National Pension Service Has $477.33 Million Stock Position in AT&T Inc. $T

National Pension Service grew its stake in shares of AT&T Inc. (NYSE:T) by 3.9% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,902,567 shares of the technology company’s stock after buying an additional 631,764 shares during the quarter. National Pension Service owned approximately 0.24% of AT&T worth $477,328,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of T. Norges Bank bought a new position in AT&T in the second quarter valued at about $2,228,655,000. Vanguard Group Inc. increased its stake in shares of AT&T by 1.6% in the second quarter. Vanguard Group Inc. now owns 661,355,210 shares of the technology company’s stock valued at $19,139,620,000 after buying an additional 10,310,560 shares during the period. Marshall Wace LLP acquired a new position in shares of AT&T in the second quarter valued at approximately $235,422,000. State Street Corp raised its holdings in AT&T by 2.4% in the 2nd quarter. State Street Corp now owns 321,070,509 shares of the technology company’s stock valued at $9,291,781,000 after buying an additional 7,404,376 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its position in AT&T by 59.6% during the 2nd quarter. Acadian Asset Management LLC now owns 14,493,357 shares of the technology company’s stock worth $419,403,000 after buying an additional 5,410,596 shares during the period. 57.10% of the stock is currently owned by institutional investors.

Key Stories Impacting AT&T

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

• Positive Sentiment: Q4 results topped expectations — AT&T reported EPS of $0.52 and revenue of $33.47B, beating estimates and showing broadband and subscriber strength that traders rewarded. Article Title
• Positive Sentiment: Management unveiled larger capital returns — company announced a new buyback plan and reiterated durable cash-return targets (including multi‑year FCF ambitions), which supports the stock’s rerating. Article Title
• Positive Sentiment: Fiber and convergence roadmap upgraded — AT&T signaled plans to expand fiber to ~40M locations and push convergence with wireless, supporting long-term growth and 5G/fiber synergy expectations. Article Title
• Positive Sentiment: Strategic deals seen as incremental upside — analysts and commentary highlight the Lumen transaction as an underappreciated catalyst that could accelerate fiber and wireless revenue crossover. Article Title
• Neutral Sentiment: Analyst sentiment is improving but mixed — several outlets note upgrades or “moderate buy” trends, while consensus still includes a number of hold ratings; street estimates are tracking higher but not uniformly. Article Title
• Negative Sentiment: Some analysts flag a mixed quarter and one‑time factors — at least one shop (TD Cowen coverage) kept a hold rating, pointing to tax-driven cash flows and execution risks as reasons to temper enthusiasm. Article Title

Analyst Upgrades and Downgrades

T has been the topic of a number of research reports. UBS Group reissued a “buy” rating on shares of AT&T in a report on Thursday. KeyCorp reissued an “overweight” rating on shares of AT&T in a research note on Wednesday, January 21st. The Goldman Sachs Group lowered their target price on AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research report on Friday, December 19th. Williams Trading set a $32.00 target price on AT&T in a report on Thursday. Finally, Sanford C. Bernstein decreased their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $29.83.

AT&T Price Performance

T stock opened at $26.21 on Friday. The firm has a market cap of $185.79 billion, a price-to-earnings ratio of 8.59, a PEG ratio of 1.35 and a beta of 0.39. The company has a quick ratio of 0.96, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The company’s fifty day simple moving average is $24.50 and its 200 day simple moving average is $26.34.

AT&T (NYSE:T) last issued its quarterly earnings results 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. AT&T had a return on equity of 12.33% and a net margin of 17.47%.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 EPS. The business’s 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. On average, analysts expect that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Monday, January 12th will be issued a $0.2775 dividend. This represents a $1.11 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Monday, January 12th. AT&T’s payout ratio is presently 36.39%.

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.