Magnetar Financial LLC Sells 203,229 Shares of AT&T Inc. $T

Magnetar Financial LLC cut its stake in shares of AT&T Inc. (NYSE:T) by 65.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 108,985 shares of the technology company’s stock after selling 203,229 shares during the quarter. Magnetar Financial LLC’s holdings in AT&T were worth $3,078,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in AT&T by 26.5% during the fourth quarter. Brighton Jones LLC now owns 48,579 shares of the technology company’s stock worth $1,106,000 after acquiring an additional 10,188 shares in the last quarter. Wealth Quarterback LLC grew its position in shares of AT&T by 43.2% in the 2nd quarter. Wealth Quarterback LLC now owns 29,054 shares of the technology company’s stock valued at $841,000 after acquiring an additional 8,760 shares during the period. KBC Group NV increased its stake in shares of AT&T by 37.6% during the 2nd quarter. KBC Group NV now owns 2,004,013 shares of the technology company’s stock worth $57,996,000 after purchasing an additional 547,211 shares during the last quarter. Bouchey Financial Group Ltd increased its stake in shares of AT&T by 39.0% during the 2nd quarter. Bouchey Financial Group Ltd now owns 13,020 shares of the technology company’s stock worth $377,000 after purchasing an additional 3,650 shares during the last quarter. Finally, Tobam raised its holdings in shares of AT&T by 3.2% in the 2nd quarter. Tobam now owns 259,166 shares of the technology company’s stock valued at $7,500,000 after purchasing an additional 7,932 shares during the period. 57.10% of the stock is currently owned by institutional investors.

AT&T Stock Down 2.1%

Shares of T opened at $27.13 on Thursday. The firm has a market cap of $189.91 billion, a P/E ratio of 8.89, a price-to-earnings-growth ratio of 1.03 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. AT&T Inc. has a 52 week low of $22.95 and a 52 week high of $29.79. The firm’s 50-day simple moving average is $26.20 and its 200 day simple moving average is $26.32.

AT&T (NYSE:T) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $32.91 billion. During the same period last year, the business posted $0.43 earnings per share. The business’s revenue for the quarter 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. On average, analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were issued 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 was Monday, January 12th. AT&T’s dividend payout ratio (DPR) is presently 36.39%.

Key AT&T News

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

• Positive Sentiment: Large, strategic capex commitment could drive long‑term revenue and market share gains (fiber, 5G, rural satellite, resilience, security, workforce). AT&T Announces $250 Billion Commitment
• Positive Sentiment: Recent analyst upgrades and higher price targets reflect buy‑side confidence in the plan and near‑term momentum: Oppenheimer raised its target to $32 (outperform) and Scotiabank boosted its target to $31; Arete moved the stock from sell to neutral ($28 target).
• Positive Sentiment: Operational momentum: AT&T recently beat quarterly EPS estimates and set FY2026 guidance of $2.25–$2.35, supporting the thesis that underlying cash flow can help fund investment. (Company earnings release)
• Neutral Sentiment: Suppliers and partners (e.g., fiber and glass makers) stand to gain from AT&T’s buildout, which may help execution but also signals heavy vendor demand and longer supply chains. Corning reaction
• Neutral Sentiment: Media coverage outlines hiring, workforce training and public‑sector work as part of the plan — positives for execution but with uncertain near‑term cost timing. Yahoo: What $250B Could Mean
• Negative Sentiment: Near‑term investor concern about the scale and timing of $250B capex—worries over cash flow, balance‑sheet flexibility and execution—helped push the stock lower today. Zacks: Why AT&T dipped
• Negative Sentiment: Short‑term bearish commentary urging profit taking after the rally (e.g., “Sell the Rip” pieces) amplifies downside pressure for traders looking to lock in gains. Seeking Alpha: Sell The Rip

Analysts Set New Price Targets

T has been the subject of several recent analyst reports. Wolfe Research downgraded shares of AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. Williams Trading set a $32.00 price objective on AT&T in a research note on Thursday, January 29th. Barclays cut their price objective on 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. Loop Capital set a $29.00 target price on AT&T in a research note on Friday, December 19th. Finally, The Goldman Sachs Group decreased their target price on AT&T from $33.00 to $29.00 and set a “buy” rating on the stock in a report on Friday, December 19th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $30.35.

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.