Allworth Financial LP trimmed its position in AT&T Inc. (NYSE:T – Free Report) by 9.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,592,002 shares of the technology company’s stock after selling 174,094 shares during the quarter. Allworth Financial LP’s holdings in AT&T were worth $44,958,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. J. L. Bainbridge & Co. Inc. grew its holdings in AT&T by 1.7% in the 2nd quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock worth $615,000 after acquiring an additional 355 shares during the last quarter. Financial & Tax Architects LLC raised its stake in shares of AT&T by 4.9% during the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after acquiring an additional 356 shares during the last quarter. Global Wealth Strategies & Associates boosted its holdings in shares of AT&T by 10.7% during the third quarter. Global Wealth Strategies & Associates now owns 4,025 shares of the technology company’s stock worth $114,000 after purchasing an additional 390 shares during the period. Gentry Private Wealth LLC boosted its holdings in shares of AT&T by 1.7% during the third quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock worth $665,000 after purchasing an additional 393 shares during the period. Finally, Thoroughbred Financial Services LLC grew its stake in shares of AT&T by 2.8% in the third quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company’s stock worth $419,000 after purchasing an additional 406 shares during the last quarter. 57.10% of the stock is currently owned by institutional investors.
AT&T Stock Performance
AT&T stock opened at $27.40 on Thursday. The stock’s 50 day simple moving average is $26.51 and its two-hundred day simple moving average is $26.27. 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 stock has a market cap of $191.35 billion, a price-to-earnings ratio of 8.98, a PEG ratio of 1.04 and a beta of 0.39. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on T shares. UBS Group reaffirmed a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Citigroup cut their price objective on AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a research report on Monday, December 22nd. TD Cowen reissued a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Morgan Stanley decreased their target price on AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Finally, The Goldman Sachs Group dropped their price target on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, December 19th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, AT&T currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.35.
Read Our Latest Analysis on AT&T
Key Headlines Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: AT&T rolled out a new AI‑powered consumer app to let wireless and home internet customers manage services and get AI support in one place — a product that could boost retention, simplify upsells and improve customer experience if adoption scales toward the company’s 100M-family target. Read More.
- Positive Sentiment: AT&T expanded a small‑business service assurance guarantee (faster support, bill credits for downtime), which targets SMB churn and could help stabilize business revenue and ARPU in a competitive market. Read More.
- Positive Sentiment: New national marketing tied to NCAA March Madness aims to reinforce AT&T’s brand and connectivity story — a visibility play that can help customer engagement and long‑term retention. Read More.
- Neutral Sentiment: AT&T committed to a large $250 billion spending plan to advance U.S. connectivity — a long‑term growth and market‑share signal but one that increases capital intensity and invites scrutiny on timing, returns and near‑term cash/ leverage. Read More.
- Neutral Sentiment: Analyst/media attention has spiked (Zacks/other outlets flagging T as a watched stock), which can increase trading volume and volatility but does not guarantee direction. Read More.
- Neutral Sentiment: Broader sector/infrastructure coverage (MarketBeat piece on “boring” infrastructure stocks) may shift some investor flows toward other yield/utility‑like names; limited direct impact on AT&T but relevant for relative allocation decisions.
- Negative Sentiment: Market headlines noted that AT&T suffered a larger-than-market intraday decline, reflecting near‑term selling pressure; that technical weakness can amplify downside as momentum traders react. Read More.
AT&T 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.
See Also
Want to see what other hedge funds are holding T? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&T Inc. (NYSE:T – Free Report).
Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter.
