Equity Investment Corp Cuts Holdings in AT&T Inc. $T

Equity Investment Corp lowered its position in shares of AT&T Inc. (NYSE:T) by 12.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,279,917 shares of the technology company’s stock after selling 617,590 shares during the period. AT&T comprises about 2.5% of Equity Investment Corp’s holdings, making the stock its 13th largest holding. Equity Investment Corp’s holdings in AT&T were worth $120,865,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the company. Morgan Stanley cut their target price on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. TD Cowen reiterated a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Royal Bank Of Canada reduced their price objective on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research note on Thursday, October 23rd. UBS Group reaffirmed a “buy” rating on shares of AT&T in a report on Thursday, January 29th. Finally, Citigroup cut their price target on shares of AT&T from $32.00 to $29.00 and set a “buy” rating on the stock in a report on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $29.83.

Key Stories Impacting AT&T

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

• Positive Sentiment: Q4 beat and constructive outlook — AT&T posted a Q4 earnings beat with service revenue growth driven by wireless and fiber; management reaffirmed FY guidance (FY26 EPS range noted), signaling steady cash generation and execution. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?
• Positive Sentiment: Lumen fiber deal closed — AT&T completed the $5.75B purchase of Lumen’s mass‑markets fiber business, adding 1M+ customers and ~4M fiber‑enabled locations across 32 states, accelerating subscriber growth and scale in broadband. Lumen Completes Sale of Consumer Fiber-to-the-Home Business to AT&T
• Positive Sentiment: Stronger capital returns — Analysts and coverage note rising free cash flow, a ~4% dividend yield and a recent $10B buyback program, which support multiple expansion and investor demand for the stock. Why AT&T Stock Surged This Week
• Neutral Sentiment: Talent and product initiatives — AT&T is hiring bilingual call‑center staff and partnering on connected‑health devices (Tango Belt) — incremental operating support but limited immediate stock impact. AT&T hiring event AT&T Tango Belt collaboration
• Negative Sentiment: Congressional/security risk — Senator Maria Cantwell says AT&T and Verizon are blocking release of key Salt Typhoon security assessment reports and has asked their CEOs to testify; potential regulatory scrutiny, reputational risk and disclosure obligations could create near‑term volatility. Senator says AT&T, Verizon blocking release of Salt Typhoon security assessment reports
• Negative Sentiment: Legacy declines and margin pressure remain — analysts note that while fiber and 5G are growth drivers, legacy wireline declines and margin compression are ongoing risks that could limit near‑term profitability improvement. Should T Stock Be Part of Your Portfolio Post Robust Q4 Earnings?

AT&T Price Performance

NYSE T opened at $26.89 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.86 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 stock has a market cap of $190.63 billion, a price-to-earnings ratio of 8.82, a PEG ratio of 0.98 and a beta of 0.39. The company’s 50 day moving average is $24.53 and its two-hundred day moving average is $26.32.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The company had revenue of $33.47 billion for the quarter, compared to analysts’ expectations of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm’s revenue was up 3.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, research analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current year.

AT&T Announces Dividend

The business 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 was Monday, January 12th. AT&T’s dividend payout ratio is presently 36.39%.

About AT&T

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.