AT&T (NYSE:T) Trading Down 4% – Time to Sell?

AT&T Inc. (NYSE:T)’s stock price traded down 4% during mid-day trading on Monday . The stock traded as low as $21.28 and last traded at $21.8150. 84,752,157 shares traded hands during mid-day trading, an increase of 89% from the average daily volume of 44,773,531 shares. The stock had previously closed at $22.72.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T expanded its Build-A-Plan service to make it easier for customers to bundle customizable wireless plans with home internet, which could help reduce churn, improve customer stickiness, and support wireless and broadband growth. Article Title
• Positive Sentiment: Analysts and market commentary continue to argue that AT&T may still be undervalued, with fiber strength helping offset subscriber churn and supporting the company’s longer-term fundamentals. Article Title
• Neutral Sentiment: AT&T also introduced more flexible plan options, including the ability for customers to scale phone service up or down and add home internet more easily, a move that appears aimed at improving retention rather than driving an immediate catalyst. Article Title
• Neutral Sentiment: Dish DBS filed for bankruptcy after delays related to a separate AT&T transaction, underscoring ongoing deal complexity around AT&T’s spectrum-related moves, but the direct stock impact is unclear. Article Title
• Negative Sentiment: Investor concern is rising that SpaceX’s satellite-phone ambitions could pressure AT&T and other major U.S. wireless carriers by creating a new competitive threat in mobile connectivity. Article Title
• Negative Sentiment: AT&T recently hit a new 52-week low and has been part of a broader telecom selloff, signaling that traders remain cautious about the stock’s near-term outlook. Article Title

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on T shares. Citigroup upped their price target on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday, March 23rd. Arete Research raised AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price objective for the company in a research report on Tuesday, March 10th. Scotiabank dropped their target price on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a report on Thursday, April 23rd. BNP Paribas Exane reduced their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, April 23rd. Finally, KeyCorp lifted their price target on shares of AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday, March 25th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $30.55.

AT&T Price Performance

The firm has a market capitalization of $142.37 billion, a P/E ratio of 6.88, a PEG ratio of 0.89 and a beta of 0.21. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm has a 50-day moving average of $24.21 and a 200-day moving average of $25.60.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping the consensus estimate of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion during the quarter, compared to analysts’ expectations of $31.29 billion. During the same quarter in the previous year, the business earned $0.51 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts predict that AT&T Inc. will post 2.31 EPS for the current year.

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 5.4%. AT&T’s dividend payout ratio is 37.25%.

Hedge Funds Weigh In On AT&T

Several hedge funds and other institutional investors have recently modified their holdings of T. Rachor Investment Advisory Services LLC purchased a new stake in shares of AT&T during the 4th quarter valued at about $25,000. Safe Harbor Fiduciary LLC purchased a new stake in AT&T during the fourth quarter valued at approximately $25,000. Cresta Advisors Ltd. bought a new position in AT&T in the fourth quarter worth approximately $26,000. Blueline Advisors LLC purchased a new position in shares of AT&T during the 4th quarter worth $26,000. Finally, Winnow Wealth LLC grew its position in shares of AT&T by 362.8% during 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 during the period. 57.10% of the stock is owned by institutional investors.

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.