AT&T Inc. $T Shares Sold by First Bank & Trust

First Bank & Trust lowered its stake in AT&T Inc. (NYSE:T) by 30.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 72,815 shares of the technology company’s stock after selling 32,597 shares during the period. First Bank & Trust’s holdings in AT&T were worth $1,809,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of T. Brighton Jones LLC lifted its holdings in shares of AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after purchasing an additional 10,188 shares during the last quarter. Jefferies Financial Group Inc. increased its stake in AT&T by 35.5% in the 2nd quarter. Jefferies Financial Group Inc. now owns 18,876 shares of the technology company’s stock worth $546,000 after purchasing an additional 4,946 shares in the last quarter. RiverFront Investment Group LLC increased its stake in AT&T by 9.7% in the 2nd quarter. RiverFront Investment Group LLC now owns 22,162 shares of the technology company’s stock worth $641,000 after purchasing an additional 1,953 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in AT&T by 2,799.3% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 730,475 shares of the technology company’s stock worth $21,140,000 after buying an additional 705,280 shares during the period. Finally, Richmond Investment Services LLC raised its holdings in AT&T by 113.1% during the 2nd quarter. Richmond Investment Services LLC now owns 29,559 shares of the technology company’s stock worth $855,000 after buying an additional 15,686 shares during the period. 57.10% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have commented on T. UBS Group reiterated a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Williams Trading set a $32.00 price target on shares of AT&T in a report on Thursday, January 29th. Loop Capital set a $29.00 price target on shares of AT&T in a research report on Friday, December 19th. Citigroup raised their price objective on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research note on Monday. Finally, KeyCorp lifted their price objective on shares of AT&T from $30.00 to $36.00 and gave the stock an “overweight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $30.72.

Key Stories Impacting AT&T

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

• Positive Sentiment: Wall Street lifts targets — Goldman Sachs and KeyBanc raised price targets and reiterated optimism tied to AT&T’s new segment reporting and converged customer momentum, which analysts say improves revenue visibility and the stock’s upside case. Article Title
• Positive Sentiment: KeyCorp boosts outlook — KeyCorp raised its price target to $36 and moved to an “overweight” rating, signaling ~25% upside vs. current levels and reinforcing the analyst-buy case. Article Title
• Positive Sentiment: Strategic AI/edge collaboration — AT&T is partnering with NVIDIA and Cisco on edge AI compute, intelligent networking and zero‑trust security for mission‑critical IoT use cases, a move that could expand enterprise edge services and high‑margin revenue over time. Article Title
• Positive Sentiment: Competitive product push — AT&T rolled out a major digital service upgrade aimed at stemming customer losses and competing with price-focused offers from rivals like T‑Mobile, which could help stabilize churn and ARPU. Article Title
• Neutral Sentiment: Marketing & event connectivity — AT&T’s TGL partnership (SoFi Center) showcases its connectivity capabilities for live events — a branding/contract win with limited near‑term revenue impact. Article Title
• Neutral Sentiment: Analyst/coverage notes and valuation checks — Several outlets are re‑examining AT&T after its YTD rally; coverage highlights steady returns but asks whether current price fully reflects fundamentals. Article Title
• Negative Sentiment: Shareholder governance proposals — New proposals ask for written‑consent rights and public EEO‑1 workforce disclosure, introducing proxy‑season governance risk and potential distraction for management. Article Title

AT&T Price Performance

T opened at $28.77 on Thursday. The stock has a fifty day moving average price of $26.99 and a 200 day moving average price of $26.25. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79. The stock has a market cap of $200.88 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 1.08 and a beta of 0.39.

AT&T (NYSE:T) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same period in the prior year, the firm posted $0.43 EPS. The business’s revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Analysts forecast that AT&T Inc. will post 2.14 EPS for the current fiscal year.

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.