Signaturefd LLC grew its position in shares of AT&T Inc. (NYSE:T – Free Report) by 16.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 191,349 shares of the technology company’s stock after buying an additional 26,984 shares during the period. Signaturefd LLC’s holdings in AT&T were worth $4,669,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in T. Hibernia Wealth Partners LLC increased its holdings in AT&T by 4.5% in the 1st quarter. Hibernia Wealth Partners LLC now owns 9,105 shares of the technology company’s stock worth $264,000 after acquiring an additional 392 shares during the last quarter. M.E. Allison & CO. Inc. raised its stake in AT&T by 0.5% in the 2nd quarter. M.E. Allison & CO. Inc. now owns 76,978 shares of the technology company’s stock valued at $1,593,000 after acquiring an additional 397 shares during the period. Accredited Investors Inc. lifted its holdings in AT&T by 3.5% during the first quarter. Accredited Investors Inc. now owns 11,901 shares of the technology company’s stock valued at $345,000 after purchasing an additional 400 shares during the last quarter. Nicholas Hoffman & Company LLC. lifted its holdings in AT&T by 0.4% during the first quarter. Nicholas Hoffman & Company LLC. now owns 97,209 shares of the technology company’s stock valued at $2,818,000 after purchasing an additional 402 shares during the last quarter. Finally, Welch & Forbes LLC lifted its holdings in AT&T by 0.3% during the first quarter. Welch & Forbes LLC now owns 133,287 shares of the technology company’s stock valued at $3,864,000 after purchasing an additional 432 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.
Key AT&T News
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T reported third-quarter adjusted earnings of $0.65 per share and revenue of $32.32 billion, exceeding consensus estimates of $0.60 and $31.69 billion, respectively. Revenue increased roughly 5% year over year. AT&T Stock Sinks on Subscriber and SpaceX Worries
- Positive Sentiment: Analysts continue to see long-term value in the stock. Argus reaffirmed a Buy rating with a $30 price target, while JPMorgan maintained an Overweight rating at $31; Erste Group also modestly raised its 2026 EPS estimate to $2.35. Argus AT&T rating
- Neutral Sentiment: Citi estimates that SpaceX’s Starlink wireless service may not launch nationally until 2029 or later, but reported talks to secure access to as many as 80,000 U.S. cell sites could accelerate the competitive timeline. Starlink Is Years Away From Competing With AT&T
- Negative Sentiment: SpaceX’s potential entry as a fourth nationwide wireless carrier raised fears of greater pricing pressure, subscriber losses and higher network costs for AT&T, Verizon and T-Mobile. Tower operators benefited because SpaceX may become a major tenant, while telecom carriers sold off. AT&T Slides on SpaceX Cell-Site Talks
- Negative Sentiment: Investors also remain concerned about AT&T’s subscriber trends, elevated leverage and margin pressure. The company’s plan to reduce planned capital spending by roughly $1 billion in 2027–28 while maintaining its 2030 fiber goal may support cash flow, but introductory pricing could weigh on fiber economics. AT&T Q3 Earnings Call and Fiber Strategy
AT&T Stock Performance
Shares of T opened at $20.96 on Friday. The stock’s 50-day simple moving average is $24.78 and its 200 day simple moving average is $24.23. The stock has a market capitalization of $141.23 billion, a price-to-earnings ratio of 11.33, a price-to-earnings-growth ratio of 1.05 and a beta of 0.25. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.93 and a current ratio of 0.87. AT&T Inc. has a 52-week low of $19.89 and a 52-week high of $29.43.
AT&T (NYSE:T – Get Free Report) last issued its earnings results on Wednesday, October 21st. The technology company reported $0.65 EPS for the quarter, topping the consensus estimate of $0.60 by $0.05. The business had revenue of $32.32 billion during the quarter, compared to the consensus estimate of $31.69 billion. AT&T had a return on equity of 13.41% and a net margin of 10.19%. The firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.54 EPS. Research analysts forecast that AT&T Inc. will post 2.39 EPS for the current fiscal year.
AT&T Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Monday, October 12th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date of this dividend is Friday, October 9th. AT&T’s dividend payout ratio is presently 60.00%.
Analyst Ratings Changes
T has been the subject of a number of research reports. Barclays cut their target price on shares of AT&T from $24.00 to $21.00 and set an “equal weight” rating for the company in a research report on Thursday. Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 target price for the company in a research note on Thursday, July 23rd. KeyCorp lowered their price target on shares of AT&T from $36.00 to $33.00 and set an “overweight” rating on the stock in a research report on Thursday. Sanford C. Bernstein cut shares of AT&T from an “outperform” rating to a “market perform” rating and set a $24.00 price target on the stock. in a research note on Tuesday, October 13th. Finally, BNP Paribas Exane raised shares of AT&T from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $26.00 to $30.00 in a report on Monday, September 21st. Twelve investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $28.55.
Read Our Latest Stock Report on AT&T
AT&T Profile
AT&T Inc (NYSE: T) is a telecommunications company that provides wireless communications, broadband, and related connectivity services. Its offerings include mobile voice and data plans, internet access, fiber broadband, fixed wireless services, and business communications solutions.
The company serves consumers, businesses, government agencies, and other organizations primarily in the United States. AT&T’s business operations include wireless network services, wireline connectivity, fiber-optic internet, voice services, and networking solutions designed to connect locations, devices, and applications.
AT&T traces its history to the Bell System and has operated under its current corporate name since 2005, following the acquisition of AT&T Corp.
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