AT&T (NYSE:T) Rating Increased to Neutral at Arete Research

Arete Research upgraded shares of AT&T (NYSE:T) from a sell rating to a neutral rating in a research report sent to investors on Tuesday, Marketbeat reports. They currently have $28.00 target price on the technology company’s stock.

Several other research analysts have also weighed in on T. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Wells Fargo & Company dropped their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. Citigroup cut their price objective on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Finally, Wolfe Research cut AT&T from an “outperform” rating to a “peer perform” rating in a report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $30.35.

AT&T Stock Performance

NYSE:T opened at $27.71 on Tuesday. 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 company has a market cap of $193.95 billion, a P/E ratio of 9.08, a P/E/G ratio of 1.03 and a beta of 0.39. AT&T has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The firm’s 50 day moving average is $26.16 and its two-hundred day moving average is $26.31.

AT&T (NYSE:T) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter last year, the business earned $0.43 EPS. AT&T’s revenue for the quarter was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts expect that AT&T 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. Investors of record on Monday, January 12th were given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio is 36.39%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Csenge Advisory Group increased its holdings in AT&T by 20.3% during the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock worth $5,346,000 after purchasing an additional 31,935 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of AT&T by 0.4% during the 3rd quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock valued at $361,779,000 after buying an additional 49,727 shares during the last quarter. Wealthfront Advisers LLC boosted its stake in shares of AT&T by 4.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock valued at $39,848,000 after buying an additional 66,448 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its position in shares of AT&T by 1.4% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock worth $512,077,000 after buying an additional 248,567 shares in the last quarter. Finally, Public Sector Pension Investment Board grew its position in shares of AT&T by 140.8% during the third quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock worth $81,575,000 after buying an additional 1,689,073 shares in the last quarter. 57.10% of the stock is owned by hedge funds and other institutional investors.

More AT&T News

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

• Positive Sentiment: Management announced a more than $250 billion commitment to upgrade and expand U.S. network infrastructure over the next five years — pitched as positioning AT&T to be the telecom provider of choice for the “AI age,” and to expand rural/satellite coverage. This is being framed as a long-term growth and competitive investment. AT&T to invest $250 billion over five years in US to boost infrastructure (Reuters)
• Positive Sentiment: Wall Street commentary and features highlight the $250B plan as a catalyst for renewed growth; some analysts view higher capex and possible acquisitions as drivers for a multi-year rally. AT&T to spend $250B over five years to improve U.S. network infrastructure (Seeking Alpha)
• Positive Sentiment: AT&T is partnering with AWS to support last-mile AI workloads — a strategic move that pairs network scale with cloud AI capabilities and could drive higher-margin enterprise services. AT&T pairs with AWS to support last-mile AI workloads (Data Center Dynamics)
• Neutral Sentiment: Analysts updated ratings: Scotiabank raised its price target to $31 and maintains sector perform — signaling more constructive analyst sentiment even as opinions vary. Scotiabank raises AT&T target (Benzinga)
• Neutral Sentiment: Corporate visibility events this week (Deutsche Bank conference presentation; NYSE bell-ringing for the company’s 150th anniversary) increase investor access to management but are routine and informational. AT&T presentation transcript (Seeking Alpha)
• Negative Sentiment: Big-ticket capex raises execution and near-term cash-flow questions — some investors and commentators caution that $250B of spending could strain free cash flow, slow buybacks/dividends or pressure returns if rollout or monetization lags. That concern is tempering some market reaction. Analysis noting Wall Street caution on capex (Seeking Alpha)

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.