Epoch Investment Partners Inc. lifted its stake in shares of AT&T Inc. (NYSE:T – Free Report) by 6.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,120,592 shares of the technology company’s stock after buying an additional 234,216 shares during the period. Epoch Investment Partners Inc. owned approximately 0.06% of AT&T worth $119,456,000 at the end of the most recent quarter.
Several other hedge funds have also recently made changes to their positions in T. IFM Investors Pty Ltd boosted its stake in shares of AT&T by 5.3% in the first quarter. IFM Investors Pty Ltd now owns 1,488,172 shares of the technology company’s stock worth $43,142,000 after buying an additional 74,684 shares during the last quarter. Parr Mcknight Wealth Management Group LLC acquired a new position in AT&T in the first quarter valued at approximately $2,901,000. Annex Advisory Services LLC boosted its position in AT&T by 749.1% in the 4th quarter. Annex Advisory Services LLC now owns 159,598 shares of the technology company’s stock worth $3,964,000 after purchasing an additional 140,802 shares in the last quarter. World Investment Advisors boosted its position in AT&T by 85.0% in the 4th quarter. World Investment Advisors now owns 338,942 shares of the technology company’s stock worth $8,419,000 after purchasing an additional 155,728 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of 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 purchasing an additional 59,279 shares during the period. 57.10% of the stock is owned by institutional investors and hedge funds.
AT&T Trading Up 4.8%
Shares of T stock opened at $24.05 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.87. The company has a market cap of $167.14 billion, a price-to-earnings ratio of 7.97, a PEG ratio of 0.90 and a beta of 0.24. The stock has a 50 day simple moving average of $22.79 and a 200-day simple moving average of $25.23. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.79.
AT&T Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, August 3rd. Stockholders of record on Friday, July 10th will be given a $0.2775 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.6%. AT&T’s dividend payout ratio (DPR) is 36.75%.
Key AT&T News
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T reported better-than-expected Q2 adjusted earnings of $0.65 per share, helped by strong wireless subscriber growth, reinforcing confidence in its core business. Stock Market Today, July 22: AT&T Beats Earnings on Strong Wireless Subscriber Growth
- Positive Sentiment: Wolfe Research upgraded AT&T after the earnings release, saying the stock looks attractive following the quarter and that fears around SpaceX competition may be overstated. Wolfe Research Just Upgraded AT&T Stock. Here’s Why.
- Positive Sentiment: Analysts highlighted AT&T’s fiber-led growth path, with fiber, wireless convergence, and copper shutdowns supporting margin gains, buybacks, and an intact 2026 outlook. T Q2 Earnings Call Points to Fiber-Led Growth Path
- Neutral Sentiment: AT&T saw unusually heavy call-option buying, which suggests traders are positioning for further upside after the earnings-driven rally. Wolfe Research Just Upgraded AT&T Stock. Here’s Why.
- Negative Sentiment: One headline about an AT&T internet outage could weigh on sentiment by reminding investors of service reliability risks, though it appears to be a limited operational issue. ATT internet outage for some. AT and T outage Thursday
Wall Street Analyst Weigh In
T has been the subject of several recent research reports. Wells Fargo & Company lifted their target price on shares of AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a report on Thursday. Scotiabank dropped their price target on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research report on Wednesday, July 15th. Morgan Stanley lifted 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. Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group set a $30.00 target price on shares of AT&T in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, AT&T presently has an average 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.
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