Avanza Fonder AB increased its stake in AT&T Inc. (NYSE:T – Free Report) by 10.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 584,097 shares of the technology company’s stock after acquiring an additional 56,009 shares during the quarter. Avanza Fonder AB’s holdings in AT&T were worth $14,509,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Financial & Tax Architects LLC grew its position in AT&T by 4.9% during the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock worth $220,000 after buying an additional 356 shares during the period. Global Wealth Strategies & Associates lifted its position in shares of AT&T by 10.7% during the 3rd quarter. Global Wealth Strategies & Associates now owns 4,025 shares of the technology company’s stock valued at $114,000 after acquiring an additional 390 shares during the period. Gentry Private Wealth LLC lifted its position in shares of AT&T by 1.7% during the 3rd quarter. Gentry Private Wealth LLC now owns 23,537 shares of the technology company’s stock valued at $665,000 after acquiring an additional 393 shares during the period. Thoroughbred Financial Services LLC boosted its stake in shares of AT&T by 2.8% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 14,847 shares of the technology company’s stock worth $419,000 after acquiring an additional 406 shares in the last quarter. Finally, Stockman Wealth Management Inc. grew its holdings in shares of AT&T by 5.4% in the 3rd quarter. Stockman Wealth Management Inc. now owns 8,061 shares of the technology company’s stock worth $228,000 after acquiring an additional 415 shares during the period. Institutional investors and hedge funds own 57.10% of the company’s stock.
AT&T News Summary
Here are the key news stories impacting AT&T this week:
- Positive Sentiment: Citigroup raised its price target on AT&T from $29.00 to $31.50 and initiated/maintained a “buy” stance, implying roughly mid‑single‑digit upside from current levels and signaling institutional confidence. Benzinga
- Positive Sentiment: Coverage in 24/7 Wall St. frames AT&T as an attractive “boring” dividend stock in 2026 — a narrative that can attract yield‑seeking investors and push demand for the shares. Boring Pays Dividends: Why AT&T is the Hot Stock Nobody Wants to Admit They Own
- Positive Sentiment: AT&T is increasing prices for legacy unlimited wireless plans starting April 2026, which should lift near‑term service revenue and margins if churn remains controlled. AT&T Raising Prices for Legacy Unlimited Plans Starting in April 2026
- Neutral Sentiment: Media note that AT&T’s relative price performance has improved but still lags benchmarks — a reminder the stock may still re-rate if broader market momentum turns favorable. AT&T shows improved relative price performance; still shy of benchmark
- Neutral Sentiment: Broader tech supply-chain news (TSMC/NVIDIA capacity constraints) is unlikely to directly affect AT&T, but it underscores macro tech dynamics that can shift investor risk appetite between high‑growth and defensive/utility‑like telecom names. The AI Gatekeeper: TSMC’s Chokehold Signals Dominance
- Negative Sentiment: Seeking Alpha flags potential competitive risk from a Starlink IPO — public Starlink could intensify competitive dynamics in wireless/broadband and capex/service pricing pressure over time. Monitor disclosures and any strategic responses from AT&T. AT&T: Starlink IPO Risk
AT&T Stock Performance
AT&T (NYSE:T – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share (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 quarter in the prior year, the firm posted $0.43 earnings per share. The company’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. On average, equities analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms recently weighed in on T. Barclays dropped their price objective on AT&T from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 13th. Wells Fargo & Company lowered their target price on AT&T from $29.00 to $27.00 and set an “overweight” rating on the stock in a report on Monday, January 26th. Sanford C. Bernstein dropped their price target on AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. Williams Trading set a $32.00 price target on AT&T in a research note on Thursday, January 29th. Finally, Scotiabank boosted their price objective on shares of AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a research report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $30.46.
View Our Latest Research Report on T
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.
Recommended Stories
Want to see what other hedge funds are holding T? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AT&T Inc. (NYSE:T – Free Report).
Receive News & Ratings for AT&T Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AT&T and related companies with MarketBeat.com's FREE daily email newsletter.
