Truist Financial Corp Buys 130,515 Shares of AT&T Inc. $T

Truist Financial Corp lifted its stake in shares of AT&T Inc. (NYSE:T) by 2.4% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,530,712 shares of the technology company’s stock after acquiring an additional 130,515 shares during the quarter. Truist Financial Corp’s holdings in AT&T were worth $156,187,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Denali Advisors LLC increased its holdings in shares of AT&T by 5.9% in the 2nd quarter. Denali Advisors LLC now owns 401,037 shares of the technology company’s stock valued at $11,606,000 after acquiring an additional 22,394 shares during the period. Csenge Advisory Group lifted its stake in shares of AT&T by 20.3% during 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. Tredje AP fonden boosted its position in AT&T by 1.8% during the second 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. CHURCHILL MANAGEMENT Corp grew its stake in AT&T by 1.5% in the second quarter. CHURCHILL MANAGEMENT Corp now owns 324,104 shares of the technology company’s stock valued at $9,380,000 after purchasing an additional 4,793 shares during the last quarter. Finally, Kickstand Ventures LLC. purchased a new position in AT&T in the second quarter valued at about $489,000. Institutional investors own 57.10% of the company’s stock.

AT&T Stock Performance

Shares of AT&T stock opened at $22.97 on Wednesday. The company has a 50 day moving average price of $24.53 and a 200 day moving average price of $26.37. The firm has a market capitalization of $162.84 billion, a P/E ratio of 7.46, a PEG ratio of 1.28 and a beta of 0.39. The company has a quick ratio of 0.96, a current ratio of 1.01 and a debt-to-equity ratio of 1.01. AT&T Inc. has a 52 week low of $22.95 and a 52 week 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, topping the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.87% and a return on equity of 12.72%. The company had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts expect that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Monday, January 12th will be given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend is Monday, January 12th. AT&T’s dividend payout ratio is presently 36.04%.

AT&T News Summary

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

• Positive Sentiment: Q4 results met or exceeded guidance, with sales up on higher wireless and consumer revenue and strong broadband subscriber growth — management says 2025 consolidated guidance was met or exceeded, supporting near-term earnings visibility. AT&T PR Newswire Q4 Release
• Positive Sentiment: Board authorized a new $10 billion share repurchase program — buybacks reduce share count and are usually taken positively by the market as a capital-return and EPS-accretive move. TipRanks: $10B Buyback
• Positive Sentiment: Management forecast annual profit above expectations, citing expansion of fiber and spectrum assets that should drive 5G and high-speed internet demand — a forward-looking beat that supports multiple quarters of improved EPS trajectory. Reuters: Profit Forecast on Fiber/Spectrum
• Neutral Sentiment: AT&T is launching new product distribution channels (IoT solutions on AWS Marketplace) that may broaden enterprise sales but are early-stage and unlikely to move EBITDA materially in the short term. Zacks: IoT on AWS
• Neutral Sentiment: Market commentary notes the stock had a weak start to the year and that earnings could reset sentiment — this is interpretive and depends on forward guidance and execution. Barron’s: Earnings Could Change Signal
• Negative Sentiment: Regulatory/settlement risk: updates to an AT&T settlement could lead to customer payouts (reports suggest some could be eligible for up to $7,500), representing a potential liability or drag if payments are material. MSN: Settlement Update
• Negative Sentiment: Analyst pieces flag margin risks as AT&T invests in fiber and spectrum — heavy capex can pressure near-term margins even if it supports longer-term growth; investors will watch free cash flow and margin guidance closely. Seeking Alpha: Margin Risks

Wall Street Analyst Weigh In

Several analysts have commented on the stock. TD Cowen reissued a “hold” rating on shares of AT&T in a research report on Thursday, October 23rd. Wolfe Research lowered shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Williams Trading set a $33.00 target price on shares of AT&T in a research report on Thursday, October 23rd. The Goldman Sachs Group lowered their target price on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, December 19th. Finally, Citigroup cut their price target on shares of AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus price target of $29.67.

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.