Kingswood Wealth Advisors LLC Grows Holdings in AT&T Inc. $T

Kingswood Wealth Advisors LLC increased its position in shares of AT&T Inc. (NYSE:T) by 51.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 74,038 shares of the technology company’s stock after purchasing an additional 25,134 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in AT&T were worth $1,839,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Gentry Private Wealth LLC boosted its holdings in AT&T by 1.7% during the third quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock worth $665,000 after purchasing an additional 393 shares during the last quarter. Thoroughbred Financial Services LLC boosted its holdings in AT&T by 2.8% during the third quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company’s stock worth $419,000 after purchasing an additional 406 shares during the last quarter. Stockman Wealth Management Inc. raised its position 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 worth $228,000 after acquiring an additional 415 shares during the period. Arkfeld Wealth Strategies L.L.C. raised its position in 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 acquiring an additional 415 shares during the period. Finally, Darwin Wealth Management LLC raised its position in AT&T by 3.3% in the third quarter. Darwin Wealth Management LLC now owns 12,841 shares of the technology company’s stock worth $363,000 after acquiring an additional 416 shares during the period. 57.10% of the stock is currently owned by hedge funds and other institutional investors.

Key AT&T News

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

• Positive Sentiment: Q1 beat — AT&T reported $31.51B revenue and $0.57 adjusted EPS, topping estimates, with strong postpaid and broadband adds that validate the bundling/convergence strategy. Read More.
• Positive Sentiment: Subscriber momentum — The company added more wireless subscribers and ~584k internet subscribers in Q1, with nearly 45% of advanced internet customers bundling wireless, supporting future ARPU and retention. Read More.
• Positive Sentiment: Fiber strategy endorsement — Multiple write-ups highlight broadband/fiber as a durable growth driver and a reason to favor the stock for income-plus-growth investors. Read More.
• Positive Sentiment: Income case remains intact — Coverage notes AT&T’s ~4.4% dividend yield and steady cash returns make it attractive for yield-focused portfolios despite near-term noise. Read More.
• Neutral Sentiment: Guidance reiterated — AT&T kept FY2026 EPS guidance at $2.25–$2.35 and reiterated capital return plans, which calms downside surprise risk but stops upside from an upgraded outlook. Read More.
• Neutral Sentiment: Analyst note — Scotiabank trimmed its price target slightly to $31.00 but keeps a “sector perform” view, signaling mixed-but-not-bearish sentiment. Read More.
• Negative Sentiment: Free cash flow and capex concerns — Investors focused on a year-over-year FCF decline (about $2.5B vs ~$3.1B prior year) tied to higher network investment (fiber capex), which pressured the stock despite the beat. Read More.
• Negative Sentiment: Analyst downgrade/target cut — BNP Paribas Exane cut its price target to $26 and set a “neutral” rating, a near-term headwind for sentiment given the lower implied upside. Read More.
• Negative Sentiment: Longer-term risks flagged — Some commentators warn that legacy revenue erosion and wireless margin pressures could constrain multi-year upside despite fiber gains. Read More.

AT&T Stock Performance

Shares of T stock opened at $26.62 on Friday. The firm’s 50-day simple moving average is $27.76 and its two-hundred day simple moving average is $26.05. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.86 and a current ratio of 0.92. The firm has a market cap of $185.87 billion, a price-to-earnings ratio of 8.93, a P/E/G ratio of 0.95 and a beta of 0.34.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, April 22nd. The technology company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.02. AT&T had a net margin of 16.94% and a return on equity of 12.49%. The company had revenue of $31.51 billion for the quarter, compared to analyst estimates of $31.29 billion. During the same quarter in the previous year, the firm posted $0.51 earnings per share. The company’s quarterly revenue was up 2.9% compared to the same quarter last year. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities analysts forecast that AT&T Inc. will post 2.3 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a $0.2775 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.2%. AT&T’s payout ratio is 36.39%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Citigroup lifted their price objective on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Williams Trading set a $32.00 price objective on shares of AT&T in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. Morgan Stanley assumed coverage on shares of AT&T in a research report on Thursday, April 16th. They issued an “overweight” rating and a $30.00 price objective on the stock. Finally, Sanford C. Bernstein lowered their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AT&T has an average rating of “Moderate Buy” and a consensus target price of $30.70.

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.