Vontobel Holding Ltd. lessened its holdings in AT&T Inc. (NYSE:T – Free Report) by 6.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,854,828 shares of the technology company’s stock after selling 210,396 shares during the period. Vontobel Holding Ltd.’s holdings in AT&T were worth $69,658,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Mosley Wealth Management raised its position in shares of AT&T by 21.2% in the third quarter. Mosley Wealth Management now owns 22,411 shares of the technology company’s stock valued at $527,000 after purchasing an additional 3,921 shares during the period. TD Waterhouse Canada Inc. lifted its stake in shares of AT&T by 2.5% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,551,549 shares of the technology company’s stock worth $38,256,000 after buying an additional 38,498 shares during the last quarter. James T. Borello RIA lifted its stake in shares of AT&T by 91.8% during the 3rd quarter. James T. Borello RIA now owns 3,930 shares of the technology company’s stock worth $96,000 after buying an additional 1,881 shares during the last quarter. Aspiriant LLC bought a new stake in shares of AT&T during the 3rd quarter worth about $202,000. Finally, Pension & Wealth Management Advisors Inc. boosted its holdings in shares of AT&T by 836.0% during the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 8,396 shares of the technology company’s stock worth $205,000 after buying an additional 7,499 shares during the period. Institutional investors own 57.10% of the company’s stock.
AT&T Stock Performance
NYSE T traded down $0.06 on Friday, reaching $23.44. The stock had a trading volume of 52,999,369 shares, compared to its average volume of 46,107,880. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The company has a market cap of $160.65 billion, a P/E ratio of 7.76, a price-to-earnings-growth ratio of 1.14 and a beta of 0.25. The firm has a fifty day moving average of $24.98 and a two-hundred day moving average of $24.44. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.43.
AT&T (NYSE:T – Get Free Report) 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. AT&T had a return on equity of 12.86% and a net margin of 16.94%. The company had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. During the same quarter last year, the firm earned $0.54 earnings per share. The company’s revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts anticipate that AT&T Inc. will post 2.33 EPS for the current year.
AT&T Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio (DPR) is currently 36.75%.
Key Headlines Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Mexico exit supports U.S. investment: AT&T agreed to sell its Mexican wireless operations to Grupo Televisa and Fintech Holdings for approximately $2 billion. Management plans to redirect resources toward U.S. fiber and 5G, while the transaction should simplify AT&T’s international footprint and provide additional financial flexibility. AT&T Agrees To Exit Its Mexican Wireless Business
- Positive Sentiment: Fiber expansion remains a growth priority: AT&T’s $5.75 billion acquisition of Lumen Technologies’ consumer fiber business adds more than 1 million subscribers and reaches over 4 million locations. The deal could accelerate broadband expansion and strengthen AT&T’s ability to bundle fiber with wireless services. AT&T Does Buying Fiber Create More Value Than Building It?
- Positive Sentiment: AT&T expanded its customer-service guarantee, promising access to an expert within five minutes or a callback, with additional support for customers combining fiber and wireless services. The initiative could aid customer retention, although its direct financial impact is uncertain. AT&T Expands America’s Best Guarantee
- Neutral Sentiment: Construction of AT&T’s planned $1 billion-plus Plano headquarters campus is expected to begin December 1, with completion targeted for March 2029. The project reinforces its corporate presence but represents a substantial long-term capital commitment. AT&T Plano Headquarters Construction Eyed for December 1 Start
- Neutral Sentiment: Investors are awaiting third-quarter results on October 21. Beyond revenue and EPS, attention will likely center on wireless subscribers, broadband growth, cash flow, and management’s outlook. Countdown to AT&T Q3 Earnings
- Negative Sentiment: Bernstein downgraded AT&T to Market Perform amid concerns that SpaceX’s satellite connectivity could increase competitive pressure on traditional wireless operators. The downgrade adds near-term selling pressure ahead of earnings. AT&T Stock Downgraded Over SpaceX
Analyst Ratings Changes
A number of brokerages recently commented on T. Royal Bank Of Canada decreased their price target on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a research note on Monday, July 20th. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. Argus cut their price objective on shares of AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. The Goldman Sachs Group set a $30.00 price objective on AT&T in a report on Wednesday, July 22nd. Finally, Sanford C. Bernstein cut AT&T from an “outperform” rating to a “market perform” rating and set a $24.00 price objective for the company. in a report on Tuesday. Eleven equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and an average target price of $29.05.
AT&T Company Profile
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.
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