AT&T (NYSE:T) Now Covered by Analysts at Morgan Stanley

Morgan Stanley started coverage on shares of AT&T (NYSE:T) in a research note published on Thursday morning. The brokerage issued an overweight rating and a $30.00 target price on the technology company’s stock.

Several other research analysts have also issued reports on T. Arete Research raised shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a research note on Tuesday, March 10th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research note on Thursday, February 12th. Barclays decreased their price objective on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Oppenheimer increased 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. Finally, Sanford C. Bernstein decreased their target price on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company 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 issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $30.74.

AT&T Stock Up 3.6%

Shares of NYSE T opened at $26.39 on Thursday. The firm has a market capitalization of $184.28 billion, a PE ratio of 8.65, a price-to-earnings-growth ratio of 0.93 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 has a 1 year low of $22.95 and a 1 year high of $29.79. The firm’s 50-day moving average is $27.92 and its 200-day moving average is $26.09.

AT&T (NYSE:T) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities analysts expect that AT&T will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.11 annualized dividend and a yield of 4.2%. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of T. Csenge Advisory Group boosted its position in AT&T by 20.3% during the third quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock worth $5,346,000 after purchasing an additional 31,935 shares during the period. Rhumbline Advisers boosted its position in AT&T by 0.4% during the third quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock worth $361,779,000 after purchasing an additional 49,727 shares during the period. Wealthfront Advisers LLC boosted its position in shares of AT&T by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock valued at $39,848,000 after acquiring an additional 66,448 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its position in shares of AT&T by 1.4% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock valued at $512,077,000 after acquiring an additional 248,567 shares during the period. Finally, Public Sector Pension Investment Board boosted its position in shares of AT&T by 140.8% in the third quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock valued at $81,575,000 after acquiring an additional 1,689,073 shares during the period. Institutional investors own 57.10% of the company’s stock.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Morgan Stanley initiated coverage with an “Overweight” rating and $30 price target, signaling institutional confidence and providing upside vs. the current price. Tickerreport: Morgan Stanley Overweight
• Positive Sentiment: Market commentary points to Communication Services leading gains today and describes AT&T’s move as either an oversold bounce or start of a new trend, which can attract momentum traders. What’s Going On With AT&T Stock Thursday?
• Positive Sentiment: Analyst and screener coverage highlights AT&T as a value/contrarian pick (RSI noted below 30 and Zacks favorable style scores), which can support demand from income and value-focused investors. Top 3 Tech And Telecom Stocks That Could Blast Off
• Neutral Sentiment: Investors are awaiting Q1 results (April 22) that will reflect the new segment reporting after the Lumen and EchoStar deals — the print and management commentary on free cash flow, churn and legacy revenue trends will likely drive the next significant move. Can AT&T’s New Segment Reporting Clarify…
• Neutral Sentiment: Pre-earnings valuation previews argue AT&T may offer long-term value but short-term performance depends on how Advanced Connectivity revenue offsets legacy declines. Valuation Ahead Of First 2026 Earnings Under New Segment Structure
• Neutral Sentiment: Analyst pieces comparing AT&T to peers (e.g., Lumen) highlight different strategic bets — AT&T’s steady subscriber growth & fiber build vs. peers’ AI pivots — which informs relative allocation decisions. Lumen vs. AT&T: Which Telecom Stock…
• Negative Sentiment: AT&T faces two lawsuits alleging discriminatory relocation practices targeting older workers, which pose legal, reputational and potential settlement/expense risks. Lawsuits Claim AT&T’s Relocation Mandate…
• Negative Sentiment: Federal scrutiny is increasing after reports the nation’s emergency cell backup network (operated by AT&T) failed in emergencies; lawmakers are seeking oversight changes that could lead to regulatory headwinds. The Nation’s Emergency Cell Network Failed…
• Negative Sentiment: Consumer reaction risk from product/plan moves: coverage of a rumored high-priced “Elite” plan raises questions about customer pushback and ARPU trade-offs. Does AT&T really think customers will pay…

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.