First Trust Advisors LP Has $143.99 Million Position in AT&T Inc. $T

First Trust Advisors LP lessened its position in AT&T Inc. (NYSE:T) by 23.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,966,883 shares of the technology company’s stock after selling 1,525,077 shares during the quarter. First Trust Advisors LP’s holdings in AT&T were worth $143,990,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of the company. Rachor Investment Advisory Services LLC bought a new position in AT&T in the fourth quarter valued at $25,000. Safe Harbor Fiduciary LLC bought a new stake in AT&T during the 4th quarter worth about $25,000. Cresta Advisors Ltd. acquired a new position in shares of AT&T during the 4th quarter worth about $26,000. Blueline Advisors LLC bought a new position in shares of AT&T in the 4th quarter valued at about $26,000. Finally, Winnow Wealth LLC grew its holdings in shares of AT&T by 362.8% in the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after acquiring an additional 820 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

AT&T Price Performance

NYSE:T opened at $22.95 on Friday. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The firm has a market capitalization of $159.44 billion, a price-to-earnings ratio of 7.60, a P/E/G ratio of 0.91 and a beta of 0.24. The stock’s 50 day moving average price is $22.79 and its two-hundred day moving average price is $25.24. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 1.06.

AT&T (NYSE:T) last posted its 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 return on equity of 12.86% and a net margin of 16.94%.The business had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same period in the previous year, the firm earned $0.54 EPS. The firm’s revenue 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. On average, analysts anticipate that AT&T Inc. will post 2.31 earnings per share for the current year.

AT&T Dividend Announcement

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

Analyst Ratings Changes

T has been the topic of several analyst reports. Barclays dropped their target price on AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 8th. Morgan Stanley upped their price objective on AT&T from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Thursday. Argus cut their price objective on AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a report on Thursday. TD Cowen raised their target price on shares of AT&T from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday. Finally, BNP Paribas Exane lowered their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a report on Thursday, April 23rd. One investment 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, the company has a consensus rating of “Moderate Buy” and an average target price of $29.19.

About AT&T

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.