Bridgefront Capital LLC Buys Shares of 28,375 AT&T Inc. $T

Bridgefront Capital LLC bought a new stake in shares of AT&T Inc. (NYSE:T) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 28,375 shares of the technology company’s stock, valued at approximately $801,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Banco Bilbao Vizcaya Argentaria S.A. grew its stake in shares of AT&T by 2.8% in the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 1,294,332 shares of the technology company’s stock worth $36,552,000 after acquiring an additional 35,058 shares during the last quarter. California Public Employees Retirement System increased its holdings in shares of AT&T by 23.2% during the third quarter. California Public Employees Retirement System now owns 24,472,780 shares of the technology company’s stock valued at $691,111,000 after acquiring an additional 4,613,259 shares in the last quarter. Chilton Investment Co. Inc. purchased a new position in shares of AT&T in the 3rd quarter worth about $331,000. BNP Paribas raised its position in shares of AT&T by 12.1% in the 3rd quarter. BNP Paribas now owns 487,023 shares of the technology company’s stock worth $13,753,000 after purchasing an additional 52,407 shares during the last quarter. Finally, Anchor Investment Management LLC boosted its stake in AT&T by 2.9% in the 3rd quarter. Anchor Investment Management LLC now owns 54,915 shares of the technology company’s stock worth $1,551,000 after purchasing an additional 1,525 shares in the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Price Performance

NYSE T opened at $27.73 on Monday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The stock has a 50-day moving average of $26.31 and a 200 day moving average of $26.28. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The company has a market capitalization of $194.15 billion, a price-to-earnings ratio of 9.09, a PEG ratio of 1.04 and a beta of 0.39.

AT&T (NYSE:T) last posted 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 net margin of 17.47% and a return on equity of 12.33%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts forecast that AT&T Inc. will post 2.14 EPS for the current year.

AT&T News Summary

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

• Positive Sentiment: Management unveiled a $250 billion multi-year plan to upgrade AT&T into an essential AI-era connectivity platform, led by Jeff McElfresh — a long-term growth narrative that supports higher revenue opportunity from enterprise AI, edge and hyperscaler connectivity. Meet the executive behind AT&T’s $250 billion bid to become essential AI infrastructure
• Positive Sentiment: AT&T reiterated aggressive fiber and 5G expansion goals (including plans discussed publicly to reach many millions of locations by 2030), which investors view as positioning the company to capture AI-driven connectivity demand and higher-margin enterprise services. AT&T Inc. (T) Plans Major Fiber Expansion to 60 Million Locations by 2030
• Positive Sentiment: AT&T launched refreshed consumer wireless plans (Unlimited Your Way®) aimed at value and mix‑and‑match flexibility, a move that could stabilize gross adds and ARPU retention vs. rivals. AT&T Launches New Wireless Plans – Giving Customers More Value
• Positive Sentiment: An analyst upgrade (Arete to Neutral) and a $28 price target cited the company’s copper switch-off and improved cost profile, providing near-term technical/valuation support for the stock. Arete Upgrades AT&T (T) on Copper Switch-Off, Sets $28 Price Target
• Neutral Sentiment: AT&T completed a CAD‑denominated long‑term debt offering (CAD$1.25B at 4.50%), signaling continued access to capital markets to fund the buildout but also adding to its debt maturity profile. AT&T Completes CAD-Denominated Long-Term Debt Offering
• Negative Sentiment: Investors are also weighing the scale and near-term cost of the $250B pledge — hiring, capex and execution risk could depress free cash flow and require sizable financing over years, which is a headline risk if revenue/efficiency gains lag. AT&T commits $250 billion investment to upgrade US telecom infrastructure for the AI era

Analyst Upgrades and Downgrades

Several analysts recently commented on T shares. Wells Fargo & Company cut their price objective on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a report on Thursday, January 29th. UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. Barclays reduced their price target on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. Finally, Oppenheimer boosted their price objective on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus target price of $30.35.

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.