Contravisory Investment Management Inc. cut its position in shares of AT&T Inc. (NYSE:T – Free Report) by 69.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,516 shares of the technology company’s stock after selling 26,205 shares during the quarter. Contravisory Investment Management Inc.’s holdings in AT&T were worth $286,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in T. Front Row Advisors LLC acquired a new stake in shares of AT&T during the second quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. boosted its stake in AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after purchasing an additional 702 shares during the period. GGM Financials LLC acquired a new position in AT&T in the 3rd quarter worth approximately $25,000. Cloud Capital Management LLC purchased a new position in AT&T during the 3rd quarter worth approximately $31,000. Finally, Kilter Group LLC purchased a new position in AT&T during the 2nd quarter worth approximately $32,000. 57.10% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Citigroup raised its price target on AT&T to $31.50 and assigned a “buy” rating, signaling analyst conviction and a ~9% upside from current levels; analyst upgrades can attract buyer interest and support near-term upside. AT&T price target raised by Citigroup
- Positive Sentiment: AT&T partnered with The Golf League (TGL) to provide advanced connectivity at the SoFi Center, showcasing 5G-enabled live broadcasts, low-latency gameplay and fan engagement — a commercial showcase of AT&T’s network capabilities that could support ARPU and enterprise/consumer demand narratives. AT&T Teams Up With TGL
- Positive Sentiment: AT&T rolled out a major digital service upgrade aimed at price-conscious wireless customers — a tactical move to reduce churn and better compete with T‑Mobile on value, which could stabilize subscriber trends and margin outlook. AT&T rolls out major upgrade
- Positive Sentiment: Feature pieces highlighting AT&T as an attractive dividend/value play are resurfacing, reinforcing investor interest in yield and valuation stability amid market rotation into “boring” cash-paying stocks. This narrative can support demand from income-oriented funds. Boring Pays Dividends: Why AT&T is the Hot Stock
- Neutral Sentiment: Coverage noting AT&T’s improved relative price performance vs. benchmarks is observational — it may attract momentum traders but doesn’t change fundamentals on its own. AT&T shows improved relative price performance
- Neutral Sentiment: Macro technology headlines (ASML $8B order, TSMC capacity constraints) underscore strength in the broader tech/AI supply chain; while not directly tied to AT&T, a stronger tech sector can lift market sentiment and risk appetite for cyclical and value names. ASML’s $8B Deal and semiconductor macro context
- Negative Sentiment: Shareholders filed proposals seeking written-consent rights and public release of AT&T’s full EEO-1 workforce data — governance and transparency initiatives that could increase activism, proxy costs or public scrutiny if they gain traction. AT&T Faces New Votes On Shareholder Power
AT&T Stock Up 0.5%
AT&T (NYSE:T – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. During the same period in the previous year, the company posted $0.43 EPS. AT&T’s revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have recently issued reports on T. Oppenheimer increased their target price on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a report on Tuesday, March 10th. Wolfe Research lowered AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. Citigroup increased their price objective on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research report on Thursday, February 12th. 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 stock. Based on data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $30.46.
View Our Latest Research Report on AT&T
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.
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