Banco Santander S.A. Trims Stake in AT&T Inc. $T

Banco Santander S.A. lessened its stake in shares of AT&T Inc. (NYSE:T) by 56.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,144 shares of the technology company’s stock after selling 65,063 shares during the quarter. Banco Santander S.A.’s holdings in AT&T were worth $1,416,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. R Squared Ltd acquired a new stake in shares of AT&T during the third quarter valued at $371,000. Lansing Street Advisors lifted its holdings in AT&T by 7.7% in the 3rd quarter. Lansing Street Advisors now owns 8,948 shares of the technology company’s stock valued at $253,000 after purchasing an additional 637 shares in the last quarter. DNB Asset Management AS lifted its holdings in AT&T by 6.7% in the 3rd quarter. DNB Asset Management AS now owns 2,162,125 shares of the technology company’s stock valued at $61,058,000 after purchasing an additional 136,070 shares in the last quarter. Advisor OS LLC boosted its stake in shares of AT&T by 9.0% during the 3rd quarter. Advisor OS LLC now owns 82,950 shares of the technology company’s stock worth $2,342,000 after purchasing an additional 6,848 shares during the last quarter. Finally, Interchange Capital Partners LLC grew its holdings in shares of AT&T by 60.0% during the third quarter. Interchange Capital Partners LLC now owns 12,917 shares of the technology company’s stock worth $365,000 after buying an additional 4,844 shares in the last quarter. 57.10% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting AT&T

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

• Positive Sentiment: Q4 earnings beat and FY‑2026 guidance: AT&T topped Q4 EPS and revenue expectations and issued FY2026 EPS guidance, which helped spark a post‑earnings rally and has the stock up materially since the report. AT&T (T) Up 9.3% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Communications segment strength: management cited solid momentum in the Communications business (2025 revenues higher vs. 2024), supporting near‑term revenue stability. T Benefits From Strong Communications Growth: Will it Sustain?
• Positive Sentiment: Fiber strategy validated: an Ookla award and related coverage highlight that AT&T’s fiber footprint is competitive where it exists, supporting the long‑term broadband growth story. AT&T says Ookla fiber award validates strategy — ‘Where we have fiber, we win’
• Positive Sentiment: Short interest fell in February, reducing one source of downside pressure and signaling less bearish positioning ahead of further catalysts. (Internal short‑interest update)
• Neutral Sentiment: NYC lawsuit settled: AT&T agreed to let shareholders vote on a workforce‑diversity disclosure proposal, resolving litigation risk but increasing governance/disclosure obligations. AT&T settles New York City lawsuit over diversity proposal
• Negative Sentiment: $177M data‑breach settlement: AT&T faces a material payout tied to a past breach, which is an earnings/CF headwind and a reminder of litigation exposures. AT&T settlement update: Payout for $177M data breach
• Negative Sentiment: Technical and balance‑sheet cautions: analysts and MarketBeat flag overbought/RSI reversal risk, leverage concerns tied to recent acquisitions, and potential downside to moving averages — factors that have driven short‑term pullbacks. AT&T’s Earnings Glow-Up Can’t Hide These Red Flags
• Negative Sentiment: Recent intraday weakness and relative underperformance vs. the Dow: coverage noted a recent pullback and longer‑term lag versus the index, which may temper enthusiasm among momentum investors. Here’s Why AT&T (T) Fell More Than Broader Market

AT&T Stock Up 1.8%

Shares of NYSE T opened at $27.97 on Friday. The stock has a market capitalization of $195.79 billion, a PE ratio of 9.17, a P/E/G ratio of 1.04 and a beta of 0.39. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00. The firm has a fifty day moving average of $25.63 and a 200-day moving average of $26.36. AT&T Inc. has a 52-week low of $22.95 and a 52-week high of $29.79.

AT&T (NYSE:T) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $32.91 billion. During the same quarter last year, the firm earned $0.43 earnings per share. The firm’s revenue for the quarter 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 anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Monday, January 12th were given a dividend of $0.2775 per share. This represents a $1.11 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s dividend payout ratio is 36.39%.

Wall Street Analyst Weigh In

T has been the topic of several recent analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a $31.00 price objective on shares of AT&T in a research note on Thursday, February 12th. TD Cowen reissued a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Sanford C. Bernstein decreased their price objective on AT&T from $31.00 to $30.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. UBS Group reaffirmed a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, Morgan Stanley reduced their target price on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, AT&T currently has an average rating of “Moderate Buy” and an average target price of $29.93.

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.