New York State Teachers Retirement System Sells 195,976 Shares of AT&T Inc. $T

03 Jul 2026, 11:46 by Mitch Edgeman · The Markets Daily

New York State Teachers Retirement System reduced its position in shares of AT&T Inc. (NYSE:T – Free Report) by 3.1% in the 1st quarter, Holdings Channel reports. The firm owned 6,098,450 shares of the technology company’s stock after selling 195,976 shares during the period. New York State Teachers Retirement System’s holdings in AT&T were worth $176,794,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC bought a new position in shares of AT&T in the 4th quarter valued at $25,000. Safe Harbor Fiduciary LLC acquired a new position in shares of AT&T during the 4th quarter worth $25,000. Cresta Advisors Ltd. bought a new stake in shares of AT&T during the 4th quarter worth $26,000. Blueline Advisors LLC bought a new stake in shares of AT&T during the 4th quarter worth $26,000. Finally, Winnow Wealth LLC boosted its stake in AT&T by 362.8% in the fourth quarter. Winnow Wealth LLC now owns 1,046 shares of the technology company’s stock valued at $26,000 after buying an additional 820 shares in the last quarter. 57.10% of the stock is currently owned by institutional investors.

AT&T Trading Up 0.4%

Shares of T stock opened at $20.57 on Friday. AT&T Inc. has a twelve month low of $19.89 and a twelve month high of $29.79. The stock’s fifty day simple moving average is $23.99 and its 200 day simple moving average is $25.55. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The firm has a market capitalization of $142.89 billion, a P/E ratio of 6.90, a P/E/G ratio of 0.83 and a beta of 0.24.

AT&T (NYSE:T – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a return on equity of 12.49% and a net margin of 16.94%.The firm had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same period last year, the company earned $0.51 earnings per share. The business’s quarterly revenue was up 2.9% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, sell-side analysts predict that AT&T Inc. will post 2.31 EPS for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date is Friday, July 10th. AT&T’s dividend payout ratio (DPR) is 37.25%.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research report on Tuesday, March 10th. Citigroup increased their target price on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a report on Monday, March 23rd. Oppenheimer lowered shares of AT&T from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 3rd. Scotiabank lowered their price objective on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a research report on Thursday, April 23rd. Finally, Weiss Ratings downgraded shares of AT&T from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AT&T presently has an average rating of “Moderate Buy” and a consensus price target of $30.55.

View Our Latest Research Report on AT&T

Key AT&T News

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

Positive Sentiment: AT&T expanded its Build-A-Plan service, letting customers bundle customized wireless plans with home internet options; the move could boost upselling, simplify customer acquisition, and strengthen competitive positioning. AT&T stock’s bad week just keeps getting worse
Positive Sentiment: Investor interest has risen, with unusual call-option activity suggesting traders are positioning for a potential rebound or catalyst-driven move in AT&T shares.
Neutral Sentiment: Several articles highlighted AT&T as a high-yield telecom name and a potential defensive holding for retirees, reinforcing the stock’s appeal as an income play rather than a fast-growth story.
Negative Sentiment: Shares have been pressured by concerns over SpaceX’s long-term threat to wireless carriers, and at least one analyst downgrade cited that competitive risk as a reason for caution. Oppenheimer downgrades AT&T stock on SpaceX threat
Negative Sentiment: Market commentary also noted recent weakness in AT&T alongside Verizon as telecom investors digest the possibility of new satellite-based competition.

AT&T 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.