AT&T Inc. $T Shares Bought by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp grew its holdings in AT&T Inc. (NYSE:T) by 11.7% in the 2nd quarter, Holdings Channel.com reports. The fund owned 5,681,880 shares of the technology company’s stock after buying an additional 595,735 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in AT&T were worth $117,615,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of T. Norges Bank purchased a new position in shares of AT&T in the 4th quarter valued at approximately $2,181,977,000. Amundi grew its position in AT&T by 67.5% during the 3rd quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after purchasing an additional 17,040,328 shares during the last quarter. Alyeska Investment Group L.P. increased its stake in AT&T by 620.8% during the 4th quarter. Alyeska Investment Group L.P. now owns 11,891,778 shares of the technology company’s stock valued at $295,392,000 after purchasing an additional 10,241,949 shares in the last quarter. State Street Corp raised its holdings in shares of AT&T by 2.6% in the fourth quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock worth $8,249,109,000 after buying an additional 8,314,678 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of AT&T by 49.2% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 25,155,597 shares of the technology company’s stock worth $624,865,000 after buying an additional 8,297,201 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T reportedly reduced expenses for coding and other advanced AI tasks by as much as 56% by routing workloads to lower-cost models and using open-source technology. The reported quality decline was only about 2%, suggesting a meaningful opportunity to improve efficiency and margins. AT&T Slashes AI Costs by Adopting Model Routers and Open Source
• Positive Sentiment: AT&T partnered with, and invested in, Hark to support AI-native consumer devices through network connectivity, device certification and infrastructure. The deal could create future wireless demand and position AT&T to participate in emerging AI hardware markets, although near-term financial benefits are unclear. Hark and AT&T Partner on Connectivity for Future AI Devices
• Positive Sentiment: Coverage points to continued momentum in AT&T’s Advanced Connectivity segment, supported by fiber expansion, customer convergence and rising demand for networks capable of handling AI workloads. Sustained execution could provide a growth catalyst beyond the company’s traditional wireless operations. T Rides on Strength in Advanced Connectivity Segment
• Neutral Sentiment: One analysis argues that AT&T is outperforming several telecom peers but that its valuation does not fully reflect that performance, potentially supporting further appreciation if operating results remain strong. The Peer-Group Mispricing Sitting On T Stock
• Negative Sentiment: Dividend-focused commentary notes that AT&T’s approximately 4.5% yield is attractive, but argues that growth will likely remain slow and that increasing average revenue per customer is an important—and limited—route to stronger results. Yielding 4.5%, Should Dividend Stock Investors Buy AT&T Stock?

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on T. Argus dropped their price objective on shares of AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. The Goldman Sachs Group set a $30.00 price target on AT&T in a research report on Wednesday, July 22nd. TD Cowen boosted their price target on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. BNP Paribas Exane cut their price objective on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. Finally, Morgan Stanley lifted their target price on AT&T from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Thursday, July 23rd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $29.19.

AT&T Trading Up 0.4%

Shares of AT&T stock opened at $25.21 on Friday. The firm has a fifty day moving average price of $22.79 and a 200 day moving average price of $25.27. The stock has a market cap of $172.75 billion, a PE ratio of 8.35, a price-to-earnings-growth ratio of 1.02 and a beta of 0.23. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.79. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93.

AT&T (NYSE:T) last issued its earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The company’s revenue was up 2.3% compared to the same quarter last year. 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. Equities research analysts predict that AT&T Inc. will post 2.34 earnings per share for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were paid a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.4%. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

AT&T Profile

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.