Clearstead Advisors LLC Sells 32,912 Shares of AT&T Inc. $T

Clearstead Advisors LLC lessened its position in AT&T Inc. (NYSE:T) by 7.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 394,823 shares of the technology company’s stock after selling 32,912 shares during the quarter. Clearstead Advisors LLC’s holdings in AT&T were worth $11,150,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Csenge Advisory Group raised 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 worth $5,346,000 after purchasing an additional 31,935 shares during the last quarter. Rhumbline Advisers grew 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 valued at $361,779,000 after purchasing an additional 49,727 shares during the last quarter. Tredje AP fonden increased its stake in AT&T by 1.8% during the 2nd quarter. Tredje AP fonden now owns 1,221,395 shares of the technology company’s stock valued at $35,347,000 after purchasing an additional 21,720 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in AT&T by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock worth $39,848,000 after buying an additional 66,448 shares during the last quarter. Finally, Vise Technologies Inc. bought a new position in shares of AT&T in the second quarter worth approximately $6,221,000. 57.10% of the stock is owned by hedge funds and other institutional investors.

AT&T Stock Up 1.9%

AT&T stock opened at $28.51 on Tuesday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The stock has a fifty day moving average of $25.33 and a 200 day moving average of $26.35. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The stock has a market cap of $199.57 billion, a PE ratio of 9.35, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39.

AT&T (NYSE:T) last released its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the previous year, the company posted $0.43 EPS. The business’s quarterly 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, sell-side analysts predict that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were given a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a yield of 3.9%. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Analyst Upgrades and Downgrades

T has been the subject of several analyst reports. Citigroup reduced their price target on shares of AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $31.00 target price on shares of AT&T in a research note on Thursday, February 12th. Wolfe Research cut AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Sanford C. Bernstein dropped their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Finally, Barclays decreased their target price on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $29.93.

Key Stories Impacting AT&T

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

• Positive Sentiment: RBC Capital raised its 12-month price target on AT&T to $31 (from $29) and kept an Outperform rating, citing fiber expansion as a clear long-term growth driver — a direct vote of confidence that supports higher valuation expectations. RBC Target Raise
• Positive Sentiment: Ookla / AT&T press releases report AT&T Fiber won Ookla’s first-ever “Best Home Internet” in the U.S. and again posted the fastest speeds — a marketing and operational win likely to help broadband net adds, ARPU and long-term fiber economics. Ookla Award
• Positive Sentiment: Erste Group Bank expressed an optimistic outlook for AT&T’s FY2027 earnings, reinforcing positive analyst sentiment around future profit improvement tied to broadband growth and cost discipline. Erste Group View
• Neutral Sentiment: AT&T scheduled its Q1 2026 earnings release and conference call for April 22 — a near-term catalyst that could drive volatility depending on subscriber trends, service revenue and any guidance updates. Q1 Earnings Date
• Negative Sentiment: Coverage noting that dividend stocks, including AT&T, pulled back last week highlights rotation risk and short-term profit-taking among income investors — a factor that can pressure the stock despite positive fundamental updates. Dividend Stock Rotation

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.