Addenda Capital Inc. Cuts Stock Position in AT&T Inc. $T

Addenda Capital Inc. lowered its position in AT&T Inc. (NYSE:T) by 9.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 291,700 shares of the technology company’s stock after selling 31,841 shares during the period. Addenda Capital Inc.’s holdings in AT&T were worth $7,246,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Wealth Strategies & Associates boosted its position in shares of AT&T by 10.7% during the 3rd quarter. Global Wealth Strategies & Associates now owns 4,025 shares of the technology company’s stock valued at $114,000 after acquiring an additional 390 shares during the last quarter. Gentry Private Wealth LLC boosted its position in shares of AT&T by 1.7% during the 3rd quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock valued at $665,000 after acquiring an additional 393 shares during the last quarter. Thoroughbred Financial Services LLC boosted its position in shares of AT&T by 2.8% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company’s stock valued at $419,000 after acquiring an additional 406 shares during the last quarter. Stockman Wealth Management Inc. boosted its position in shares of AT&T by 5.4% during the 3rd quarter. Stockman Wealth Management Inc. now owns 8,061 shares of the technology company’s stock valued at $228,000 after acquiring an additional 415 shares during the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. boosted its position in shares of AT&T by 1.6% during the 3rd quarter. Arkfeld Wealth Strategies L.L.C. now owns 25,869 shares of the technology company’s stock valued at $700,000 after acquiring an additional 415 shares during the last quarter. Hedge funds and other institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

AT&T stock opened at $27.34 on Thursday. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. AT&T Inc. has a 1-year low of $22.95 and a 1-year high of $29.79. The firm has a market capitalization of $190.90 billion, a P/E ratio of 8.96, a price-to-earnings-growth ratio of 1.06 and a beta of 0.34. The company’s 50-day moving average is $27.97 and its 200 day moving average is $26.18.

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

AT&T Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $0.2775 per share. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.1%. AT&T’s dividend payout ratio (DPR) is 36.39%.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Frost & Sullivan and other recognitions highlight AT&T’s leadership in public-safety connectivity and FirstNet, reinforcing its competitive moat in mission-critical services; management’s multi-year restructuring (business segmentation, operational changes, HQ move to Plano) could improve margins and execution over time. AT&T’s Public Safety Award And Restructuring Shape Future Connectivity Story
• Positive Sentiment: AT&T appears on lists of defensive names holding up during market stress due to steady cash flow, a ~4% yield and modest payout ratio — an attractive income/defensive option for yield-seeking investors. The Market Is Selling Everything, But These 5 Stocks Aren’t Breaking Down
• Neutral Sentiment: Comparisons with Verizon note nuance: AT&T’s balance-sheet cleanup and restructuring could make its dividend relatively safer over time, but the peer landscape means investors should evaluate coverage and cash flow trends rather than yield alone. Verizon vs. AT&T: One Telecom Dividend Is on Shaky Ground
• Negative Sentiment: Macro-driven rotation pushed investors out of defensive telecoms into higher-beta names after a drop in oil on hopes of a U.S.-Iran ceasefire; that flow dynamic is cited as the immediate driver of intraday selling pressure in AT&T shares. Why AT&T Shares Are Falling Wednesday
• Negative Sentiment: Competitive risk from SpaceX/Starlink developments — industry commentary frames Starlink as a potential competitor or disruptor to traditional wireless players, adding a strategic risk vector investors may price into telecom multiples. SpaceX Just Gave Bad News to AT&T, Verizon, and T-Mobile Investors
• Negative Sentiment: Large institutional portfolio moves and Q4 2025 hedge-fund rebalancing (notably significant reductions by some big managers) suggest ongoing active reallocation away from T by certain institutions — a factor that can amplify downward pressure during market sell-offs. Lobbying Update: $20,000 of AT&T SERVICES INC. lobbying was just disclosed

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Wells Fargo & Company decreased their target price 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. Loop Capital set a $29.00 target price on shares of AT&T in a research report on Friday, December 19th. Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Oppenheimer upped their target price on shares of AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research report on Wednesday, March 11th. Finally, Sanford C. Bernstein decreased their target price on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, AT&T has an average rating of “Moderate Buy” and an average target price of $30.74.

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.