Gateway Wealth Partners LLC Purchases 99,016 Shares of AT&T Inc. $T

Gateway Wealth Partners LLC raised its holdings in shares of AT&T Inc. (NYSE:T) by 438.3% in the 1st quarter, Holdings Channel.com reports. The fund owned 121,607 shares of the technology company’s stock after buying an additional 99,016 shares during the period. Gateway Wealth Partners LLC’s holdings in AT&T were worth $3,525,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rachor Investment Advisory Services LLC acquired a new position in AT&T during the fourth quarter worth $25,000. Safe Harbor Fiduciary LLC bought a new position in AT&T in the fourth quarter valued at $25,000. Cresta Advisors Ltd. acquired a new stake in AT&T in the 4th quarter valued at $26,000. Blueline Advisors LLC bought a new stake in AT&T during the 4th quarter worth about $26,000. Finally, Winnow Wealth LLC lifted its position in AT&T by 362.8% during the 4th quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock worth $26,000 after buying an additional 820 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Sanford C. Bernstein reissued an “outperform” rating and set a $25.00 price target on shares of AT&T in a research report on Monday, July 13th. Argus dropped their price objective on AT&T from $33.00 to $30.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Wolfe Research raised AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective for the company in a report on Thursday. The Goldman Sachs Group set a $30.00 target price on shares of AT&T in a research note on Wednesday, July 22nd. Finally, BNP Paribas Exane cut their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, April 23rd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.

AT&T Stock Up 1.3%

T stock opened at $24.43 on Tuesday. The company has a current ratio of 0.97, a quick ratio of 0.93 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $167.44 billion, a PE ratio of 8.09, a PEG ratio of 0.98 and a beta of 0.24. AT&T Inc. has a 1-year low of $19.89 and a 1-year high of $29.79. The business’s 50 day simple moving average is $22.79 and its 200 day simple moving average is $25.24.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, beating 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 analysts’ expectations of $31.80 billion. During the same quarter in the prior year, the business earned $0.54 EPS. The firm’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. As a group, research analysts anticipate that AT&T Inc. will post 2.34 EPS for the current year.

AT&T Dividend Announcement

The business also recently disclosed 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 of this dividend is Friday, July 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.5%. AT&T’s dividend payout ratio is presently 36.75%.

Trending Headlines about AT&T

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

• Positive Sentiment: Earnings beat and larger buyback support sentiment. AT&T reported adjusted earnings of $0.65 per share, exceeding the $0.59 consensus estimate, with revenue increasing 2.3% year over year. Management also raised its 2026 share-repurchase plan to approximately $10 billion from $8 billion. At roughly eight times earnings and with a dividend yield near 4.6%, the stock continues to appeal to value and income investors. AT&T Beat on Earnings, Announced a $10 Billion Buyback, and Still Trades at 8 Times Earnings With a 4.6% Yield
• Positive Sentiment: Expanded D-Wave partnership provides a technology and efficiency catalyst. AT&T will broaden its use of D-Wave Quantum’s (NYSE: QBTS) annealing systems for network optimization, including outage detection, technician routing, and traffic management. Initial testing reportedly reduced processing time from about one hour to less than 15 seconds. The agreement offers commercial validation of AT&T’s AI and network-modernization strategy, although the near-term financial contribution is not disclosed. D-Wave Wins Wider AT&T Deal After 15-Second Test
• Positive Sentiment: Fiber growth and cash generation reinforce the long-term investment case. Recent commentary highlights AT&T’s fiber expansion, reliable free-cash-flow profile, and ability to fund dividends, debt reduction, and repurchases. These factors have helped ease earlier concerns about the company’s operational performance and balance sheet. AT&T: Keep Adding This Reliable Income Provider
• Neutral Sentiment: Valuation remains supportive, but upside may depend on execution. AT&T’s low price-to-earnings ratio and 2026 earnings guidance of $2.25 to $2.35 provide downside support. However, revenue modestly missed estimates in the latest quarter, and the company’s debt and capital-intensive fiber buildout remain important risks for investors to monitor.

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.