Oslo Pensjonsforsikring AS purchased a new stake in AT&T Inc. (NYSE:T – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 25,602 shares of the technology company’s stock, valued at approximately $742,000.
Other large investors also recently bought and sold shares of the company. IFM Investors Pty Ltd lifted its stake in AT&T by 5.3% in 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 in the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new stake in AT&T in the 1st quarter worth about $2,901,000. Annex Advisory Services LLC increased its stake in AT&T by 749.1% during the 4th quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock worth $3,964,000 after buying an additional 140,802 shares in the last quarter. World Investment Advisors increased its stake in AT&T by 85.0% during the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after buying an additional 155,728 shares in the last quarter. Finally, Cerity Partners LLC increased its stake in AT&T by 3.7% during the 4th quarter. Cerity Partners LLC now owns 1,668,862 shares of the technology company’s stock worth $41,449,000 after buying an additional 59,279 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.
AT&T Stock Up 1.5%
T stock opened at $22.27 on Wednesday. The company has a market cap of $154.76 billion, a price-to-earnings ratio of 7.47, a PEG ratio of 0.86 and a beta of 0.24. The company has a current ratio of 0.92, a quick ratio of 0.87 and a debt-to-equity ratio of 1.05. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79. The firm has a 50-day moving average of $22.86 and a two-hundred day moving average of $25.26.
AT&T Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be given a dividend of $0.2775 per share. The ex-dividend date is Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a yield of 5.0%. AT&T’s dividend payout ratio (DPR) is presently 37.25%.
More AT&T News
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T is heading into earnings with expectations for continued revenue and EPS growth, and recent previews suggest investors are watching for signs the company can keep its wireless momentum intact. AT&T (T) Q2 Earnings: What To Expect
- Positive Sentiment: AT&T was highlighted as one of the most engaging advertisers during the FIFA World Cup 2026, a small but positive visibility boost for the brand. Kalshi, Oura Ring, and AT&T Score the Most Engaging Ads of the FIFA World Cup 2026™
- Positive Sentiment: AT&T is also working on network-security tools to fight identity fraud and testing low-latency 5G mobility, which supports its long-term network investment story. AT&T (T) Takes On Identity Fraud While Testing Real Time 5G Mobility
- Neutral Sentiment: Large lobbying disclosures and congressional trading activity were reported, but these items are not likely to move the stock in the near term.
- Negative Sentiment: Investor concern is building around competitive pressure from SpaceX/Starlink speculation, which could weigh on sentiment toward AT&T’s wireless business if fears of new competition intensify. AT&T Stock Has a Big SpaceX Problem, and Earnings Won’t Solve It
- Negative Sentiment: RBC’s lower price target signals some softening in analyst enthusiasm, even though the firm still rates AT&T favorably. AT&T had its price target lowered by Royal Bank Of Canada
- Negative Sentiment: Reports that AT&T is raising prices again, including for lower-income customers, could hurt sentiment if investors worry about customer backlash or churn. AT&T is raising prices again, and this time low-income customers won’t be spared
Analysts Set New Price Targets
Several research firms have recently weighed in on T. BNP Paribas Exane decreased their target price on AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Wall Street Zen upgraded AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Oppenheimer downgraded AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Scotiabank decreased their price objective on AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a report on Wednesday, July 15th. Finally, Barclays lowered their target price on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $29.14.
Read Our Latest Stock Analysis on AT&T
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.
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