Equity Investment Corp Sells 617,590 Shares of AT&T Inc. $T

Equity Investment Corp decreased its position in shares of AT&T Inc. (NYSE:T) by 12.6% during the third quarter, according to its most recent filing with the SEC. The firm owned 4,279,917 shares of the technology company’s stock after selling 617,590 shares during the period. AT&T comprises about 2.5% of Equity Investment Corp’s holdings, making the stock its 13th largest holding. Equity Investment Corp owned about 0.06% of AT&T worth $120,865,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Denali Advisors LLC grew its position in AT&T by 5.9% during the 2nd quarter. Denali Advisors LLC now owns 401,037 shares of the technology company’s stock worth $11,606,000 after acquiring an additional 22,394 shares during the last quarter. Csenge Advisory Group boosted its stake in shares of AT&T by 20.3% during the third quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after purchasing an additional 31,935 shares in the last quarter. Tredje AP fonden boosted its stake in shares of AT&T by 1.8% during the second quarter. Tredje AP fonden now owns 1,221,395 shares of the technology company’s stock valued at $35,347,000 after purchasing an additional 21,720 shares in the last quarter. Sentry Investment Management LLC grew its holdings in shares of AT&T by 153.2% during the second quarter. Sentry Investment Management LLC now owns 22,095 shares of the technology company’s stock worth $625,000 after purchasing an additional 13,370 shares during the last quarter. Finally, Vise Technologies Inc. acquired a new position in shares of AT&T in the second quarter valued at approximately $6,221,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Wall Street Zen lowered shares of AT&T from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Morgan Stanley lowered 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. Weiss Ratings reiterated a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Sanford C. Bernstein decreased their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. Finally, Wolfe Research downgraded AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and an average price target of $29.83.

AT&T Stock Up 2.2%

Shares of NYSE:T opened at $26.89 on Wednesday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79. The business’s 50 day simple moving average is $24.53 and its two-hundred day simple moving average is $26.32. The firm has a market cap of $190.63 billion, a P/E ratio of 8.82, a PEG ratio of 0.98 and a beta of 0.39.

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

AT&T Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were paid a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a dividend yield of 4.1%. AT&T’s payout ratio is presently 36.39%.

More AT&T News

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

• Positive Sentiment: Q4 beat and constructive outlook — AT&T posted a Q4 earnings beat with service revenue growth driven by wireless and fiber; management reaffirmed FY guidance (FY26 EPS range noted), signaling steady cash generation and execution. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?
• Positive Sentiment: Lumen fiber deal closed — AT&T completed the $5.75B purchase of Lumen’s mass‑markets fiber business, adding 1M+ customers and ~4M fiber‑enabled locations across 32 states, accelerating subscriber growth and scale in broadband. Lumen Completes Sale of Consumer Fiber-to-the-Home Business to AT&T
• Positive Sentiment: Stronger capital returns — Analysts and coverage note rising free cash flow, a ~4% dividend yield and a recent $10B buyback program, which support multiple expansion and investor demand for the stock. Why AT&T Stock Surged This Week
• Neutral Sentiment: Talent and product initiatives — AT&T is hiring bilingual call‑center staff and partnering on connected‑health devices (Tango Belt) — incremental operating support but limited immediate stock impact. AT&T hiring event AT&T Tango Belt collaboration
• Negative Sentiment: Congressional/security risk — Senator Maria Cantwell says AT&T and Verizon are blocking release of key Salt Typhoon security assessment reports and has asked their CEOs to testify; potential regulatory scrutiny, reputational risk and disclosure obligations could create near‑term volatility. Senator says AT&T, Verizon blocking release of Salt Typhoon security assessment reports
• Negative Sentiment: Legacy declines and margin pressure remain — analysts note that while fiber and 5G are growth drivers, legacy wireline declines and margin compression are ongoing risks that could limit near‑term profitability improvement. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?

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.