Arrowstreet Capital Limited Partnership Has $541.21 Million Stock Holdings in AT&T Inc. $T

Arrowstreet Capital Limited Partnership trimmed its position in AT&T Inc. (NYSE:T) by 25.8% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 18,668,905 shares of the technology company’s stock after selling 6,486,692 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in AT&T were worth $541,212,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in T. Inceptionr LLC raised its position in shares of AT&T by 45.4% during the first quarter. Inceptionr LLC now owns 47,685 shares of the technology company’s stock worth $1,382,000 after acquiring an additional 14,892 shares during the last quarter. Liberty One Investment Management LLC boosted its holdings in AT&T by 14.6% in the first quarter. Liberty One Investment Management LLC now owns 1,020,627 shares of the technology company’s stock valued at $29,588,000 after acquiring an additional 129,709 shares during the last quarter. Aspen Grove Capital LLC bought a new position in AT&T in the first quarter valued at about $221,000. RMG Wealth Management LLC bought a new position in AT&T in the first quarter valued at about $79,000. Finally, Gibbs Wealth Management increased its position in AT&T by 323.1% in the first quarter. Gibbs Wealth Management now owns 72,727 shares of the technology company’s stock worth $2,108,000 after purchasing an additional 55,538 shares during the period. 57.10% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Wells Fargo & Company upped their target price on shares of AT&T from $18.00 to $20.00 and gave the company an “underweight” rating in a research report on Thursday. Scotiabank lowered their price target on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating for the company in a research report on Wednesday, July 15th. Oppenheimer downgraded shares of AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. Wolfe Research upgraded shares of AT&T from a “peer perform” rating to an “outperform” rating and set a $29.00 price objective on the stock in a report on Thursday. Finally, Royal Bank Of Canada cut their price objective on shares of AT&T from $31.00 to $27.00 and set an “outperform” rating on the stock in a report on Monday. One investment 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $29.19.

More AT&T News

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

• Positive Sentiment: AT&T beat Q2 earnings estimates with adjusted EPS of $0.65 versus expectations near $0.59, helping reinforce the case that its wireless and fiber strategy is working. AT&T Earnings Beat. CEO Stankey: Starlink Deal Not Needed At All
• Positive Sentiment: Revenue missed estimates, but investors focused more on the strong operational details: more than 1 million advanced connectivity customer additions, including solid postpaid wireless and broadband growth, plus improving free cash flow. AT&T’s stock rises after earnings. Here’s why investors are cheering.
• Positive Sentiment: Management reiterated its 2026 outlook and said it plans faster share repurchases, which supports the bull case for AT&T’s valuation and dividend/capital-return story. AT&T Delivers Strong Second-Quarter Results as Investment-Led Strategy Gains Momentum
• Positive Sentiment: Several analyst notes turned more constructive after the report, with commentary saying SpaceX/Starlink fears may be exaggerated and that AT&T’s wireless execution remains strong. AT&T Stock Gets Upgraded. SpaceX Worries Are Overblown.
• Neutral Sentiment: Some reports still highlighted the revenue miss and heavy capital spending as ongoing risks, even as the company’s growth narrative improved. AT&T Stock Outlook Hinges on Fiber Growth and Wireless Risks in 2026
• Neutral Sentiment: AT&T also faced a modest analyst price-target cut from Argus, though the firm kept a buy rating, suggesting valuation remains supportive but not without caution. Argus price target update

AT&T Trading Down 0.4%

NYSE T opened at $22.95 on Friday. The stock has a 50-day simple moving average of $22.79 and a 200 day simple moving average of $25.24. The company has a market capitalization of $159.44 billion, a PE ratio of 7.60, a P/E/G ratio of 0.91 and a beta of 0.24. The company has a current ratio of 0.97, a quick ratio of 0.87 and a debt-to-equity ratio of 1.06. AT&T Inc. has a 12 month low of $19.89 and a 12 month high of $29.79.

AT&T (NYSE:T) last released its earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.06. AT&T had a return on equity of 12.86% and a net margin of 16.94%.The firm had revenue of $31.56 billion for the quarter, compared to analyst estimates of $31.80 billion. During the same quarter in the prior year, the firm posted $0.54 earnings per share. The company’s quarterly revenue was up 2.3% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts forecast that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

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 given a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is currently 37.25%.

AT&T Company 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.