Professional Advisory Services Inc. Boosts Stake in AT&T Inc. $T

Professional Advisory Services Inc. lifted its position in AT&T Inc. (NYSE:T) by 142.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,001,112 shares of the technology company’s stock after acquiring an additional 587,906 shares during the period. AT&T accounts for approximately 2.5% of Professional Advisory Services Inc.’s investment portfolio, making the stock its 26th biggest holding. Professional Advisory Services Inc.’s holdings in AT&T were worth $20,723,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in T. Tsfg LLC increased its stake in shares of AT&T by 3.6% in the 4th quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock valued at $265,000 after acquiring an additional 366 shares during the last quarter. Lifestyle Asset Management Inc. grew its holdings in AT&T by 3.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock valued at $261,000 after purchasing an additional 368 shares during the period. Hillsdale Investment Management Inc. increased its stake in AT&T by 1.2% in the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock valued at $794,000 after purchasing an additional 370 shares in the last quarter. Bruce G. Allen Investments LLC increased its stake in AT&T by 1.7% in the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock valued at $556,000 after purchasing an additional 374 shares in the last quarter. Finally, Rockline Wealth Management LLC boosted its position in shares of AT&T by 3.8% during the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock worth $259,000 after purchasing an additional 378 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Trading Up 0.4%

NYSE T opened at $23.80 on Friday. The stock has a market capitalization of $163.10 billion, a price-to-earnings ratio of 7.88, a PEG ratio of 0.97 and a beta of 0.23. The stock’s 50 day moving average price is $22.54 and its two-hundred day moving average price is $25.22. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79.

AT&T (NYSE:T) last issued its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. The company had revenue of $31.56 billion during 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 quarterly revenue was up 2.3% on a year-over-year basis. During the same period last year, the business earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts anticipate that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Friday, July 10th. AT&T’s dividend payout ratio is currently 36.75%.

Trending Headlines about AT&T

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

• Positive Sentiment: Expanded spectrum strengthens AT&T’s network outlook. AT&T completed its $23 billion acquisition of wireless spectrum licenses from EchoStar on July 28. The additional roughly 50 MHz of low- and mid-band spectrum covers more than 400 U.S. markets and should help the company handle traffic growth, improve reliability and support 5G performance. AT&T (T) Bulks Up Its Spectrum As SpaceX Fears Ease
• Positive Sentiment: Ericsson collaboration could accelerate customer benefits. Ericsson will provide 600 MHz dual-band radios to help AT&T deploy the newly acquired spectrum nationwide. The equipment is expected to improve coverage, capacity, call reliability and overall wireless performance, supporting AT&T’s competitiveness after recent pricing actions. AT&T and Ericsson Enhance Wireless Capacity, Coverage, and Performance Nationwide
• Positive Sentiment: Quantum-computing partnership highlights enterprise innovation. AT&T’s work with D-Wave produced a reported 240-fold improvement in a network-optimization application, potentially demonstrating practical uses for quantum computing. While not yet a major earnings driver, the project supports AT&T’s technology credentials and could improve operational efficiency over time. D-Wave Quantum Just Got a 240x Boost From AT&T
• Neutral Sentiment: New Plano headquarters signals a long-term corporate commitment. The former EDS “God Pod” in Plano is scheduled for demolition to make way for AT&T’s planned billion-dollar headquarters. The project may support employee consolidation and corporate visibility, but its direct effect on near-term financial results is limited. Old EDS “God Pod” to be Imploded for AT&T’s New Billion-Dollar HQ
• Negative Sentiment: Large spending commitments remain a risk. The spectrum purchase and AT&T’s broader plans to invest more than $250 billion in network infrastructure over five years could pressure free cash flow and leverage. Recent wireless price increases may help offset costs, but they also risk customer pushback in a competitive market. Will AT&T’s Expanded Quantum Deal Turn D-Wave Into a Scalable Enterprise Player?

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Royal Bank Of Canada lowered their price objective on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. BNP Paribas Exane dropped their price target on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Wells Fargo & Company boosted their price objective on AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday, July 23rd. Sanford C. Bernstein restated an “outperform” rating and set a $25.00 target price on shares of AT&T in a report on Monday, July 13th. Finally, Morgan Stanley upped their price target on shares of AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has given 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 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.