Raleigh Capital Management Inc. trimmed its position in shares of AT&T Inc. (NYSE:T – Free Report) by 66.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,440 shares of the technology company’s stock after selling 26,458 shares during the period. Raleigh Capital Management Inc.’s holdings in AT&T were worth $380,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Norges Bank bought a new stake in AT&T during the second quarter worth approximately $2,228,655,000. Vanguard Group Inc. boosted its holdings in shares of AT&T by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock worth $19,139,620,000 after purchasing an additional 10,310,560 shares during the period. Marshall Wace LLP bought a new position in shares of AT&T during the 2nd quarter valued at approximately $235,422,000. State Street Corp increased its position in shares of AT&T by 2.4% during the 2nd quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock valued at $9,291,781,000 after purchasing an additional 7,404,376 shares during the last quarter. Finally, Acadian Asset Management LLC raised its holdings in AT&T by 59.6% during the 2nd quarter. Acadian Asset Management LLC now owns 14,493,357 shares of the technology company’s stock valued at $419,403,000 after buying an additional 5,410,596 shares during the period. 57.10% of the stock is owned by hedge funds and other institutional investors.
AT&T Stock Up 2.2%
Shares of NYSE:T opened at $26.89 on Wednesday. The business’s 50 day moving average is $24.53 and its 200 day moving average is $26.32. The stock has a market cap of $190.63 billion, a P/E ratio of 8.82, a price-to-earnings-growth ratio of 0.98 and a beta of 0.39. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00.
AT&T Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were given a dividend of $0.2775 per share. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a yield of 4.1%. AT&T’s dividend payout ratio (DPR) is 36.39%.
AT&T News Summary
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?
Wall Street Analysts Forecast Growth
T has been the topic of several recent analyst reports. Williams Trading set a $32.00 target price on shares of AT&T in a research note on Thursday, January 29th. Scotiabank reissued a “sector perform” rating and issued a $29.50 price objective on shares of AT&T in a research report on Wednesday, January 7th. Citigroup dropped their target price on AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. Morgan Stanley cut their target price on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Finally, TD Cowen reissued a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $29.83.
Get Our Latest Research Report on AT&T
About AT&T
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.
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