Clifford Swan Investment Counsel LLC Sells 19,010 Shares of AT&T Inc. $T

Clifford Swan Investment Counsel LLC decreased its holdings in AT&T Inc. (NYSE:T) by 9.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 180,979 shares of the technology company’s stock after selling 19,010 shares during the period. Clifford Swan Investment Counsel LLC’s holdings in AT&T were worth $5,111,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Front Row Advisors LLC bought a new position in AT&T in the second quarter valued at about $25,000. Mountain Hill Investment Partners Corp. boosted its stake in shares of AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares in the last quarter. GGM Financials LLC bought a new stake in shares of AT&T during the 3rd quarter valued at approximately $25,000. Cloud Capital Management LLC bought a new stake in shares of AT&T during the 3rd quarter valued at approximately $31,000. Finally, Legacy Investment Solutions LLC acquired a new position in AT&T during the 2nd quarter worth approximately $32,000. Institutional investors and hedge funds own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: Ookla recognition and fiber traction boost the growth narrative for AT&T’s broadband strategy, helping justify recent share strength and giving investors a reason to look past near-term noise. A Look At AT&T (T) Valuation As New Fiber Internet Awards Draw Investor Attention
• Positive Sentiment: Short interest fell meaningfully in February (down ~14% month-over-month), reducing immediate downside pressure from bearish bets and shortening the potential short-squeeze timeline. (No link provided)
• Neutral Sentiment: Coverage pieces note AT&T has lagged the Dow over the past year but analysts remain moderately optimistic — suggesting mixed investor views: value characteristics versus slower growth. Is AT&T Stock Underperforming the Dow?
• Neutral Sentiment: AT&T appears on lists of dividend/“set-and-forget” stocks, reinforcing its appeal to income investors even as growth questions persist. Just Set It and Forget It With These Dividend Stocks
• Neutral Sentiment: Zacks highlights that T slipped more than the broader market on the recent session, a reminder that stock-specific flows (profit-taking) are amplifying market moves. Here’s Why AT&T (T) Fell More Than Broader Market
• Negative Sentiment: AT&T agreed to settle a lawsuit brought by NYC pension funds by allowing a shareholder vote on disclosing workforce demographics — introduces governance scrutiny and potential disclosure costs/risk. AT&T settles New York City lawsuit over diversity proposal
• Negative Sentiment: Technical and fundamental analysis warns of a short-term pullback after a strong January rally: overbought RSI, a potential move back toward the 50‑day MA, and concerns about stagnant revenue/dividend trends and near-term EBITDA pressure from recent acquisitions. This is likely the chief driver for short-term selling. (MarketBeat feature summarized; no link provided)

AT&T Price Performance

Shares of T opened at $27.45 on Friday. The business has a 50-day moving average of $25.55 and a 200-day moving average of $26.37. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86. The company has a market capitalization of $192.17 billion, a price-to-earnings ratio of 9.00, a price-to-earnings-growth ratio of 1.03 and a beta of 0.39. AT&T Inc. has a 1 year low of $22.95 and a 1 year high of $29.79.

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

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date was Monday, January 12th. This represents a $1.11 annualized dividend and a yield of 4.0%. AT&T’s payout ratio is presently 36.39%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on T shares. Scotiabank restated a “sector perform” rating and issued a $29.50 target price on shares of AT&T in a research report on Wednesday, January 7th. Sanford C. Bernstein cut their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Loop Capital set a $29.00 price objective on AT&T in a research report on Friday, December 19th. Wolfe Research downgraded AT&T from an “outperform” rating to a “peer perform” rating in a research report on Monday, December 15th. Finally, TD Cowen reissued a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average target price of $29.93.

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.