Ascent Group LLC Reduces Position in AT&T Inc. $T

Ascent Group LLC lessened its holdings in shares of AT&T Inc. (NYSE:T) by 7.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 274,823 shares of the technology company’s stock after selling 21,267 shares during the period. Ascent Group LLC’s holdings in AT&T were worth $6,827,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of T. Amundi boosted its stake in AT&T by 67.5% during the third quarter. Amundi now owns 42,295,492 shares of the technology company’s stock worth $1,094,184,000 after buying an additional 17,040,328 shares during the last quarter. State Street Corp raised its stake in AT&T by 2.4% during the second quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock worth $9,291,781,000 after purchasing an additional 7,404,376 shares during the period. Woodline Partners LP raised its stake in AT&T by 931.4% during the third quarter. Woodline Partners LP now owns 8,027,708 shares of the technology company’s stock worth $226,702,000 after purchasing an additional 7,249,373 shares during the period. SG Americas Securities LLC boosted its holdings in AT&T by 222.7% in the 4th quarter. SG Americas Securities LLC now owns 6,846,868 shares of the technology company’s stock valued at $170,076,000 after purchasing an additional 4,725,382 shares during the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of AT&T by 23.2% in the 3rd quarter. California Public Employees Retirement System now owns 24,472,780 shares of the technology company’s stock valued at $691,111,000 after buying an additional 4,613,259 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on T shares. Wolfe Research lowered AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. Wells Fargo & Company reduced their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Sanford C. Bernstein lowered their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, January 16th. Finally, Loop Capital set a $29.00 price objective on AT&T in a research report on Friday, December 19th. One equities research 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 stock. According to MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and an average target price of $30.74.

AT&T Stock Performance

NYSE T opened at $28.31 on Friday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The company has a market cap of $197.72 billion, a P/E ratio of 9.28, a P/E/G ratio of 1.06 and a beta of 0.34. The stock has a 50-day moving average of $27.71 and a two-hundred day moving average of $26.21. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79.

AT&T (NYSE:T) last issued 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 company had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. During the same quarter last year, the company posted $0.43 EPS. The firm’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. As a group, analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date is Friday, April 10th. AT&T’s dividend payout ratio is presently 36.39%.

AT&T News Roundup

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

• Positive Sentiment: Goldman Sachs highlights AT&T’s OneConnect — a simplified wireless and 1‑Gb fiber offering aimed at value-conscious new customers; analysts say it refocuses AT&T on product-led subscriber growth and could help gross adds and margins. Goldman Sachs Highlights AT&T’s OneConnect Push into Value Segment
• Positive Sentiment: Q4 earnings review ranks AT&T well vs. peers — recent quarter beat EPS and revenue estimates and management raised FY2026 EPS guidance, supporting the narrative of steady cash generation and operational improvement. Q4 Consumer Discretionary – Wireless, Cable and Satellite Earnings Review
• Positive Sentiment: Analyst consensus is constructive — the street’s average rating sits at “Moderate Buy,” which supports upside potential if execution continues and guidance holds. AT&T Inc. (NYSE:T) Given Average Recommendation of “Moderate Buy” by Analysts
• Positive Sentiment: Dividend appeal remains strong for income investors — coverage in income-focused outlets reiterates AT&T’s high-yield, making the stock a favored pick for dividend strategies. How much to invest in AT&T stock for $1,000 in 2026 annual dividends
• Neutral Sentiment: EchoStar/spectrum deals referenced in the market may shift competitive dynamics in satellite/spectrum access; implications for AT&T are indirect but worth monitoring for future partnering or capacity options. EchoStar (SATS) Strengthens Position with Strategic Spectrum Deals
• Negative Sentiment: Settlement uncertainty is a near-term overhang — reporting on the AT&T customer settlement (the $7,500 reference) highlights delays and customer frustration about timing and payouts; that raises concern over cash outflows, execution of the claims process, and reputational risk until resolved. Where the AT&T settlement stands as customers wonder when they’ll get their $7,500

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.