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Top AT&T Shareholders

AT&T Inc. (T) dates back to the invention of the telephone by Alexander Graham Bell. It's one of the 澳洲幸运5官方开奖结果体彩网:largest telecomm🌃unicatio🎉ns companies in the world.

AT&T operates as a holding company with subsidiaries and affiliates that operate globally in the telecommunications, media, and technology industries. It offers wireless network services, video, and voice communications services. It produces and distributes feature films, television, and other content, as well as advertising services.

The top shareholders of AT&T are David McAtee, Jeremy Legg, Michael McAllister, Vanguard Group Inc., BlackRock Inc. (BLK), and State Street Corp. (STT).

AT&T's 12-month trailing revenue (TTM) was $$122.197 billion as of August 2024. Its 12-month trailing net income was $12.52 billion at that time. The company's 澳洲幸运5官方开奖结果体彩网:market cap was about $135.66 billion in August 2024.

Key Takeaways

  • AT&T operates as a holding company with subsidiaries and affiliates that operate globally in the telecommunications, media, and technology industries.
  • The top individual shareholders of AT&T are David McAtee, Jeremy Legg, and Michael McAllister.
  • The top institutional AT&T shareholders are Vanguard Group Inc., BlackRock Inc., and State Street Corp.
  • The company's 澳洲幸运5官方开奖结果体彩网:market cap was about $135.66 billion in August 2024.

Top 3 Individual Insider Shareholders

This list reflects direct ownership. It doesn't include indirect ownership of shares or shares that are accessible through stock options.

Important

The term "insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock. It has nothing to do with insider trading in this context.

David R. McAtee, II

David McAtee owned 727,079 AT&T shares as of July 26, 2024.

McAtee serves as AT&T's senior executive vice president. He's been with AT&T since 2012 and was appointed general counsel in 2015. McAtee's career includes roles as an executive committee member for the State Bar of Texas and senior law clerk to U.S. District Judge Jerry Buchmeyer. He was a partner of the Haynes and Boone, LLP law firm in Dallas specializing in complex litigation and government investigations.

Jeremy Alan Legg

Jeremy Legg held 321,148 shares of AT&T as of June 14, 2024.

Legg holds the position of chief technology officer for AT&T. The company says that he's helping to "modernize its legacy IT infrastructure and migrate as much of it as possible to the cloud while retiring outdated systems." Legg worked as executive vice president and CTO for WarnerMedia before joining AT&T in 2020.

Michael B. McAllister

Michael McAllister owned 69,076 shares of AT&T as of June 28, 2024.

McAllister has served on AT&T's board of directors since 2013 after retiring as chairman and a board member of Humana, Inc., a healthcare company in Kentucky. He's a member of AT&T's audit and human resources committees.

Top 3 Institutional Shareholders

Institutional investors hold over half of AT&T's shares at 59.48% of the total shares outstanding as of August 2024.

Vanguard Group Inc.

Vanguard Group owned 624.99 million shares of AT&T as of March 31, 2024.

The company is primarily a mutual fund and ETF management company. The Vanguard S&P 500 ETF (VOO) is one of the company's largest exchange-traded funds (ETFs) with about $1.179 trillion in assets under management (AUM) as of August 2024.

BlackRock Inc.

BlackRock owned 533.05 million shares of AT&T as of March 31, 2024.

The iShares Core S&P 500 ETF (IVV) is one of BlackRock's largest ETFs with approximately $490.72 billion in AUM.

State Street Corp.

State Street owns 311.13 million shares of AT&T as of March 31, 2024.

This company is primarily a manager of mutual funds, ETFs, and other assets. The SPDR S&P 500 ETF Trust (SPY) is one of State Street's largest ETFs with approximately $526.58 billion in AUM in August 2024.

Diversity and Inclusiveness of AT&T

As part of our effort to improve the awareness of the importance of 澳洲幸运5官方开奖结果体彩网:diversity in companies, we offer investors a glimpse into the transparency of more than just who the shareholders are at AT&T. We highlight the company's commitment to diversity, inclusiveness, and social respons🎀ibility as a whole.

Find out how AT&a🐷mp;T reports the diversity of its management and workforce. The ✔ shows if discloses its data about the diversity of its board of directors, C-Suite, general management, and employees overall across a variety of markets.

AT&T Diversity & Inclusiveness Reporting
  Race Gender Ability Veteran Status Sexual Orientation
Board of Directors  ✔  ✔      
C-Suite          
General Management ✔ (U.S. Only) ✔ (U.S. Only)      
Employees ✔ (U.S. Only) ✔ (U.S. Only) ✔ (U.S. Only) ✔ (U.S. Only)

What Is AT&T's Share Price?

AT&T was trading at about $19 per share at the beginning of August 2024. Its 52-week range is from $13.92 per share to $19.99.

Does AT&T Pay Dividends?

AT&T does pay dividends. Its dividend yield was 5.78% as of early August 2024. Dividends are paid quarterly on the first day of the second month of the quarter. Unfortunately, AT&T's annualized three-year dividend growth rate is -18.89% in Q3 2024.

Who Founded AT&T?

Alexander Graham Bell effectively founded AT&T when he established it as a subsidiary of Bell Telephone Co., which he created in 1877. It was the largest corporation in the world almost a hundred years later in 1970.

The Bottom Line

AT&T is effectively a holdinꦫg company of subsidiaries and affiliates around the world. Its storied history has evolved from Alexander Graham Bell’s first telephone to wireless network services. The company’s market cap was about $135.66 billion in August 2024.

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