Saxony Capital Management LLC Buys 37,402 Shares of AT&T Inc. $T

Saxony Capital Management LLC raised its stake in AT&T Inc. (NYSE:T) by 274.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,037 shares of the technology company’s stock after buying an additional 37,402 shares during the period. Saxony Capital Management LLC’s holdings in AT&T were worth $1,245,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. IFM Investors Pty Ltd grew its holdings in AT&T by 5.3% during the 1st quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock valued at $43,142,000 after purchasing an additional 74,684 shares in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new position in shares of AT&T in the first quarter worth about $2,901,000. Sound Income Strategies LLC lifted its stake in shares of AT&T by 19.8% in the third quarter. Sound Income Strategies LLC now owns 754,818 shares of the technology company’s stock worth $18,772,000 after acquiring an additional 124,997 shares in the last quarter. Orographic Financial Advisors LLC purchased a new position in AT&T in the first quarter valued at about $3,449,000. Finally, B.A. Schrock Wealth Management Inc. purchased a new position in AT&T in the third quarter valued at about $1,583,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Weiss Ratings upgraded AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. BNP Paribas Exane upgraded AT&T from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from $26.00 to $30.00 in a report on Monday, September 21st. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. KeyCorp reissued an “overweight” rating and set a $36.00 price objective on shares of AT&T in a report on Wednesday, October 7th. Finally, Wells Fargo & Company boosted their target price on shares of AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research report on Thursday, July 23rd. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $29.05.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Mexico exit supports U.S. investment: AT&T agreed to sell its Mexican wireless business to Grupo Televisa and Fintech Holdings for $2 billion in cash, plus potential additional benefits. Management plans to direct capital toward U.S. fiber and 5G networks, which could improve strategic focus and returns over time. The transaction is expected to close in early 2027, subject to regulatory approval. AT&T to Sell AT&T Mexico to Grupo Televisa and Fintech Holdings
• Positive Sentiment: Fiber scale-up strengthens the broadband strategy: AT&T paid $5.75 billion for Lumen Technologies’ consumer fiber business, adding more than 1 million subscribers and access to over 4 million locations. Buying existing networks accelerates expansion and supports bundled wireless, broadband and entertainment offerings, although investors will monitor whether the acquisition generates sufficient returns. Does Buying Fiber Create More Value Than Building It?
• Positive Sentiment: Customer-service initiative may aid retention: AT&T expanded its “America’s Best Guarantee,” promising customers access to an expert within five minutes or a scheduled callback, while bundled fiber and wireless customers can receive support from one dedicated technical expert. The move is intended to reduce transfers and improve customer satisfaction. AT&T Expands America’s Best Guarantee
• Neutral Sentiment: Earnings optimism is building: Analysts expect AT&T’s upcoming report to benefit from earnings growth and potentially another beat, following its prior quarter’s $0.65-per-share result, which exceeded consensus. However, revenue previously fell short of estimates, so investors will focus on subscriber trends, free cash flow and debt reduction. AT&T Earnings Expected to Grow
• Negative Sentiment: Dividend and competitive risks remain: Analysts have highlighted threats to AT&T’s dividend growth and buyback capacity, while SpaceX-related spectrum developments have pressured the broader telecom group. A court-approved $177 million settlement tied to 2024 data breaches is another modest overhang, though unlikely to materially change the company’s investment case. Three Big Threats to AT&T’s Dividend Growth

AT&T Price Performance

Shares of NYSE T opened at $23.48 on Friday. The company has a market capitalization of $160.93 billion, a price-to-earnings ratio of 10.11, a price-to-earnings-growth ratio of 1.15 and a beta of 0.25. The business has a 50 day simple moving average of $24.99 and a 200-day simple moving average of $24.45. 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 Inc. has a twelve month low of $19.89 and a twelve month high of $29.43.

AT&T (NYSE:T) last released its earnings results 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. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The firm 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 firm earned $0.54 earnings per share. The firm’s revenue for the quarter 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 expect that AT&T Inc. will post 2.33 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Friday, October 9th. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

About AT&T

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.