AT&T Inc (T)

Over the past six months, AT&T's stock has experienced several notable events. The stock price increased by 23.51% over the past 12 months, but decreased by 6.82% over the 30 days leading up to October 3, 2025. AT&T reported strong financial performance in Q1 2025, with increased mobility and communications business revenue. The company surpassed Wall Street's expectations for adjusted EPS and revenue in Q2 2025, leading to a stock increase. AT&T acquired spectrum licenses from EchoStar to enhance its network capabilities. AT&T declared dividends on its common and preferred shares. CEO John Stankey and other executives participated in investor conferences, providing updates to shareholders.

AT&T's demand seasonality for its core products and services, particularly mobile and broadband, appears to be less pronounced compared to some competitors. The company's mobile net additions are described as "much less seasonal than its competitors". The demand for AT&T's primary offerings tends to be relatively stable throughout the year, rather than experiencing significant seasonal fluctuations.

AT&T Inc. is a multinational telecommunications holding company based in Dallas, Texas, operating globally in the telecommunications, media, and technology sectors. It is the world's third-largest telecommunications company by revenue and the third-largest wireless carrier in the United States. AT&T provides wireless communication, data/broadband and internet services, local and long-distance telephone services, and telecommunications equipment. The company also offers managed networking and wholesale services. AT&T has been divesting from non-core media assets to focus on connectivity. Key brand names include AT&T, Cricket, SKY, AT&T TV, AT&T PREPAID, AT&T Fiber, and Unefon.

AT&T operates in six regions: the United States, Mexico, Asia/Pacific Rim, Europe, Latin America, and other international areas. The United States accounts for over 95% of its revenue in fiscal year 2024. Within the U.S., AT&T has an extensive network of 5,947 locations as of May 2025, with significant presence in states like Texas, California, and Florida. The company also provides wireline service in 22 states across the U.S.

AT&T's brand reputation has been significantly impacted by major data breaches in the past year. A 2019 data breach exposed personal data of 7.6 million current and 65.4 million former customers. A more recent incident in April 2024 involved hackers accessing phone and text records from 2022 for nearly all of AT&T's U.S. customers from its cloud-based data warehouse. These breaches resulted in a $177 million legal settlement and have raised concerns about the company's data security practices.

AT&T's ownership is primarily composed of institutional investors, who collectively own approximately 65.10% of the company's shares. Retail investors hold about 34.59%, and insiders own 0.31%. The largest shareholder is Vanguard Group Inc., owning approximately 9.25% of shares. Other major institutional owners include BlackRock, Inc., and State Street Corp. Top individual shareholders include David McAtee, Jeremy Legg, and Michael McAllister.