Clearstead Advisors LLC Sells 32,912 Shares of AT&T Inc. $T

Clearstead Advisors LLC decreased its position in shares of AT&T Inc. (NYSE:T) by 7.7% during the third quarter, Holdings Channel.com reports. The fund owned 394,823 shares of the technology company’s stock after selling 32,912 shares during the quarter. Clearstead Advisors LLC’s holdings in AT&T were worth $11,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Front Row Advisors LLC bought a new stake in shares of AT&T during the 2nd quarter valued at $25,000. Mountain Hill Investment Partners Corp. boosted its holdings in AT&T by 363.7% in the 3rd 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 period. Solstein Capital LLC increased its stake in AT&T by 217.3% in the 2nd quarter. Solstein Capital LLC now owns 952 shares of the technology company’s stock worth $28,000 after buying an additional 652 shares in the last quarter. Cloud Capital Management LLC bought a new stake in AT&T during the third quarter valued at about $31,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of AT&T in the second quarter valued at about $32,000. 57.10% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

T has been the subject of several research analyst reports. The Goldman Sachs Group cut 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. UBS Group restated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. TD Cowen reiterated a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Citigroup dropped their target price on shares of AT&T from $32.00 to $29.00 and set a “buy” rating for the company in a research report on Monday, December 22nd. Finally, Wells Fargo & Company cut their target price on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, AT&T currently has a consensus rating of “Moderate Buy” and a consensus target price of $29.93.

Key AT&T News

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

• Positive Sentiment: RBC Capital raised its 12-month price target on AT&T to $31 (from $29) and kept an Outperform rating, citing fiber expansion as a clear long-term growth driver — a direct vote of confidence that supports higher valuation expectations. RBC Target Raise
• Positive Sentiment: Ookla / AT&T press releases report AT&T Fiber won Ookla’s first-ever “Best Home Internet” in the U.S. and again posted the fastest speeds — a marketing and operational win likely to help broadband net adds, ARPU and long-term fiber economics. Ookla Award
• Positive Sentiment: Erste Group Bank expressed an optimistic outlook for AT&T’s FY2027 earnings, reinforcing positive analyst sentiment around future profit improvement tied to broadband growth and cost discipline. Erste Group View
• Neutral Sentiment: AT&T scheduled its Q1 2026 earnings release and conference call for April 22 — a near-term catalyst that could drive volatility depending on subscriber trends, service revenue and any guidance updates. Q1 Earnings Date
• Negative Sentiment: Coverage noting that dividend stocks, including AT&T, pulled back last week highlights rotation risk and short-term profit-taking among income investors — a factor that can pressure the stock despite positive fundamental updates. Dividend Stock Rotation

AT&T Trading Up 1.9%

T stock opened at $28.51 on Tuesday. The firm has a fifty day moving average price of $25.33 and a 200 day moving average price of $26.35. AT&T Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The firm has a market cap of $199.57 billion, a PE ratio of 9.35, a price-to-earnings-growth ratio of 1.04 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

AT&T (NYSE:T) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. AT&T had a net margin of 17.47% and a return on equity of 12.33%. The business had revenue of $33.47 billion during the quarter, compared to analyst estimates of $32.91 billion. During the same quarter last year, the business earned $0.43 earnings per share. 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. Sell-side analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were issued a $0.2775 dividend. The ex-dividend date of this dividend was Monday, January 12th. This represents a $1.11 dividend on an annualized basis and a dividend yield of 3.9%. AT&T’s dividend payout ratio (DPR) 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.