Aberdeen Group plc Sells 1,151,514 Shares of AT&T Inc. $T

Aberdeen Group plc lowered its holdings in shares of AT&T Inc. (NYSE:T) by 18.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,937,708 shares of the technology company’s stock after selling 1,151,514 shares during the quarter. Aberdeen Group plc owned 0.07% of AT&T worth $139,515,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Florida Financial Advisors LLC lifted its holdings in shares of AT&T by 40.6% during the third quarter. Florida Financial Advisors LLC now owns 91,285 shares of the technology company’s stock worth $2,578,000 after buying an additional 26,349 shares in the last quarter. CENTRAL TRUST Co increased its holdings in AT&T by 0.4% in the third quarter. CENTRAL TRUST Co now owns 191,609 shares of the technology company’s stock worth $5,411,000 after purchasing an additional 831 shares in the last quarter. IMA Advisory Services Inc. boosted its holdings in AT&T by 84.0% in the third quarter. IMA Advisory Services Inc. now owns 1,971 shares of the technology company’s stock worth $56,000 after acquiring an additional 900 shares in the last quarter. Missouri Trust & Investment Co raised its stake in shares of AT&T by 37.8% in the third quarter. Missouri Trust & Investment Co now owns 4,735 shares of the technology company’s stock worth $134,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Abich Financial Wealth Management LLC purchased a new position in shares of AT&T in the 3rd quarter worth approximately $406,000. 57.10% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on T shares. UBS Group restated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. KeyCorp reissued an “overweight” rating on shares of AT&T in a research report on Wednesday, January 21st. The Goldman Sachs Group cut their target price on AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Morgan Stanley dropped their price target 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 restated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, AT&T has a consensus rating of “Moderate Buy” and a consensus target price of $29.93.

AT&T Stock Down 0.4%

Shares of NYSE:T opened at $28.70 on Friday. The stock has a market cap of $200.88 billion, a P/E ratio of 9.41, a price-to-earnings-growth ratio of 1.06 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. The business’s 50 day moving average is $24.88 and its 200 day moving average is $26.34.

AT&T (NYSE:T) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The business’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio is presently 36.39%.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T CEO John Stankey reiterated a bullish long‑term growth outlook and emphasized the company’s focus on fiber expansion and network competitiveness — supportive for AT&T’s convergence strategy and investor confidence. Read More.
• Positive Sentiment: AT&T’s strategic collaboration with Amazon Web Services (including Amazon Leo) to migrate workloads and modernize its connectivity stack signals potential cost savings, faster product development and improved cloud-native network capabilities. Read More.
• Positive Sentiment: Analyst commentary and MarketBeat’s sector roundup highlight AT&T’s strong Q4 results, raised 2026 EPS guidance, and progress on fiber‑to‑postpaid convergence (higher cross‑sell of fiber + wireless), which underpins upside potential and dividend support. Read More.
• Neutral Sentiment: Space-based broadband progress at AST SpaceMobile (BlueBird 6) could create partnership opportunities for AT&T to extend coverage via satellites, but commercial benefits remain contingent on AST execution and contract activation. Read More.
• Negative Sentiment: T‑Mobile’s recent investor day and strong customer growth highlight competitive pressure in postpaid adds and fixed wireless — a factor that can limit AT&T’s near‑term subscriber upside and put pressure on market share. Read More.
• Negative Sentiment: T‑Mobile’s capital raise (euro‑denominated debt) to fund buybacks/dividends strengthens its financial flexibility and could amplify competitive returns versus AT&T if buybacks boost TMUS shares. Read More.
• Negative Sentiment: Local service reports (Anderson County) name both AT&T and T‑Mobile as experiencing issues — operational outages can dent near‑term sentiment, particularly if broader network reliability headlines accumulate. Read More.

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.