AT&T Inc. $T Shares Newly Purchased by Fortress Financial Solutions LLC

Fortress Financial Solutions LLC purchased a new position in AT&T Inc. (NYSE:T) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,897 shares of the technology company’s stock, valued at approximately $803,000.

A number of other large investors also recently modified their holdings of the company. State Street Corp increased its holdings in AT&T by 5.8% during the 2nd quarter. State Street Corp now owns 334,273,613 shares of the technology company’s stock worth $6,919,464,000 after acquiring an additional 18,468,679 shares during the period. Bank of America Corp DE boosted its holdings in AT&T by 4.6% in the 1st quarter. Bank of America Corp DE now owns 125,191,700 shares of the technology company’s stock valued at $3,629,307,000 after purchasing an additional 5,449,222 shares during the period. Bank of New York Mellon Corp boosted its holdings in AT&T by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 75,323,574 shares of the technology company’s stock valued at $1,559,198,000 after purchasing an additional 2,559,065 shares during the period. GQG Partners LLC purchased a new position in shares of AT&T during the 2nd quarter valued at $1,223,364,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of AT&T by 2.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 55,616,152 shares of the technology company’s stock valued at $1,151,254,000 after purchasing an additional 1,336,556 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T agreed to sell its Mexican wireless business to a consortium of Grupo Televisa and Fintech Holdings for $2 billion in cash, plus potential contractual and contingent benefits. The transaction is expected to close in the first quarter of 2027, subject to regulatory approval, and should allow AT&T to concentrate capital on U.S. fiber and 5G expansion. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
• Positive Sentiment: Analysts and earnings previews point to potential earnings growth and a possible consensus-beating quarterly report. AT&T previously exceeded EPS expectations, and the company’s full-year 2026 guidance remains $2.25 to $2.35 per share, supporting the investment case at a low valuation multiple. AT&T Earnings Expected to Grow
• Positive Sentiment: The Mexico divestiture reinforces management’s changing priorities: rather than emphasizing debt reduction alone, AT&T is increasingly highlighting focused capital allocation and investment in its U.S. connectivity businesses. The stock trades at roughly 7.4 times earnings versus about 22.5 times for the S&P 500, which may attract value and income investors. Why You Should Think About AT&T Differently Now?
• Neutral Sentiment: A court approved a $177 million settlement covering two 2024 AT&T data breaches. The payment creates a legal cost and reputational overhang, although the settlement resolves the associated claims. AT&T Settlement Payout
• Negative Sentiment: Bernstein downgraded AT&T and reduced telecom-sector price targets, citing potential disruption from SpaceX’s expanding wireless ambitions. Competitive pressure could challenge subscriber growth and pricing across the industry. AT&T Stock Rises Despite a Downgrade on SpaceX Competition

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. TD Cowen lifted their price objective on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. Barclays reduced their target price 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. Royal Bank Of Canada reduced their target price on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Finally, Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a research note on Thursday, July 23rd. Eleven equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.05.

AT&T Price Performance

AT&T stock traded up $0.22 during mid-day trading on Wednesday, hitting $23.07. 57,736,876 shares of the company traded hands, compared to its average volume of 48,580,367. AT&T Inc. has a one year low of $19.89 and a one year high of $29.43. The stock has a market cap of $158.06 billion, a price-to-earnings ratio of 7.64, a price-to-earnings-growth ratio of 1.12 and a beta of 0.25. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. The stock has a fifty day moving average price of $24.99 and a 200-day moving average price of $24.53.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The business 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% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts predict that AT&T Inc. will post 2.33 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s payout ratio is currently 36.75%.

AT&T Profile

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.