38,498 AT&T Inc. $T Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. grew its position in AT&T Inc. (NYSE:T) by 2.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,551,549 shares of the technology company’s stock after buying an additional 38,498 shares during the period. TD Waterhouse Canada Inc.’s holdings in AT&T were worth $38,256,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. State Street Corp boosted its holdings in AT&T by 5.8% in the second quarter. State Street Corp now owns 334,273,613 shares of the technology company’s stock worth $6,919,464,000 after acquiring an additional 18,468,679 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of AT&T by 4.6% in the first quarter. Bank of America Corp DE now owns 125,191,700 shares of the technology company’s stock worth $3,629,307,000 after buying an additional 5,449,222 shares during the last quarter. Bank of New York Mellon Corp raised its stake in AT&T by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 75,323,574 shares of the technology company’s stock worth $1,559,198,000 after acquiring an additional 2,559,065 shares during the last quarter. GQG Partners LLC purchased a new position in shares of AT&T in the second quarter worth about $1,223,364,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in AT&T by 2.5% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 55,616,152 shares of the technology company’s stock worth $1,151,254,000 after buying an additional 1,336,556 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Stock Performance

NYSE T opened at $23.44 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.93 and a current ratio of 0.97. The stock’s fifty day moving average is $24.98 and its two-hundred day moving average is $24.44. The firm has a market capitalization of $160.65 billion, a P/E ratio of 7.76, a price-to-earnings-growth ratio of 1.14 and a beta of 0.25. AT&T Inc. has a fifty-two week low of $19.89 and a fifty-two week high of $29.43.

AT&T (NYSE:T) last issued its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%. The business had revenue of $31.56 billion during the quarter, compared to the consensus estimate of $31.80 billion. During the same period last year, the company earned $0.54 EPS. The company’s revenue for the quarter was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts anticipate that AT&T Inc. will post 2.33 earnings per share for the current year.

AT&T Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Monday, October 12th will be given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.7%. The ex-dividend date is Friday, October 9th. AT&T’s dividend payout ratio (DPR) is presently 36.75%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Mexico exit supports U.S. investment: AT&T agreed to sell its Mexican wireless operations to Grupo Televisa and Fintech Holdings for approximately $2 billion. Management plans to redirect resources toward U.S. fiber and 5G, while the transaction should simplify AT&T’s international footprint and provide additional financial flexibility. AT&T Agrees To Exit Its Mexican Wireless Business
• Positive Sentiment: Fiber expansion remains a growth priority: AT&T’s $5.75 billion acquisition of Lumen Technologies’ consumer fiber business adds more than 1 million subscribers and reaches over 4 million locations. The deal could accelerate broadband expansion and strengthen AT&T’s ability to bundle fiber with wireless services. AT&T Does Buying Fiber Create More Value Than Building It?
• Positive Sentiment: AT&T expanded its customer-service guarantee, promising access to an expert within five minutes or a callback, with additional support for customers combining fiber and wireless services. The initiative could aid customer retention, although its direct financial impact is uncertain. AT&T Expands America’s Best Guarantee
• Neutral Sentiment: Construction of AT&T’s planned $1 billion-plus Plano headquarters campus is expected to begin December 1, with completion targeted for March 2029. The project reinforces its corporate presence but represents a substantial long-term capital commitment. AT&T Plano Headquarters Construction Eyed for December 1 Start
• Neutral Sentiment: Investors are awaiting third-quarter results on October 21. Beyond revenue and EPS, attention will likely center on wireless subscribers, broadband growth, cash flow, and management’s outlook. Countdown to AT&T Q3 Earnings
• Negative Sentiment: Bernstein downgraded AT&T to Market Perform amid concerns that SpaceX’s satellite connectivity could increase competitive pressure on traditional wireless operators. The downgrade adds near-term selling pressure ahead of earnings. AT&T Stock Downgraded Over SpaceX

Wall Street Analyst Weigh In

T has been the subject of several analyst reports. Morgan Stanley boosted their price objective on AT&T from $27.00 to $28.00 and gave the company an “overweight” rating in a report on Monday, September 28th. The Goldman Sachs Group set a $30.00 price objective on shares of AT&T in a report on Wednesday, July 22nd. Wolfe Research upgraded AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price on the stock in a research report on Thursday, July 23rd. Weiss Ratings raised shares of AT&T from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, August 3rd. Finally, Sanford C. Bernstein cut shares of AT&T from an “outperform” rating to a “market perform” rating and set a $24.00 price objective for the company. in a research note on Tuesday. Eleven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, AT&T presently has an average rating of “Moderate Buy” and a consensus target price of $29.05.

About AT&T

AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.

The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.

AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.