Korea Investment CORP Trims Stock Holdings in AT&T Inc. $T

Korea Investment CORP trimmed its stake in shares of AT&T Inc. (NYSE:T) by 6.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,479,272 shares of the technology company’s stock after selling 347,963 shares during the quarter. Korea Investment CORP’s holdings in AT&T were worth $154,735,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of T. Brighton Jones LLC increased its holdings in shares of AT&T by 26.5% in the 4th quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock valued at $1,106,000 after acquiring an additional 10,188 shares during the last quarter. Atlantic Union Bankshares Corp grew its position in shares of AT&T by 75.8% during the second quarter. Atlantic Union Bankshares Corp now owns 85,633 shares of the technology company’s stock worth $2,478,000 after acquiring an additional 36,933 shares during the last quarter. Savant Capital LLC increased its stake in shares of AT&T by 6.7% in the second quarter. Savant Capital LLC now owns 372,537 shares of the technology company’s stock valued at $10,781,000 after purchasing an additional 23,451 shares during the period. Marco Investment Management LLC increased its position in AT&T by 1.3% in the 2nd quarter. Marco Investment Management LLC now owns 29,991 shares of the technology company’s stock valued at $868,000 after acquiring an additional 380 shares during the period. Finally, Penserra Capital Management LLC increased its holdings in shares of AT&T by 703.5% during the second quarter. Penserra Capital Management LLC now owns 394,644 shares of the technology company’s stock valued at $11,419,000 after purchasing an additional 345,527 shares during the period. 57.10% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on T. Arete Research set a $20.00 price objective on AT&T in a research note on Tuesday, January 6th. Sanford C. Bernstein cut their target price 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. Citigroup reduced their target price on AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a report on Monday, December 22nd. Barclays reduced their price target on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research report on Tuesday, January 13th. Finally, Loop Capital set a $29.00 price objective on AT&T in a research report on Friday, December 19th. 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $29.93.

Key Stories Impacting AT&T

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

• Positive Sentiment: AT&T is expanding its AT&T Guarantee to nearly 50 million more households and adding free Internet Backup for customers who bundle AT&T Fiber and Wireless — a move meant to boost perceived reliability and reduce churn for higher‑value bundled customers. This directly targets the reliability concern that matters to both consumer retention and enterprise customers. AT&T Expands America’s Best Guarantee to Millions of Households Nationwide
• Positive Sentiment: AT&T and Ericsson demonstrated a working prototype of an AI-driven 5G/Cloud RAN feature that improves radio efficiency — a technical advancement that could lower network costs and support better margins as AT&T shifts to a cloud-native, AI-enabled network. Investors view such infrastructure progress as supportive of long‑term service quality and capital efficiency. AT&T Inc (T) Demonstrates Working Prototype of 5G/Cloud RAN Feature
• Positive Sentiment: Coverage comparing AT&T and Verizon highlights a recent Verizon outage and frames reliability as central for dividend investors. That incident reinforces AT&T’s push on guarantees and could tilt income‑oriented investors toward AT&T if they see it as the steadier yield play. AT&T vs. Verizon in 2026: Which Telecom Dividend Stock Is Actually Worth Owning?
• Positive Sentiment: Macro/sector commentary notes telecoms (including AT&T) outperforming many big tech names year‑to‑date as investors rotate to value and defensive income plays; that rotation supports higher relative multiple and demand for AT&T shares. Why Telecoms Like AT&T And Verizon Are Trouncing Tech Giants
• Neutral Sentiment: AT&T is frequently listed in dividend‑focused roundups as a long‑term “set it and forget it” income stock — a narrative that helps attract buy‑and‑hold investors, but adds little immediate catalyst beyond continued yield appeal. Set It and Forget It: The Dividend Stocks Worth Holding for the Rest of Your Life
• Neutral Sentiment: Reports that AT&T may roll out new phone plans imminently are speculative; new pricing or packaging could be a modest near‑term customer or ARPU catalyst but details and timing are uncertain. Report Suggests AT&T New Phone Plans for 2026 Could Arrive March 12
• Negative Sentiment: Social media criticism resurfaced around AT&T’s large historical losses (a $47B write-down from six years ago), which can stir negative sentiment but is unlikely to change fundamentals — still, reputational reminders can pressure short‑term trading if amplified. Reddit Is Still Furious About AT&T’s $47 Billion Loss From Six Years Ago

AT&T Stock Performance

Shares of NYSE T opened at $28.65 on Friday. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The firm has a market cap of $200.57 billion, a price-to-earnings ratio of 9.39, a P/E/G ratio of 1.07 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The business’s 50-day simple moving average is $26.04 and its 200-day simple moving average is $26.35.

AT&T (NYSE:T) last issued its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The business had revenue of $33.47 billion during the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. 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 earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, equities research analysts expect that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were given a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend 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.