AT&T Inc. $T Stock Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its holdings in shares of AT&T Inc. (NYSE:T) by 26.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 167,831 shares of the technology company’s stock after purchasing an additional 35,199 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in AT&T were worth $4,095,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. IFM Investors Pty Ltd grew its position in AT&T by 5.3% during the first 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 purchased a new stake in AT&T in the 1st quarter worth approximately $2,901,000. Sound Income Strategies LLC lifted its position in AT&T by 19.8% in the 3rd quarter. Sound Income Strategies LLC now owns 754,818 shares of the technology company’s stock worth $18,772,000 after buying an additional 124,997 shares in the last quarter. Orographic Financial Advisors LLC acquired a new stake in shares of AT&T during the 1st quarter valued at $3,449,000. Finally, B.A. Schrock Wealth Management Inc. acquired a new stake in shares of AT&T during the 3rd quarter valued at $1,583,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Trading Down 6.3%

Shares of NYSE T opened at $21.95 on Thursday. The business has a 50 day simple moving average of $24.90 and a 200 day simple moving average of $24.29. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.43. The stock has a market cap of $150.38 billion, a price-to-earnings ratio of 7.27, a PEG ratio of 1.14 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.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, October 21st. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.05. The firm had revenue of $32.32 billion for the quarter, compared to analyst estimates of $31.69 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company’s revenue for the quarter was up 5.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 earnings per share. On average, research analysts predict that AT&T Inc. will post 2.33 earnings per share for the current fiscal year.

AT&T Announces Dividend

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 paid a dividend of $0.2775 per share. The ex-dividend date is Friday, October 9th. This represents a $1.11 annualized dividend and a dividend yield of 5.1%. AT&T’s dividend payout ratio is 36.75%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T reported adjusted third-quarter EPS of $0.65 and revenue of $32.32 billion, exceeding consensus estimates. Revenue increased approximately 5.2% year over year. Stock Market Today, Oct. 21: AT&T Beats Earnings on Strong Fiber Growth, Raises 2026 Profit Outlook
• Positive Sentiment: Growth was led by record Advanced Connectivity additions of 769,000, including 442,000 fiber and 327,000 fixed-wireless customers, along with 379,000 postpaid phone net additions. AT&T also added more than 1 million advanced-connectivity customers for a second consecutive quarter. T Q3 Earnings Beat Estimates on Fiber and Wireless Growth
• Positive Sentiment: Management raised its 2026 adjusted EPS outlook to approximately $2.40, maintained its long-term double-digit adjusted-earnings growth target, and plans roughly $10 billion in 2026 share repurchases. It also lowered planned annual capital investment for 2027 and 2028 to $22 billion-$23 billion. AT&T raises 2026 earnings outlook as fibre and wireless growth accelerates
• Neutral Sentiment: AT&T CEO John Stankey downplayed the threat from SpaceX’s Starlink Mobile, saying low-Earth-orbit networks are particularly useful for rural coverage. However, investors remain concerned that satellite competition could pressure wireless subscriber growth, pricing, and promotional spending. AT&T’s CEO throws shade at Musk’s Starlink mobile ambitions
• Negative Sentiment: Reported results included a $2.6 billion noncash impairment tied to the Mexico wireless business, while net debt rose to approximately $149.8 billion following the EchoStar spectrum transaction. Management now expects to return to its 2.5-times net-debt-to-adjusted-EBITDA target during 2029, signaling slower deleveraging than some investors expected. AT&T Slides After Earnings as Investors Focus on Debt, Spending and an Impairment Charge

Analyst Upgrades and Downgrades

T has been the topic of several research analyst reports. Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price target on the stock in a report on Thursday, July 23rd. BNP Paribas Exane upgraded AT&T from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $26.00 to $30.00 in a report on Monday, September 21st. KeyCorp reiterated an “overweight” rating and set a $36.00 price objective on shares of AT&T in a report on Wednesday, October 7th. Wells Fargo & Company lifted 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. Finally, Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, August 3rd. Eleven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $28.89.

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.