Ames National Corp Raises Stock Position in AT&T Inc. $T

Ames National Corp grew its position in AT&T Inc. (NYSE:T) by 197.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,737 shares of the technology company’s stock after buying an additional 27,700 shares during the period. AT&T accounts for approximately 0.7% of Ames National Corp’s investment portfolio, making the stock its 28th largest position. Ames National Corp’s holdings in AT&T were worth $1,179,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. J. L. Bainbridge & Co. Inc. boosted its stake in shares of AT&T by 1.7% in the second 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 during the period. Financial & Tax Architects LLC boosted its position in AT&T by 4.9% in the 2nd quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after buying an additional 356 shares during the period. Roberts Glore & Co. Inc. IL grew its stake 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 worth $532,000 after acquiring an additional 357 shares in the last quarter. Investment Partners LTD. increased its position in shares of AT&T by 3.5% during the second quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock worth $303,000 after acquiring an additional 357 shares during the period. Finally, Marco Investment Management LLC raised its stake in shares of AT&T by 1.3% in the second quarter. Marco Investment Management LLC now owns 29,991 shares of the technology company’s stock valued at $868,000 after acquiring an additional 380 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Trading Up 1.0%

Shares of NYSE:T opened at $28.97 on Thursday. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The firm has a market cap of $202.81 billion, a P/E ratio of 9.50, a P/E/G ratio of 1.06 and a beta of 0.39. The company has a 50 day moving average of $25.88 and a 200-day moving average of $26.36.

AT&T (NYSE:T) last released 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 firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were issued a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s payout ratio is presently 36.39%.

Key AT&T News

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

• Positive Sentiment: AT&T is deepening its AI and open‑network push—new collaborations (H2O.ai, Geoforce, Aduna JV), participation in GSMA/Open Telco AI and OCUDU, and expanded asset‑intelligence offerings underline a strategic shift to software‑defined, AI‑driven networks that could lift margins and monetization over time. AT&T Deepens AI And Open Network Push As Valuation Gap Persists
• Positive Sentiment: Open RAN / Cloud RAN progress: AT&T continues Open RAN modernization and is running Cloud RAN tests with Ericsson—steps that reduce hardware costs and enable more flexible, software‑driven upgrades across its wireless footprint. AT&T continues Open RAN overhaul, builds on Ericsson partnership with Cloud RAN tests
• Positive Sentiment: Fiber expansion and subs growth: AT&T closed the Lumen mass‑market fiber deal ahead of schedule, adding over 1M+ subscribers and supporting management’s fiber growth narrative and longer‑term ARPU potential. This directly supports revenue visibility in broadband/fiber. What’s Going On With AT&T Stock Tuesday?
• Positive Sentiment: Operational efficiency initiatives: Management touts AI efficiency gains (CEO claimed ~40% efficiency improvement at MWC) and launched a Connected AI smart manufacturing offering — both signal near‑term cost savings and new B2B revenue avenues. T Introduces Smart Manufacturing Solution
• Neutral Sentiment: Consumer product refresh ahead? Reports suggest AT&T may roll out new phone plans March 12 — could improve ARPU/churn if favorable, but details and pricing will determine impact. Report Suggests AT&T New Phone Plans for 2026 Could Arrive March 12
• Neutral Sentiment: Market/analyst attention: Multiple outlets flag AT&T as a trending stock and note ~9.5% YTD/share gains driven by wireless, fiber and AI talk—this increases investor focus but doesn’t guarantee further upside. AT&T (T) Surpasses Market Returns
• Negative Sentiment: Retail sentiment and legacy baggage: Retail forums (Reddit) continue to surface anger about past large write‑downs (~$47B), keeping parts of the investor base skeptical and possibly capping retail momentum. Reddit Is Still Furious About AT&T’s $47 Billion Loss From Six Years Ago
• Negative Sentiment: Balance‑sheet and competitive risks: Analysts repeatedly flag high debt levels and intense competition in wireless/fiber as ongoing downside risks that could limit upside or slow buybacks/dividends growth. AT&T Shares Rise 9.5% in a Year

Analysts Set New Price Targets

Several research firms recently commented on T. Barclays lowered their target price on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research report on Thursday, February 12th. Loop Capital set a $29.00 price target on AT&T in a report on Friday, December 19th. Finally, UBS Group reaffirmed a “buy” rating on shares of AT&T in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $29.93.

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.