Exchange Traded Concepts LLC lessened its position in AT&T Inc. (NYSE:T – Free Report) by 23.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,507,610 shares of the technology company’s stock after selling 455,537 shares during the quarter. Exchange Traded Concepts LLC’s holdings in AT&T were worth $37,449,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of T. State Street Corp boosted its position in AT&T by 0.8% during the 3rd quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock worth $9,143,407,000 after acquiring an additional 2,704,536 shares during the last quarter. Norges Bank bought a new stake in shares of AT&T in the second quarter worth $2,228,655,000. Capital Research Global Investors lifted its position in shares of AT&T by 0.6% in the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after purchasing an additional 370,455 shares in the last quarter. Invesco Ltd. boosted its holdings in AT&T by 8.6% during the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after purchasing an additional 4,584,316 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its position in AT&T by 8.7% in the second quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock valued at $1,598,697,000 after purchasing an additional 4,404,688 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.
Analyst Ratings Changes
Several equities research analysts have issued reports on T shares. Barclays lowered their price target on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 13th. The Goldman Sachs Group decreased their price objective on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a report on Friday, December 19th. Wells Fargo & Company lowered their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a research report on Monday, January 26th. Arete Research upgraded AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price on the stock in a report on Tuesday, March 10th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $33.00 price target 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 issued a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and a consensus price target of $30.72.
Key Headlines Impacting AT&T
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Board declared a quarterly common‑share dividend of $0.2775, reinforcing AT&T’s income profile and supporting yield‑oriented buying. AT&T Declares Dividends on Common and Preferred Shares
- Positive Sentiment: KeyCorp raised its price target to $36, signaling analyst conviction in upside vs. current levels and likely helping sentiment. KeyCorp Increases AT&T (NYSE:T) Price Target to $36.00
- Positive Sentiment: AT&T expanded 5G coverage in NYC subway tunnels (with Boldyn), highlighting network investment that could support subscriber retention and enterprise/local advertising opportunities. Is AT&T’s (T) NYC Subway 5G Push a Signal on Its Infrastructure Investment Priorities?
- Positive Sentiment: Analyst/market writeups (Zacks, Benzinga) point to momentum and a transition from a “dividend trap” to a total‑return story, reinforcing investor interest in yield + growth narrative. Why AT&T (T) is a Top Momentum Stock for the Long-Term
- Neutral Sentiment: Technical commentary notes AT&T is testing a key resistance — a breakout would be bullish, but it’s still a price/volume technical trade rather than fundamental news. Stock Of The Day: Will AT&T Break Out?
- Neutral Sentiment: AT&T’s participation in an industry RAN/AI funding round (ODC Series A) signals strategic tech partnerships but is a longer‑term infrastructure play rather than immediate revenue upside. ODC Completes a $45M Series A Funding
- Negative Sentiment: Reports that AT&T is raising prices on older plans have triggered customer dissatisfaction, a potential short‑term churn risk or PR headwind if complaints accelerate. AT&T is raising prices on older plans – and customers aren’t happy
AT&T Stock Performance
Shares of T opened at $29.16 on Friday. The firm has a 50-day moving average of $27.21 and a 200-day moving average of $26.27. 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 $203.66 billion, a PE ratio of 9.56, a price-to-earnings-growth ratio of 1.08 and a beta of 0.39. 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 – Get Free Report) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The company had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. During the same period in the prior year, the firm earned $0.43 EPS. AT&T’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. As a group, equities analysts forecast that AT&T Inc. will post 2.14 earnings per share for the current 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.
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