UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $1.15 Billion Stock Position in AT&T Inc. $T

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of AT&T Inc. (NYSE:T) by 2.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 55,616,152 shares of the technology company’s stock after acquiring an additional 1,336,556 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in AT&T were worth $1,151,254,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Mufg Securities Americas Inc. boosted its holdings in shares of AT&T by 8.1% during the 2nd quarter. Mufg Securities Americas Inc. now owns 209,275 shares of the technology company’s stock valued at $4,332,000 after acquiring an additional 15,606 shares in the last quarter. Van ECK Associates Corp increased its holdings in AT&T by 10.7% in the 2nd quarter. Van ECK Associates Corp now owns 554,945 shares of the technology company’s stock worth $11,487,000 after purchasing an additional 53,796 shares in the last quarter. Nissay Asset Management Corp Japan raised its position in AT&T by 1.9% in the second quarter. Nissay Asset Management Corp Japan now owns 943,340 shares of the technology company’s stock valued at $19,527,000 after purchasing an additional 17,727 shares during the last quarter. BNP Paribas raised its position in AT&T by 2.7% in the second quarter. BNP Paribas now owns 669,629 shares of the technology company’s stock valued at $13,855,000 after purchasing an additional 17,865 shares during the last quarter. Finally, Field & Main Bank bought a new position in AT&T in the second quarter valued at about $491,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.

AT&T Stock Up 2.4%

Shares of T opened at $26.03 on Friday. The company has a market capitalization of $178.37 billion, a PE ratio of 8.62, a PEG ratio of 1.06 and a beta of 0.23. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79. The stock’s 50-day moving average price is $23.15 and its two-hundred day moving average price is $25.23. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.06. The firm 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 business’s revenue was up 2.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, analysts anticipate that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were issued a $0.2775 dividend. The ex-dividend date was Friday, July 10th. This represents a $1.11 annualized dividend and a yield of 4.3%. AT&T’s dividend payout ratio is presently 36.75%.

AT&T News Summary

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

• Positive Sentiment: AT&T’s operating margin reportedly reached a multi-year high as the company winds down its copper network. Lower legacy-network costs and operating leverage could improve profitability and support cash generation. AT&T Stock’s Margin Hit A Multi-Year Best As Its Copper Network Winds Down
• Positive Sentiment: Recent bullish investment analysis argues that AT&T’s turnaround has further upside, citing its discounted valuation, robust cash flows, fiber expansion, and growth in its Advanced Connectivity segment. Management’s target for 2026 EBITDA growth of 3%–4%, accelerating to more than 5% annually from 2028, strengthens the long-term case. AT&T Doesn’t Need Heroic Results To Offer Heroic Upside
• Positive Sentiment: AT&T’s investment and partnership with Hark could position its network as an infrastructure provider for AI-native, always-connected consumer devices. The opportunity is early-stage but offers potential exposure to new connectivity demand beyond smartphones. Investors Reacting to AT&T Backing Hark’s AI-Native Device Ecosystem
• Neutral Sentiment: AT&T, T-Mobile, and Verizon are described as overcoming a shared competitive or regulatory challenge involving satellite-based connectivity. The development may ease concerns about satellite disruption, but the article provides limited detail on its direct financial impact. AT&T, T-Mobile, and Verizon Defeat a Common Foe
• Neutral Sentiment: AT&T will release third-quarter 2026 results before the market opens on October 21 and hold a conference call afterward. The announcement itself does not change fundamentals, but it gives investors a near-term catalyst to assess subscriber trends, fiber growth, margins, and guidance. AT&T to Release Third-Quarter 2026 Earnings on Oct. 21
• Neutral Sentiment: AT&T is promoting free Turbo Live access at select football season openers and selling season passes. The campaign could support brand engagement and customer acquisition, but its immediate financial contribution is likely limited. AT&T Kicks Off Football Season with Free Turbo Live

Analyst Ratings Changes

Several analysts have recently weighed in on T shares. Wells Fargo & Company boosted their price target on AT&T from $18.00 to $20.00 and gave the stock an “underweight” rating in a report on Thursday, July 23rd. Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective for the company in a report on Thursday, July 23rd. Morgan Stanley raised their price objective on shares of AT&T from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Thursday, July 23rd. Argus cut their target price on shares of AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a research report on Thursday, July 23rd. Finally, Oppenheimer lowered shares of AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.

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.