Fiduciary Alliance LLC cut its holdings in AT&T Inc. (NYSE:T – Free Report) by 13.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 183,680 shares of the technology company’s stock after selling 29,340 shares during the quarter. Fiduciary Alliance LLC’s holdings in AT&T were worth $4,563,000 as of its most recent SEC filing.
Several other institutional investors have also recently bought and sold shares of the company. State Street Corp lifted its stake in AT&T by 0.8% in the 3rd quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock valued at $9,143,407,000 after acquiring an additional 2,704,536 shares in the last quarter. Capital Research Global Investors lifted its stake in AT&T by 0.6% in the 3rd quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock valued at $1,852,765,000 after acquiring an additional 370,455 shares in the last quarter. Invesco Ltd. lifted its stake in AT&T by 8.6% in the 3rd quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock valued at $1,632,932,000 after acquiring an additional 4,584,316 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in AT&T by 8.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock valued at $1,598,697,000 after acquiring an additional 4,404,688 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in AT&T by 1.4% in the 3rd quarter. Legal & General Group Plc now owns 48,559,566 shares of the technology company’s stock valued at $1,371,322,000 after acquiring an additional 691,221 shares in the last quarter. Institutional investors own 57.10% of the company’s stock.
Analysts Set New Price Targets
T has been the topic of several research reports. Oppenheimer boosted their target price on AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a research note on Wednesday, March 11th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $33.00 target price on shares of AT&T in a research note on Thursday, January 29th. Scotiabank increased their price target on AT&T from $31.00 to $31.50 and gave the company a “sector perform” rating in a research report on Wednesday, April 1st. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. Finally, Sanford C. Bernstein decreased their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. One investment 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 has an average rating of “Moderate Buy” and a consensus target price of $30.74.
AT&T Trading Down 1.9%
NYSE T opened at $26.83 on Friday. The company has a market cap of $187.35 billion, a PE ratio of 8.80, a PEG ratio of 1.03 and a beta of 0.34. 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 12 month low of $22.95 and a 12 month high of $29.79. The stock has a 50 day moving average of $28.00 and a 200-day moving average of $26.19.
AT&T (NYSE:T – Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. The company had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts anticipate that AT&T Inc. will post 2.14 EPS for the current fiscal year.
AT&T Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s dividend payout ratio is presently 36.39%.
Key Stories Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Unusually large call buying — Traders bought ~96,530 AT&T calls (about +54% vs typical volume), signaling short‑term bullish positioning or hedging ahead of catalysts; this can amplify upside if a positive news or earnings surprise appears.
- Positive Sentiment: Fanatics partnership aims to reduce churn and boost customer loyalty — AT&T signed a five‑year deal with Fanatics to provide exclusive sports perks and loyalty integration for AT&T customers, which could help make bundles “stickier” and support wireless/broadband retention. AT&T Fanatics Alliance Targets Sports Fans To Support Stickier Bundles
- Neutral Sentiment: Dividend narrative remains mixed — Coverage comparing Verizon and AT&T highlights that AT&T is rebuilding its balance sheet (positive for payout sustainability) but the dividend comparison is nuanced; this keeps income‑focused investors watching fundamentals rather than moving decisively. Verizon vs. AT&T: One Telecom Dividend Is on Shaky Ground
- Negative Sentiment: BNP Paribas downgrade weighs on sentiment — BNP Paribas cut AT&T to Neutral from Outperform and set a $28 target; downgrades can trigger near‑term selling even as some firms (e.g., Scotiabank) maintain higher targets. BNP Paribas Downgrades AT&T (T) to Neutral as Scotiabank Raises Price Target Ahead of Q1
- Negative Sentiment: Sector rotation and macro moves hurting defensive names — Reports show investors rotated out of defensive telecoms into higher‑beta stocks after a crude oil move, pressuring AT&T alongside broader market flows. Why AT&T Shares Are Falling Wednesday
- Negative Sentiment: Competitive risk from SpaceX/Starlink — Coverage highlights Starlink as a potential competitor/partner that could disrupt broadband economics and pressure AT&T’s consumer/wholesale broadband long term. SpaceX Just Gave Bad News to AT&T, Verizon, and T-Mobile Investors
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.
Further Reading
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