J. Safra Sarasin Holding AG Purchases 25,256 Shares of AT&T Inc. $T

J. Safra Sarasin Holding AG lifted its position in shares of AT&T Inc. (NYSE:T) by 1.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,208,901 shares of the technology company’s stock after purchasing an additional 25,256 shares during the period. AT&T accounts for 1.1% of J. Safra Sarasin Holding AG’s portfolio, making the stock its 27th largest holding. J. Safra Sarasin Holding AG’s holdings in AT&T were worth $64,035,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in AT&T by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 664,055,700 shares of the technology company’s stock worth $16,495,144,000 after purchasing an additional 3,585,661 shares during the period. State Street Corp raised its stake in AT&T by 2.6% in the fourth quarter. State Street Corp now owns 332,089,723 shares of the technology company’s stock valued at $8,249,109,000 after buying an additional 8,314,678 shares during the period. Bank of America Corp DE raised its stake in AT&T by 3.5% in the fourth quarter. Bank of America Corp DE now owns 119,742,478 shares of the technology company’s stock valued at $2,974,403,000 after buying an additional 4,079,062 shares during the period. Norges Bank acquired a new stake in shares of AT&T in the fourth quarter valued at approximately $2,181,977,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of AT&T by 0.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 51,600,464 shares of the technology company’s stock valued at $1,281,756,000 after buying an additional 225,708 shares during the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Trading Up 0.1%

Shares of T stock opened at $21.16 on Monday. AT&T Inc. has a 12-month low of $19.89 and a 12-month high of $29.79. The company has a market capitalization of $146.99 billion, a PE ratio of 7.10, a price-to-earnings-growth ratio of 0.86 and a beta of 0.24. The firm has a 50 day moving average price of $23.38 and a two-hundred day moving average price of $25.41. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05.

AT&T (NYSE:T) last posted its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. The company had revenue of $31.51 billion for the quarter, compared to the consensus estimate of $31.29 billion. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.51 earnings per share. 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 earnings per share for the current year.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a $0.2775 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.11 annualized dividend and a yield of 5.2%. AT&T’s payout ratio is 37.25%.

Analysts Set New Price Targets

Several brokerages have recently commented on T. Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 target price on shares of AT&T in a research note on Wednesday, May 20th. Wells Fargo & Company started coverage on AT&T in a research note on Wednesday. They issued an “underweight” rating and a $18.00 price target on the stock. Morgan Stanley cut their price target on AT&T from $30.00 to $25.00 and set an “overweight” rating for the company in a report on Tuesday, July 7th. Scotiabank reduced their price objective on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research report on Thursday, April 23rd. Finally, BNP Paribas Exane decreased their price objective 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 research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and a consensus price target of $29.68.

More AT&T News

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

• Positive Sentiment: AT&T and Ericsson demonstrated drone detection over a 5G network, highlighting new network-sensing capabilities that could support future 6G-style services and reinforce AT&T’s technology narrative. Article: The future takes flight: AT&T and Ericsson demonstrate drone detection outside of AT&T Stadium
• Positive Sentiment: AT&T was ranked #1 in customer satisfaction for small business internet service by J.D. Power, which supports the company’s competitive position in business broadband and converged connectivity. Article: AT&T Ranked #1 in Customer Satisfaction for Small Business Internet Service by JD Power
• Positive Sentiment: Recent market commentary points to investor interest in AT&T’s 5G mobility trial results and its fraud-resistant identity partnership, suggesting continued optimism around network innovation and enterprise offerings. Article: AT&T Shares Pause Friday: What's Going On? Article: How Investors May Respond To AT&T (T) Linking Fraud-Resistant Identity To Converged Small-Business Bundles
• Neutral Sentiment: AT&T disclosed $30,000 of Q2 2026 lobbying focused on cybersecurity, data-breach rules, Section 230, FISA reauthorization, and telecom policy; this is more of a policy maintenance item than a direct earnings catalyst. Article: Lobbying Update: $30,000 of AT&T SERVICES INC. lobbying was just disclosed
• Neutral Sentiment: Congressional trading data and mixed institutional ownership changes show ongoing investor attention, but the signals are not strong enough on their own to drive the stock. Article: Lobbying Update: $30,000 of AT&T SERVICES INC. lobbying was just disclosed
• Negative Sentiment: New sell-side coverage from Wells Fargo was notably cautious, with an underweight rating and an $18 price target, while other commentary from Jim Cramer also leaned bearish. Article: Jim Cramer on AT&T: “It’s Time to Sell”
• Negative Sentiment: Some recent analysis suggests AT&T could be left out of a sought-after Starlink-related deal, raising concern that the company may miss a competitive opportunity in satellite-to-phone connectivity. Article: AT&T may be left out of the Starlink deal everyone wants

AT&T 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.