Public Employees Retirement System of Ohio Cuts Stake in AT&T Inc. $T

Public Employees Retirement System of Ohio reduced its position in shares of AT&T Inc. (NYSE:T) by 3.6% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,929,311 shares of the technology company’s stock after selling 109,100 shares during the period. Public Employees Retirement System of Ohio’s holdings in AT&T were worth $84,921,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in T. Brighton Jones LLC grew its holdings in shares of AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after buying an additional 10,188 shares in the last quarter. Osterweis Capital Management Inc. lifted its stake in shares of AT&T by 4,352.9% in the second quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after buying an additional 6,094 shares in the last quarter. Main Street Financial Solutions LLC lifted its stake in shares of AT&T by 4.0% in the second quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after buying an additional 1,022 shares in the last quarter. HUB Investment Partners LLC boosted its position in AT&T by 19.6% during the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock worth $1,613,000 after acquiring an additional 9,115 shares during the last quarter. Finally, Peapack Gladstone Financial Corp boosted its position in AT&T by 1.8% during the second quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after acquiring an additional 3,677 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T News Summary

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

• Positive Sentiment: AT&T beat Q2 earnings estimates with adjusted EPS of $0.65 versus expectations near $0.59, helping reinforce the case that its wireless and fiber strategy is working. AT&T Earnings Beat. CEO Stankey: Starlink Deal Not Needed At All
• Positive Sentiment: Revenue missed estimates, but investors focused more on the strong operational details: more than 1 million advanced connectivity customer additions, including solid postpaid wireless and broadband growth, plus improving free cash flow. AT&T’s stock rises after earnings. Here’s why investors are cheering.
• Positive Sentiment: Management reiterated its 2026 outlook and said it plans faster share repurchases, which supports the bull case for AT&T’s valuation and dividend/capital-return story. AT&T Delivers Strong Second-Quarter Results as Investment-Led Strategy Gains Momentum
• Positive Sentiment: Several analyst notes turned more constructive after the report, with commentary saying SpaceX/Starlink fears may be exaggerated and that AT&T’s wireless execution remains strong. AT&T Stock Gets Upgraded. SpaceX Worries Are Overblown.
• Neutral Sentiment: Some reports still highlighted the revenue miss and heavy capital spending as ongoing risks, even as the company’s growth narrative improved. AT&T Stock Outlook Hinges on Fiber Growth and Wireless Risks in 2026
• Neutral Sentiment: AT&T also faced a modest analyst price-target cut from Argus, though the firm kept a buy rating, suggesting valuation remains supportive but not without caution. Argus price target update

Wall Street Analyst Weigh In

T has been the subject of a number of recent research reports. Sanford C. Bernstein reiterated an “outperform” rating and issued a $25.00 price objective on shares of AT&T in a report on Monday, July 13th. Wells Fargo & Company boosted their target price on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a report on Thursday. Argus dropped their price target on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research report on Thursday. Barclays dropped their price target on AT&T from $26.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, July 8th. Finally, Royal Bank Of Canada cut their price target on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Monday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.

AT&T Price Performance

NYSE:T opened at $22.95 on Friday. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $159.44 billion, a P/E ratio of 7.60, a P/E/G ratio of 0.91 and a beta of 0.24. The stock’s fifty day moving average is $22.79 and its two-hundred day moving average is $25.24.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.59 by $0.06. The business had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The company’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts expect that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be given a $0.2775 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.8%. AT&T’s dividend payout ratio is presently 37.25%.

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.