Millennium Capital Advisors LLC Invests $784,000 in AT&T Inc. $T

Millennium Capital Advisors LLC bought a new position in shares of AT&T Inc. (NYSE:T) during the fourth quarter, Holdings Channel reports. The firm bought 31,549 shares of the technology company’s stock, valued at approximately $784,000.

A number of other hedge funds also recently made changes to their positions in T. GGM Financials LLC bought a new stake in shares of AT&T during the 3rd quarter worth $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T during the 4th quarter worth $25,000. Cresta Advisors Ltd. bought a new stake in shares of AT&T during the 4th quarter worth $26,000. OFI Invest Asset Management raised its stake in shares of AT&T by 84.2% during the 4th quarter. OFI Invest Asset Management now owns 1,087,055 shares of the technology company’s stock worth $27,000 after purchasing an additional 496,804 shares during the period. Finally, Eagle Bay Advisors LLC bought a new stake in shares of AT&T during the 4th quarter worth $29,000. 57.10% of the stock is currently owned by institutional investors.

More AT&T News

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

• Positive Sentiment: AT&T joined Verizon and T-Mobile in a proposed joint venture to expand coverage in rural and hard-to-reach areas, which could improve service quality and strengthen the carriers’ competitive positioning over time. US wireless carriers to launch joint venture to address rural ‘dead zones’
• Positive Sentiment: Investors are also digesting AT&T’s shareholder/analyst meeting results, including the re-election of all 10 board nominees, which signals governance stability. AT&T Announces Preliminary Results of 2026 Annual Meeting
• Neutral Sentiment: Several articles compared AT&T with Verizon, T-Mobile, and even AST SpaceMobile, reflecting ongoing investor debate about which connectivity strategy will win as the industry shifts toward fiber and satellite-enabled service. AT&T vs AST SpaceMobile: Which Connectivity Stock Should You Bet On?
• Neutral Sentiment: AT&T’s recent shareholder/analyst call transcript has drawn attention, but no major new surprise from the transcript appears to be driving the move on its own. AT&T Inc. (T) Shareholder/Analyst Call Transcript
• Negative Sentiment: Despite the strategic headlines, AT&T remains well below its recent moving averages, suggesting investors are still cautious about growth, leverage, and execution risk.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. TD Cowen reissued a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Scotiabank decreased their price objective on AT&T from $31.50 to $31.00 and set a “sector perform” rating for the company in a report on Thursday, April 23rd. Arete Research upgraded shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price for the company in a research report on Tuesday, March 10th. UBS Group reiterated a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $30.55.

AT&T Stock Performance

NYSE T opened at $24.05 on Friday. The company’s 50 day moving average is $26.95 and its 200-day moving average is $26.00. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.05. The firm has a market cap of $167.07 billion, a P/E ratio of 8.07, a price-to-earnings-growth ratio of 0.88 and a beta of 0.23.

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. Sell-side analysts predict that AT&T Inc. will post 2.31 earnings per share for the current year.

AT&T Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Friday, April 10th were given a dividend of $0.2775 per share. The ex-dividend date was Friday, April 10th. This represents a $1.11 annualized dividend and a dividend yield of 4.6%. AT&T’s dividend payout ratio is currently 37.25%.

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.