Wedmont Private Capital Sells 52,315 Shares of AT&T Inc. $T

Wedmont Private Capital lessened its position in shares of AT&T Inc. (NYSE:T) by 29.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 125,013 shares of the technology company’s stock after selling 52,315 shares during the quarter. Wedmont Private Capital’s holdings in AT&T were worth $2,997,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Front Row Advisors LLC bought a new stake in shares of AT&T in the 2nd quarter valued at $25,000. Mountain Hill Investment Partners Corp. raised its stake in AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after buying an additional 702 shares during the last quarter. GGM Financials LLC acquired a new position in AT&T in the third quarter valued at $25,000. Cloud Capital Management LLC acquired a new position in AT&T in the third quarter valued at $31,000. Finally, Kilter Group LLC bought a new stake in AT&T during the second quarter valued at $32,000. Institutional investors own 57.10% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Citigroup lowered their price objective on AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. Loop Capital set a $29.00 target price on AT&T in a report on Friday, December 19th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. Scotiabank increased their price target on AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a report on Monday, March 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $33.00 price objective on shares of AT&T in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $30.35.

Key Stories Impacting AT&T

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

• Positive Sentiment: Management laid out a multi‑year network investment plan (>$250B over five years) and reiterated plans to return $45B+ to shareholders in 2026–2028, including ~ $8B of buybacks in 2026 — a clear signal for income and infrastructure investors. AT&T rises as investors lean into its long-term network spending plan and shareholder-return outlook
• Positive Sentiment: AT&T’s planned purchase of Lumen’s mass‑market fiber business ($5.75B) expands fiber footprint and supports broadband monetization expectations. Lumen fiber acquisition details
• Positive Sentiment: Launch of a new AI‑powered customer app and digital tools aimed at lowering service friction, improving retention, and enabling targeted upsells — investors view this as a path to cost savings and higher ARPU. AT&T Tests AI App To Cut Costs And Deepen Customer Relationships
• Neutral Sentiment: Analyst views and price targets are mixed but slightly constructive (median targets near $29.5; several recent “buy”/”overweight” ratings), which helps sentiment but doesn’t eliminate execution risk. Analyst ratings and price targets
• Neutral Sentiment: Institutional ownership changes are mixed — large reported reductions by some funds offset by meaningful additions from others, signaling divergent views among big holders. Institutional holdings summary
• Negative Sentiment: AT&T is raising prices on legacy plans to push customers to newer plans — a tactic that risks churn and public backlash if customers migrate or leave. AT&T is about to test customer loyalty with a risky move that increases prices on legacy plans
• Negative Sentiment: Industrywide churn and aggressive discounting from rivals (T‑Mobile, Verizon) are pressuring margins and could force more promotional spend. T-Mobile, Verizon, AT&T Go All-In On Discounts As Churn Surge Hits
• Negative Sentiment: Some bearish commentary argues valuation/late-cycle execution risks make AT&T less attractive right now. AT&T: Way Too Late To Be Buying Now

AT&T Stock Performance

Shares of T opened at $28.33 on Friday. AT&T Inc. has a one year low of $22.95 and a one year high of $29.79. The company has a market cap of $197.81 billion, a PE ratio of 9.29, a P/E/G ratio of 1.06 and a beta of 0.39. The stock has a 50-day moving average of $26.67 and a 200-day moving average of $26.26. The company has a debt-to-equity ratio of 1.00, a current ratio of 0.91 and a quick ratio of 0.86.

AT&T (NYSE:T) last announced 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 return on equity of 12.33% and a net margin of 17.47%.The business had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. During the same quarter in the prior year, the company earned $0.43 earnings per share. The company’s quarterly revenue was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts predict that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Company 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.