Quantitative Investment Management LLC Purchases New Holdings in AT&T Inc. $T

Quantitative Investment Management LLC acquired a new position in AT&T Inc. (NYSE:T) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 334,257 shares of the technology company’s stock, valued at approximately $6,919,000. AT&T accounts for approximately 0.8% of Quantitative Investment Management LLC’s investment portfolio, making the stock its 28th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position in AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after acquiring an additional 10,188 shares during the last quarter. Osterweis Capital Management Inc. lifted its position in shares of AT&T by 4,352.9% during the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after purchasing an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in shares of AT&T by 4.0% during the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock valued at $775,000 after purchasing an additional 1,022 shares during the period. HUB Investment Partners LLC boosted its stake in shares of AT&T by 19.6% during the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock valued at $1,613,000 after purchasing an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp grew its holdings in shares of AT&T by 1.8% in the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after purchasing an additional 3,677 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: AT&T’s operating margin reportedly reached a multi-year high as the company winds down its copper network. Lower legacy-network costs and operating leverage could improve profitability and support cash generation. AT&T Stock’s Margin Hit A Multi-Year Best As Its Copper Network Winds Down
• Positive Sentiment: Recent bullish investment analysis argues that AT&T’s turnaround has further upside, citing its discounted valuation, robust cash flows, fiber expansion, and growth in its Advanced Connectivity segment. Management’s target for 2026 EBITDA growth of 3%–4%, accelerating to more than 5% annually from 2028, strengthens the long-term case. AT&T Doesn’t Need Heroic Results To Offer Heroic Upside
• Positive Sentiment: AT&T’s investment and partnership with Hark could position its network as an infrastructure provider for AI-native, always-connected consumer devices. The opportunity is early-stage but offers potential exposure to new connectivity demand beyond smartphones. Investors Reacting to AT&T Backing Hark’s AI-Native Device Ecosystem
• Neutral Sentiment: AT&T, T-Mobile, and Verizon are described as overcoming a shared competitive or regulatory challenge involving satellite-based connectivity. The development may ease concerns about satellite disruption, but the article provides limited detail on its direct financial impact. AT&T, T-Mobile, and Verizon Defeat a Common Foe
• Neutral Sentiment: AT&T will release third-quarter 2026 results before the market opens on October 21 and hold a conference call afterward. The announcement itself does not change fundamentals, but it gives investors a near-term catalyst to assess subscriber trends, fiber growth, margins, and guidance. AT&T to Release Third-Quarter 2026 Earnings on Oct. 21
• Neutral Sentiment: AT&T is promoting free Turbo Live access at select football season openers and selling season passes. The campaign could support brand engagement and customer acquisition, but its immediate financial contribution is likely limited. AT&T Kicks Off Football Season with Free Turbo Live

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $25.00 price target on shares of AT&T in a research note on Monday, July 13th. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. Royal Bank Of Canada reduced their target price on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research report on Monday, July 20th. The Goldman Sachs Group set a $30.00 price target on shares of AT&T in a research note on Wednesday, July 22nd. Finally, Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $29.19.

AT&T Stock Performance

T stock opened at $26.03 on Monday. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.79. The business has a 50-day moving average price of $23.15 and a 200 day moving average price of $25.22. The company has a market capitalization of $178.37 billion, a P/E ratio of 8.62, a PEG ratio of 1.06 and a beta of 0.23. 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 posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. During the same quarter in the previous year, the business posted $0.54 EPS. The company’s quarterly revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts forecast that AT&T Inc. will post 2.34 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were paid a $0.2775 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.3%. AT&T’s payout ratio is 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.