AT&T Inc. $T Stake Lowered by Auto Owners Insurance Co

Auto Owners Insurance Co trimmed its position in shares of AT&T Inc. (NYSE:T) by 84.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,053 shares of the technology company’s stock after selling 122,500 shares during the period. Auto Owners Insurance Co’s holdings in AT&T were worth $623,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of AT&T by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock worth $19,139,620,000 after purchasing an additional 10,310,560 shares in the last quarter. State Street Corp grew its stake in shares of 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 buying an additional 2,704,536 shares in the last quarter. Norges Bank bought a new stake in shares of AT&T in the 2nd quarter valued at approximately $2,228,655,000. Capital Research Global Investors increased its holdings in AT&T by 0.6% in the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after buying an additional 370,455 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in AT&T by 8.6% in the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after buying an additional 4,584,316 shares during the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T Price Performance

Shares of AT&T stock opened at $27.85 on Wednesday. The firm has a fifty day simple moving average of $26.45 and a 200-day simple moving average of $26.27. 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 1-year low of $22.95 and a 1-year high of $29.79. The stock has a market capitalization of $194.97 billion, a price-to-earnings ratio of 9.13, a PEG ratio of 1.04 and a beta of 0.39.

AT&T (NYSE:T) last issued its quarterly 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 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 was up 3.6% compared to the same quarter last year. During the same period last year, the business posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T News Roundup

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

• Positive Sentiment: Quarterly beat and clear FY‑2026 guide — AT&T topped Q4 estimates ($0.52 vs. $0.46) and posted revenue above expectations; management set FY‑2026 EPS guidance of $2.25–$2.35, which supports valuation and raises confidence in cash‑flowability.
• Positive Sentiment: SMB service guarantee to reduce churn — AT&T expanded service assurance for small businesses (bill credits and faster support) to address downtime fears and improve retention in a competitive market, which could stabilize SMB revenue. T Expands Service Assurance for SMBs
• Positive Sentiment: Massive connectivity commitment — AT&T announced a $250 billion commitment to advance U.S. connectivity (multi‑year investment in fiber/wireless). This signals aggressive network buildout that can drive long‑term revenue and market share gains. AT&T commits to spend $250 billion
• Neutral Sentiment: Marketing push around March Madness — New national campaign tied to NCAA March Madness aims to reinforce AT&T’s brand and fan‑experience positioning; helpful for consumer awareness but unlikely to move near‑term fundamentals materially. AT&T Tips Off March Madness Campaign
• Neutral Sentiment: Increased investor attention — Coverage/mentions from Zacks and other outlets show AT&T is being watched closely, which can increase trading volume and short‑term interest but is not itself a fundamental catalyst. AT&T is Attracting Investor Attention
• Negative Sentiment: Capex scale and balance‑sheet risk — The $250B buildout is positive for long‑term positioning but raises execution and cash‑flow timing risk. AT&T’s liquidity/leverage metrics (current ratio ~0.91, debt/equity ~1.0) mean investors should watch free cash flow, capex pacing, and any debt funding plans closely.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. Morgan Stanley reduced their target price on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating for the company in a research note on Wednesday, December 10th. The Goldman Sachs Group dropped their price target on shares of AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Oppenheimer raised their price target on shares of AT&T from $29.00 to $32.00 and gave the company an “outperform” rating in a report on Wednesday, March 11th. Citigroup reduced their price objective on shares of AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research note on Monday, December 22nd. Finally, TD Cowen reiterated a “hold” rating on shares of AT&T in a report on Thursday, January 29th. One 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.35.

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.