Edgar Lomax Co. VA Has $48.65 Million Stock Position in AT&T Inc. $T

Edgar Lomax Co. VA lowered its stake in shares of AT&T Inc. (NYSE:T) by 22.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,722,778 shares of the technology company’s stock after selling 502,530 shares during the quarter. AT&T comprises 3.8% of Edgar Lomax Co. VA’s holdings, making the stock its 7th largest holding. Edgar Lomax Co. VA’s holdings in AT&T were worth $48,651,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Front Row Advisors LLC purchased a new position in shares of AT&T in the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. boosted its stake in AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after acquiring an additional 702 shares in the last quarter. GGM Financials LLC purchased a new position in AT&T in the third quarter worth $25,000. Legacy Investment Solutions LLC acquired a new position in shares of AT&T during the second quarter worth $32,000. Finally, Cloud Capital Management LLC acquired a new position in shares of AT&T during the third quarter worth $31,000. Hedge funds and other institutional investors own 57.10% of the company’s stock.

Key AT&T News

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

• Positive Sentiment: AT&T broadened its AT&T Guarantee to include AT&T Internet Air and added free Internet Backup for fiber+wireless customers — a service expansion that can reduce churn and widen addressable households. AT&T Expands America’s Best Guarantee to Millions of Households Nationwide
• Positive Sentiment: AT&T is deepening its AI and open-network push (partnerships with H2O.ai, Geoforce, Aduna JV and membership in OCUDU/GSMA open initiatives), which supports higher-margin enterprise offerings and monetization of network software/asset intelligence. AT&T Deepens AI And Open Network Push As Valuation Gap Persists
• Positive Sentiment: Operational network progress: ongoing Open RAN overhaul and Cloud RAN tests with Ericsson signal capex efficiency and modernized infrastructure that could lower long-term operating costs and accelerate 5G/fiber rollouts. AT&T continues Open RAN overhaul, builds on Ericsson partnership with Cloud RAN tests
• Neutral Sentiment: Media reports suggest AT&T may refresh its phone plans (rumored rollout around March 12) — could boost ARPU if favorable, but details and competitive response will determine impact. AT&T may finally be refreshing its phone plans, but is the change an improvement?
• Neutral Sentiment: Investor-interest stories and analyst write-ups (Zacks/Yahoo) highlight that T has outperformed parts of the market and is trending among retail readers — supportive for sentiment but not a fundamental catalyst. AT&T (T) Surpasses Market Returns: Some Facts Worth Knowing
• Negative Sentiment: Analysts continue to caution that AT&T’s high debt load and industry competition are material risks that could limit upside or increase volatility despite operational progress. AT&T Shares Rise 9.5% in a Year: Should You Invest Now?
• Negative Sentiment: Legacy reputational chatter (e.g., social-media reaction to a past large loss) can generate headlines but is unlikely to change fundamentals; still, it can amplify short-term volatility. Reddit Is Still Furious About AT&T’s $47 Billion Loss From Six Years Ago

AT&T Price Performance

Shares of NYSE:T opened at $29.02 on Friday. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The company has a market cap of $203.16 billion, a PE ratio of 9.51, a price-to-earnings-growth ratio of 1.08 and a beta of 0.39. The company’s 50 day moving average is $25.96 and its 200 day moving average is $26.37.

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 for the quarter, compared to the consensus estimate of $32.91 billion. During the same period in the prior year, the firm earned $0.43 EPS. The business’s revenue for the quarter was up 3.6% on a year-over-year basis. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts forecast that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 2nd. Stockholders of record on Monday, January 12th were issued a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Monday, January 12th. AT&T’s payout ratio is 36.39%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on T. Weiss Ratings reissued a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $33.00 price objective on shares of AT&T in a research report on Thursday, January 29th. Morgan Stanley dropped their target price on shares of AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a research report on Wednesday, December 10th. Wall Street Zen lowered shares of AT&T from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, The Goldman Sachs Group lowered their price objective on shares of AT&T from $33.00 to $29.00 and set a “buy” rating for the company in a research note on Friday, December 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, AT&T presently 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.