Wiregrass Investment Management LLC Lowers Stock Holdings in AT&T Inc. $T

Wiregrass Investment Management LLC reduced its stake in AT&T Inc. (NYSE:T) by 79.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,436 shares of the technology company’s stock after selling 36,634 shares during the period. Wiregrass Investment Management LLC’s holdings in AT&T were worth $274,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T during the fourth quarter valued at approximately $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T in the fourth quarter worth approximately $25,000. Cresta Advisors Ltd. bought a new position in AT&T in the fourth quarter worth approximately $26,000. Blueline Advisors LLC purchased a new position in AT&T during the 4th quarter worth $26,000. Finally, Winnow Wealth LLC increased its holdings in AT&T by 362.8% during the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after purchasing an additional 820 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T beat Q2 adjusted EPS expectations at $0.65 versus roughly $0.59 expected, helping reinforce the company’s earnings momentum. AT&T Delivers Strong Second-Quarter Results as Investment-Led Strategy Gains Momentum
• Positive Sentiment: The company added more than 1 million advanced connectivity customers, including strong postpaid phone and broadband growth, which suggests its wireless and fiber strategy is gaining traction. AT&T tops targets for wireless subscriber additions as bundle offers gain traction
• Positive Sentiment: Free cash flow improved and AT&T reiterated its full-year 2026 guidance while signaling faster buybacks, which is supportive of shareholder returns and valuation. AT&T’s stock rises after earnings. Here’s why investors are cheering.
• Neutral Sentiment: Revenue came in slightly below estimates, so the report was not a clean beat across all metrics even though profits and subscriptions were strong. AT&T (NYSE:T) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings
• Neutral Sentiment: Investor attention remains focused on competition from satellite players like SpaceX/Starlink, but management pushed back on those fears, suggesting the threat may be overstated for now. Why AT&T Stock Rallied Today

AT&T Stock Performance

Shares of NYSE:T opened at $23.04 on Thursday. The company has a market capitalization of $160.06 billion, a price-to-earnings ratio of 7.73, a price-to-earnings-growth ratio of 0.88 and a beta of 0.24. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The firm has a 50 day moving average of $22.83 and a 200 day moving average of $25.25.

AT&T (NYSE:T) last posted its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The company had revenue of $31.56 billion during the quarter, compared to analyst estimates of $31.80 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.AT&T’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts predict that AT&T Inc. will post 2.32 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid 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 is Friday, July 10th. AT&T’s dividend payout ratio is 37.25%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Scotiabank decreased their target price on AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a research report on Wednesday, July 15th. Barclays cut their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Sanford C. Bernstein restated an “outperform” rating and issued a $25.00 price objective on shares of AT&T in a report on Monday, July 13th. Wells Fargo & Company initiated coverage on shares of AT&T in a research note on Wednesday, July 8th. They issued an “underweight” rating and a $18.00 price objective for the company. Finally, Weiss Ratings cut shares of AT&T from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $29.19.

About AT&T

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.