AT&T Inc. $T Shares Acquired by Perpetual Ltd

Perpetual Ltd increased its holdings in shares of AT&T Inc. (NYSE:T) by 36.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 87,794 shares of the technology company’s stock after acquiring an additional 23,248 shares during the period. Perpetual Ltd’s holdings in AT&T were worth $2,181,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in T. Csenge Advisory Group lifted its stake in AT&T by 20.3% in the 3rd quarter. Csenge Advisory Group now owns 189,293 shares of the technology company’s stock valued at $5,346,000 after buying an additional 31,935 shares in the last quarter. Rhumbline Advisers lifted its position in shares of AT&T by 0.4% in the third quarter. Rhumbline Advisers now owns 12,810,872 shares of the technology company’s stock valued at $361,779,000 after acquiring an additional 49,727 shares in the last quarter. Wealthfront Advisers LLC boosted its stake in shares of AT&T by 4.9% in the third quarter. Wealthfront Advisers LLC now owns 1,411,031 shares of the technology company’s stock worth $39,848,000 after acquiring an additional 66,448 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its position in shares of AT&T by 1.4% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,133,054 shares of the technology company’s stock worth $512,077,000 after purchasing an additional 248,567 shares in the last quarter. Finally, Public Sector Pension Investment Board increased its position in shares of AT&T by 140.8% during the third quarter. Public Sector Pension Investment Board now owns 2,888,630 shares of the technology company’s stock worth $81,575,000 after purchasing an additional 1,689,073 shares in the last quarter. Institutional investors and hedge funds 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: Goldman Sachs highlights AT&T’s OneConnect — a simplified wireless and 1‑Gb fiber offering aimed at value-conscious new customers; analysts say it refocuses AT&T on product-led subscriber growth and could help gross adds and margins. Goldman Sachs Highlights AT&T’s OneConnect Push into Value Segment
• Positive Sentiment: Q4 earnings review ranks AT&T well vs. peers — recent quarter beat EPS and revenue estimates and management raised FY2026 EPS guidance, supporting the narrative of steady cash generation and operational improvement. Q4 Consumer Discretionary – Wireless, Cable and Satellite Earnings Review
• Positive Sentiment: Analyst consensus is constructive — the street’s average rating sits at “Moderate Buy,” which supports upside potential if execution continues and guidance holds. AT&T Inc. (NYSE:T) Given Average Recommendation of “Moderate Buy” by Analysts
• Positive Sentiment: Dividend appeal remains strong for income investors — coverage in income-focused outlets reiterates AT&T’s high-yield, making the stock a favored pick for dividend strategies. How much to invest in AT&T stock for $1,000 in 2026 annual dividends
• Neutral Sentiment: EchoStar/spectrum deals referenced in the market may shift competitive dynamics in satellite/spectrum access; implications for AT&T are indirect but worth monitoring for future partnering or capacity options. EchoStar (SATS) Strengthens Position with Strategic Spectrum Deals
• Negative Sentiment: Settlement uncertainty is a near-term overhang — reporting on the AT&T customer settlement (the $7,500 reference) highlights delays and customer frustration about timing and payouts; that raises concern over cash outflows, execution of the claims process, and reputational risk until resolved. Where the AT&T settlement stands as customers wonder when they’ll get their $7,500

AT&T Price Performance

AT&T stock opened at $28.31 on Friday. AT&T Inc. has a 12-month low of $22.95 and a 12-month high of $29.79. The stock has a market cap of $197.72 billion, a P/E ratio of 9.28, a PEG ratio of 1.06 and a beta of 0.34. The company has a 50-day moving average price of $27.71 and a 200 day moving average price of $26.21. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. The company had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a net margin of 17.47% and a return on equity of 12.33%. AT&T’s revenue was up 3.6% on a year-over-year basis. During the same period in the previous year, the business posted $0.43 EPS. 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 year.

AT&T Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, April 10th will be given a dividend of $0.2775 per share. This represents a $1.11 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, April 10th. AT&T’s payout ratio is presently 36.39%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on T shares. Morgan Stanley lowered 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 note on Wednesday, December 10th. Royal Bank Of Canada reissued an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. Arete Research upgraded shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 price target on the stock in a research report on Tuesday, March 10th. Williams Trading set a $32.00 price objective on shares of AT&T in a research note on Thursday, January 29th. Finally, Citigroup increased their price objective on shares of AT&T from $29.00 to $31.50 and gave the company a “buy” rating in a 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 given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $30.74.

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.