AT&T (NYSE:T) Price Target Lowered to $27.00 at Royal Bank Of Canada

AT&T (NYSE:T) had its price target decreased by Royal Bank Of Canada from $31.00 to $27.00 in a research note released on Monday,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the technology company’s stock.

Several other equities research analysts have also recently issued reports on the stock. Scotiabank decreased their price target on shares of AT&T from $31.00 to $29.25 and set a “sector perform” rating on the stock in a research note on Wednesday, July 15th. Wall Street Zen raised shares of AT&T from a “sell” rating to a “hold” rating in a research report on Saturday, June 20th. Barclays reduced their price objective on shares of AT&T from $26.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Wells Fargo & Company initiated coverage on shares of AT&T in a research report on Wednesday, July 8th. They set an “underweight” rating and a $18.00 target price on the stock. Finally, Oppenheimer cut shares of AT&T from an “outperform” rating to a “market perform” rating in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $29.14.

AT&T Stock Up 0.8%

Shares of NYSE:T opened at $22.00 on Monday. 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 company has a market capitalization of $152.83 billion, a P/E ratio of 7.38, a P/E/G ratio of 0.86 and a beta of 0.24. AT&T has a 52-week low of $19.89 and a 52-week high of $29.79. The stock’s fifty day simple moving average is $22.92 and its 200-day simple moving average is $25.28.

AT&T (NYSE:T) last posted its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $31.29 billion. During the same quarter last year, the business posted $0.51 EPS. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts forecast that AT&T will post 2.32 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Shareholders of record on Friday, July 10th will be issued a $0.2775 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.11 annualized dividend and a yield of 5.0%. AT&T’s payout ratio is 37.25%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Tema ETFs LLC lifted its holdings in shares of AT&T by 10.7% during the 2nd quarter. Tema ETFs LLC now owns 151,817 shares of the technology company’s stock worth $3,143,000 after acquiring an additional 14,645 shares during the period. Fiduciary Financial Group LLC grew its holdings in AT&T by 2.6% in the second quarter. Fiduciary Financial Group LLC now owns 25,023 shares of the technology company’s stock valued at $518,000 after purchasing an additional 635 shares during the period. Wasatch Advisors LP grew its holdings in AT&T by 14.7% in the second quarter. Wasatch Advisors LP now owns 150,000 shares of the technology company’s stock valued at $3,105,000 after purchasing an additional 19,281 shares during the period. Charles Schwab Trust Co increased its position in AT&T by 97.2% during the second quarter. Charles Schwab Trust Co now owns 26,348 shares of the technology company’s stock worth $545,000 after purchasing an additional 12,987 shares during the last quarter. Finally, Salvus Wealth Management LLC increased its position in AT&T by 18.0% during the second quarter. Salvus Wealth Management LLC now owns 18,075 shares of the technology company’s stock worth $374,000 after purchasing an additional 2,752 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: AT&T is set to raise some home internet plan prices by $5, which could lift average revenue per user and improve near-term margins. These AT&T home internet plans are getting a $5 price hike
• Positive Sentiment: EDO said AT&T had one of the most engaging ads during FIFA World Cup 2026™, suggesting its marketing is resonating with viewers and potentially supporting brand strength. Kalshi, Oura Ring, and AT&T Score the Most Engaging Ads of the FIFA World Cup 2026™, ranked by TV outcomes data on edo.com/worldcup
• Neutral Sentiment: AT&T is working with major peers on a network-level tool to fight AI-driven identity fraud and is also testing low-latency 5G mobility technology, highlighting ongoing innovation but no immediate financial impact. AT&T (T) Takes On Identity Fraud While Testing Real Time 5G Mobility
• Neutral Sentiment: AT&T disclosed $2.65 million in Q2 lobbying spending, focused on broadband, spectrum, cybersecurity, and telecom policy issues that are important to the business but unlikely to move the stock on their own. Lobbying Update: $2,650,000 of AT&T SERVICES INC AND ITS AFFILIATES lobbying was just disclosed
• Neutral Sentiment: RBC Capital lowered its price target on AT&T to $27 from $31 while keeping an outperform rating, which is mildly positive overall but signals a slightly less optimistic valuation view. AT&T had its price target lowered by Royal Bank Of Canada from $31.00 to $27.00.
• Negative Sentiment: News that AT&T may raise home internet prices for lower-income customers could trigger churn concerns and political backlash, partially offsetting the benefit of higher pricing. AT&T is raising prices again, and this time low-income customers won’t be spared

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.