&T completed the sale of euro- and sterling-denominated global notes, increasing access to European funding markets and supporting liquidity. However, the new debt also adds interest and refinancing obligations to a balance sheet that already carries meaningful leverage. AT&T Boosts European Funding With New Debt Issuance
• Negative Sentiment: SpaceX says Starlink Mobile plans to compete directly for customers of AT&T, Verizon, and T-Mobile. The service currently targets cellular dead zones and outage coverage, but SpaceX intends to develop it into a full wireless carrier. Greater satellite-based competition could pressure AT&T’s subscriber growth, pricing power, and network differentiation over time. SpaceX Says It’s Coming for AT&T, Verizon, and T-Mobile Customers
• Negative Sentiment: A separate industry analysis noted that T-Mobile remains independent after its proposed Deutsche Telekom consolidation fell away, allowing it to keep investing its substantial U.S. cash flow in 5G, broadband, and satellite partnerships. That leaves AT&T facing a well-funded, aggressive rival in the domestic wireless market. T-Mobile’s Strategic Win

AT&T 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.