--- title: "EP Wealth Advisors LLC Makes New Investment in AT&T Inc. $T" type: "News" locale: "en" url: "https://longbridge.com/en/news/296875214.md" description: "EP Wealth Advisors LLC purchased a new stake in AT&T Inc. (NYSE:T) during the second quarter, acquiring 264,001 shares valued at approximately $5.47 million. This follows similar position increases by other major institutional investors including State Street Corp, Bank of America Corp DE, Norges Bank, and Bank of New York Mellon Corp. Additionally, analysts have recently adjusted price targets and ratings for AT&T stock, with an average consensus rating of 'Moderate Buy' and a target price of $29.19." datetime: "2026-08-25T07:45:52.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296875214.md) - [en](https://longbridge.com/en/news/296875214.md) - [zh-HK](https://longbridge.com/zh-HK/news/296875214.md) generator: "portal-rs" --- # EP Wealth Advisors LLC Makes New Investment in AT&T Inc. $T EP Wealth Advisors LLC purchased a new stake in shares of AT&T Inc. (NYSE:T - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 264,001 shares of the technology company's stock, valued at approximately $5,465,000. - If Boeing Ramps Up Production, These Suppliers May Win Big Several other large investors have also recently made changes to their positions in T. State Street Corp boosted its position in AT&T by 2.6% during the fourth quarter. State Street Corp now owns 332,089,723 shares of the technology company's stock valued at $8,249,109,000 after buying an additional 8,314,678 shares during the period. Bank of America Corp DE increased its holdings in shares of AT&T by 4.6% in the first quarter. Bank of America Corp DE now owns 125,191,700 shares of the technology company's stock worth $3,629,307,000 after buying an additional 5,449,222 shares during the period. Norges Bank purchased a new position in shares of AT&T in the fourth quarter worth about $2,181,977,000. Bank of New York Mellon Corp lifted its stake in shares of AT&T by 3.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 75,323,574 shares of the technology company's stock valued at $1,559,198,000 after acquiring an additional 2,559,065 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of AT&T by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 51,600,464 shares of the technology company's stock valued at $1,281,756,000 after acquiring an additional 225,708 shares during the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors. ## Analysts Set New Price Targets Several equities analysts recently issued reports on T shares. Weiss Ratings upgraded AT&T from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Monday, August 3rd. The Goldman Sachs Group set a $30.00 price objective on AT&T in a research report on Wednesday, July 22nd. Oppenheimer lowered AT&T from an "outperform" rating to a "market perform" rating in a research note on Wednesday, June 3rd. Wall Street Zen upgraded shares of AT&T from a "sell" rating to a "hold" rating in a report on Saturday, June 20th. Finally, Morgan Stanley raised their target price on shares of AT&T from $25.00 to $27.00 and gave the stock an "overweight" rating in a report 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 company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $29.19. - Travel + Leisure Goes Big—Is It Ready to Rally? **Read Our Latest Analysis on T** ## AT&T Stock Up 1.6% NYSE T opened at $25.70 on Tuesday. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.97 and a quick ratio of 0.93. The stock has a market capitalization of $176.13 billion, a PE ratio of 8.51, a PEG ratio of 1.03 and a beta of 0.23. AT&T Inc. has a 1 year low of $19.89 and a 1 year high of $29.79. The business's 50-day moving average is $22.88 and its 200 day moving average is $25.26. - TJX Companies Stock Drop Sets Up Buy Signal as Analysts Stay Bullish AT&T (NYSE:T - Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The technology company reported $0.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.59 by $0.06. The company had revenue of $31.56 billion for the quarter, compared to the consensus estimate of $31.80 billion. AT&T had a return on equity of 12.86% and a net margin of 16.94%.AT&T's revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.54 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts forecast that AT&T Inc. will post 2.34 earnings per share for the current year. ## AT&T Announces Dividend The business also recently announced a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Friday, July 10th were paid a dividend of $0.2775 per share. The ex-dividend date of this dividend was Friday, July 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.3%. AT&T's payout ratio is presently 36.75%. ## AT&T Company Profile (Free Report) 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. ## Read More - Five stocks we like better than AT&T - Visa Just Put Hims & Hers in the Penalty Box—Here’s Why It Matters - Treasury Yields Are Surging Again: 3 Stocks That Could Feel the Pain - Snowflake Could Be Headed for New Highs Despite Insider Selling - MongoDB Is Surging—And the Next Catalyst Is Almost Here **Want to see what other hedge funds are holding T?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&T Inc. (NYSE:T - Free Report). *This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.* Continue following MarketBeat Add MarketBeat as your preferred source on Google to see our latest stories in your feed. Add As Preferred Source ## Should You Invest $1,000 in AT&T Right Now? Before you consider AT&T, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AT&T wasn't on the list. While AT&T currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. 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