Todd Asset Management LLC Trims Stake in AT&T Inc. $T

Todd Asset Management LLC reduced its holdings in AT&T Inc. (NYSE:T) by 4.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,872,311 shares of the technology company’s stock after selling 88,801 shares during the quarter. Todd Asset Management LLC’s holdings in AT&T were worth $52,874,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. J. L. Bainbridge & Co. Inc. increased its position in shares of AT&T by 1.7% in the second quarter. J. L. Bainbridge & Co. Inc. now owns 21,253 shares of the technology company’s stock worth $615,000 after purchasing an additional 355 shares during the last quarter. Financial & Tax Architects LLC grew its stake in AT&T by 4.9% in the 2nd quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock worth $220,000 after buying an additional 356 shares in the last quarter. Roberts Glore & Co. Inc. IL increased its holdings in shares of AT&T by 2.0% in the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 18,386 shares of the technology company’s stock worth $532,000 after buying an additional 357 shares during the last quarter. Investment Partners LTD. increased its holdings in shares of AT&T by 3.5% in the 2nd quarter. Investment Partners LTD. now owns 10,464 shares of the technology company’s stock worth $303,000 after buying an additional 357 shares during the last quarter. Finally, Parcion Private Wealth LLC raised its position in shares of AT&T by 2.5% during the 2nd quarter. Parcion Private Wealth LLC now owns 14,910 shares of the technology company’s stock valued at $431,000 after buying an additional 364 shares in the last quarter. Hedge funds and other institutional investors 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: AT&T CEO John Stankey reiterated a bullish long‑term growth outlook and emphasized the company’s focus on fiber expansion and network competitiveness — supportive for AT&T’s convergence strategy and investor confidence. Read More.
• Positive Sentiment: AT&T’s strategic collaboration with Amazon Web Services (including Amazon Leo) to migrate workloads and modernize its connectivity stack signals potential cost savings, faster product development and improved cloud-native network capabilities. Read More.
• Positive Sentiment: Analyst commentary and MarketBeat’s sector roundup highlight AT&T’s strong Q4 results, raised 2026 EPS guidance, and progress on fiber‑to‑postpaid convergence (higher cross‑sell of fiber + wireless), which underpins upside potential and dividend support. Read More.
• Neutral Sentiment: Space-based broadband progress at AST SpaceMobile (BlueBird 6) could create partnership opportunities for AT&T to extend coverage via satellites, but commercial benefits remain contingent on AST execution and contract activation. Read More.
• Negative Sentiment: T‑Mobile’s recent investor day and strong customer growth highlight competitive pressure in postpaid adds and fixed wireless — a factor that can limit AT&T’s near‑term subscriber upside and put pressure on market share. Read More.
• Negative Sentiment: T‑Mobile’s capital raise (euro‑denominated debt) to fund buybacks/dividends strengthens its financial flexibility and could amplify competitive returns versus AT&T if buybacks boost TMUS shares. Read More.
• Negative Sentiment: Local service reports (Anderson County) name both AT&T and T‑Mobile as experiencing issues — operational outages can dent near‑term sentiment, particularly if broader network reliability headlines accumulate. Read More.

Analyst Upgrades and Downgrades

T has been the topic of a number of research analyst reports. Scotiabank reissued a “sector perform” rating and issued a $29.50 target price on shares of AT&T in a research note on Wednesday, January 7th. Sanford C. Bernstein reduced 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. Wells Fargo & Company dropped their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research report on Monday, January 26th. Wall Street Zen cut shares of AT&T from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, UBS Group restated a “buy” rating on shares of AT&T in a report on Thursday, January 29th. One investment 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, AT&T presently has a consensus rating of “Moderate Buy” and an average price target of $29.93.

AT&T Stock Down 0.4%

Shares of NYSE T opened at $28.70 on Monday. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The company has a market cap of $200.88 billion, a price-to-earnings ratio of 9.41, a PEG ratio of 1.06 and a beta of 0.39. The firm’s fifty day moving average is $24.88 and its 200 day moving average is $26.33. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last released its 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 firm had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business’s revenue was up 3.6% on a year-over-year basis. During the same period last year, the business earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

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

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.