1834 Investment Advisors Co. Sells 40,042 Shares of AT&T Inc. $T

1834 Investment Advisors Co. reduced its stake in shares of AT&T Inc. (NYSE:T) by 8.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 414,075 shares of the technology company’s stock after selling 40,042 shares during the quarter. AT&T makes up 1.3% of 1834 Investment Advisors Co.’s holdings, making the stock its 19th largest position. 1834 Investment Advisors Co.’s holdings in AT&T were worth $10,286,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Csenge Advisory Group increased its position in shares of AT&T by 20.3% in the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after acquiring an additional 31,935 shares during the period. Rhumbline Advisers lifted its position in AT&T by 0.4% during the 3rd quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock worth $361,779,000 after acquiring an additional 49,727 shares during the period. Wealthfront Advisers LLC lifted its position in AT&T by 4.9% during the 3rd quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock worth $39,848,000 after acquiring an additional 66,448 shares during the period. Sumitomo Mitsui Trust Group Inc. grew its stake in AT&T by 1.4% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock valued at $512,077,000 after purchasing an additional 248,567 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its stake in AT&T by 140.8% during the 3rd quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock valued at $81,575,000 after purchasing an additional 1,689,073 shares during the last quarter. Institutional investors own 57.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on T shares. Williams Trading set a $32.00 price objective on AT&T in a research note on Thursday, January 29th. Citigroup raised their price target on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Wells Fargo & Company decreased their price objective on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. Scotiabank dropped their price objective on shares of AT&T from $31.50 to $31.00 and set a “sector perform” rating on the stock in a report on Thursday. Finally, BNP Paribas Exane reduced their target price on shares of AT&T from $28.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, AT&T has a consensus rating of “Moderate Buy” and an average target price of $30.70.

AT&T News Summary

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

• Positive Sentiment: Q1 beat and broadband strength: AT&T beat EPS and revenue expectations, reported record broadband results and reaffirmed FY guidance — a near‑term catalyst that lifted shares after the print. Former Dividend Aristocrat AT&T Posts Strong Earnings
• Positive Sentiment: Fiber/convergence growth story: Management emphasized a fiber expansion and convergence strategy on the earnings call — a structural growth driver that improves ARPU and lowers churn over time. AT&T Earnings Call: Fiber Push Drives Growth Outlook
• Positive Sentiment: New consumer-facing test vs. T‑Mobile: AT&T is quietly piloting a service aimed at competing with T‑Mobile’s offerings — a potential retention/ACV tailwind if scaled. AT&T quietly tests new service that rivals T-Mobile
• Neutral Sentiment: Defensive valuation and income appeal: Analysts and outlets are highlighting AT&T as a defensive, cash‑generating telecom with an attractive yield for income investors — supportive for longer‑term demand even absent growth surprises. AT&T Inc. (T): Defensive Thesis Growing Strong
• Neutral Sentiment: Analyst price‑target moves: A couple of shops trimmed targets (BNP Paribas Exane, Scotiabank) or moved ratings; these are influencing near‑term sentiment but show mixed conviction about upside. Price Target Coverage
• Negative Sentiment: Wireless churn and subscriber worries: Reports and commentaries flagged elevated wireless customer losses and retention pressure — an immediate negative because wireless is the core profit engine and churn risks margin/ARPU trends. AT&T Falls On Wireless Subscriber ‘Churn’ Worries
• Negative Sentiment: Longer‑term structural concerns: Opinion pieces warn that competition and retention issues could cap upside for years unless wireless trends improve — a caution for growth‑oriented holders. AT&T’s Biggest Problem Could Stall The Stock For Years

AT&T Stock Up 0.0%

T stock opened at $26.21 on Monday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.87 and a current ratio of 0.92. The firm’s fifty day moving average is $27.71 and its 200 day moving average is $26.05. The firm has a market cap of $183.00 billion, a PE ratio of 8.79, a P/E/G ratio of 0.98 and a beta of 0.34.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, April 22nd. The technology company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The business had revenue of $31.51 billion during the quarter, compared to the consensus estimate of $31.29 billion. During the same quarter in the prior year, the firm posted $0.51 earnings per share. The company’s revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts forecast that AT&T Inc. will post 2.31 EPS for the current year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Friday, April 10th will be issued a $0.2775 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.11 dividend on an annualized basis and a yield of 4.2%. AT&T’s dividend payout ratio is presently 37.25%.

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.