Erste Asset Management GmbH Lowers Holdings in AT&T Inc. $T

Erste Asset Management GmbH trimmed its stake in shares of AT&T Inc. (NYSE:T) by 67.5% during the 2nd quarter, Holdings Channel reports. The fund owned 446,561 shares of the technology company’s stock after selling 926,708 shares during the quarter. Erste Asset Management GmbH’s holdings in AT&T were worth $9,753,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of T. Rachor Investment Advisory Services LLC purchased a new position in shares of AT&T during the 4th quarter valued at approximately $25,000. Safe Harbor Fiduciary LLC purchased a new stake in AT&T during the fourth quarter worth $25,000. Cresta Advisors Ltd. purchased a new stake in AT&T during the fourth quarter worth $26,000. Blueline Advisors LLC acquired a new stake in AT&T during the fourth quarter valued at $26,000. Finally, Winnow Wealth LLC grew its position in AT&T by 362.8% during the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after buying an additional 820 shares during the period. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T News Summary

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

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. BNP Paribas Exane decreased their price objective on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research report on Thursday, April 23rd. Scotiabank dropped their target price on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research report on Wednesday, July 15th. Barclays cut their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 8th. TD Cowen upped their price target on AT&T from $32.00 to $33.00 and gave the stock a “hold” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company increased their price target on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a research 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 given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and a consensus price target of $29.19.

AT&T Stock Performance

Shares of NYSE:T opened at $24.89 on Friday. 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 Inc. has a 1 year low of $19.89 and a 1 year high of $29.79. The firm has a market capitalization of $170.58 billion, a PE ratio of 8.24, a P/E/G ratio of 1.00 and a beta of 0.23. The business’s 50 day moving average price is $22.62 and its 200-day moving average price is $25.25.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The company had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. During the same quarter in the prior year, the company earned $0.54 EPS. AT&T’s revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts expect that AT&T Inc. will post 2.34 earnings per share for the current fiscal year.

AT&T Announces Dividend

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

AT&T Company 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.