Griffith & Werner Inc. lifted its position in AT&T Inc. (NYSE:T – Free Report) by 9.1% in the second quarter, HoldingsChannel reports. The firm owned 266,387 shares of the technology company’s stock after buying an additional 22,321 shares during the period. AT&T makes up about 2.6% of Griffith & Werner Inc.’s portfolio, making the stock its 14th biggest holding. Griffith & Werner Inc.’s holdings in AT&T were worth $5,514,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFM Investors Pty Ltd raised its position in shares of AT&T by 5.3% during the 1st quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock valued at $43,142,000 after buying an additional 74,684 shares during the period. Parr Mcknight Wealth Management Group LLC purchased a new position in AT&T in the first quarter worth approximately $2,901,000. World Investment Advisors increased its stake in AT&T by 85.0% during the fourth quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after acquiring an additional 155,728 shares during the last quarter. Cerity Partners LLC increased its stake in AT&T by 3.7% during the fourth quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock worth $41,449,000 after acquiring an additional 59,279 shares during the last quarter. Finally, ING Groep NV raised its position in AT&T by 120.3% in the fourth quarter. ING Groep NV now owns 2,050,310 shares of the technology company’s stock valued at $50,930,000 after purchasing an additional 1,119,731 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
T has been the subject of a number of research analyst reports. Sanford C. Bernstein reiterated an “outperform” rating and set a $25.00 price target on shares of AT&T in a report on Monday, July 13th. Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company increased their target price on shares of AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research note on Thursday, July 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, TD Cowen boosted their price target on shares of AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $29.19.
AT&T Trading Up 1.3%
T opened at $24.89 on Friday. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The business has a fifty day simple moving average of $22.62 and a 200-day simple moving average of $25.25. The firm has a market cap of $170.58 billion, a P/E ratio of 8.24, a P/E/G ratio of 1.01 and a beta of 0.23. The company has a quick ratio of 0.93, a current ratio of 0.97 and a debt-to-equity ratio of 1.06.
AT&T (NYSE:T – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The business had revenue of $31.56 billion during 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 company’s revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts expect that AT&T Inc. will post 2.34 earnings per share for the current year.
AT&T Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Shareholders of record on Friday, July 10th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, July 10th. AT&T’s payout ratio is currently 36.75%.
AT&T News Roundup
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T is reinforcing its Hawaiian network and deploying disaster-response resources ahead of Tropical Storm Lala. The effort could strengthen customer trust and satisfaction, though the financial impact is likely modest unless it improves retention or attracts new subscribers. Can AT&T’s Disaster Connectivity Efforts Drive Customer Satisfaction?
- Positive Sentiment: AT&T’s chief marketing officer said customers with strong “brand love” are three times less likely to leave, 50% more likely to purchase a second product and less expensive to acquire. If sustained, those trends could lower churn and customer-acquisition costs while supporting revenue growth and profitability. AT&T’s CMO tied brand love to customer economics
- Positive Sentiment: One comparison concludes AT&T offers more upside potential than SpaceX based on stronger recent performance, a cheaper valuation and its 2026 growth outlook. This reinforces the value case behind AT&T’s low earnings multiple, although it does not represent a new company forecast. AT&T vs. SpaceX
- Neutral Sentiment: A post-earnings-sector review benchmarks AT&T against wireless, cable and satellite peers, offering broader context on its second-quarter performance but no clearly identified new catalyst in the available report. Wireless, Cable and Satellite Stocks Q2 Recap
- Negative Sentiment: Although AT&T has more than doubled over three years and still looks inexpensive on several valuation measures, its weaker recent performance and slower growth raise questions about how much further the shares can advance. AT&T Stock Still Looks a Bargain on Earnings but Weaker on Growth
- Negative Sentiment: SpaceX’s ambitions to capture a large share of internet traffic highlight a longer-term competitive threat to traditional connectivity providers, even though current comparisons favor AT&T’s valuation and outlook. SpaceX Internet Traffic Ambitions
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.
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