Quantinno Capital Management LP Has $93.46 Million Stake in AT&T Inc. $T

Quantinno Capital Management LP grew its stake in shares of AT&T Inc. (NYSE:T) by 34.2% in the first quarter, HoldingsChannel.com reports. The firm owned 3,223,813 shares of the technology company’s stock after purchasing an additional 822,299 shares during the period. Quantinno Capital Management LP’s holdings in AT&T were worth $93,458,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Lazard Asset Management LLC lifted its holdings in shares of AT&T by 12.8% in the first quarter. Lazard Asset Management LLC now owns 776,184 shares of the technology company’s stock valued at $22,502,000 after purchasing an additional 88,221 shares in the last quarter. Family Manage LLC purchased a new position in shares of AT&T during the first quarter valued at approximately $1,623,000. Gateway Wealth Partners LLC grew its holdings in AT&T by 438.3% during the first quarter. Gateway Wealth Partners LLC now owns 121,607 shares of the technology company’s stock worth $3,525,000 after buying an additional 99,016 shares in the last quarter. Royal Capital Wealth Management LLC bought a new stake in AT&T during the first quarter worth $203,000. Finally, Cypress Capital Group raised its position in AT&T by 22.9% in the 1st quarter. Cypress Capital Group now owns 61,808 shares of the technology company’s stock valued at $1,792,000 after buying an additional 11,504 shares during the last quarter. 57.10% of the stock is 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: Earnings beat and larger buyback support sentiment. AT&T reported adjusted earnings of $0.65 per share, exceeding the $0.59 consensus estimate, with revenue increasing 2.3% year over year. Management also raised its 2026 share-repurchase plan to approximately $10 billion from $8 billion. At roughly eight times earnings and with a dividend yield near 4.6%, the stock continues to appeal to value and income investors. AT&T Beat on Earnings, Announced a $10 Billion Buyback, and Still Trades at 8 Times Earnings With a 4.6% Yield
• Positive Sentiment: Expanded D-Wave partnership provides a technology and efficiency catalyst. AT&T will broaden its use of D-Wave Quantum’s (NYSE: QBTS) annealing systems for network optimization, including outage detection, technician routing, and traffic management. Initial testing reportedly reduced processing time from about one hour to less than 15 seconds. The agreement offers commercial validation of AT&T’s AI and network-modernization strategy, although the near-term financial contribution is not disclosed. D-Wave Wins Wider AT&T Deal After 15-Second Test
• Positive Sentiment: Fiber growth and cash generation reinforce the long-term investment case. Recent commentary highlights AT&T’s fiber expansion, reliable free-cash-flow profile, and ability to fund dividends, debt reduction, and repurchases. These factors have helped ease earlier concerns about the company’s operational performance and balance sheet. AT&T: Keep Adding This Reliable Income Provider
• Neutral Sentiment: Valuation remains supportive, but upside may depend on execution. AT&T’s low price-to-earnings ratio and 2026 earnings guidance of $2.25 to $2.35 provide downside support. However, revenue modestly missed estimates in the latest quarter, and the company’s debt and capital-intensive fiber buildout remain important risks for investors to monitor.

AT&T Stock Performance

Shares of T opened at $24.43 on Tuesday. The stock has a 50 day moving average of $22.79 and a 200 day moving average of $25.24. The company has a market capitalization of $167.44 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 0.98 and a beta of 0.24. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79. 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 posted its quarterly earnings data 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. The business had revenue of $31.56 billion for the quarter, compared to analysts’ expectations of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The business’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts forecast that AT&T Inc. will post 2.34 earnings per share for the current year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, July 10th. AT&T’s payout ratio is 36.75%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the company. Morgan Stanley raised their price objective on AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday. Wall Street Zen upgraded shares of AT&T from a “sell” rating to a “hold” rating in a research note on Saturday, June 20th. BNP Paribas Exane lowered their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, April 23rd. The Goldman Sachs Group set a $30.00 price target on shares of AT&T in a research report on Wednesday, July 22nd. Finally, Royal Bank Of Canada cut their price target on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently 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.