Ashton Thomas Private Wealth LLC Increases Stock Position in AT&T Inc. $T

Ashton Thomas Private Wealth LLC grew its position in shares of AT&T Inc. (NYSE:T) by 57.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,136 shares of the technology company’s stock after purchasing an additional 33,407 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in AT&T were worth $2,574,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in shares of AT&T in the second quarter valued at $2,228,655,000. Vanguard Group Inc. grew its stake 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 buying an additional 10,310,560 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of AT&T in the 2nd quarter worth about $235,422,000. State Street Corp raised 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 buying an additional 7,404,376 shares in the last quarter. Finally, Acadian Asset Management LLC lifted its holdings in shares of AT&T by 59.6% in 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 acquiring an additional 5,410,596 shares during the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T News Roundup

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

• Positive Sentiment: Network capacity and event-readiness — AT&T will deploy its “Turbo Live” capability to reduce cellular congestion at high-traffic events (Super Bowl), which supports service quality and customer satisfaction. AT&T’s Turbo Live Cuts Through Cellular Congestion, and It’ll Be Live for the Super Bowl
• Positive Sentiment: Signs of revenue/earnings momentum — Analysts and commentary note AT&T “finally delivers some growth” after the latest quarter (EPS beat, revenue growth and FY26 EPS guidance), which supports valuation and dividend sustainability. AT&T Finally Delivers Some Growth
• Positive Sentiment: Satellite/LEO partnerships expand reach — AT&T is collaborating with AWS/Amazon LEO initiatives (and separately reported work with an Amazon satellite competitor) to extend coverage and enterprise connectivity, a strategic move for rural and global service expansion. AT&T, AWS Amazon LEO collaboration
• Positive Sentiment: Additional coverage/industry reporting on LEO collaboration — The Verge reports AT&T is working with Amazon’s Starlink competitor to expand network reach, reinforcing the strategic importance of satellite partnerships. AT&T is working with Amazon’s Starlink competitor to expand its network.
• Positive Sentiment: Operational efficiency via AI — AT&T is deploying autonomous AI agents to reduce fraud, slash wait times and cut service friction, which could lower operating costs and improve customer retention over time. AT&T Turns to Autonomous AI Agents to Slash Fraud and Customer Wait Times
• Positive Sentiment: Acquisition to win back customers — AT&T closed a billion-dollar acquisition aimed at customer retention and accelerating growth in targeted segments; deal execution and integration will determine the upside. AT&T closes billion-dollar acquisition to win back customers
• Neutral Sentiment: Generic analyst-screen coverage — A Zacks piece lists technology names that could beat earnings; this is broad-market context rather than AT&T-specific actionable news. These 2 Computer and Technology Stocks Could Beat Earnings: Why They Should Be on Your Radar
• Negative Sentiment: Debt raise increases leverage — AT&T closed a $6.5 billion multi-tranche registered debt offering, which raises near-term funding availability but increases indebtedness and interest obligations; investors will watch uses of proceeds and refinancing terms. AT&T completes $6.5 billion multi-tranche debt offering

Wall Street Analyst Weigh In

Several brokerages have weighed in on T. Sanford C. Bernstein reduced their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. TD Cowen reissued a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Citigroup decreased their price target on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. Wall Street Zen downgraded AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Morgan Stanley cut their price objective on shares of 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 research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus price target of $29.83.

AT&T Stock Performance

Shares of AT&T stock opened at $27.27 on Friday. 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 stock’s fifty day moving average is $24.59 and its two-hundred day moving average is $26.33. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The company has a market capitalization of $193.30 billion, a PE ratio of 8.94, a price-to-earnings-growth ratio of 1.01 and a beta of 0.39.

AT&T (NYSE:T) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The firm had revenue of $33.47 billion during 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 business’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Stockholders 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 dividend yield of 4.1%. AT&T’s dividend payout ratio (DPR) is 36.39%.

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.