Provident Living Financial Services Inc. Acquires Shares of 44,610 AT&T Inc. $T

Provident Living Financial Services Inc. acquired a new stake in AT&T Inc. (NYSE:T) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 44,610 shares of the technology company’s stock, valued at approximately $1,108,000. AT&T makes up approximately 1.1% of Provident Living Financial Services Inc.’s portfolio, making the stock its 19th biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Global Wealth Strategies & Associates lifted its stake in AT&T by 10.7% in the third quarter. Global Wealth Strategies & Associates now owns 4,025 shares of the technology company’s stock valued at $114,000 after buying an additional 390 shares in the last quarter. Gentry Private Wealth LLC lifted its stake in AT&T by 1.7% in the third quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock valued at $665,000 after buying an additional 393 shares in the last quarter. Thoroughbred Financial Services LLC lifted its stake in AT&T by 2.8% in the third quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company’s stock valued at $419,000 after buying an additional 406 shares in the last quarter. Stockman Wealth Management Inc. lifted its stake in AT&T by 5.4% in the third quarter. Stockman Wealth Management Inc. now owns 8,061 shares of the technology company’s stock valued at $228,000 after buying an additional 415 shares in the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. lifted its position in shares of AT&T by 1.6% in the third quarter. Arkfeld Wealth Strategies L.L.C. now owns 25,869 shares of the technology company’s stock worth $700,000 after purchasing an additional 415 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 $27.34 on Thursday. The company’s fifty day simple moving average is $27.97 and its 200-day simple moving average is $26.18. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a market cap of $190.90 billion, a PE ratio of 8.96, 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.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The firm had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same period in the prior year, the firm posted $0.43 earnings per share. The company’s quarterly revenue was up 3.6% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Equities research analysts expect that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Friday, April 10th will be given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s dividend payout ratio is 36.39%.

Key Stories Impacting AT&T

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

• Positive Sentiment: Frost & Sullivan and other recognitions highlight AT&T’s leadership in public-safety connectivity and FirstNet, reinforcing its competitive moat in mission-critical services; management’s multi-year restructuring (business segmentation, operational changes, HQ move to Plano) could improve margins and execution over time. AT&T’s Public Safety Award And Restructuring Shape Future Connectivity Story
• Positive Sentiment: AT&T appears on lists of defensive names holding up during market stress due to steady cash flow, a ~4% yield and modest payout ratio — an attractive income/defensive option for yield-seeking investors. The Market Is Selling Everything, But These 5 Stocks Aren’t Breaking Down
• Neutral Sentiment: Comparisons with Verizon note nuance: AT&T’s balance-sheet cleanup and restructuring could make its dividend relatively safer over time, but the peer landscape means investors should evaluate coverage and cash flow trends rather than yield alone. Verizon vs. AT&T: One Telecom Dividend Is on Shaky Ground
• Negative Sentiment: Macro-driven rotation pushed investors out of defensive telecoms into higher-beta names after a drop in oil on hopes of a U.S.-Iran ceasefire; that flow dynamic is cited as the immediate driver of intraday selling pressure in AT&T shares. Why AT&T Shares Are Falling Wednesday
• Negative Sentiment: Competitive risk from SpaceX/Starlink developments — industry commentary frames Starlink as a potential competitor or disruptor to traditional wireless players, adding a strategic risk vector investors may price into telecom multiples. SpaceX Just Gave Bad News to AT&T, Verizon, and T-Mobile Investors
• Negative Sentiment: Large institutional portfolio moves and Q4 2025 hedge-fund rebalancing (notably significant reductions by some big managers) suggest ongoing active reallocation away from T by certain institutions — a factor that can amplify downward pressure during market sell-offs. Lobbying Update: $20,000 of AT&T SERVICES INC. lobbying was just disclosed

Analyst Ratings Changes

T has been the topic of a number of research reports. Oppenheimer boosted their price objective on shares of AT&T from $29.00 to $32.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 11th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price objective on shares of AT&T in a research report on Thursday, February 12th. UBS Group reissued a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Loop Capital set a $29.00 price objective on shares of AT&T in a research report on Friday, December 19th. Finally, Barclays cut their price objective on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, AT&T presently has a consensus rating of “Moderate Buy” and a consensus price target of $30.74.

AT&T Profile

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.