Assenagon Asset Management S.A. Buys 19,726 Shares of AT&T Inc. $T

Assenagon Asset Management S.A. raised its stake in AT&T Inc. (NYSE:T) by 6.2% during the fourth quarter, HoldingsChannel reports. The fund owned 339,889 shares of the technology company’s stock after buying an additional 19,726 shares during the period. Assenagon Asset Management S.A.’s holdings in AT&T were worth $8,443,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of T. Front Row Advisors LLC bought a new stake in shares of AT&T during the second quarter valued at approximately $25,000. Mountain Hill Investment Partners Corp. raised its holdings in shares of AT&T by 363.7% during the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after purchasing an additional 702 shares during the last quarter. GGM Financials LLC bought a new position in AT&T during the third quarter valued at approximately $25,000. Cloud Capital Management LLC bought a new position in AT&T during the third quarter valued at approximately $31,000. Finally, Kilter Group LLC purchased a new stake in AT&T in the second quarter worth approximately $32,000. 57.10% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

T has been the subject of a number of research reports. Barclays decreased their target price on shares of 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. KeyCorp upped their price objective on AT&T from $30.00 to $36.00 and gave the company an “overweight” rating in a research report on Wednesday. Scotiabank raised their price objective on shares of AT&T from $29.50 to $31.00 and gave the stock a “sector perform” rating in a report on Monday, March 9th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. Finally, Citigroup increased their price target on shares of AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday, March 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $30.72.

AT&T News Roundup

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

• Positive Sentiment: Board declared a quarterly common‑share dividend of $0.2775, reinforcing AT&T’s income profile and supporting yield‑oriented buying. AT&T Declares Dividends on Common and Preferred Shares
• Positive Sentiment: KeyCorp raised its price target to $36, signaling analyst conviction in upside vs. current levels and likely helping sentiment. KeyCorp Increases AT&T (NYSE:T) Price Target to $36.00
• Positive Sentiment: AT&T expanded 5G coverage in NYC subway tunnels (with Boldyn), highlighting network investment that could support subscriber retention and enterprise/local advertising opportunities. Is AT&T’s (T) NYC Subway 5G Push a Signal on Its Infrastructure Investment Priorities?
• Positive Sentiment: Analyst/market writeups (Zacks, Benzinga) point to momentum and a transition from a “dividend trap” to a total‑return story, reinforcing investor interest in yield + growth narrative. Why AT&T (T) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Technical commentary notes AT&T is testing a key resistance — a breakout would be bullish, but it’s still a price/volume technical trade rather than fundamental news. Stock Of The Day: Will AT&T Break Out?
• Neutral Sentiment: AT&T’s participation in an industry RAN/AI funding round (ODC Series A) signals strategic tech partnerships but is a longer‑term infrastructure play rather than immediate revenue upside. ODC Completes a $45M Series A Funding
• Negative Sentiment: Reports that AT&T is raising prices on older plans have triggered customer dissatisfaction, a potential short‑term churn risk or PR headwind if complaints accelerate. AT&T is raising prices on older plans – and customers aren’t happy

AT&T Trading Up 0.8%

Shares of AT&T stock opened at $29.16 on Friday. The company has a fifty day moving average of $27.21 and a 200 day moving average of $26.27. 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 Inc. has a fifty-two week low of $22.95 and a fifty-two week high of $29.79. The company has a market capitalization of $203.66 billion, a P/E ratio of 9.56, a P/E/G ratio of 1.08 and a beta of 0.39.

AT&T (NYSE:T) last posted its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.06. The business had revenue of $33.47 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, sell-side analysts anticipate that AT&T Inc. will post 2.14 earnings per share for the current fiscal year.

AT&T Company 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.