Czech National Bank Has $40.94 Million Stock Holdings in AT&T Inc. $T

Czech National Bank raised its stake in AT&T Inc. (NYSE:T) by 3.7% in the second quarter, Holdings Channel reports. The firm owned 1,977,763 shares of the technology company’s stock after acquiring an additional 71,186 shares during the quarter. Czech National Bank’s holdings in AT&T were worth $40,940,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC raised its position in AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after acquiring an additional 10,188 shares in the last quarter. Osterweis Capital Management Inc. increased its stake in shares of AT&T by 4,352.9% during the 2nd quarter. Osterweis Capital Management Inc. now owns 6,234 shares of the technology company’s stock worth $180,000 after purchasing an additional 6,094 shares during the last quarter. Main Street Financial Solutions LLC increased its stake in shares of AT&T by 4.0% during the 2nd quarter. Main Street Financial Solutions LLC now owns 26,796 shares of the technology company’s stock worth $775,000 after purchasing an additional 1,022 shares during the last quarter. HUB Investment Partners LLC raised its stake in AT&T by 19.6% in the second quarter. HUB Investment Partners LLC now owns 55,730 shares of the technology company’s stock valued at $1,613,000 after buying an additional 9,115 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its stake in shares of AT&T by 1.8% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 207,063 shares of the technology company’s stock worth $5,992,000 after acquiring an additional 3,677 shares during the period. Institutional investors own 57.10% of the company’s stock.

AT&T Price Performance

AT&T stock opened at $23.68 on Friday. The firm has a market cap of $162.24 billion, a PE ratio of 7.84, a price-to-earnings-growth ratio of 0.94 and a beta of 0.23. The stock’s fifty day moving average price is $22.56 and its two-hundred day moving average price is $25.23. AT&T Inc. has a one year low of $19.89 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.06. AT&T had a net margin of 16.94% and a return on equity of 12.86%. The business had revenue of $31.56 billion during the quarter, compared to analysts’ expectations of $31.80 billion. During the same quarter in the prior year, the business posted $0.54 earnings per share. AT&T’s revenue was up 2.3% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts expect that AT&T Inc. will post 2.34 EPS for the current fiscal year.

AT&T Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Investors of record on Friday, July 10th were given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.7%. The ex-dividend date was Friday, July 10th. AT&T’s dividend payout ratio is currently 36.75%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on T shares. Wall Street Zen raised AT&T from a “sell” rating to a “hold” rating in a report on Saturday, June 20th. 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 research report on Thursday, July 23rd. Argus cut their target price on shares of AT&T from $33.00 to $30.00 and set a “buy” rating for the company in a research note on Thursday, July 23rd. Scotiabank reduced their target price on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a report on Wednesday, July 15th. Finally, Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price target on the stock in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.19.

AT&T News Summary

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

• Positive Sentiment: Network capacity upgrade: AT&T selected Ericsson to deploy 600 MHz dual-band radios using spectrum acquired from EchoStar. The investment is expected to improve wireless capacity, coverage, reliability and performance nationwide, potentially supporting customer satisfaction and retention. AT&T and Ericsson Enhance Wireless Capacity, Coverage, and Performance Nationwide
• Positive Sentiment: Quantum-computing collaboration: AT&T’s expanded relationship with D-Wave Quantum produced a reported 240-times improvement in a network-optimization application. While the commercial and financial impact is still uncertain, successful deployment could improve AT&T’s operational efficiency and demonstrate new enterprise uses for quantum computing. Will AT&T’s Expanded Quantum Deal Turn D-Wave Into a Scalable Enterprise Player?
• Positive Sentiment: Product expansion: AT&T launched the amiGO Jr. Tab 2, a $4.99-per-month kids’ tablet that runs on its 5G network. The niche product strengthens AT&T’s differentiated device lineup, though its direct effect on revenue is likely modest. AT&T’s Exclusive Kids Device Line Gets an Upgrade
• Negative Sentiment: Competitive pressure from SpaceX: SpaceX plans to combine Starlink satellite connectivity with terrestrial infrastructure to build a broader mobile service. The prospect of direct competition with AT&T, Verizon and T-Mobile pressured telecom stocks and could increase industry pricing, customer-acquisition and capital-spending challenges. SpaceX Plans Terrestrial Mobile Network to Rival AT&T

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.