Aberdeen Group plc Sells 54,349 Shares of AT&T Inc. $T

Aberdeen Group plc reduced its position in AT&T Inc. (NYSE:T) by 1.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,883,359 shares of the technology company’s stock after selling 54,349 shares during the period. Aberdeen Group plc owned approximately 0.07% of AT&T worth $121,303,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of the company. Csenge Advisory Group boosted its stake in shares of AT&T by 20.3% in the third quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock worth $5,346,000 after acquiring an additional 31,935 shares during the period. Rhumbline Advisers raised its stake 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 period. Wealthfront Advisers LLC lifted its holdings in AT&T by 4.9% in the 3rd quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock worth $39,848,000 after purchasing an additional 66,448 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its stake in AT&T by 1.4% in the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock worth $512,077,000 after purchasing an additional 248,567 shares during the period. Finally, Public Sector Pension Investment Board boosted its stake in AT&T by 140.8% in the 3rd quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock worth $81,575,000 after purchasing an additional 1,689,073 shares during the period. Institutional investors own 57.10% of the company’s stock.

AT&T Trading Up 0.0%

T stock opened at $28.31 on Friday. The company has a market capitalization of $197.72 billion, a PE ratio of 9.28, a P/E/G ratio of 1.06 and a beta of 0.34. AT&T Inc. has a 12 month low of $22.95 and a 12 month high of $29.79. The firm’s 50-day moving average is $27.61 and its 200 day moving average is $26.24. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86.

AT&T (NYSE:T) last released its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm’s quarterly revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be paid a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s payout ratio is currently 36.39%.

AT&T News Roundup

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

• Positive Sentiment: OneConnect bundled offering could accelerate new-customer adds and simplify ARPU expansion — Wall Street analysts (including Goldman Sachs/Mike Ng) highlight the OneConnect package (wireless + 1‑gig fiber + device simplicity) as a way to regain share in the value segment and improve customer economics. This is being cited as a strategic growth catalyst. Read More.
• Positive Sentiment: Q4 results and guidance beat expectations — Recent earnings showed an EPS beat, revenue growth and FY26 guidance that is modestly constructive, which supports valuation and dividend safety narratives for income investors. Analysts are pointing to subscriber strength and margin progress. Read More.
• Positive Sentiment: Analyst price-target lift and buy-side support — Scotiabank raised its AT&T price target to $31.50 (sector perform) and other analysts (e.g., Goldman-backed notes/TipRanks coverage) have reiterated bullish takes tied to OneConnect and network-driven growth, which can attract flows. Read More.
• Positive Sentiment: Large public-safety/FirstNet investment — AT&T’s $2 billion commitment to power the next‑gen emergency network (FirstNet) supports steady, contract-backed revenue and accelerates 5G footprint — a strategic win for long-term network monetization. Read More.
• Neutral Sentiment: Regional wireline asset sale completed — The Upper Peninsula wireline network sale to UP Fiber reduces AT&T’s local operating burden and funds reinvestment, but the direct EPS/cash impact is modest and largely execution-dependent. Read More.
• Neutral Sentiment: Third-party spectrum deals involving AT&T referenced in EchoStar coverage — EchoStar’s spectrum agreements (mentioning AT&T/SpaceX) reduce counterparty risk for EchoStar; implications for AT&T are indirect and currently unclear. Read More.
• Negative Sentiment: Legacy unlimited-plan price hikes risk customer backlash and churn — Reports of price increases and confusing legacy plan changes could lift near-term ARPU but also raise churn/PR risks that investors worry may offset gains from new bundled offers. That tension is a headline drag today. Read More.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on T shares. UBS Group reiterated a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Arete Research upgraded shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a report on Tuesday, March 10th. Morgan Stanley decreased their price target on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Finally, Wells Fargo & Company decreased their price objective on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $30.74.

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.