West Family Investments Inc. Invests $671,000 in AT&T Inc. $T

West Family Investments Inc. bought a new stake in AT&T Inc. (NYSE:T) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 32,435 shares of the technology company’s stock, valued at approximately $671,000.

A number of other institutional investors have also made changes to their positions in T. Rachor Investment Advisory Services LLC bought a new stake in AT&T during the 4th quarter worth about $25,000. Safe Harbor Fiduciary LLC bought a new position in shares of AT&T in the fourth quarter worth about $25,000. Cresta Advisors Ltd. bought a new position in shares of AT&T in the fourth quarter worth about $26,000. Blueline Advisors LLC acquired a new position in shares of AT&T during the fourth quarter worth approximately $26,000. Finally, Winnow Wealth LLC lifted its position in shares of AT&T by 362.8% during the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after purchasing an additional 820 shares in the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Stock Up 0.2%

Shares of NYSE T opened at $25.33 on Monday. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.79. The firm’s 50-day moving average is $22.83 and its 200-day moving average is $25.27. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $173.57 billion, a PE ratio of 8.39, a price-to-earnings-growth ratio of 1.03 and a beta of 0.23.

AT&T (NYSE:T) last posted its quarterly 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 net margin of 16.94% and a return on equity of 12.86%. The business had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. During the same period in the previous year, the firm posted $0.54 earnings per share. AT&T’s revenue for the quarter 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. Equities analysts expect that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Announces Dividend

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

Wall Street Analyst Weigh In

T has been the subject of a number of research reports. Wolfe Research raised shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price target for the company in a report on Thursday, July 23rd. Weiss Ratings raised AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, August 3rd. TD Cowen increased their price objective on AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research report on Thursday, July 23rd. The Goldman Sachs Group set a $30.00 target price on AT&T in a research note on Wednesday, July 22nd. Finally, 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 research report on Thursday, July 23rd. One 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.19.

Key AT&T News

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

• Positive Sentiment: AT&T’s post-earnings momentum remains constructive: the company reported quarterly EPS of $0.65 versus the $0.59 consensus estimate, while revenue increased 2.3% year over year. Analysts are watching whether earnings estimates and the stock’s advance can continue. AT&T Up 9.5% Since Last Earnings Report
• Positive Sentiment: AT&T’s Advanced Connectivity business is gaining traction through fiber expansion, customer convergence and rising demand for AI-related network capacity. This supports the company’s longer-term growth outlook and helps offset slower legacy operations. AT&T Rides on Strength in Advanced Connectivity
• Positive Sentiment: A partnership with Hark gives AT&T exposure to emerging AI-native consumer devices. AT&T will invest in Hark and provide connectivity, certification and infrastructure support, potentially creating incremental traffic and device-related revenue opportunities. Hark and AT&T Partner on Connectivity for Future AI Devices
• Positive Sentiment: AT&T reportedly reduced the cost of coding and other AI tasks by as much as 56% by using model-routing tools and open-source systems, with only a modest decline in output quality. Lower internal AI costs could support productivity and margins. AT&T Slashes AI Costs by Adopting Model Routers and Open Source
• Neutral Sentiment: Analysts continue to highlight AT&T as a highly ranked value and income stock, with a roughly 4.5% dividend yield and a low earnings multiple. However, the company’s growth is expected to remain moderate, making customer revenue increases important. AT&T Is a Top-Ranked Value Stock
• Negative Sentiment: Bernstein cautions that SpaceX’s potential telecom ambitions could intensify competition for AT&T, Verizon and T-Mobile. Meanwhile, heavy capital spending, elevated interest rates and industry balance-sheet pressures remain risks. Bernstein Remains Bullish on SpaceX

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.