T Q2 2026: filings, holdings, and macro context

AT&T Inc.'s trailing twelve-month revenue reached $127.24 billion as of 2026-06-30, reflecting year-over-year revenue growth of 2.30%, according to a SEC filing dated 2026-07-23 [Brief - 2026-09-19]. No additional material press events or public disclosures were identified in the period leading up to the generation of this report [Brief - 2026-09-11].

AT&T's fundamentals for the twelve months ending 2026-06-30 show net income of $21.56 billion, an operating margin of 20.12%, and a net margin of 16.94%. EPS grew 6.45% year-over-year. The company held $17.57 billion in cash against total debt of $144.04 billion. The reported price-to-earnings ratio stood at 8.43 as of the period end [SEC 10-Q - T - 2026-06-30].

Insider activity in September 2026 recorded four transactions with a mixed net direction and a net value of zero, indicating no net acquisition or disposal of shares by insiders during the period [SEC Form 4 - T - 2026-09]. On the institutional side, four notable firms opened new positions in AT&T during the most recent 13F reporting period: Citadel (Ken Griffin), AQR Capital (Cliff Asness), Millennium (Izzy Englander), and Bridgewater (Ray Dalio) [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].

The prevailing macroeconomic environment shows the 10-year U.S. Treasury yield at 5.18% and the 2-year yield at 4.87%, forming a normal yield curve [FRED DGS10] [FRED DGS2]. AT&T carries a substantial long-term debt load of $144.04 billion, making the prevailing interest rate environment a material factor in its financing costs as reported in its most recent filings [SEC 10-Q - T - 2026-06-30].

This report was generated in response to material institutional position changes, specifically the simultaneous opening of new positions by four prominent institutional managers as reflected in the most recent 13F filings [SEC 13F - Citadel - Q2 2026] [SEC 13F - AQR Capital - Q2 2026] [SEC 13F - Millennium - Q2 2026] [SEC 13F - Bridgewater - Q2 2026].