Legal & General Group Plc Increases Stock Holdings in AT&T Inc. $T

Legal & General Group Plc lifted its position in shares of AT&T Inc. (NYSE:T) by 1.4% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,559,566 shares of the technology company’s stock after buying an additional 691,221 shares during the quarter. Legal & General Group Plc owned approximately 0.68% of AT&T worth $1,371,322,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Front Row Advisors LLC acquired a new position in AT&T during the second quarter worth about $25,000. Mountain Hill Investment Partners Corp. grew its position in shares of AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares during the last quarter. GGM Financials LLC acquired a new stake in shares of AT&T in the third quarter valued at approximately $25,000. Cloud Capital Management LLC purchased a new position in shares of AT&T during the 3rd quarter worth approximately $31,000. Finally, Kilter Group LLC purchased a new position in shares of AT&T during the 2nd quarter worth approximately $32,000. 57.10% of the stock is owned by institutional investors and hedge funds.

AT&T News Summary

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

• Positive Sentiment: AT&T announced a partnership with AWS to support last‑mile AI workloads — this strengthens AT&T’s edge and 5G/fiber value proposition and could drive new revenue from enterprise AI services. AT&T pairs with AWS to support last mile AI workloads
• Positive Sentiment: Scotiabank raised its price target to $31 (sector perform), signaling modest analyst upside to the stock and reinforcing valuation support from brokers. Benzinga
• Positive Sentiment: A Seeking Alpha piece argues AT&T is positioned to outperform T‑Mobile in 2026, supporting a relative‑strength case for investors focused on telecom returns and dividend income. AT&T Likely To Outperform T-Mobile In 2026 Again
• Positive Sentiment: Investors Business Daily highlighted AT&T as a stock of the day and noted the shares are near a buy point after a post‑earnings surge — a technical signal some growth/value investors may follow. AT&T, IBD Stock Of The Day
• Positive Sentiment: Broker consensus is a “Moderate Buy,” reflecting broad analyst support that can underpin longer‑term demand from income and value investors. AT&T Inc. Given Consensus Recommendation of Moderate Buy
• Neutral Sentiment: AT&T’s presentation/transcript from the Deutsche Bank Media, Internet & Telecom conference provides management commentary and detail on strategy execution but offers no single market‑moving surprise. Deutsche Bank Conference Transcript
• Neutral Sentiment: PR Newswire said CFO Pascal Desroches will update shareholders at the Deutsche Bank conference and reiterated that new segment reporting (starting Q1 2026) should improve transparency around 5G/fiber returns — helpful for modeling but not an immediate catalyst. Pascal Desroches to Update Shareholders
• Neutral Sentiment: An ETF/consumer retail piece is largely unrelated to AT&T’s fundamentals and should have minimal direct impact on the stock’s movement today. 3 ETFs That Could Benefit as Consumers Tighten Their Budgets

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on T shares. Morgan Stanley reduced their target price on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. The Goldman Sachs Group cut their price target on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a report on Friday, December 19th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a research note on Monday, December 29th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 target price on shares of AT&T in a research note on Thursday, February 12th. Finally, UBS Group reaffirmed a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, AT&T currently has an average rating of “Moderate Buy” and a consensus target price of $30.00.

AT&T Stock Down 3.9%

Shares of NYSE:T opened at $27.54 on Tuesday. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The firm has a market cap of $192.77 billion, a price-to-earnings ratio of 9.03, a PEG ratio of 1.07 and a beta of 0.39. The stock’s 50-day moving average price is $26.10 and its two-hundred day moving average price is $26.32. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79.

AT&T (NYSE:T) last announced its quarterly earnings data 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. The business had revenue of $33.47 billion for 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 company’s revenue was up 3.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, research analysts forecast that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Monday, January 12th were paid a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date was Monday, January 12th. AT&T’s payout ratio is currently 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.