26,891 AT&T Inc. $T Shares Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC increased its position in shares of AT&T Inc. (NYSE:T) by 27.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 124,993 shares of the technology company’s stock after acquiring an additional 26,891 shares during the period. Simplicity Wealth LLC’s holdings in AT&T were worth $3,050,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in AT&T in the second quarter valued at $2,310,898,000. GQG Partners LLC purchased a new position in shares of AT&T in the second quarter valued at $1,223,364,000. Legal & General Group Plc acquired a new position in shares of AT&T during the 2nd quarter worth $960,695,000. State Street Corp raised its stake in shares of 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 buying an additional 18,468,679 shares during the last quarter. Finally, Nykredit A S acquired a new position in shares of AT&T during the 2nd quarter worth $259,954,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T reported third-quarter adjusted earnings of $0.65 per share and revenue of $32.32 billion, exceeding consensus estimates of $0.60 and $31.69 billion, respectively. Revenue increased roughly 5% year over year. AT&T Stock Sinks on Subscriber and SpaceX Worries
• Positive Sentiment: Analysts continue to see long-term value in the stock. Argus reaffirmed a Buy rating with a $30 price target, while JPMorgan maintained an Overweight rating at $31; Erste Group also modestly raised its 2026 EPS estimate to $2.35. Argus AT&T rating
• Neutral Sentiment: Citi estimates that SpaceX’s Starlink wireless service may not launch nationally until 2029 or later, but reported talks to secure access to as many as 80,000 U.S. cell sites could accelerate the competitive timeline. Starlink Is Years Away From Competing With AT&T
• Negative Sentiment: SpaceX’s potential entry as a fourth nationwide wireless carrier raised fears of greater pricing pressure, subscriber losses and higher network costs for AT&T, Verizon and T-Mobile. Tower operators benefited because SpaceX may become a major tenant, while telecom carriers sold off. AT&T Slides on SpaceX Cell-Site Talks
• Negative Sentiment: Investors also remain concerned about AT&T’s subscriber trends, elevated leverage and margin pressure. The company’s plan to reduce planned capital spending by roughly $1 billion in 2027–28 while maintaining its 2030 fiber goal may support cash flow, but introductory pricing could weigh on fiber economics. AT&T Q3 Earnings Call and Fiber Strategy

Wall Street Analyst Weigh In

Several research firms recently commented on T. Barclays decreased their price objective on shares of AT&T from $24.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Thursday. Wells Fargo & Company raised their target price on shares of AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday, July 23rd. Weiss Ratings upgraded shares of AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price for the company in a research report on Thursday, July 23rd. Finally, The Goldman Sachs Group set a $27.00 price target on shares of AT&T in a report on Wednesday. Twelve 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $28.55.

AT&T Price Performance

Shares of NYSE:T opened at $20.96 on Monday. The business’s fifty day moving average price is $24.78 and its two-hundred day moving average price is $24.20. The stock has a market cap of $141.23 billion, a PE ratio of 11.33, a price-to-earnings-growth ratio of 1.04 and a beta of 0.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.82 and a current ratio of 0.87. AT&T Inc. has a one year low of $19.89 and a one year high of $29.43.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, October 21st. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.05. AT&T had a return on equity of 13.41% and a net margin of 10.19%. The company had revenue of $32.32 billion during the quarter, compared to analysts’ expectations of $31.69 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. The business’s revenue for the quarter was up 5.2% compared to the same quarter last year. On average, analysts forecast that AT&T Inc. will post 2.39 EPS for the current fiscal year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be paid a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.3%. AT&T’s dividend payout ratio (DPR) is presently 60.00%.

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.