AT&T Inc. $T Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans increased its holdings in shares of AT&T Inc. (NYSE:T) by 12.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,149,243 shares of the technology company’s stock after acquiring an additional 125,568 shares during the period. Thrivent Financial for Lutherans’ holdings in AT&T were worth $32,455,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. J. L. Bainbridge & Co. Inc. increased its stake in AT&T by 1.7% in the 2nd quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock valued at $615,000 after purchasing an additional 355 shares in the last quarter. Financial & Tax Architects LLC grew its holdings in AT&T by 4.9% in the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after purchasing an additional 356 shares during the last quarter. Roberts Glore & Co. Inc. IL increased its position in shares of AT&T by 2.0% in the second quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company’s stock valued at $532,000 after buying an additional 357 shares in the last quarter. Investment Partners LTD. raised its stake in shares of AT&T by 3.5% during the 2nd quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock worth $303,000 after buying an additional 357 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its stake in shares of AT&T by 2.5% during the 2nd quarter. Parcion Private Wealth LLC now owns 14,910 shares of the technology company’s stock worth $431,000 after buying an additional 364 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Trading Up 0.3%

Shares of AT&T stock opened at $26.30 on Tuesday. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The business’s fifty day moving average is $24.51 and its two-hundred day moving average is $26.32. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market cap of $186.42 billion, a PE ratio of 8.62, a P/E/G ratio of 0.97 and a beta of 0.39.

AT&T (NYSE:T) last released its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. During the same period in the prior year, the firm posted $0.43 earnings per share. The business’s quarterly revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were issued a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, January 12th. AT&T’s dividend payout ratio is presently 36.39%.

Trending Headlines about AT&T

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

• Positive Sentiment: AT&T completed its acquisition of Lumen’s Mass Markets fiber-to-the-home business (11 states), adding >1M customers and reaching ~4M fiber locations — a material network expansion that supports subscriber growth and long-term broadband revenue upside. America’s Best and Largest Network Just Got Larger: AT&T Completes Acquisition of Lumen’s Mass Markets Fiber Business
• Positive Sentiment: Market narrative around rising free cash flow, a ~4% dividend yield and a new $10B buyback program has lifted investor enthusiasm — these support share buybacks and dividend sustainability, making the stock more attractive to income and value investors. Why AT&T Stock Surged This Week
• Positive Sentiment: AT&T is rolling out targeted hires and product partnerships (hiring bilingual customer-service staff; collaboration on the Tango Belt senior-safety device) that support customer service and IoT/healthcare connectivity revenue streams. These are smaller but constructive operational moves. AT&T to hire 400+ bilingual employees, with $1,500 sign-on bonus for hybrid work AT&T, ActiveProtective and JACS Collaborate to Enhance Senior Safety with New Tango Belt Connectivity Device
• Neutral Sentiment: Coverage pieces highlight AT&T as a momentum/value story (Zacks, Seeking Alpha), which can attract different investor types but are informational rather than immediate catalysts. AT&T (T) is a Top-Ranked Momentum Stock: Should You Buy? Undercovered Dozen: POET Technologies, Pan American Silver, MercadoLibre, AT&T And More
• Neutral Sentiment: Lumen’s sale to AT&T generated $5.75B cash proceeds for Lumen (reports note ~$4.8B net proceeds), which is material for Lumen’s balance sheet but only indirectly relevant to AT&T beyond the asset transfer. Lumen Fiber Sale To AT&T Unlocks $4.8B Proceeds Lumen Completes Sale of Consumer Fiber-to-the-Home Business to AT&T
• Negative Sentiment: The multi-billion acquisition is large and will require capital deployment and integration; investors may worry about near-term cash usage, execution risk and incremental capital intensity for fiber rollouts. Local press framed the deal as a major, costly expansion. AT&T acquires Lumen’s fiber business in multi-billion dollar deal

Analyst Upgrades and Downgrades

Several research firms have weighed in on T. Barclays dropped their target price on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a report on Tuesday, January 13th. Wolfe Research cut shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Loop Capital set a $29.00 target price on AT&T in a research note on Friday, December 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $33.00 price target on shares of AT&T in a research report on Thursday. Finally, Morgan Stanley reduced their price objective on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, AT&T has an average rating of “Moderate Buy” and a consensus price target of $29.83.

AT&T 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.