Victory Capital Management Inc. Reduces Stock Position in AT&T Inc. $T

Victory Capital Management Inc. lessened its stake in AT&T Inc. (NYSE:T) by 2.3% in the third quarter, HoldingsChannel reports. The firm owned 3,225,521 shares of the technology company’s stock after selling 75,303 shares during the period. Victory Capital Management Inc.’s holdings in AT&T were worth $91,089,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of T. Csenge Advisory Group grew its stake in AT&T by 20.3% in the third quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after purchasing an additional 31,935 shares during the last quarter. Rhumbline Advisers raised its stake in shares of AT&T by 0.4% during the 3rd quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock worth $361,779,000 after acquiring an additional 49,727 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in AT&T by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock valued at $39,848,000 after acquiring an additional 66,448 shares in the last quarter. Vise Technologies Inc. acquired a new position in shares of AT&T during the second quarter worth $6,221,000. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in shares of 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 in the last quarter. 57.10% of the stock is owned by institutional investors.

AT&T Stock Performance

Shares of T stock opened at $28.97 on Thursday. The stock has a market cap of $202.81 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 1.06 and a beta of 0.39. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79. The business has a 50-day simple moving average of $25.88 and a 200-day simple moving average of $26.36. 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 announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The company had revenue of $33.47 billion during 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%.AT&T’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities analysts expect that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a yield of 3.8%. AT&T’s payout ratio is presently 36.39%.

AT&T News Roundup

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

• Positive Sentiment: AT&T widened its “AT&T Guarantee” to include AT&T Internet Air and more fiber/wireless customers, expanding backup and reliability benefits to millions of households — a customer-retention and upsell catalyst for broadband and wireless bundles. AT&T Expands America’s Best Guarantee
• Positive Sentiment: AT&T closed the Lumen mass‑markets fiber deal ahead of schedule, adding 1M+ fiber locations and reaffirming 2026 guidance — accelerates fiber scale and revenue mix shift toward higher‑ARPU fixed services. What’s Going On With AT&T Stock
• Positive Sentiment: Multiple AI, Open RAN and network partnerships (H2O.ai milestone, Geoforce asset-intelligence, OCUDU/GSMA involvement, Aduna API expansion) plus CEO commentary on AI-driven efficiency support medium-term margin improvement and network modernization. These moves underpin the firm’s thesis of combining 5G/fiber scale with AI-driven cost savings. AT&T Deepens AI And Open Network Push
• Neutral Sentiment: Media pieces flag a rumored refresh of consumer phone plans (possible March 12 rollout) — could boost ARPU if pricing/structure is favorable, but outcome and magnitude of impact remain uncertain. Report Suggests AT&T New Phone Plans for 2026
• Neutral Sentiment: Several analyst/coverage pieces note T as a trending or outperforming name (shares up over the past year) and highlight fiber/wireless momentum; these reinforce investor interest but are not fresh catalysts by themselves. AT&T Is a Trending Stock
• Negative Sentiment: Retail sentiment and social-media discussion still reference past large write-downs and carry some negativity; customer/retail perception episodes can amplify short-term volatility even if fundamentals improve. Reddit Is Still Furious About AT&T’s $47 Billion Loss
• Negative Sentiment: Analysts continue to flag higher leverage and competitive risks despite operational progress — debt levels remain a watch item for valuation and capital-allocation debates. AT&T Shares Rise 9.5% in a Year

Analysts Set New Price Targets

T has been the topic of a number of research analyst reports. Sanford C. Bernstein dropped their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Weiss Ratings reissued a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Wells Fargo & Company dropped their price target on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research note on Monday, January 26th. The Goldman Sachs Group reduced their price objective on 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, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $33.00 target price on shares of AT&T in a report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus 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.