Board of the Pension Protection Fund Grows Stock Holdings in AT&T Inc. $T

Board of the Pension Protection Fund grew its position in shares of AT&T Inc. (NYSE:T) by 81.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,300 shares of the technology company’s stock after acquiring an additional 22,600 shares during the period. AT&T comprises 1.4% of Board of the Pension Protection Fund’s portfolio, making the stock its 18th largest position. Board of the Pension Protection Fund’s holdings in AT&T were worth $1,420,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of T. Kingstone Capital Partners Texas LLC purchased a new stake in AT&T in the 2nd quarter worth approximately $5,266,758,000. Norges Bank purchased a new position in shares of AT&T during the second quarter valued at approximately $2,228,655,000. Vanguard Group Inc. raised its holdings in shares of AT&T by 1.6% during the second quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock valued at $19,139,620,000 after acquiring an additional 10,310,560 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in AT&T by 32.0% in the first quarter. Price T Rowe Associates Inc. MD now owns 34,435,357 shares of the technology company’s stock worth $973,833,000 after acquiring an additional 8,355,686 shares during the period. Finally, Marshall Wace LLP purchased a new stake in AT&T in the second quarter worth $235,422,000. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

AT&T News Summary

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

• Positive Sentiment: AT&T gained roughly $1.3B in annual revenue via December price hikes on wireless and internet plans — a near-term revenue and cash-flow tailwind that supports dividend coverage and debt reduction. AT&T gains $1.3B annual revenue
• Positive Sentiment: Investor commentary argues T is undervalued and positioned for secular growth from 5G, fiber and machine-to-machine/AI-driven demand — a fundamental bullish case that could support multiple expansion if execution continues. AT&T: The ‘Machine Economy’ Is The Real Driver
• Positive Sentiment: Recent market commentary noted a modest uptick in the stock amid a weaker broader market, suggesting short-term buying interest or rotation into yield names. AT&T (T) Rises As Market Takes a Dip
• Neutral Sentiment: Profile piece on AT&T’s CISO highlights executive background and cybersecurity focus — positive for corporate governance/PR but unlikely to move fundamentals on its own. AT&T exec manifested his CISO job
• Neutral Sentiment: Macro market note: week-end market strength mixed with housing softness — broader sentiment could influence cyclical flows into telecom/dividend names but is not AT&T-specific.
• Negative Sentiment: Goldman Sachs cut its price target on T from $33 to $29 while keeping a Buy rating — this reduces analyst-implied upside and may temper momentum among investors who track target changes. Goldman lowers price target
• Negative Sentiment: Two lawmakers raised concerns about EchoStar’s deals to sell spectrum to AT&T and SpaceX — regulatory scrutiny or delays could impede AT&T’s spectrum buildout plans and add execution risk for 5G expansion. Lawmakers raise concerns about Echostar deals
• Negative Sentiment: Ongoing data-breach settlement and claim deadlines (multiple state notices) keep potential legal exposure and reputational risk on the radar — possible cash settlements or litigation costs remain a downside catalyst. Were you affected by an AT&T data breach?

AT&T Price Performance

Shares of T opened at $24.11 on Friday. The stock has a market cap of $170.95 billion, a PE ratio of 7.83, a price-to-earnings-growth ratio of 1.42 and a beta of 0.38. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.96 and a current ratio of 1.01. AT&T Inc. has a fifty-two week low of $21.38 and a fifty-two week high of $29.79. The firm’s 50-day simple moving average is $25.22 and its two-hundred day simple moving average is $27.14.

AT&T (NYSE:T) last released its earnings results on Wednesday, October 22nd. The technology company reported $0.54 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.54. AT&T had a net margin of 17.87% and a return on equity of 12.72%. The firm had revenue of $30.71 billion during the quarter, compared to analyst estimates of $30.85 billion. During the same period last year, the business earned $0.60 earnings per share. The business’s revenue was up 1.7% on a year-over-year basis. Analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 12th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Monday, January 12th. AT&T’s payout ratio is 36.04%.

Wall Street Analyst Weigh In

T has been the topic of a number of research analyst reports. Loop Capital set a $29.00 price objective on shares of AT&T in a research report on Friday. Weiss Ratings reiterated a “buy (b)” rating on shares of AT&T in a research report on Wednesday, October 8th. Citigroup reissued a “buy” rating on shares of AT&T in a research note on Tuesday, August 26th. Barclays cut their price objective on AT&T from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 23rd. Finally, Morgan Stanley decreased their target price on AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $30.36.

AT&T Company Profile

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.