Hilltop Holdings Inc. Cuts Stake in AT&T Inc. $T

Hilltop Holdings Inc. lessened its holdings in shares of AT&T Inc. (NYSE:T) by 35.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 109,343 shares of the technology company’s stock after selling 60,571 shares during the quarter. Hilltop Holdings Inc.’s holdings in AT&T were worth $3,170,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in T. Tsfg LLC raised its position in shares of AT&T by 3.6% during the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock valued at $265,000 after buying an additional 366 shares during the last quarter. Lifestyle Asset Management Inc. boosted its position in shares of AT&T by 3.6% during the fourth quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock worth $261,000 after acquiring an additional 368 shares during the last quarter. Hillsdale Investment Management Inc. boosted its position in shares of AT&T by 1.2% during the fourth quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock worth $794,000 after acquiring an additional 370 shares during the last quarter. Bruce G. Allen Investments LLC boosted its position in shares of AT&T by 1.7% during the fourth quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock worth $556,000 after acquiring an additional 374 shares during the last quarter. Finally, Rockline Wealth Management LLC grew its stake in AT&T by 3.8% during the fourth quarter. Rockline Wealth Management LLC now owns 10,445 shares of the technology company’s stock valued at $259,000 after acquiring an additional 378 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

AT&T News Summary

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

Analyst Upgrades and Downgrades

T has been the topic of a number of research reports. BNP Paribas Exane decreased their price target on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, April 23rd. Morgan Stanley increased 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. Wells Fargo & Company raised their price objective on AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday. Oppenheimer lowered AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Finally, Royal Bank Of Canada cut their price target on AT&T from $31.00 to $27.00 and set an “outperform” rating for the company in a report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.19.

AT&T Price Performance

T stock opened at $24.05 on Friday. AT&T Inc. has a 52 week low of $19.89 and a 52 week high of $29.79. The firm has a market capitalization of $167.14 billion, a P/E ratio of 7.97, a price-to-earnings-growth ratio of 0.90 and a beta of 0.24. The company has a fifty day simple moving average of $22.79 and a two-hundred day simple moving average of $25.23. The company has a quick ratio of 0.87, a current ratio of 0.97 and a debt-to-equity ratio of 1.06.

AT&T (NYSE:T) last posted its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.06. The firm had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business’s quarterly revenue was up 2.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts anticipate that AT&T Inc. will post 2.32 earnings per share for the current fiscal year.

AT&T Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders 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 4.6%. AT&T’s dividend payout ratio is 36.75%.

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.