AT&T Inc. $T Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue reduced its stake in shares of AT&T Inc. (NYSE:T) by 3.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 899,763 shares of the technology company’s stock after selling 31,713 shares during the quarter. State of Alaska Department of Revenue’s holdings in AT&T were worth $21,953,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in T. Fairway Wealth LLC purchased a new stake in AT&T in the 1st quarter worth approximately $29,000. Robinswood Financial LLC purchased a new stake in AT&T in the 1st quarter valued at about $29,000. Orion Capital Management LLC acquired a new position in shares of AT&T during the 2nd quarter valued at about $26,000. Addison Advisors LLC purchased a new position in shares of AT&T during the 2nd quarter worth about $27,000. Finally, North Point Portfolio Managers Corp OH acquired a new stake in shares of AT&T in the third quarter worth approximately $34,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about 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 Grupo Televisa and Fintech Holdings for approximately $2 billion in cash, plus potential contingent benefits. The transaction should close in the first quarter of 2027, subject to regulatory approval, and is expected to redirect capital toward U.S. fiber and 5G infrastructure. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
• Positive Sentiment: The company is expanding its fiber footprint through a $5.75 billion acquisition of Lumen Technologies’ consumer fiber business. The deal adds more than 1 million subscribers and over 4 million locations, accelerating AT&T’s ability to bundle broadband and wireless services. The key investor question is whether buying an operating network generates better returns than building one internally. AT&T: Does Buying Fiber Create More Value Than Building It?
• Positive Sentiment: AT&T introduced an expanded customer-service guarantee, promising expert assistance within five minutes or a scheduled callback. Fiber or Internet Air customers who also use AT&T wireless will receive a dedicated technical expert. Better support could help reduce churn and strengthen convergence strategies. AT&T Expands America’s Best Guarantee
• Neutral Sentiment: Analysts and valuation articles highlight AT&T’s low earnings multiple and potential for an earnings beat. However, the discount also reflects concerns about growth, leverage and execution as the company reallocates capital toward connectivity.
• Negative Sentiment: SpaceX-related developments have raised concerns about satellite connectivity disrupting traditional wireless economics, contributing to pressure across telecom stocks. A separate $177 million settlement related to two 2024 data breaches adds a financial and reputational overhang. AT&T Settlement Payout

AT&T Stock Up 2.2%

NYSE:T traded up $0.52 during mid-day trading on Thursday, hitting $23.57. The company had a trading volume of 24,297,184 shares, compared to its average volume of 48,450,301. The business has a fifty day simple moving average of $24.99 and a 200-day simple moving average of $24.49. The firm has a market capitalization of $161.48 billion, a price-to-earnings ratio of 7.80, a PEG ratio of 1.14 and a beta of 0.25. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.43. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06.

AT&T (NYSE:T) last issued its 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. AT&T had a return on equity of 12.86% and a net margin of 16.94%. The company had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. During the same quarter in the prior year, the business earned $0.54 earnings per share. The company’s 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. Equities analysts forecast that AT&T Inc. will post 2.33 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, November 2nd. Stockholders of record on Monday, October 12th will be paid a $0.2775 dividend. The ex-dividend date is Friday, October 9th. This represents a $1.11 annualized dividend and a dividend yield of 4.7%. AT&T’s dividend payout ratio is 36.75%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on T. The Goldman Sachs Group set a $30.00 price target on shares of AT&T in a research note on Wednesday, July 22nd. Argus dropped their price target on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Weiss Ratings upgraded shares of AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $36.00 price target on shares of AT&T in a research report on Wednesday, October 7th. Eleven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $29.05.

AT&T Company 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.